New Feature Releases in Tradepoint Desktop

12th April 2024: OI Profile

The OI Profile feature allows you to select the expiry, strike, strike difference, and the number of lines. A bar graph is then plotted on the right side of the terminal, helping you with the critical support and resistance levels using Open Interest data.

12th April 2024: TOI RS Charts (Line, P&F and Renko)

TOI RS chart, is a powerful tool for assessing the performance of financial instruments. TOI RS charts focus on comparing the relative strength of two instruments. This comparison is achieved by dividing the TOI value of one instrument by that of another, resulting in a ratio that reflects their performance. Analysing the RS chart allows traders to gauge which instrument is outperforming the other. A rising TOI RS chart indicates that the numerator is outperforming the denominator, while a falling TOI RS chart suggests the opposite. TOI RS charts can be plotted using Line, P&F and Renko methodology. Traders can identify strength and weakness in instruments, use it for pair trading and conduct intra-market analysis using TOI RS charts.

12th April 2024: TOI Comparison Line Chart

The TOI Comparison line chart enables you to plot Total Open Interest (TOI) data for two tickers simultaneously on a single chart. This functionality facilitates comparative analysis and provides a view of the relative strength between the selected tickers. Users can select their preferred tickers, specify the respective expiry, and strikes to generate TOI data for both tickers.

12th April 2024: New P&F Chart Patterns

  • Ascending Triangle Breakout
  • This release introduces the Ascending Triangle Breakout pattern, which identifies ascending triangle patterns. Ascending triangle patterns are bullish formations that typically indicate a potential upward breakout.

  • Descending Triangle Breakout
  • With this update, TradePoint Desktop now includes the Descending Triangle Breakout pattern. Descending triangle patterns are bearish formations that usually suggest a possible downward breakout.

    12th April 2024: New OHLC Chart Patterns

  • Advance Block - Bearish Reversal
  • Identify potential bearish reversals with the Advance Block pattern. The Advance Block pattern is a bearish reversal pattern consisting of three candles. In this pattern, bullish candles with increasing momentum towards the higher side are observed. This indicates bullish strength; however.

  • Descent Block - Bullish Reversal
  • Identify potential bullish reversals with the Descent Block pattern. The Descent Block pattern is a bullish reversal pattern consisting of three candles. In this pattern, bearish candles with increasing momentum towards the downside are observed. This indicates bearish trend.

    12th April 2024: Introducing 3C Pullback Patterns for OHLC and P&F Charts

  • 3C Pullback – Bullish
  • The 3C Pullback Bullish pattern is a three candle/column pattern. This pattern showcases a strong pullback in the current candle, which absorbs the downside momentum of the previous two candle/column. Essentially, it indicates a temporary pause or reversal in the prevailing downtrend, potentially signalling a reversal in the market.

  • 3C Pullback – Bearish
  • The 3C Pullback Bearish pattern is a three candle/column pattern. This pattern showcases a strong pullback in the current candle, which absorbs the bullish momentum of the previous two candle/column. It indicates a temporary pause or reversal in the prevailing uptrend, potentially signalling a reversal in the market.

    22nd March 2024: Option Chain Enhancements

    Added "Intrinsic and Extrinsic Percentage" column in the Option Chain. Now you can easily track the intrinsic and extrinsic values of options directly from the Option Chain interface. There are two components of the premium of an option: intrinsic value and extrinsic value. Intrinsic value reflects the actual value of strike price versus market price. Extrinsic value of an option is time value, implied volatility, etc.

    22nd March 2024: Positive and Negative Bias Candles

    In this release, we have added two new candlestick patterns, namely the Positive Bias Candle and Negative Bias Candle. The Pattern Positive Bias Candle signifies a strong bullish bias when a candle closes in the highest quintile of its range, providing traders with signals for potential upward price movements and favorable conditions for long positions. Conversely, the Negative Bias Candle pattern indicates a significant bearish bias when a candle closes in the lowest quintile of its range, offering insights into potential downward price movements and favorable conditions for short positions.

  • Positive Bias Candle
  • Negative Bias Candle
  • 22nd March 2024: Enhanced P&F and RS Smart Scanner

    We have enhanced the “P&F and RS Scanner” with the addition of "Running" and "Fresh" options. These options provide you with more flexibility in scanning.

    22nd March 2024: New P&F Patterns

  • Quick DTB
  • Introducing Quick DTB (Double Top Buy) pattern. Quick DTB is a variation of the traditional DTB pattern. Quick DTB occurs when the price spends a short period in the column of "O", indicating a swift reversal in market sentiment.
  • Quick DBS
  • Added Quick DBS (Double Bottom Sell) pattern. Quick DBS is a variation of the traditional DBS pattern. Quick DBS occurs when the price spends a short period in the column of "X", indicating a swift reversal in market sentiment.

    11th March 2024: Cumulative RSI (for all charts)

    The Cumulative RSI Indicator helps assessing momentum and trend over short and medium-term periods. It combines the 14-period and 5-period RSI indicators to offer a comprehensive analysis of price movements. The indicator consists of two lines: the green line represents the cumulative RSI indicator, reflecting the strength of price momentum, while the red line represents the average RSI value, providing a reference point for comparison. To know more, click here.

    11th March 2024: RSI Delta Indicator

    This new indicator offers enhanced insights into market trends and can greatly assist traders and investors. The RSI Delta Indicator measures the change in relative strength index (RSI) values over a specified period. By calculating the difference between current and previous RSI values, the indicator helps identify potential trend reversals, divergences and overbought / oversold conditions in various financial instruments.

    11th March 2024: Bollinger Bands on RSI (for all charts)

    With this release, we have seamlessly integrated Bollinger Bands onto the RSI indicator. This combination offers a unique perspective on market trends, oscillations and potential reversals. By overlaying Bollinger Bands on the RSI, users gain a new dimension of analysis, allowing for more accurate identification of overbought and oversold conditions.

    11th March 2024: Smart Don Indicator (for all charts)

    Introducing the Smart Don Indicator, a powerful integration of D-Smart and Donchian indicator, now available for all charts. This indicator provides a comprehensive view of market trends and potential breakouts.

    11th March 2024: System Builder conditions for New Indicators

    Our System Builder tool has also been upgraded to accommodate the new indicators. You can now create advanced trading strategies by incorporating these indicators along with other indicators, patterns and conditions.

  • Cumulative RSI indicator
  • RSI delta indicator
  • Bollinger bands on RSI
  • Smart Don indicator
  • 22nd December 2023: Dynamic Groups in Ultra Scanner

    Introducing a powerful enhancement to the Ultra Scanner in this release. Now, you can leverage Dynamic Groups to finely filter and customise your scans. One of the key advantages of Dynamic Groups is the real-time updates. These groups will be refreshed every 5 minutes, ensuring users have access to the most up-to-date market data.

    The new options include:
  • Fast Bullish
  • Fast Bearish
  • All-Time High
  • All-Time Low
  • We are committed to ongoing improvements, and users can anticipate additional dynamic group options in future updates.

    10th November 2023: XO Zone Indicator

    Introducing the XO Zone Indicator, a Point & Figure chart indicator created by Prashant Shah. This indicator offers a simplified yet powerful way to assess bullish and bearish momentum in your trading strategies. It is designed to be easy to understand and seamlessly integrates into your existing technical analysis tools.
    Momentum Analysis: The XO Zone Indicator provides a straightforward measure of bullish and bearish momentum without relying on complex statistical calculations. It is based on the count of bullish ("X") and bearish ("O") prints in the price pattern.
    Price-Based: This indicator is entirely price-based and is plotted directly on your chart, making it easy to interpret.
    Zone Visualization: The indicator visually represents the balance between bullish and bearish prints. The green zone indicates a bullish trend, where bullish prints outnumber bearish prints. Conversely, the red zone signals a bearish trend, with more bearish prints than bullish ones. Price Turning Points: In the commentary box, you'll find information about the price levels at which the bullish zone might transition to a bearish zone or vice versa.

    10th November 2023: Brick Zone

    Introducing the Brick Zone Indicator, a Renko chart indicator created by Prashant Shah. This indicator simplifies the assessment of bullish and bearish momentum in Renko charts.
    Momentum Analysis: The Brick Zone Indicator provides a clear measure of bullish and bearish momentum without relying on complex statistical calculations. It focuses on the count of bullish and bearish bricks in the price pattern.
    Price-Based: This indicator is entirely price-based and is plotted directly on your chart, making it easy to interpret.
    Zone Visualization: The indicator visually represents the balance between bullish and bearish bricks. The black zone indicates a bullish trend, where bullish bricks outnumber bearish ones. Conversely, the red zone signals a bearish trend, with more bearish bricks than bullish ones. Commentary: In the commentary box, you'll find information about the price levels at which the bullish zone may transition to a bearish zone or vice versa.

    10th November 2023: Basket Order

    In response to user feedback and to streamline your trading experience, we have introduced the highly anticipated Basket Order feature. It allows you to manage multiple orders with ease, offering greater control and flexibility in your trading strategies.

    7th October 2023: Auto Trade Engine Updated

    With our latest update, you can now choose between "Positional" and "Intraday" while setting up your strategy.

    19th August 2023: New Feature Addition in Options ATM Scanner and Multi-Scrip Straddle Scanner

    Options ATM Scanner and Multi-Scrip Straddle Scanner now come with a recalibration feature for options strikes during scanning. This means that as market conditions change, the scanner will automatically adjust the options strikes it considers.

    19th August 2023: Introducing New Ready-Made Dynamic Groups

    Introducing three new ready made dynamic groups tailored to various trading strategies. These groups are generated using our innovative Matrix table. Stay tuned as we expand the universe in this category, adding more groups.
    (Note: -These groups are updated daily, keeping you in sync with the latest market trends.)

  • Bullish Intraday Stocks (F&O Universe)
    Stocks that show potential for bullish intraday moves.
  • Bearish Intraday Stocks (F&O Universe)
    Stocks that exhibit bearish intraday characteristics.
  • Short-term Bullish Stocks (F&O Universe)
    Stocks with short-term bullish prospects.
  • 27th July 2023: Addition of a New Condition in P&F Fusion Matrix

    We've introduced "At" condition to the P&F Fusion Matrix.

    27th July 2023: Introducing 3 New Indicators

  • X Sum Indicator
  • O Sum Indicator
  • Open Interest Indicator (For OHLC Charts)
  • 27th July 2023: Commentary for P&F Charts Updated

    The Average True Range percentage (ATR%) value is now visible on in the commentary for Point & Figure charts.

    27th July 2023: Addition of 3 New System Builder Conditions

  • X Sum Indicator
  • O Sum Indicator
  • Open Interest Indicator (For OHLC Charts)
  • 14th July 2023: Now Select Preferred Templates

    We have added a new feature that allows you to save templates and easily apply them to all your charts. To apply your preferred template just right click on the chart and select "Apply Template". Now select and apply the template you want to plot.

    14th July 2023: Put/Call Selection in Options ATM Scanner

    With our latest update, Options ATM Scanner will provide even more control and customisation. You can now choose between Put, Call, or both options before running the scan. This enhancement gives you the flexibility to focus on specific types of options contracts based on your trading strategies and market analysis.

    11th July 2023: Introducing 2 New Indicators

  • MA on Bollinger Band Indicator
  • MA on Donchian Channel Indicator
  • 11th July 2023: An Addition to System Builder Conditions

    Force Index Indicator has been added to System Builder conditions. The Force Index indicator is a technical analysis tool that helps identify the strength and momentum behind price movements. Now, you can now create trading systems using this indicator.

    11th July 2023: New Feature Addition in Multi-Scrip Straddle Scanner

    With this release, we have added the option to Re-Calculate ATM price for the next entry.

    11th July 2023: Strike Width

    Now you can select the strike width in Multi-Scrip Straddle Scanner and Option ATM scanner.

    11th July 2023: Improved Navigation: Option Chain

    Option Chain has been relocated to the “Market” tab.

    11th July 2023: Indicator/Pattern Preference Updated

    In this update we aim to provide you with a more tailored and efficient user experience.

    23rd June 2023: Introducing 2 new Indicators

  • High Low Momentum Index
  • Adaptive RSI
  • 23rd June 2023: Addition of 3 new System Builder conditions

  • High Low Momentum Index
  • Adaptive RSI
  • MACD%
  • 23rd June 2023: Option ATM scanner gets a new feature

    Now you can select monthly, first weekly, second weekly and third weekly expiry before running the Option ATM Scanner.

    23rd June 2023: Buy-Sell Window Updated

    16th June 2023: Introducing 2 new Indicators

  • High Low Momentum Index
  • Adaptive RSI
  • 16th June 2023: Addition of 3 new System Builder conditions

  • High Low Momentum Index
  • Adaptive RSI
  • MACD%
  • 10th June 2023: ATR and OBV Indicators are updated

    Now you can add 2 AverageLines in ATR and OBV indicator.

    10th June 2023: A New Indicator for Ratio Charts

    Introducing the Smoothed RSI for ratio charts.

    10th June 2023: Addition of 4 new Indicators

  • VWAP ATR Band for OHLC, P&F, Renko and Heikin-Ashi
  • VWAP Bollinger Band for OHLC, P&F, Renko and Heikin -Ashi
  • Count Moving Average for all charts
  • Donchian Bandwidth for all charts
  • 10th June 2023: Addition of 4 new OHLC System Builder conditions

  • Define Open Price Percent
  • Define High Price Percent
  • Define Low Price Percent
  • Define Close Price Percent
  • 10th June 2023: Introducing P&F and Renko Chart Options for Multi-Leg Chart

    Now you can plot Multi-Leg Chart on P&F and Renko.

    10th June 2023: Definedge System in EOD Scanner

    Now you can use Definedge System in EOD scanner.

    6th June 2023: Options ATM Scanner now includes a powerful new feature

    With this release, we have added the option to Re-Calculate ATM price for the next entry.

    6th June 2023: Auto Trade Engine Shifted

    Auto Trade Engine has been shifted from Settings to the Scanner section.

    27th May 2023: Addition of the highly anticipated Auto Square Off feature for algo orders.

    With this latest update, users now have the ability to automatically square off their algo orders, enhancing the efficiency and convenience of their trading experience.

    27th May 2023: Market Watch in a Fresh New Look.

    This release brings a new guise to Market Watch.

    27th May 2023: Introducing Donchain Channel for last n bar/column.

    In this update we have added Donchian Channel for last n bar/column in System Builder conditions for all charts.

    27th May 2023: ATR Indicator in System Builder.

    With our latest update, ATR indicator is available in System Builder for Line Break chart.

    27th May 2023: Addition of Candle Shadow % in System Builder conditions.

    With our latest release we have added Candle Shadow % in System Builder conditions for OHLC and Heikin-Ashi charts.

    27th May 2023: Addition of a new P&F pattern.

    Now you can plot Bear Trap Follow Through - Bullish pattern on P&F charts.

    22nd May 2023: Reduced the number of clicks required for PCR and Snakes Chart

    With this new update, we have eased the plotting of PCR and Snakes charts by reducing the number of clicks required. You only need to select Expiry, Base Strike Price, Strike Difference and No. Of Strikes.

    22nd May 2023: We have added 2 new indicators.

  • ATR Stop-Loss Indicator
  • Disparity Index Indicator
  • 22nd May 2023: Introducing Auto Trade Feature in Options ATM scanner.

    Once the entry pattern is qualified for ATM Option symbols, your trade will be executed automatically.

    22nd May 2023: New System Builder conditions.

    We have added two new conditions in System Builder.

  • ATR Stop-Loss
  • Donchian Channel Price Percent
  • 22nd May 2023: Multi-leg Chart UI change.

    Plotting Mutli-leg chart is now simpler.

    22nd May 2023: Addition of Disparity Index in System Builder For Ratio Charts.

    Now Disparity Index is also available in system builder for Ratio charts.

    22nd May 2023: Default Intraday Lines in PCR and Snakes charts.

    Intraday lines are now shown by default in PCR and Snakes charts.

    16th May 2023: Introducing Bearish and Bullish 5 Ka Punch

    With our latest update, we have added Bullish and Bearish 5 Ka Punch which can be plotted separately on Renko chart.
    Path;
    Open Renko chart > Add Study > Pattern/Tools > Select “5 ka Punch-Bullish or 5 ka Punch-Bearish"

    1st May 2023: Introducing FAST Stock Scanner in SMART Scanners

    This scanner list downs stocks within group having minimum +5.5% or -5.5% price change. Hence, this tool allow users to list down stocks which are currently volatile in nature because of their price action.

    28th April 2023: Introducing New OHLC Patterns in TradePoint Desktop

    We have added 4 new OHLC patterns in our system. They are -

  • Double Inside Bar
  • Coiling Inside Bar
  • Hikkake - Bearish/Bullish

  • 28th April 2023: Indicator Preference and Scanner Condition Available for EOD and Realtime Scanner 

    Now we will providing a radio button to select either from -

    Indicator preference: To scan result as per indicator/patterns preference

    Scanner condition: To scan result as per system builder condition

    21st April 2023: Introducing New P&F Patterns in TradePoint Desktop

    We have added 8 new P&F patterns to our system. They are -

  • AFT - Bullish / AFT - Bearish
  • Probable AFT - Bullish / Probable AFT - Bearish 
  • Immediate AFT - Bullish / Immediate AFT - Bearish 
  • AFT Anchor Breakout - Bullish / AFT Anchor Breakout - Bearish 
  • Diamond Follow Through - Bullish / Diamond Follow Through - Bearish 
  • Bow-Tie Follow Through - Bullish / Bow-Tie Follow Through - Bearish 
  • Poor DTB / Poor DBS
  • Strong Support - Multi Oops / Strong Resistance - Multi Oops

  • 21st April 2023: Introducing New Renko Pattern in TradePoint Desktop 

    ‘5 ka Punch - Bullish/Bearish’ is now available on TradePoint Desktop. Please find the below image for reference.

    Open Renko chart > Add Study > Select ‘5 ka Punch - Bullish/Bearish’ as your pattern

    21st April 2023: Column Hide and Font Change Option 

    Now users can hide columns and can also change the font of results after running any Scanners, Matrix, and Tables.  Now priorities your columns at your convenience. 

    21st April 2023: Filtration and Sorting of Order Book Columns

    We have provided multiple filters and sorting options for Orderbook. Now users can toggle their list at their convenience.

    18th March 2023: Now place orders directly from the Option Chain

    Select the ‘At the money’ strike price and place the order directly from the Option chain itself. Now users don’t have to open Straddle/Strangle charts separately. Use shortcut key ‘F1’ to open the Buy window and ‘F2’ to open the Sell window.

    21st April 2023: Option to Build System Builder While Using Scanners

    Now create systems/conditions while using scanners. Users also have the option to select pre-defined and earlier user-defined conditions.

    18th March 2023: Tick Data Available for All Charts and Scanner

    Press the shortcut key ‘K’ to view Tick data. This feature is available for all charts. To access this feature use this path: Open any chart > Click on View > Select ‘Tick Data’

    18th March 2023: Ultra Scanner: No longer just a Semi-Algo Scanner

    A few months back we introduced our Semi-Algo scanner known as Ultra Scanner.

    This scanner list down Buy and Sell orders as per set criteria, and with just one click users can place auto orders for their convenience. 

    18th March 2023: Click on scrip name to reset chart

    In just one click a dialog box will pop up to change Scrip and Market type. Check the below media for reference.

    24th Feb 2023: Introducing New Patterns along with System Builder condition

    "High Above for Prev Nth Candle" pattern for OHLC & Heikin chart
    "Low Below for Prev Nth Candle" pattern for OHLC & Heikin chart
    "Highest O in Last N Column" pattern for P&F chart
    "Lowest X in Last n Column" pattern for P&F chart
    "X-Count Highest in N column" pattern for P&F chart
    "X-Count Lowest in N column" pattern for P&F chart
    "X-Count Equal in N column" pattern for P&F chart
    "O-Count Highest in N column" pattern for P&F chart
    "O-Count Lowest in N column" pattern for P&F chart
    "O-Count Equal in N column" pattern for P&F chart

    24th Feb 2023: Now place One Cancels Other Order (OCO) on TradePoint Desktop

    This feature helps you manage your trades and minimize your risk. With OCO, you can place two orders simultaneously - a stop-loss order and a profit-taking order - and if one order is executed, the other order will be automatically cancelled. This feature is particularly useful for traders who want to take advantage of volatile markets and need to manage their risk more effectively.

    24th Feb 2023: Introducing Cover Orders on TradePoint Desktop

    We are excited to introduce our latest feature - Cover Orders. This tool is designed to help you limit your potential losses and protect your profits when trading in volatile markets. With Cover Order, you can set a stop-loss order along with a limit order to buy or sell a security. This means that if the price of the security reaches your stop-loss level, your order will be automatically executed at your limit price, helping you to minimize your losses.

    21st Jan 2023: Straddle Buy & Sell Menu

    A detailed walkthrough while executing Straddle menu. Now users can opt for two symbols in one go to Buy or Sell.

    28th Dec 2022: P&F and RS Scanner - New addition in Smart Scanner

    This scanner helps you scan the stocks that meet your criteria in the P&F price chart and the Relative strength chart.

    Path: Scanner > Smart Scanner > P&F and RS Scanner

    27th Aug 2022: Ultra Scanner - One of it's kind Semi-Algo Scanner

    We have added an interesting feature in the TradePoint desktop trading terminal. We are calling it Ultra trading scanner, it is our first step towards building Algo trading systems.

    Path: Scanner -> Real time scanner -> Ultra Scanner

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