Hi Everyone,
Just a reminder that Ben and I will be running a webinar at 12:30 AEST today to walk through the major features that we’ve added recently to the software. Go to this page at 12:30 to join in.
Craig
Archive for the ‘Trading Software’ Category
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New Software Features Demo Today
Tuesday, June 18th, 2013Market scanning updates, new indicators and more to come
Friday, May 31st, 2013Next week we’ll start rolling out the next version of our software. This version is already in the hands of our beta testers – those brave members who are happy to test our cutting edge changes (thanks beta crew!)
The changes include:
* You can now run Analyser Scans on any day, not just the current day. This means you can see what the results for the last trading session would have been, even if today’s session has already begun.
* The data for Analyser Scans is now updated every fifteen minutes if you have a live data subscription, so the results are always near live, rather than updated when you first log in.
* New indicators! We’ve added Keltner Bands and Price Oscillator Indicators to the D2MX Charts.
* A Support and Resistance button to make it easier to draw these horizontal trend lines.
* Ability to invert your Chart Price Axis, (we’ll talk more about this soon).
* The Williams %R Indicator now has signal lines.
* The right hand gap on charts is now saved to the file, so if you like more empty space on the right, you won’t have to scroll every time you open a new chart.
* Notifications of new content posted on the blog.
There are other changes too, that while important, aren’t visible to users, so we’ll leave those details to the developer nerds. It keeps them entertained.
We’ll also be scheduling a webinar soon to demonstrate the latest features in the software and talk with attendees on other ideas.
This new update will be released to users on the Bourse, Market Analyser, d2mxIRESS, Virtual Trader and PTP 5000 editions of the platform. Stay tuned for more updates!
Keltner Channels and Support Lines
Friday, May 24th, 2013Whilst we are making some occasional updates to other parts of the software, the major development focus at this time is on updates to the charting area.
Amongst other new features, the next release will include the Keltner Channels Indicator and a quick way to draw Support Lines.
You can read more about Keltner Channels here.
A Support Line button has been added to the left hand drawing toolbar. Pressing the new Support Line button places the chart into trend line drawing mode, but will only permit trend lines to be drawn horizontally, until you left-mouse click to finish.
(You can do the same by holding your Shift key with normal trend lines, but not all users are aware of that power feature…have you seen what holding your Alt key does while placing indicators?)
These two features have been added, based on member feedback and requests. We’re always interested in considering your ideas, so get in touch!
Enhanced Market Scanning Coming Soon
Thursday, May 23rd, 2013Running the Analyser on Older Dates
In the current software, the Analyser scanning tool only allows you to run your scans on the latest data.
However, we’re now working on adding the ability to run the Analyser Scans on any date you select, not just today.
This will let you run scans in the morning for the prior day’s close, and gives you another option for looking at historical scan results. (The first option being the Trading System Back Tester.)
We’ve also tweaked the system to ensure that you have the latest data, every time you run a live scan (assuming you have a live data subscription).
Example of running the Analyser on a specific date of data
This feature, along with other enhancements, will be made available in the next release of the software scheduled for early June, and affects the Market Analyser, d2mxIRESS, Bourse, Virtual Trader and PTP 5000 editions.
If you’re not using one of these products, get a free trial to test out the Analyser market scanning features for yourself.
Introducing the Chandelier Indicator
Wednesday, May 8th, 2013Following requests from users, our next software update will include a new chart indicator – the Chandelier.
The Chandelier indicator is primarily used as a stop loss mechanism to time exits from a trending market.
When using the Switch parameter:
» Exit long positions when the price crosses below the Chandelier line
» Exit short positions when the price crosses above the Chandelier line
The main idea of the Chandelier stems from the Average True Range indicator.
The ATR function could be used to designate a ‘normal’ range for a security, ie a 22-day average true range may indicate the normal range over a 22-day period. The Chandelier function looks to hang, for example, three average true ranges below a high price in an uptrend.
The name comes from the image of chandeliers being hung from the highest point in a room. This style of indicator, generally used as a stop loss, is hung down from the highest price in a trend.
The Chandelier indicator will be available in the next release our core trading platform, including the Bourse, Market Analyser, d2mxIRESS, Virtual Trader and PTP5000 editions. You’ll find it under the Standard Indicators menu, at the right end of the chart toolbar.
Special thanks to Tim Harbort from The Sharemarket College for his contribution to this update.
Trend Line Details on Hover: Upcoming Features in the Next Software Update
Thursday, May 2nd, 2013An idea a member sent us recently was to have some basic details display about a trend line, when you hover your mouse over it. We thought that was a great idea too and have included it in the next round of development.
Hovering your mouse on a trend line will show trend line details.
In the above example, the trend lines are in orange. The mouse, not visible in the screenshot, is hovering over the lower trend line. The chart therefore overlays the value and percent change between the start and end points along with the gradient of the line. We only show positive numbers, as otherwise it depended on which point you picked first, as to whether the slope was negative or positive. We may consider, in the future, adding a factor to the gradient setting too, for those Gann and ratio enthusiasts. The gradient at the moment is calculated as the basic ratio of price over time.
Move your mouse away from the trend line and that detail disappears. (For example, the upper trend line isn’t showing any details.)
As one of our beta testers has commented already, this new feature makes it easier to adjust existing lines so that they’re parallel to each other. (You can always use the Duplicate Trend Line option to create a new trend line that duplicates an existing line’s angle.)
The screenshot also has some hints as to other new features, can you spot them? These features should be available in the next release of the software, including the Bourse, Market Analyser, d2mxIRESS, Virtual Trader and PTP5000 editions.
As always, please send us your suggestions, ideas and complaints. We’re happy to hear and give them due consideration for future work.
Chart Shadow Rulers: Upcoming Features in the Next Software Update
Wednesday, May 1st, 2013The d2mxIRESS product team is currently in the middle of a development cycle, adding and enhancing features to the Charting area. These new tools will appear in all editions of the software, including Market Analyser, The Bourse, Virtual Trader and PTP5000.
One of the new features is an update to how the ruler (or cross hairs) are drawn on charts.
Example of the new Shadow Rulers feature for charts.
In the current version of the software, if you hold your right mouse button down on a chart, a set of rulers will be displayed, so that you can line up dates (on the X-Axis) and values (on the Y-Axis).
In the new version to be released, those ruler positions will be replicated onto any other open chart windows too. They’ll show a vertical line at the date where you’re drawing the ruler and a horizontal line at the value. If the other chart’s on a different price scale, or showing a time period not in the date range of the main chart, then no ruler can be displayed.
In the above example, the two Telstra charts (shown on the right) show both the price and date lines, where the S&P/ASX 200 and AU/US charts only show the date rules, as their prices aren’t within the Telstra price range. (Which is where the rulers are being drawn.)
Here’s another example, showing Telstra charts on different time periods and how the ruler is shadowed across them.
This new enhancement, and a number of others, will be coming in the next update to the software.
The idea originally was given to us by a member. We’re always open to hearing your ideas on how we can improve the software. We keep note of these and review them on occasion for inclusion in a future update.
If you have a suggestion or feedback, get in touch! Post a comment on this blog or in the members forum, or email us.
IRESS Connection Outage
Tuesday, April 23rd, 2013IRESS is currently experiencing DNS issues on the IRESS Trader website, web.iress.com.au.
This will be affecting Market Analyser, d2mxIRESS, The Bourse and WebIRESS users, as well as IRESS platforms offered by other brokers.
IRESS is looking into this as a highest priority and we hope to have a resolution quickly.
If you can’t trade online, call the trading desk on 1300 130 545 and we’ll place your trades for you.
UPDATE 12.21pm: this issue has now been resolved. If you continue to experience any problems please contact the support desk on 1300 363 766 or email support@d2mx.com.au. Thanks for your patience!
Java Update Issue in IRESS Trader
Friday, April 19th, 2013Earlier this week a new version of Java was released, which has caused problems for some users on IRESS Trader products. This is affecting clients using The Bourse, Market Analyser and d2mxIRESS.
IRESS is aware of the issue and is working on an update to fix the problem. We will notify you when the issues has been fully resolved.
Getting around it
Firstly, if you haven’t yet updated to Java Version 7 Update 21 we suggest you don’t update for now.
If you have already updated and you’re experiencing problems logging in, follow this link to install the update and rerun the software. Every time you start the software, you will be prompted by Java to Block or Unblock the IRESS Trader software. Please select Unblock for the moment.
Why do these problems occur?
The webIRESS and IRESS Trader systems need Java in order to launch successfully. Occasionally updates to Java cause problems in this interaction.
We hope that an update from IRESS is coming very soon to fix this inconvenience. In the meantime if you have any questions please contact the support team on 1300 363 766.
Webinar Playback: The Top Five Fundamental Indicators
Friday, December 7th, 2012A company’s share price can only ignore the fundamentals for so long before reality bites.
In this webinar we looked at our 5 favourite fundamental indicators and how to use them to identify companies that are fundamentally sound.
Thanks to everyone who attended, we hope you enjoyed it!
For a free trial of the software used in this presentation visit http://www.d2mx.com.au/personal/trading/trading-software/
