What is Metastock? | Metastock Australia

MetaStock 18 –

Form and function come together to give you the Ultimate Market Analysis Tool.

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.

Next Level Charting

One of the core values of MetaStock is the ability to represent data in a fast, friendly, effective manner – on a chart. We are always working on our charts. With Next-Level Charting in MetaStock 18, you can view the data you want to see just how you want to see it. Customizable, sensible, easy-to-read, logical charts.

Power Console Updates

At the heart of MetaStock is the Power Console. Now you can get what you need faster with the enhanced searching capabilities which allow you to locate the instrument’s folder by searching for either the name or the symbol. In addition, a dedicated favorites tab for your top explorations and tests, enhanced scan and test name search, and the ability to minimize the data display range round out the MetaStock 18 Power Console’s new functionality.

Optionscope Enhancements

Option Traders Love the convenience and power of OptionScope. The Enhanced OptionScope in MetaStock 18 was designed to give you an improved view of what is important when trading options – Risk and Sentiment. With the Options Sentiment viewer, you can view where the market interest is in the options you are interested in. You can view both open interest and volume. You can even zoom in on the top traded options, no problem.

QuoteCenter Enhancements

Introduced in MetaStock 17, QuoteCenter has become the standard for list management. MetaStock 18 offers a new Gainers/Losers bar so you can see at a glance how your account or list is performing. In addition, you can change the charts settings from your Power Console, making it even more convenient to set things the way you like them. It will now also share the theme settings with OptionScope

Indicator Updates

Our users wanted more from their indicators and how they can customize them. MetaStock 18 is just what they ordered. The customizability is nearly endless. From a set of new plot styles including Stepped Line, Filled Line, Stepped Filled Line, Dot, and Histogram to a range of customizations including colors, shading, filling between envelope lines (like Bollinger Bands). To top that off we made sure all the indicator values now plot in the title bar as well.

And Much more

We can’t cover all the new features here. Make sure to watch the “What’s New in MetaStock 18 Video” for a comprehensive look at all the features and how they can help you and your trading.

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 and MetaStock 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.