So Much Data in a Single Tool: RadarScreen

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When it comes to information, more is usually better. That’s why TradeStation’s developers have created RadarScreen®.

It looks like a simple grid at first, but beneath the surface lies a broad array of functionality and uses. After learning just a few of its powers, you might wonder how you ever lived without it.

Sure, RadarScreen might look like nothing more than a list symbols. But that’s kind of like saying Bach’s organ fugues are nothing but a “bunch of notes.” The amazing thing is all the ways the symbols can be cross-referenced and sorted based on a limitless number of criteria.

You sort by clicking on the column headers. Each one is essentially its own indicator — things as simple as “Net % Cng” and as complicated as Polarized Fractal Efficiency, Gann HiLo Activator and Linear Regression. And, of course, you can write your own custom indicators with TradeStation’s EasyLanguage coding system.

RadarScreen image from MasterClass curriculum.

To get started, click on the Apps tab at the top left of the work space, and then select RadarScreen. You can type symbols in manually or import them from prebuilt lists by clicking on Data → Add Symbol List.

Several columns are included by default when you launch RadarScreen. You can remove these with the “delete” key and add new ones by clicking on the + sign at the top right. And if you don’t see wgat you want, make sure to check the drop-down menu for showing different kinds of studies.

Interested in learning more? Why not sign up for one of our upcoming
Master Classes? Click here for more!

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David Russell is VP of Content Strategy at TradeStation. Drawing on nearly two decades of experience as a financial journalist and analyst, his background includes equities, emerging markets, fixed-income and derivatives. He previously worked at Bloomberg News, CNBC and E*TRADE Financial. Russell systematically reviews countless global financial headlines and indicators in search of broad tradable trends that present opportunities repeatedly over time. Customers can expect him to keep them appraised of sector leadership, relative strength and the big stories – especially those overlooked by other commentators. He’s also a big fan of generating leverage with options to limit capital at risk.