YouTube Index

This page provides transcripts and keywords from some of our videos.  The preferred way to see the videos is to go directly to our YouTube page.  And see additional videos on our StockTwits page.  These transcriptions and keywords are primarily aimed at helping you find a video using Google and other automated search tools.

Monday, August 2nd, 2010

New features in our free stock screener

We've made some change recently to make our web site look a little more like our other products. Look at this. We now have a graphical indicator for the position in range. You've seen this before. Trade-Ideas Pro has always looked like this. We even have a video help explaining it. Let me give you a quick reminder. As you get more green ... as the green moves to the right, that means that the stock's current price is closer to the high of the day. As you get more red, and as the red moves to the left, that means the stock price is closer to the low of the day. And a lot of white means that it's near the middle of it's trading range. Of course, you can still see the numbers if you like. Just move your mouse over the graphical indicator. A tooltip will show you the number. This one was 53.8%, so you see just a hint of green, but mostly white. This one is 85.6% -- trading on highs -- so the green goes almost all the way to the end. 13% -- trading near lows -- so the red goes most of the way to the left. We can see this for other formulas, too. For example, let's look at the position in 5 day range, and the position in year range. We have the same indicator. Notice that this one is all red. That's because we are lower now than at any time in the previous 5 days. And this one is all green. That means that the price is above anything we've seen in the pervious 5 days. This is at 101.4 % of it's 5 day range. So it's 1.4% higher than it was all last week. Don't forget, we have a video on that formula, too. So if you don't know what -14.9% is, I explained that in much more detail in that lesson. We have a slightly different indicator for the volume today field. We're always comparing the volume today to the average daily volume for this stock. This one goes about half way across, so the volume today is about half of what it is at the end of a typical day. Yes, 69.4%. Like I said, about half. This one is all the way at the edge. That means the volume today is about where it is at the end of a typical day. This one goes way off the edge. Let's see. Ah, this one has almost one and a half times its normal volume.


trade ideas logo
Copyright 2024 Trade Ideas, LLC.
Privacy Statement  /  Disclosure Statement