MetaStock v11 has arrived!

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We’re very excited about the arrival of the new MetaStock v11! As most investors know, MetaStock has always been the premier software designed specifically for traders who do analysis after markets close, as well as those who do Real-Time analysis. The new versions include:

  • MetaStock End-of-Day is the perfect EOD charting and analysis tool whether you’re an experienced, active trader or just beginning to trade the markets.
  • MetaStock Pro For professional traders requiring real-time analysis.
  • MetaStock Pro-fx Specifically for foreign exchange (FOREX) traders and powered with QuoteCenter data, MetaStock Pro FX provides real-time analysis of the currency market.
  • MetaStock Addons & Plugins Developed by the makers of MetaStock, plugins enhance the functionality of MetaStock.

A Ton of New Features

To see much more about what’s new, visit the MetaStock Store and there are videos, tutorials and datasheets as well.

  • 5 new name brand systems
    • Stochastic Pops Expert Advisor – combining a weekly Stochastics Oscillator for trend with a daily Stochastics for signals, this system avoids many of the whipsaw trades common to systems using just daily Stochastics.
    • Conners RSI Expert Advisor – based on formulas presented by Larry Conners and Ashton Dorkins, a 2-period RSI at extreme highs or lows is used for long and short entry signals.
    • Darvas Box – using extreme high and low conditions to form dynamic support and resistance levels, which are captured in the form of a “box,” this system is great for uptrend breakout trading.
    • Turtle Trader (Hybrid) – based on the well-known and widely published Turtle System, this system generates buy signals when the price moves above the highest high of the last 20 days. Short signals are generated when the price moves below the lowest low of the last 20 days. Positions are closed when prices reach the extremes of the previous 10 days.
    • SPYDER Carpe Diem – designed to forecast a single days movement of the S&P’s 500 Depository Receipts (SPYDER), this system is based on a four-bar pattern that has shown predictive ability.
  • 43 new adaptive indicators
    • Standard indicators use a fixed look-back period, which makes them less responsive to prevailing market conditions. MetaStock 11 incorporates 43 NEW Adaptive Indicators with dynamic look-back functionality based on volatility, cycle, or a combination of both. This method provides the most responsive and accurate results.
  • 6 new RMO alerts
    • The Rahul Mohindar Oscillator (RMO) released with MetaStock 10 has become one of the most popular features of MetaStock. MetaStock 11 offers 6 NEW alerts for the RMO, including: buy above high, sell below low, new blue bar, new red bar, entering bullish zone, and entering bearish zone.
  • 2 new stops – The best trading systems will fall short without a good exit strategy. MetaStock 11 provides 2 NEW stops to help your system know when it’s time to get out of the trade:
    • Intellistops – these self-adjusting trailing stops do away with the old static stop systems, which are set at a fixed percentage from price. Intellistops are adaptive and adjust dynamically based on the current price activity of the security. Intellistops adjust according to cycles, volatility, and other conditions.
    • Chandelier Stops – As the name indicates, Chandelier stops “hang” the sell stop from the extreme high reached over a predetermined period. When used properly, in tandem with other trading systems, Chandelier stops have been shown to produce profits even with randomly selected entries on a diversified group of futures.
  • 17 new indicators – MetaStock has always incorporated a very robust list of built-in indicators in excess of 150 and counting. The reason why we have so many is to cater to any type of trader. The 17 NEW indicators include the following:
    • Coppock Curve
    • Darvas Box High
    • Darvas Box Lowv
    • Denvelopes
    • Donchian Channels
    • Elder Ray
    • Fisher Transformation
    • Gann Swing Bands
    • Inverse Fisher Transformation of RSI
    • Natenberg’s Volatility
    • Polarized Fractal Efficiency
    • Pring KST (short, intermediate, and long-term)
    • Stochastic RSI
    • Force Index
    • Turtle Trader Bands.
  • 4 new FOREX currency pair systems – MetaStock employed the “3-V” approach (Velocity, Verticality, and Volatility) and the notion that balance between different types of indicators offer superior performance to develop the FOREX Currency Pair Systems. The four new systems are specific for the following pairs:
    • EUR/USD
    • GBP/USD
    • USD/CHF
    • USD/JPY
  • new features designed for FX trading

Basic Charting with MetaStock

Setting the Standard with Charting

MetaStock creates charts that quickly and easily map a clear profit strategy! You can create charts so revealing, they’ll give you an unfair advantage in the marketplace.

“I like MetaStock’s drawing interfaces enormously. I like being able to easily put several charts together and draw a vertical line through all of them. That sounds simple, but surprisingly few packages allow you to do that.”
~ Dennis D. Peterson
 Technical Analysis of Stocks & Commodities Magazine

MetaStock gives you nine of the most commonly-used price charting styles to choose from:


Bars

Line

Candlesticks

Point & Figure

Kagi

Renko

Three-Line Break

Equivolume

Candlevolume

Templates, Layouts, and Toolbars

  • Templates
    A Template lets you apply the same set of indicators and studies to different securities. Once a chart is saved as a template it retains all the settings of your chart excluding the base security. This allows you to quickly rotate through securities while keeping the same indicators and line studies on the screen and will save you hours of work.
  • Layouts
    Layouts are a convenient way to manage groups of charts. You can combine your favorite stocks into one easily managed group. Or combine your favorite security with the Dow and several of your favorite indicators. You can save all your on-screen charts together like pages in a book.
  • Built-in toolbars
    These let you easily refresh data, change periodicity, rescale the Y Axis, zoom in and out, choose “previous” or “next security” in the open folder, and choose a security to open.
  • Object-Oriented Interface
    MetaStock is the only technical analysis program with a complete Object Oriented Interface. That means you can click on the object you’re working with to get an instant menu for that item.

Technical Analysis Tools

The ExplorerTM

Scan the Markets to Find Winning Securities

Finding profitable trading opportunities starts with scanning the markets for securities that meet your criteria. With how vast the markets are, this is an overwhelming and next to impossible task on your own. However, MetaStock’s built-in search tool, The Explorer, makes it quick and simple.

Tell The Explorer what you’re looking for—say you want stocks that have just crossed above their 200 day moving average. The Explorer searches thousands of securities to instantly find those that match this description. You could then run The Explorer again to drill down further in this list and find securities that match whatever specific criteria you’re looking for.

You can also use The Explorer to generate a list of potential money-makers, find the biggest gainers, the most active stocks, or generate daily buy and sell signals.

The Explorer does the tedious, time-consuming work for you so that you can make informed decisions quickly and with little effort.

The Expert AdvisorTM

Consult the Experts

The Expert Advisor is an educational tool that helps you interpret technical analysis signals. This compilation of trading styles and rules from experts such as Martin Pring, Gilbert Raff, and Bill Williams offers commentaries and suggestions as to when to buy or sell a security. This tool gives you 60 “experts” to apply to your trading.

The Expert Advisor brings you advice from a team of experts so that you can find out what they would do in your specific trading situation.

The Enhanced System TesterTM

Put your Trading Ideas to the Test

With The Enhanced System Tester, you can create, back-test, compare, and perfect your strategies before you risk any of your money in the markets. System testing helps answer the question, “If I had traded this security using these trading rules, how much money would I have made or lost?” The surest way to increase your confidence in a trading system is to test it historically. The Enhanced System Tester lets you take a group of stocks and compare them to a group of trading systems to find the best scenario.

Designed to simulate real trading scenarios, the Enhanced System Tester allows you to change the variables such as entry, exit, order sizes, commissions, and more. This tool gives you incredible customization, comprehensive results, and detailed reports so that you can find the most historically successful trading scenario.

The Enhanced System Tester will give you the power to take vast amounts of past data and use it to analyze and predict what trading systems will be the most profitable.


Internet Capability

MetaStock lets you pull up an online, direct-access broker page where MetaStock automatically fills in your stock information for quick and easy trading. With its seamless Internet integration, MetaStock allows you to:

  • Collect data from an online data vendor using DataOnDemand
  • Research fundamental information from Thomson Reuters including P/E ratios, Insider Trading, and Financial Statements for the active chart
  • Read current company news for the active chart
  • Request a real-time quote for the active chart
  • Display option chains for the active chart
  • Save the active chart as an HTML document
  • Email a bitmap graphic of a chart directly from MetaStock
  • Get help from Equis technical support

MetaStock’s Indicators

Analyze the market with the insight of the most respected traders in history with MetaStock’s comprehensive collection of indicators and line studies—over 150 are included.

MetaStock’s built-in indicator interpretations even help you understand how to trade each indicator. For advanced users, The Indicator Builder lets you write your own indicators. Here is a list of the indicators.

The Performance Systems

Trade at a higher level of confidence and expertise than you ever thought possible with the 26 trading systems included in MetaStock. Chosen after countless hours of intensive testing and rigorous research, these systems have a highly successful track record of profitable results.

We added state-of-the-art exploration tools to 10 of these systems. These explorations perform system testing – on not just one security – but over an entire database of securities. Plus, you’ll get buy/hold vs. buy/sell comparisons, and buy/sell alerts to further assure your trade has the highest probability of success.

“Systematic trading has dramatically improved my returns and drawdowns. I’m easily beating the indexes and not taking an inordinate amount of risk. Prior to MetaStock I tried one trading concept after another, and was essentially break-even – not without many gut wrenching moments though. Trading is now objective and simple for me. I just follow the signals, and through extensive back-testing, I have confidence that my system will be highly profitable in the future.”
Kevin Campbell

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