Metastock 19 – What’s New?
MetaStock 19 –
Form and function come together to give you the Ultimate Market Analysis Tool.
Overview
MetaStock 19 is our biggest most robust upgrade ever. From the improved next-level charting workflows and Layouts to the five new trading systems, everything about MetaStock 19 is better, brighter, and faster than ever before.
MetaStock 19 is a feature-rich upgrade that gives traders more flexibility and control in analyzing their charts than ever before. Traders can now seamlessly use multiple monitors, a new optional tabbed interface, and sensible workflows to quickly access your charts and layouts.
From the improved next-level charting workflows and Layouts to the five new trading systems, everything about MetaStock 19 is better, brighter, and faster than ever before.
MetaStock 19 features at a glance
● New Improved Charting Workflows
● New Improved Flexible Layouts
● New Windows Theme Support
● New Charting Styles – Range Bars and Range Candlesticks
● New Drawing tools for measuring price changes, Gartley, Head and Shoulders Patterns, and Elliott waves.
● New Trading Systems including a Gap identification system, Ichimoku Master, and Michael Mermers ETS 2.1
● Massive Improvements to the popular RMO system by Rahul Mohindar.
● New indicators- Volume by Price and JBXC
● Global crosshair cursors that will display across all open charts.
● New search options give you better access to your indicators and templates.
● Watermark of the symbols you are looking at to make charts easier to see.
New Improved Charting Workflows
At the core of a great trading platform are simple yet powerful charts. MetaStock 19 has retooled its legendary platform and now includes the ability to tab charts – like a web browser. Now, you can pin and float charts inside and outside your current monitor and organize them almost any way you like. You can even combine charts in different tab groups. You have to see it to believe it.
New Improved Flexible Layouts
What’s the big deal with layouts, you ask? MetaStock 19 provides an entirely new way to organize and view your pick lists, watch lists, sectors, industries, and more—as many as you like. Create and save multi-chart, multi-frame views, and almost any combo you can think of. And with improved multi-monitor support, you can keep them where you want for easy access and viewing.
New Windows Theme Support
MetaStock 19 will default to your Windows Dark or Light theme setting. Or you can change it to suit your preferences.
New Charting Styles
We have added 2 new chart types to the existing 10. Now, in addition to Bars, Candlesticks, Candlevolume, equivolume, Heikin-Ashi, Line, Point and Figure, Renko Kagi, and 3-line break, you can chart with Range Bars. Range Bar and Range Candles charts – These are different from time-based charts because each new bar in a range bar is based on price movement rather than units of time, like minutes, hours, days, or weeks. At a glance, you can see market volatility by the amount of bars in the range.
New Trading Systems
In MetaStock 19 we’ve provided 4 new or formerly separate add-on systems.
1. Gap Identification System – Use the Explorer and Expert Advisor to find and highlight gaps in the market
2. Jake Bernstein Expansion/Contraction – Easily identify expansion and contraction in price
3. Ichimoku Master -the Ichimoku Master was a very popular add-on for MetaStock. Now you can identify signals and trades according to the rules of the Ichimoku Trading Method
4. ETS 2.1 – ETS 2.1 is now included in MetaStock at no extra charge. ETS 2.1 a complete trading system with buy and sell entries, protective stops, trailing stops, and profit targets.
Updated RMO System
The legendary Rahul Mohindar Oscillator system is now even better. Watch the video on the NEW RMO.
● 6 New RMO Templates
○ RMO Binary Bear Pulse
○ RMO Binary Bull Pulse
○ RMO Binary Bull & Bear Pulse
○ RMO Pro Mode
○ RMO Model Shaded
● Improved nomenclature and interface, including tooltips
MARTIN PRING’S SPECIAL K SYSTEM
Take advantage of Martin Pring’s time-tested method for identifying emerging sectors in the market cycle. Martin Pring’s Special K combines short, intermediate and long-term time frames into one series. This “Special K” series often peaks and troughs with actual bull and bear market turning points. It can be used in many ways. The two most important are:
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Identify primary trend reversals at a relatively early stage
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Using short-term changes in direction of this unique indicator to spot 1 to 6-week buying and shorting opportunities
This add-on includes all the following:
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7 indicators
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4 Explorations
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2 Expert Advisors
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2 Templates
OFFLINE MODE:
MetaStock 19DC has the ability to run offline with no connection to the internet. This allows you to save your charts offline and study your charts offline like older versions of Metastock did. Offline Mode in Metastock 19DC allows you to download your data in advance, then analyse it offline… anywhere! If you have your computer, you have the ability to review your charts, run an exploration, analyse data, view the FORECASTER, and more. Metastock 19 allows you to make critical decisions, not just convenient ones. Now you connect to the internet, download the latest updates and then take your analysis on the go. This is a very important change and a welcome addition for many Australian Metastock users.
LOCAL DATA:
Metastock 19DC is flexible enough to keep up with just about any type of data.
Metastock users no longer need to have a subscription to Thomson Reuters Datalink and can enjoy the benefits of the new tools in Metastock 19DC while continuing to use your own preferred local data supplier.
We provide the very best quality local data covering the ASX and USA Equities markets + World Futures and Forex data, more information is available here
Metastock 19 reads the standard local data format called legacy MetaStock File Format, the same format used in Metastock versions 11 and lower, and a new MetaStock format called MSLocal and CSV.
Metastock 19DC now supports all these data formats:
MetaStock File format (legacy)
MSLocal (new and improved)
CSV
NEW Improved Explorer
The Explorer has been re-imagined with a more friendly interface to help you identify the information you need more quickly.
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Instantly know the number of results and rejects while being able to see the name of your scan, runtime, and if they are using a filter, interval, and periods displayed on one screen.
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Click “View Details” to quickly view your exploration overview and details.
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View all exploration reports in one window rather than going through each one individually.
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Double-click on any row in the exploration report and it will open your chart.
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Leave the exploration report open and work with your charts at the same time.
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View all past exploration results in one easy to access screen.
New Favorites
Add ANY exploration or system test to your favorites. The favorites list is displayed at the top of the Exploration Window or Systems Test Window, making it easy for you to quickly access your preferred workflows. As an added bonus you can now view all results from only your favorite Explorations or all explorations.
NEW Improved DOWNLOADER
Built from the ground up, the NEW Downloader is designed to help you quickly and easily download, store, convert and manipulate your EOD market data.
Downloader can take your legacy MetaStock File format or any data in CSV format and convert it to the new MetaStock file format (MSLocal). The intuitive Downloader Console helps you navigate and manage the local data on your pc. Adjusting, creating, storing, converting, and moving data has never been easier. Downloader even supports the hourly market snapshot feature in MetaStock VIII and higher for ASX data and other select markets.
Improved FORECASTER
The FORECASTER has quickly become a favourite tool in the MetaStock User’s arsenal, but we knew it could be better. With MetaStock XVI you can now use the FORECASTER analyse any included recognizer or any pattern you draw in any time frame. This means you have the ability to look at the time frame in which you trade – a definite bonus in your analysis.
New TEMPLATES
MetaStock templates allow you to open the a chart just the way you want with your systems already in place. The following are the latest in the ever growing list of MetaStock Templates:
SectorStat now includes the following:
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Bollinger Bands
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Oscillating Indicators
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Popularized MACD
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Price Percentage Oscillator (PPO)
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MACD Histogram
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Pivots Daily (R/T Only)
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Pivots Weekly