What's New in ScottradeElite?

Designed for the active trader, ScottradeELITE offers an advanced platform with cutting-edge trading tools, extensive analytics, independent research and sophisticated charting features. Find the market insights you need to help you make informed decisions.

Release 16 introduces several new features and enhancements, outlined below. Check back with us soon as we continue working to elevate your trading experience.




ScottradeELITE screen

7 New Ways to Use ScottradeELITE:

1. Learn how the new Account Performance1 window
    can help you manage your account(s) and make
    decisions about your current trading strategy.

           Access the new Account Performance window from the Account
           menu to analyze performance for trades during a specific preset time
           period or a customizable time period. For example, you may look at
           just Today and see Gain/Loss only from positions opened and closed

           Evaluate the gain/loss of your trading activity using FIFO (first in-first out),
           along with win rate and average dollar win/loss per trade, making it easy
           to discern the effectiveness of a particular trading strategy. 

           If you have multiple accounts, you can choose each account from the
           Account drop-down. 

           The upper section of the Account Performance window displays the total
           realized, unrealized and net gain/loss, percentage of wins versus losses
           and average dollar size of wins and losses. Using these various
           measures together provides you with a snapshot of how the account is
           performing, and also alerts you to potential pitfalls in your strategy. 

           The lower section shows three tabs: Realized G/L, Unrealized G/L and
           Net G/L. The corresponding columns show Gain/Loss and Wins % for
           each individual security.

           Option support is coming soon.





Layouts get a new look and location

2. Redesigned Market Depth window     offers enhanced readability for a more efficient

            The Market Depth window has been redesigned from the ground up,
            and supports themes. The redesigned window provides a unique view
            of the market using a unified display of market depth and trade activity at
            each corresponding price level.

            The top section is referred to as the price ladder. The Price column
            contains both prices at which there was volume since the window was
            open, as well as the prices at which there are current bids and asks.
            The Bid/Ask columns show the aggregated market depth size at those
            prices. The price ladder contains a gradient that helps make it easier to
            quickly view bid and ask prices.

            The Volume on Price column displays at the left of the price ladder and
            can be turned on or off in the Configuration window. This column will
            show only data from when the window was open or when the symbol
            was added to the window.

            The lower section shows current market participants by price. The
            participants by price pane can be resized with the pane separator,
            as well as turned on or off in the Configuration window.





Search Recognia AlertWire

3. Simplified main menu navigation and additional     theming support for a more modern look and feel.

  • Settings now replaces Main Menu at the top left, providing you an
       easier way to access application level configurations.
  • The Layouts drop-down menu is now in the top-level navigation
       next to Settings.
  • To maintain consistency with the rest of ScottradeELITE, the Trade
       button is moved from the bottom status bar to the top and right of
       the menu navigation.
  • To better support theming, the title bar, menu navigation,
       background, and status bar are now updated when changing
       between Dark, Light and Monochrome themes. You may change
       the theme by opening Global Settings from the Settings menu.





Updated Bollinger Band Width Indicator

4. Layout bar can now be turned on or off.

           From Global Settings, you can choose to show or hide the Layout bar,
           giving you extra workspace if needed.





Set up the new Pivot Spread Indicator

5. The Positions window has updated defaults to be     consistent with the main website.

  • Today’s G/L now displays by default in the Positions window. It
        provides the daily gain/loss for your individual positions.
  • Today’s Portfolio G/L replaces Portfolio P/L at the bottom of Positions.
  • The Edit Average Price function is now located in the Positions menu.





intraday reversals with the Divergence on Volume Indicator

6. The new “About ScottradeELITE” window provides
    the most recent software version and access to
    the What’s New in ScottradeELITE page.

               Located in the Help menu, the “About ScottradeELITE” window

  • The latest version of the software application
  • A link to the What’s New in ScottradeELITE page, which introduces
       the newest features and enhancements to the platform






McClellan Oscillator Indicator

7. Updated Option Chains can help simplify your
    options analysis.

  • The default columns have been updated with fewer columns,
        allowing the data points to be seen without the need to resize any
        data columns.
  • The mirror view now has the call side columns set to mirror the put
        side columns.





Load the last layout used

Recent Updates

1The Account Performance window attempts to match equity entry and exit trades to determine the gain or loss. The numbers are based on a First In-First Out calculation within the selected time range that includes the commission amount paid. The calculation does not work for Option Trades, and will not work correctly for equities affected by Corporate Actions, Dividends, or shares transferred into the account or received via ACAT methods. The calculation of gain or loss does not factor in Wash Sales or any other tax strategy.    

The analytical tools and strategies described in this article are for information purposes only and their use does not guarantee a profit. None of the information provided should be considered a recommendation or endorsement of any specific investment, tool or strategy. The choice to engage in a specific investment, tool or strategy should be based solely on your research and evaluation of risks involved, your financial circumstances and investment objectives. Securities are subject to market fluctuation and may lose value.

Market volatility, volume and system availability may impact account access and trade execution.

Any specific securities, or types of securities, used as examples are for demonstration purposes only. None of the information provided should be considered a recommendation or solicitation to invest in, or liquidate, a particular security or type of security.

Indexes are unmanaged and one cannot directly invest in an index.

Options involve risk and are not suitable for all investors. Detailed information on our policies and the risks associated with options can be found in the Scottrade Options Application and Agreement, Brokerage Account Agreement, and by downloading the Characteristics and Risks of Standardized Options and Supplements (PDF) from The Options Clearing Corporation, or by requesting a copy from your local branch office. Market volatility, volume and system availability may impact account access and trade execution. Supporting documentation for any claims will be supplied upon request. Keep in mind profit will be reduced or loss worsened, as applicable, by the deduction of commissions, fees and taxes.

Brokerage products and services provided by Scottrade, Inc. – Member FINRA/SIPC.

Copyright 2016. All Rights reserved.