Released new version 2014.02

What's New

1. Removed the YouTrader History EOD & EOW Excel Charts where it was showing 5WMA, 5WHMA, 20WMA, R1 etc
2. Consolidated the above chart with Excel - Daily & Excel - Weekly
3. Added Views & Column Settings Excel Charts.
4. Added Alerts Manager to modify Alerts
5. Added UScripe based Alerts. You can add your own formulas for Alerts. You can On & OFF Uscript Alerts.
6. Given number of variables for easy writing UScript. Will update those in UScript Help
7. You can reset all your columns settings to Factory Settings using Columns menu
8. Given DB - Settings to select options to update and build excel only those you are using most.
9. All the supporting files will store in fire & fox folders. You can delete all .txt, .in, .ini, .wav files from YouTrader folders.

Feel Free to ask me UScripts in Chat room.

Happy Trading...

2014.01 Release

Today we have released new version 2014.01.

After new version installed, Please delete DB folder and Update DB again. New YouTrader will create DB2 folder.

What's New in newer version?

1.    Added From & To Date in Indicator Scanning

2.    Added Fast Stochastic (FS) in Excel Charts & Scanning.

3.    FS will use the same %K and %D that uses for Slow Stochastic (SS)

4.    Same kind of Over Bought and Oversold Indicator options will be available for FS similar like SS

5.    In FS, FK will be %K and SK will be %D.

6.    In SS, SK will be %K and SD will be %D

7.    FKSK% will indicate FK & SK Crossover. That is FSBUY or FSSELL

8.    SKSD% will indicate SK & SD Crossover. That is SSBUY or SSSELL

9.    Added On fly UScript for filters.

10. This option available in Filters menu. 

11. This would open small window where you can write UScript and just pressing Enter, it will apply and filter the scripts.

12. This window will remain on top so you can quickly modify and apply UScript.

13. Pressing Esc will hide this window and will persist its position.

14. Pressing Ctrl + Save will allow you to save in UScript Filters.

15. You can apply menu shortcuts keys on same window to move from views and Files

16. Added few new variable in UScript to save your time while writing UScript.

17. +P or +dP, Open below daily Pivot and Price running above daily Pivot.

18. -P or -dP, Open above daily Pivot and Price running below daily Pivot.

19. Similar +wP and -wP for Weekly Pivot. They consider daily Open.

20. ++wP, Weekly Open below wP and Price running above wP

21. --wP, Weekly Open above wP and Price running below wP

22. +R1 or +dR1, Price above daily R1. Similar +R2 or dR2 for daily R2

23. -S1 or -dS1, Price below daily S1, similar -S2 or -dS2 for daily S2

24. +wR1, Price Cross weekly R1 today only. That is Previous day close was below wR1 and Price running above wR1 today.

25. Similar +wR2 for weekly R2.

26. ++wR1, Price running above wR1, no matter when it cross. ++wR2 for Weekly R2.

27. +5WMA, Price cross 5WMA today only. ++5WMA, Price cross 5WMA this week.

28. Similar for 5WHMA, 5WLMA & 20WMA

Happy Trading…

Stock Market and Traders

A few days ago, I shared this story on my Facebook page. But read till the end for a meaningful takeaway.

Once upon a time in a village, a man announced he would buy monkeys for Rs 10. The villagers, seeing many monkeys, went to catch them. As the supply decreased, he increased the price to Rs 20, then to Rs 25, and eventually to Rs 50. The villagers caught monkeys eagerly, but soon, the man’s assistant appeared, offering to sell them monkeys at Rs 35, promising they could sell to the man for Rs 50. The villagers, using their savings, bought the monkeys—but the man and his assistant vanished, leaving the villagers stuck with monkeys everywhere.

This is how the stock market works today. If you're still in the market, you're likely recovering your losses because you're holding onto non-performing stocks, hoping someone will buy them at higher prices. The man won’t return. He’s now fooling others in another village, and if he comes back, it’ll be for donkeys, not monkeys. You’ll probably make the same mistake again.

Can we change this system?

Unfortunately, as a common trader, we can’t directly change it. But we can fight back by becoming smarter. How? By following the strategies of the man and his agent in the story.

You don’t need to become friends with them, but you must observe and follow their actions. In the market, they won’t make announcements, but here’s what you can do:

• Get involved and develop an interest in the market.
• Stay positive and maintain a winning attitude.
• Learn technical analysis. This will help you understand the man’s strategy and guide your actions.
• Don’t rely solely on news, but don’t ignore it either—news often comes from agents.

Stay tuned for more insights on technicals and their implementation on YouTrader in upcoming blogs.

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Thank you!