Quick IntroductionRelease Notes
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Professional Version 6.2 Release Notes

Welcome to TeleTrader Professional, the Professional Trader's Workstation! Here you will find a quick overview about the new features and a Quick Introduction into the most important features Professional offers

You can open this page any time by selecting Quick Intorduction within the Help menu. To open the last workspace you have used please go to the File menu and select it from the list of the recently used workspaces.

Overview

Version 6.2 brings you some new features as well as improvements of existing functionalities. The major changes are:

  • New Multi Hour Intraday Charts
  • 'Save as default' functionality for Drawing Tools
  • Fibonacci Retracement Extension
  • New indicators: Stochastic RSI, Cyber Cycle, Impulse System
  • E-Mail Settings Redesign
  • Improved Tred Channel Functionality
  • Hungarian Version of TeleTrader Professional

Charts

New Multi Hour Intraday Charts

Multi hour Charts are built by accumulating the bars of a 60 minutes intraday charts. An hourly offset can be defined which can be used to define the start of the first multi hour bar. 2/3/4/6/8 und 12 hour Charts are aivailable.

It is not possible to open multi hour charts from the Local Database (local stored data on your PC)

Charts von Daten aus Ihrer lokalen Kursdatenbank können nicht in diesem Modul angezeigt werden.

Chart -> Compression -> Intraday or Intraday Button on the Chart Toolbar

Fibonacci Retracement Extension

The Percentage levels for Fibonacci Retracements can now be shown. All properties for Fibonacci Tools can be 'saved as default' at any time.

Two additional Fibonacci levels, 0,146 and 0,764 have been added, they are deactivated on default.

Select Time Series -> Right click -> Properties -> Fibonacci Retracements

'Save as default' functionality for Drawing Tools

Setting from Chart Properties for Drawing Tools/Text can now be 'Saved as Default' at any time.

Select Drawing Tool -> Right click -> Properties

Since this functionality has been implemented, the Drawing Toold properties in Tools -> Options has been removed.

Extend line to the right is set as default value for Trendlines and Channels.

Redesigned Interface for Chart Color Settings

All color and line style settings for charts are now combined in a single window.

  • Type of security coloring
  • Last bar color
  • Rollover Bar (for Continuous Contracts)
  • Line Style Pen and Width

Right Click Chart -> Properties -> name of security -> Line Style

There are now three interface arrangements for the different types of charts:

 

 

Color type

Chart type

Single Color

 

  • Performance Charts
  • Heikin Ashi

 

Interval/Price Coloring

 

  • Financial Charts

 

Trend Coloring

 

  • Renko
  • Three Line Break Out
  • Point and Figure
  • Kagi

 

 




Color settings for 'Last Bar' have also been moved to this dialog.

In case of Financial Intraday Charts, the option 'Use Interval Coloring' reads 'Trading Session Coloring'.

Rollover Bar Color Setting for Continuous Contracts

The setting for rollover bar color for Continuous Contracts is now available in Chart Properties.

Right Click Chart -> Properties ->  Line Style

Price Related Coloring for Tick Bar Charts

Tickbar Charts can now be displayed with price related coloring. If the 'Internal Color' is selected only the first color is used.

Right Click Chart -> Properties -> name of security -> Line Style

 

Drawing Tools

Improved Trend Channel Functionality

The Parallel Point tool is now freely moveable in all directions. When it leaves the main line interval at either side, the parallel line is lengthened to reach it. Further the Magnet Function can be used to define the parallel point.

Insert -> Linie -> Trend Channel or Trend Channel Button on the Drawing Toolbar

Price Page

Symbol Search from Price Pages

To search for a symbol, type the name of your desired security into the Price Page. If only one result is found then this symbol is used otherwise the 'Symbol Search' window appears with all available search results, using your default symbol search settings.

Login

MDS Login dialog with new links

The MDS Login Dialog now contains links to register for a free demo and for password enquiry.

Trader Bars

Impulse System (by Alexander Elder)

This indicator is another approach for momentum trading. The basis for this indicator is an EMA (13) and a MACD histogram (12,26).The impulse indicator colors the price bars green if the impulse is long (i.e. both EMA and MACD are moving up), red if the impulse is short (both EMA and MACD are moving down), and blue if there is no impulse (which means you could go long or short.).

Insert -> Analysis Tools -> Trader Bars -> Impulse System -> Insert

Indicators

Stochastic RSI (by Tushar Chande and Stanley Kroll)

The Stochastic RSI Indicator has been introduced by Tushar Chande and Stanley Kroll in their book “The New Technical Trader” (1994). It is a combination of an RSI with a Stochastic and therefore a Momentum Indicator. The Stochastic RSI is used as a more reliable, sensitive RSI that indicates changes in momentum very fast. The Stochastic RSI can be used as Countertrend Indicator, Overbought/Sold Indicator or with Price/Indicator Divergence Patterns.

Insert ->  Analyses Tools ->  Indicators ->  Stochastic RSI à Insert

Cyber Cycle (by John F. Ehlers)

Physician and Author John F. Ehlers has gained recognition through his scientific studies on cycles in markets. Ehlers uses different methods of mathematical transformation to build his indicators. The reason for this compilation is the attempt to reduce delays with standard indicator signals. A comprehensive description of Ehlers work can be found on his webpage www.mesasoftware.com

Insert ->  Analyses Tools ->  Indicators ->  Stochastic RSI ->  Insert

Accumulation Swing Index

The calculation of the Accumulation Swing Index Indicator has been adjusted.

Miscellaneous

New checkbox to open last workspace

A new checkbox to automatically reopen the last open workspace has been added.

Tools -> Options -> General


 
In case a corrupted workspace is automatically loaded and this results in a fatal problem during startup, the following registry key can be used to disable the automatic workspace loading:

Open regedit.exe (using the “Run…” entry in the Windows Start menu)
Navigate to HKEY_CURRENT_USER\Software\TeleTrader\Professional\Welcome
Set the “Action” key to a value of 2

New E-Mail setting dialog
The E-Mail setting dialog has been redesigned and simplified.

Tools -> Options -> E-mail settings

 

F2 Functionality
F2 can be used within Price Pages, to see the unique name of a security.

F5 Functionality
F5 downloads data which is missing on the selected chart. This might occur after interrupting the download procedure.