AIQ announces the release of TradingExpert 9.65 for clients on the monthly lease service with Dial/Data.

In this upgrade we have added a new charting type called Heiken Ashi.

Heiken Ashi Charts

Heikin-Ashi, alternatively spelled Heiken-Ashi, translates to "average bar" in Japanese. This technique is employed in securities trading to identify market trends and forecast future prices. It enhances the readability of candlestick charts, facilitating easier analysis of trends.

For instance, traders can utilize Heikin-Ashi charts to determine opportune moments to stay in trades during a persistent trend and exit when the trend undergoes a pause or reversal. Given that most profits arise during trending markets, accurate trend prediction becomes essential.

Regular Candlesticks on the left vs Heiken Ashi on the right for AAPL

Several distinctions exist between the two chart types, as illustrated in the above charts. Heikin-Ashi presents a smoother appearance as it essentially computes an average of the movement. Notably, Heikin-Ashi candles tend to stay red in a downtrend and green in an uptrend, providing a clearer trend indication. In contrast, conventional candlesticks alternate colors even when the price is predominantly moving in one direction.

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Features from prior version 9.6

The Seasonality​ Chart has an easy toggle to remove or add up to 15 years of data and add/remove the average line.  The date key also allows you to change the right hand date of the chart and adjusts the percentage chart appropriately. 

Seasonality Charts in action

In his May 2020 'The Ridiculous Seasonality of AMD', Jay Kaeppel  wrote the following ........'For as it turns out, AMD is one of the most consistently “cyclical” stocks you may ever find'. The trading period October Trading Day 19 through May Trading Day 21. 

AMD – Annual Seasonal Bullish and Bearish Periods

AMD performance during Bullish and Bearish Periods

The AIQ Seasonality chart below has the vertical cursor on the 19th trading day in October, the right hand date on the chart is set to the 21st trading day of May.

This Seasonal Chart shows the trading period through the 21st trading day in May for 8 trading years 2013 - 2020 with the average line being in white. The seasonal trend that Jay mentions can be seen in this chart. The vertical scale is percentage change. ​

Installation improvements:

· Visual Studio 2013 install is no longer necessary.

· Visual Studio 2005 install is only performed if needed.

· DAO installation is only performed if needed.

· Obsolete desktop shortcut icons removed.

New product features and enhancements:

· Added Seasonality Charts. Seasonality Charts help identify year-over-year patterns in price activity by overlaying multiple years of a single ticker.

· AIQ Key number system now handled seamlessly and immune from OS changes.

· Holiday table is no longer used. Data from any trading day across different country markets downloads appropriately.

Bugs fixed:

· In the Charts Control Panel list explore view, the top level entry, the list name itself, no longer tries to open as a ticker. The list name is a lighter shade of grey than the list symbols whose color is black (or white if the ticker is not active or not present).

· Help pages now launch from all products.

Items removed for improved product clarity and focus:

· Dial Data version. All Real-time products (Real Time Alerts, NASDAQ Level II, Quotes and Barometer, Historical Real Time, myTrackEdge)

· AIQALL list and its member group and sector data files.

· AutoChartist Chart Patterns tool bar. This third-party add-on is no longer available.

 · Fundamentals no longer prominent in Charts.

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