Real-TimeReal-Time

Scanning Lesson
Scanning Using Analysis Techniques 7
Lesson 7
in RadarScreen

Using Analysis Techniques in RadarScreen

Table of Contents

RadarScreen……………………………………..…... 1 Sorting and Ranking Symbols…………………………. 6

Inserting Symbols……………………………………. 2 Setting Alerts in RadarScreen…………………………. 7
Inserting Pages………………………………………. 2 Working with Templates………………………………... 8
Inserting Symbol Lists………………………………. 3 Working with Analysis Groups………………………… 9
Inserting Analysis Techniques……………………… 4 Periodic Email Updates………………………………… 10
Setting the Bar Interval……………………………… 5

RadarScreen
RadarScreen offers far more than the basic Quotes window provided in TradeStation. It allows the user
to track not only price data, but also built-in or custom analysis techniques that calculate using historical
data. You may insert hundreds of symbols in a page and monitor indicators, ShowMes and PaintBars in
real time. Each row in RadarScreen is a virtual chart that can be set to any bar interval and can load as
many historical bars as needed to calculate the indicators. Each column – or, in some cases, a group of
columns – is an analysis technique displaying price data or calculated analysis techniques’ values.

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Learning TradeStation
 Lesson 7
Real-Time Scanning Using Analysis Techniques in RadarScreen

Inserting Symbols
When you first create a RadarScreen
window, it is empty. To insert symbols,
type a symbol under the Symbol column
and press Enter on the keyboard.
Continue to type symbols and press
Enter on the keyboard until all your
symbols are inserted.

You may also click on the Insert –

Symbol menu sequence to display the
Insert Symbol dialog. Type a symbol in
the symbol box and click on the Add
button. Repeat the steps until all
symbols are displayed in the Symbol
box and then click on the Insert button.
Click on the Lookup… button to search
for symbols by name.

Inserting Pages
You may have up to eight pages in each RadarScreen window. Each will be tabbed along the bottom of
the window. To insert a new page, click on the Insert – Page menu sequence.

To rename a page, right-click on a tab and click on Rename. The current name of the tab is highlighted,
allowing you to type a new name over it; press Enter on the keyboard when finished.

To arrange pages in a different order, right-click on any page tab and click on Move. The Move Page
dialog allows you to arrange the pages by clicking on the Move Up or Move Down buttons. Click on OK
once finished. You may also click and drag the page tabs to a different location.

RadarScreen Tabs
and right-click menu

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Learning TradeStation
 Lesson 7
Real-Time Scanning Using Analysis Techniques in RadarScreen

Inserting Symbol Lists

TradeStation provides symbol lists that make it easy to quickly insert multiple symbols into a
RadarScreen window. Use the Insert – Symbol List… menu sequence or right-click on the
RadarScreen window and click on Insert Symbol List… from the right-click menu.
TradeStation provides three categories of symbol lists based on different classifications:

Custom Symbol Lists are lists that you create.

Reuters Symbol Lists are lists created by Reuters that we provide and update via the TradeStation Data
Network. Symbols are listed by industry groups.

TradeStation Symbol Lists are lists that we provide and update via the TradeStation Data Network.
Lists are grouped into four different categories:
 Index Components
 Indexes
 Industry Groups
 Largest Volume Stocks.

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Learning TradeStation
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Real-Time Scanning Using Analysis Techniques in RadarScreen

Inserting Analysis Techniques

Supplied with RadarScreen are most of the historical indicators available in charting and a host of
analysis techniques for stocks based on fundamental data; these allow you to monitor a table of symbols
using the same tools you now use chart by chart.

Use the Insert menu to insert indicators, ShowMes and PaintBars into a RadarScreen page.

From the Insert Analysis Technique dialog, click on the drop-down for Select Analysis Type and select
the type you would like to insert into RadarScreen. If All is selected, the Available box will list all custom
and built-in indicators, ShowMes and PaintBars in TradeStation. A checkmark under the History column
indicates that the analysis technique requires historical data to calculate.

You may add any one of the analysis techniques listed in the Available box by highlighting it and clicking
on the Add button to transfer it to the Selected box. All analysis techniques listed in the Selected box
will display as columns in the RadarScreen window. Remove any analysis techniques you do not need
by highlighting them in the Selected box and clicking on the Remove button.

Once all the chosen analysis techniques are in the Selected box, you may click on the Move Up or Move
Down buttons to arrange them in the desired order. Click on the Format… button to change the
calculation parameters in the Inputs tab, or to change the analysis technique’s appearance in the Color
and Style tabs. Then, click on OK to apply the changes.

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Learning TradeStation
 Lesson 7
Real-Time Scanning Using Analysis Techniques in RadarScreen

Setting the Bar Interval

You can format the interval and session for one or a group of symbols on a RadarScreen page. Each row
can be set to the same or different bar interval and you can have the same symbol multiple times with
different intervals.

To change the interval of a symbol, right-click on the symbol and select Format “Symbol” from the right-
click menu.

To change the interval on

several symbols
simultaneously, you may
highlight a group of symbols,
right-click on the highlighted
area and click on Format
Selected Symbols from the
right-click menu.

To format all symbols on the

active page at once, right-click
on the Symbol column and
click on Format All Symbols…
from the right-click menu.

Interval is used in the

calculation of analysis
techniques. Each row will load
bars of historical data based on
the data interval selected to
calculate indicators, ShowMes
and PaintBars.

Click on the View/Customize… button to change the default trading session for the symbols selected.
The Sessions dialog allows you to manage session templates used in the RadarScreen window to
update price data and calculate analysis techniques. You can view the details of session templates and
select a new session template to apply for any or all symbols in the current window.

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Learning TradeStation
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Real-Time Scanning Using Analysis Techniques in RadarScreen

Sorting and Ranking Symbols

The sorting feature in RadarScreen allows you to sort the values of any analysis technique, in descending
or ascending order. There are several different methods you can use for sorting columns.

Double-clicking on the column header will execute a sort on demand. The first time you double-click,
values will sort in ascending order; the second time you double-click, they will sort in descending order.

You can also sort groups of symbols within the same page by inserting a blank row or label row between
groups of symbols. Symbols are automatically sorted within these groups when separated by blank rows
or label rows. To insert a blank row or label row, click on the row starting a group and then click on the
Insert – Label Row or Insert – Blank Row menu sequence; the blank row or label row is added above
the selected row. When a Label Row is inserted, it is highlighted, allowing you to type a custom name for
the row. You may click on the Label Row at any time to type a different name if needed.

Using the settings in the Sort tab of the Format Page dialog will allow you to establish a sort sequence to
be executed at a regular frequency. To access this tab, click on the Format – Page… menu sequence or
right-click on RadarScreen and select Format Page… from the right-click menu. Putting a check in the
Keep data sorted checkbox will keep your symbols sorted according to your criteria even as market data
changes and analysis techniques are recalculated.

If using alerts on analysis techniques, you may sort symbols based on the trigger of these alerts. Under
Sort Keys, select the analysis technique followed by the word Alert in parentheses. Set the sort arrow to
ascending to bring all symbols with alerts triggering to the top of the list.

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Learning TradeStation
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Real-Time Scanning Using Analysis Techniques in RadarScreen

Setting Alerts in RadarScreen

You can set alerts for a single cell, a group of cells within a column or an entire column. For some
analysis techniques, the Inputs tab is used to define the alert criteria. To turn on alerts, click on the
Alerts tab of the Format Analysis Technique dialog available from the Format menu or the right-click
menu on any analysis technique. Click on the Inputs tab on this dialog to change the alert criteria.

Alerts may be enabled with or without notification. Under the heading Use the following Message
Center notification settings, you may choose from the following alerts:
 None places alert markers in RadarScreen cells, but does not generate separate alert messages
such as audio, pop-ups, etc. This is for RadarScreen only and is commonly used when sorting
based on alert criteria.
 Use the global messaging preferences provides alert notifications via the Message Center and
can include audio beeps, visual pop-ups or email messages, according to your global settings.
 Use Custom Settings provides alert notifications via the Message Center and can include audio
beeps, visual pop-ups or email messages, according to custom settings for this instance only.

Alert Markers

In a RadarScreen window, alert markers are displayed in the cells to indicate the status of an alert.

 Alert Enabled: a blue marker in the upper right corner of the cell.
 Alert Triggered: a yellow marker on the right edge of the cell.
 Past Triggered Alert: a magenta marker on the right edge of the cell.

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Learning TradeStation
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Real-Time Scanning Using Analysis Techniques in RadarScreen

Working with Templates

A template allows you to save your favorite window settings so that they can then be applied to another
window and instantly apply the same settings to all pages in the window. The settings that are saved in a
template include the general, color, font and grid settings available by clicking on the Format – Page
menu sequence.

There are several style templates supplied with TradeStation. To apply one of these templates, right-click
on the RadarScreen window, select Template and click on Apply Template… from the right-click menu.
To set a template as the default, right-click on the page, select Template and click on Save Template…
from the right-click menu. Select the template you want to set as default and check the Set as Default
checkbox at the bottom of the dialog.

To create a new template, first format a

RadarScreen page to display the preferred
colors, style and general settings. Then
right-click on the page, select Template
and then click on Save Template… from
the right-click menu. Enter a new template
name or choose one of the existing ones
to overwrite it.

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Working with Analysis Groups

Analysis groups are organizational tools. You can apply as many analysis techniques as you want to a
RadarScreen window, format them the way you want and then save them as an analysis group. You can
then open another RadarScreen window in any workspace and apply the analysis group. You can also
select a default analysis group to apply every time you create a new RadarScreen window.

There are several analysis groups included with TradeStation, but you can also create your own by
saving your favorite groups of analysis techniques into an analysis group.

To save a group of analysis

techniques, right-click on
RadarScreen and select Save
Analysis Group… from the right-
click menu.

All analysis techniques listed in

the Group Content box are
checked by default and will be
saved in the analysis group. To
exclude any of the analysis
techniques, uncheck the
checkbox.

Check the checkbox for

Automatically insert on new
RadarScreen (Quotes)
windows if you wish to use the
same analysis techniques going
forward.

You may also access and

manage analysis groups by right-
clicking on the RadarScreen
window and selecting Manage
Analysis Groups… from the
right-click menu.

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Learning TradeStation
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Real-Time Scanning Using Analysis Techniques in RadarScreen

Periodic Email Updates

The Messaging tab in the Format Page dialog allows you to set up the periodic update messaging
feature for the RadarScreen window. This feature sends an email containing selected values from
RadarScreen to the email address of your choice at a frequency specified by the user.

You can enable this feature on a page-by-page basis or for all of the pages. Also, you might want to be
notified more or less frequently depending on the type of symbols on a particular page.

Check the Enable Periodic Email Update checkbox and enter the number of minutes for the frequency.
Choose the analysis techniques to include in the email by checking their checkboxes. You may also
select the number of symbols to include in the email. Click on the Configure Email… button to enter
your email address and your Internet service provider’s SMTP settings.

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