This is stock analysis software that provides visual indication to its recommendations of buy, hold or sell of stocks in your portfolio. The basic philosophy it works on is that whenever there is a price reversal and if it is significant then that is the time to enter a trade.
TradeRadar Stock Analysis Software uses historical data to determine trends and to come up with recommendations. You could have automatic update of your stocks database from Yahoo!Finance or you could upload data from several financial sources manually. This system will support analysis of stocks, mutual funds, exchange traded funds, indexes, etc. The trend analysis display is one of the strengths of the program. It shows the stock price movements with the periodic recommendations highlighted in color. The dashboard screen shows you additional data about the trade recommendation by indicating how strong the recommendation is in view of lot of other supporting data. Color dots clearly show if the specific parameter is positive (reinforces the recommendation) or negative.
Portfolio screen shows you the price movements of a particular stock over a day. Fundamental indicators shows whether it is a cheap stock or expensive, which makes software ideal for trend trading and swing trading or Fibonacci trading. Basic fundamental analysis for stocks backs up the recommendations. You are able to go over the historical data and review them for any particular stock. You are able to scroll forward and backward through the price/volume data for a selected stock. Edit of existing data or deleting is possible. The recommendation is based on any significant reversal of price trends. When the price of a rising stock reverses, for example, would be a good time to sell such stock if the reversal is significant and indicates a falling trend. Quite good software that takes much of the guess work out of the trading. However, results you’ll get would depend on how accurate the predictions were. That can be determined after trial in your given situation.