TradeRadar Freeware Stock Trading Advisor

Overview
TradeRadar Free software will assist trader in making informative decisions through technical analysis on the buying or selling stocks, mutual funds, exchange traded funds, indexes, etc. Developed system supports any charts analysis, while the price movement trends can be displayed on a chart. The basic function of the system is to identify reversals in price movements, determining if the reversal is significant enough to enter a trade with confidence.

Setup and Use
For those who just start using this software, authors prepared easy to follow video guides - training videos, giving you overview on the proper interpretation of the BUY signal or SELL signal, including the voice-over and step-by-step instructions. Download the video tutorials from the developer website through the following links:


Main Screen
This is the first screen that appears when the Trade Radar program is launched. As you can see, it is a Windows desktop application. The menu at the top provides access to the basic features; however, the charting features are not activated unless a stock has been selected from the database. Scroll through the drop down list of symbols and click the Search Database button.
There are other buttons on this screen that allow you to move forward and backward through the price/volume data for the selected stock. There are also buttons that allow you to edit existing data or delete existing data.


File Loading Screens
The program accepts comma-delimited data (CSV). Historical quotes must be loaded in this format in order to analyze the data in Trade Radar. There are two ways to obtain historical quotes: directly from Yahoo from within the TradeRadar program or by obtaining files manually from Yahoo, MSN Money, etc.
The easiest way to obtain data is to use the built-in facility to obtain data from Yahoo. The following image shows the screen that allows you to configure the download by entering symbol, date range, etc. Once the data is loaded, you may immediately proceed to the ChartView functions on the menu on the main screen.


If you wish to manage obtaining the data manually, you will need to go to Yahoo or MSN to download a file of historical data for an individual equity. This screen is used to load the data into the Trade Radar database. Once loaded, it can be analyzed using the ChartView functionality on the menu on the main screen.


Buy/Sell Signal Screen
The Signal screen is used to search for and evaluate the TradeRadar buy/sell signals. Not every chart will yield a signal. The closing price data and moving averages are displayed on the top chart and the signal is displayed on the lower chart. A drop-down is provided that allows you to choose whether you wish to look for a Buy signal or a Sell signal. A set of indicators is displayed along the top of the lower chart that provides information on signal strength and various other statistical measures of signal quality.
There are a number of other controls on this screen that allow you to adjust the time period being examined, the amount of filtering being used on the signal and the sensitivity of the algorithm.


Dashboard Screen
The Dashboard screen is launched by a button on the Buy/Sell Signal screen. The Dashboard provides a quick view of the signal indicators and, using a simple color-coded system (red-yellow-green with green being the best), gives a high-level determination of the quality of the signal. Short explanations of each indicator are also provided.


Portfolio Screen
Use this screen to log information about the trade, real or imaginary. You can capture the signal indicators at the time the trade was entered and closed, number of shares, share prices and commissions, etc. The screen will automatically calculate profit or loss. This becomes a record of the success of the analysis as well as the outcome of the trade. This profit-loss information will automatically show up on the Portfolio Summary.



Operating System: Windows 98/NT/2000/XP.

Download Page: http://trade-radar.com/download/download.html

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