• : April 1, 2021
  • : Definedge Team

New Features in TradePoint Desktop

We are glad to announce a new feature release to add value to our customer experience. In this release we have added a few Indicators and Patterns in our TradePoint Desktop software. To know how to use them, please go through the blog below.

Total Open Interest
(Chart Menu):

Add At-the-money strike-prices in the morning to check the trend of Open Interest for the day.
Suggested timeframes are 5-min and 15-min. Rising line is bullish for the market and Falling line is bearish. You can also apply different indicators on this chart.  Below is a 5-min TOI chart with 10-line simple moving average.


Anchored VWAP tool added in all types of charts (Tool menu)


Introducing Intraday Prime Tracker (Scanner -> Real-time Scanner): 

Conditions related to Camarilla, Pivot, ORB (Opening-Range-Breakout), VWAP, 52-week or other important period High-low etc can be scanned in real-time. Conditions can be selected dynamically by ticking or unticking the boxes in real-time. Conditions for Camarilla Reversals such as stock crossing H4 after L2 or L4 after H2 etc can also be scanned. 


Introducing Indicator Digger Scanner (Scanner Menu):

All important information related to particular indicator on different charting methods is shown. ADX, RSI, Ichimoku, Donchinal Channel and Bollinger Band indicators are added in the section.

ADX Digger


RSI Digger


Ichimoku Digger


Donchian Channel


Bollinger Band Digger


One more box-value is added in Pattern Counter scanner (Scanner -> Smart Scanner)


Alpha, Beta & Volatility Scanner (Smart Scanner): Scanner to find and sort stocks showing Alpha, Beta, Standard Deviation, Correlation, Net return (Retrurn minus Volatility), CAPM (Capital Asset Pricing Model) returns for all stocks in a group on a single clickOHLC Retracement scanner is renamed as 52 week & N-period High-Low% Scanner.

Many other things are implemented based on the feedback by users. More conditions in system builder of ADX, Heikin-ashi Doji pattern is added in the Heikin-ashi charts. 

Please help us with your suggestions and feedback. Please write us at info@definedge.com.

Thanks for your continued trust and support.