Request for Training and Clarification on R Zone Scanner Modes
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Having recently joined Define Edge, I have been exploring the R Zone platform and have found it to be a powerful tool. However, I have encountered some challenges in fully understanding the practical applications of the Top Down Mode and Multidenominator Mode within the RS Scanner segment. I have watched the video titled "A method of picking winning stocks | Prashant Shah | Mangesh Joglekar Definedge" on YouTube, which has shed some light on the logic behind the Top Down Mode, where sectors are chosen and divided by denominators. However, I still have some questions and would greatly appreciate your guidance in clarifying the differences between these two modes and their specific practical applications.
From what I have gathered, both modes seem to screen out similar sectors with slight variations in values. In the Top Down Mode, sectors chosen are divided by Denominator 1 and then Denominator 1 is divided by Denominator 2. In the Multidenominator Mode, sectors chosen by the user are divided separately by Denominator 1 and Denominator 2. Could you please provide more insights into the exact differences between these two modes in terms of their practical utility and how they can be effectively utilized for stock analysis and selection?
Furthermore, as a user of R Zone, I have found that while your screeners are excellent, there is a need for more comprehensive training materials and resources. I have been unable to find videos or documentation that explain the practical applications of the screeners in detail. It would be immensely helpful if you could provide guidance on how to use the screeners effectively, possibly through video tutorials, user guides, or webinars.
I believe that with proper training and a deeper understanding of the R Zone platform and its screeners, I can harness its full potential and make informed investment decisions. I am eager to learn and maximize the benefits of Define Edge's tools, and I believe that enhanced educational resources will not only benefit me but also other users who may share similar challenges.
Thank you for your attention to this matter. I look forward to your response and any assistance you can provide in improving my experience with R Zone
Prof Shantanu Kale
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@Shantanu-Kale #definedge has started a series explaining each feature on youtube. Features are explained by @Kaushik-Akiwatkar and its an excellent series. You may want to subscribe to their youtube channgel and keep watching this video. It might help!
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We have started a series on Youtube explaining various features of TradePoint and RZone.
A new video is added every week and you can watch the playlist herehttps://youtube.com/playlist?list=PLlPE6keXfCzrnaw6WuRuWn3-mPRCMFMlK&si=QVTR-tXJf3gFom1-
