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May 25, 2013

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Insider TA™ Frequently Asked Questions

For any questions or comments on Insider TA™, email us at support@stockblocks.com.

Additional FAQ's can be also be found for the following subjects...



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How long has Stock Blocks Inc® been around?

To be exact, 6580 days and counting!  Stock Blocks® was incorporated in May 1995. The "Stock Blocks" name and 3-stacked-blocks graphical logo have been in the public eye since that time, and collectively are a registered trademark of Stock Blocks, Inc.

Our product Insider TA™ has been reviewed by a variety of software publications. You can access some of them by going here. All of the reviews mentioned reference previous Insider TA versions, but the concept is identical to our latest Version 6.1.

How is Insider TA different?

Insider TA emphasizes volume in its analysis methods. It's primary charting technique is based on Richard Arms' Equivolume Charting, which we refer to as "Box Charting".

Realizing of course that there are no guarantees, what kind of performance can Insider TA provide?

Performance could vary depending on one's portfolio of stocks and/or futures, actual com&fees/slippage, and other factors from the market place. For this reason we do not provide the "performance" per se, leaving the user to create and analyze one's portfolio within the framework of available funds. Insider TA will provide excellent means to help one achieve this goal.

Can Insider TA analyze Futures and Commodities data?

Yes, Insider TA can analyze futures for commodities/indices, as long as the data provider does appropriate back-adjusting to make the data consistent over a reasonable time (such as 100 days or more) and the data is in ASCII format (for Insider TA Professional, data could also be in Metastock format).

CSI is our chosen source for commodities data. Using CSI, you can do the back adjusting and export any desired list to ASCII format for subsequent analysis by Insider TA, which can place buy and sell tags according to Richard Arm's equivolume analysis techniques.

For information on Insider TA and CSI, see our support page.

I have installed Insider TA on my Windows 7 64-bit system and when first starting it, a dialog popped up saying some files could not be unpacked.

Under Windows 7 and Vista, you need to configure Insider TA to run as an Administrator. Click here for instructions.

Please describe the analysis methods (used by Insider TA)

Refer to our program overview

What are the system requirements for Insider TA?

Insider TA's requirements are:
  • Pentium/compatible 300+ MHz (slower processors can still run ITA, but 300 MHz is the minimum recommended).
  • Windows 7/Vista/XP/NT/2000
  • CD or DVD drive
  • 256 MB RAM, 20 MB disk space (add 65 MB for AVI tutorials)
  • 256+ color display
  • Internet connection for (1) automatic updates and (2) periodic license validations, a.k.a. "check-ins" (approx 4 times/year)

Can I review a demonstration version of Insider TA?

Yes. The Insider TA is available as a free download.

After downloading the demo, I see that the help pulldown's Tutorials option is disabled. Why?

That option is shown disabled because the AVI tutorial files are not included with the demo due to their large size. To download the same tutorials that we include with the Standard or Professional software, click here for the 60MB setup file. After they are installed per the directions, the demo software will make that menu option accessible.

Do you accept Paypal as a form of payment?

We do not accept Paypal as a form of payment. We accept Visa, Mastercard, and American Express for online orders. You also have the option to mail us a check or money order to the following address:
Stock Blocks, Inc.
Attn: Orders
PO Box 416
North Stonington, CT 06359

Does Insider TA Download data?

Insider TA is not a data downloader. Instead, it is for analyzing data that has already been saved to your computer via a 3rd party service.

Insider TA Professional is compatible with CSI, TeleChart 2005/2007 and TC2000 Version 3, 4.x/5.x, Metastock (with 2000 symbols/folder limit) and ASCII files. Any of these formats contain the high, low, and volume for each trading day (these are the minimum data requirements for Insider TA's box charting technique).
If you are interested in more than just domestic stock data, we highly recommend CSI. They are the premier data provider of stocks, world futures, options, indices, and more.
For U.S. stocks, you can also try TeleChart 2007 which provides data for NYSE, AMEX, and NASDAQ exchanges

For those who do not want a monthly fee-based data service, we highly recommend MLDownloader by Trading-Tools.com. MLDownloader downloads intraday, end of day and historical stock quotes, Options and Foreign Exchange data from yahoo.com, quote.com, and other public Internet sites. The program gives you the option of saving your data in MetaStock® or ASCII files.

There are other notable downloaders -- contact us if you need assistance. In short, there are a number of fine products at a nominal cost that gather data automatically from free online resources.

What data types are compatible with Insider TA?

It depends on what edition of Insider TA you are using:

Can Insider TA read directly from the new TC2000 v12?

No. You will still need to use TeleChart 2007 as you've been doing all along. Both TC2000 v12 and TeleChart 2007 can be on your computer at the same time. Worden will continue to support and maintain TeleChart 2007 indefinitely. Per Worden, it will not cost you anything extra to maintain local data downloaded by TeleChart 2007.

What kind of support is offered?

Insider TA comes with a printed 240 page Users Manual along with the conventional pop-up help facility that's integrated with the software (if you downloaded our demo, then you are already aware of this). An electronic equivalent of the Users Manual (in Acrobat PDF format) is also supplied. We also include a set of animated tutorials (these are not included with the demo download, due to their large size).

Our web site also contains a variety of information on how to use Insider TA. Occasionally we may also send out how-to's via a subscribed E-newsletter.

And of course, free unlimited email support directly with us here at Stock Blocks.

Does Insider TA require an Internet connection?

Yes, but only during certain events:
  1. Build Updates: The Insider TA software has an Internet Update Facility feature that facilitates easy updating to the latest software build for the current version.
  2. Periodic check-in: Due to piracy concerns, there is a license verification system designed to protect the intellectual property of Stock Blocks, as well as our registered users in the event their copy is inadvertantly copied or misplaced.
Other than the above times, general operation of Insider TA does not require an Internet connection.

Can I download the software electronically?

Upon purchase of Insider TA, we will send you the software by physical mail shipment only. There is no electronic download option for the first-time installation. However, subsequent build updates are always performed electronically using the "Internet Update" feature discussed in the previous paragraph.

Can Insider TA work with a real-time data feed?

No. The ability to use Insider TA for real-time data (such as ESignal) is something that has been discussed for a while, and hopefully will be included in a future major update. We do not have a projected date of release for a version containing this feature.

[I don't have the Pro Version]. Can I use Insider TA to view my TC2000 data files [with the Standard Version]?

Yes, by exporting your TC2000 data to ASCII format. TeleChart 2005/2007 works the same way. For instructions, refer to this page.

How can I load [TeleChart] Watch Lists into Insider TA

Insider TA recognizes your TeleChart 2005/2007 (and TC2000 Version 4.x/5.x) WatchLists automatically.  You will see them listed in the File Entry Panel.  Just click the WatchList you would like to view, then select from one of the symbols in that list.

What good reference materials are there regarding [Insider TA's analysis methods]

Insider TA's box charting principles are derived from Richard Arm's "Equivolume" charting techniques.  For more information on this topic, we recommend you read his book, titled Trading Without Fear.  Point & Figure charting is covered quite well in a book by Thomas J. Dorsey, titled Point and Figure Charting: The Essential Application for Forecasting and Tracking Market Prices.
Profits in Volume: Equivolume Charting
Trading Without Fear : Eliminating Emotional Decisions with Arms Trading Strategies
Point and Figure Charting: The Essential Application for Forecasting and Tracking Market Prices

What is the Volume Analyzer and VA Rank? How do you take advantage of these tools?"

Click here.

Regarding the BUY and SELL tags that Insider TA inserts in the graph when the "VA Rank" Function is turned on... I observed the overall percent yield over the number of transactions reported, and figure there's a broker's commission being worked into the yield calculations. Is this true?

By default, a 2% simulated broker fee is worked into each individual buy and sell tag. You can configure this to any value from 0 to 10%.

On certain stocks the BA FUNCTION window will show a very FLAT line on the bottom of the window with just a narrow TOWER shape usually near the middle of the line... Why is this lower graph like this and is there some setting I should use to make this more relevant. It doesn't seem to effect the placing of the BA BUY signals but it is disturbing to see these graphs come out this way."

An excellent question... here's why.


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