What’s New in Metastock XVI
MetaStock is a charting software tool for traders to analyze the markets. It uses technical analysis to help traders take the guesswork out of trading by offering a methodical, systematic approach to selecting which securities to trade and when.
At the core of MetaStock are the PowerTools. The PowerTools give professional-grade analysis tools to private traders. These tools have pre-built systems that you can use immediately to find pre-defined patterns in the stock market, or you can create a custom system designed to find a pattern that you have defined.
The Explorer: Scans the market to filter and sort securities that fit your criteria. The explorer easily scans the entire market or selected lists in minutes to short list stocks that meet your search criteria, for example find all stocks that have closed above a 30 period moving average.
The System Tester: Tests most strategies through a process called back testing which allows you to see how your strategy would have performed over time.
The Expert Advisor: Generates a buy or sell signal based on the criteria of the system you have selected. Expert advisors may also be adapted to suit your trading needs or created from scratch.
The MetaStock FORECASTER: Uses patent-pending technology to help you see a clearer picture of tomorrow and set more precise stops and profit targets.
Who Uses Metastock: Metastock DC and MetaStock RT (Pro) were specifically designed for self-directed traders of all levels. Whether you are just starting out or a seasoned trader or investor, Metastock can help. Metastock has a solution for Day-Traders, Position Traders, SMSF Investors, Mum and Dad investors and everything in between. Our clients trade just about everything under the sun. MetaStock is perfect for analysing stocks, options, commodities, ETF’s, FOREX, futures and more.