MetaStock 7.0 Enhancements
DataOnDemandTM technology - Online data retrieval
DataOnDemand means no more local data storage and the tedious data maintenance that went with it. Now all of that data is available when you want it. Simply type the symbol of any chart you want to see, and it automatically appears. It's as easy as pulling up a chart on the Web. And the beauty is that there's no data to maintain on your hard drive. Instead, it's cached just like a Web page in your browser. So if you decide to look at it again, it appears even faster the second time.
With MetaStock 7.0, you may never have to store local data on your hard drive again. It's fully Web-enabled to access online data from Reuters DataLink. And the interface is patterned after Microsoft Office 2000 to make it fast, easy, and intuitive to find exactly the security you're looking for.
DataOnDemand is supported by the Reuters DataLink data service, the best investment data service in the world. Financial professionals around the globe rely on Reuters data to manage billions of dollars each day. They know that Reuters is committed to providing clean, high-quality data for accurate decision making. Reuters DataLink gives individual investors access to an exceptional database of vital investing information. With Reuters DataLink supplying information to your MetaStock 7.0, you can be sure that you're making good decisions based on accurate data. And now, when you purchase MetaStock 7.0, you'll receive a free month of Reuters DataLink.
File|Open enhancements
The Open dialog has been changed to incorporate the following new functionality with an easily accessed toolbar with buttons as you would find in Office 2000:
History - maintains a list of the recently opened securities, layouts, and charts.
Local Data - accesses the last opened local data folder.
Favorites - allows a user to group securities according to their preferences.
Reuters DataLink-Lets you instantly access charts from this upper-echelon data service. This also displays the data service for other MetaStock compatible services.
Group securities into Favorites Lists
Creating your own custom lists of charts and securities has never been easier. MetaStock now offers an all-new file management structure that allows you to make new lists and add different charts to those lists at any time. If you're familiar with using Favorites or Bookmarks in your Web browser, then you know how to use MetaStock's Favorites. It's a great way to create any kind of list -- "Top Movers of the Week," or "Currencies," or even "Hot Tips From My Brother-in-law."
You can add charts to one of your Favorites lists from any list of charts in MetaStock or directly from the chart itself. Just a couple of mouse clicks and it's done. No matter where your data is stored - either on your hard drive or online - you can mix and match your Favorites any way you want. That's because your Favorites are just shortcut links. So you'll never harm anything by moving or deleting your Favorites. It's the perfect way to keep your charts organized exactly the way you want them.
Insert a Security into an open price plot of a different security
The best way to visually compare the price movement of different securities is to look at them in the same chart. MetaStock lets you add the price plot of any security in your database to the chart you're looking at. And it automatically aligns the dates so you can instantly identify how the two charts are moving during the same time period.
Symbol Lookup enhancements
Added new fields for trading times, display units, exchange, type, & group.
Added Tools | Update Symbol Database to automatically update the Symbol Database file via the Internet.
"Change all Charts in Layout"
Change the security in a layout (an organized number of charts laid out to the users preference) by pressing the previous/next button on the individual chart toolbar. This keeps the exact same multiple window setup on your screen, but with new securities in the windows.
Combine different intervaled securities in one chart.
Combine a daily plot and a weekly plot in the same chart? Now it is possible with MetaStock 7.0.
New Custom Toolbar allows you to create links to your layouts, templates, favorite web pages, or programs.
By adding your most frequently used templates and layouts to the toolbar, you'll have single-click access to the analysis techniques you use most often. That's not all, though. You can also add any other program or document on your computer that will help streamline your analysis, such as:
A spreadsheet program to create advanced indicators
Your weekly client newsletter
Trading log spreadsheets to document your every move
Your web browser
Anything else you use together with MetaStock
Customizable Fibonacci Retracement lines.
Customize the values displayed next to the Fibonacci lines to fit your trading needs.
Fibonacci Retracement percentage value displayed next to each line.
Now there is no more Fibonacci retracement confusion. That's because all percentage values are displayed next to each line. No more guessing or calculating.
Fundamental data at the click of a button.
With an simple right click of your mouse you can access a world of powerful fundamental data for the security whose chart you have displayed. This data comes from Multex and Market Guide, two of the best providers of fundamental data. Just look at what you can access:
Broker Recommendations-
See a snapshot of how Wall Street views the company. View exactly how brokers are voting on buy, sell, and hold. You'll even see earnings estimates.
Broker Research-
Access numerous free reports and a variety of paid reports from top names in the research industry: Merrill Lynch, Bear Stearns, Soloman Smith Barney, and many others.
Financial Highlights-
Get a concise look at the growth rates of a company's key indicators- sales, EPS, dividends, and revenue.
Financial Statements-
See even more detail into the company's Income Statement, Balance Sheet, and Cash Flow Statement.
Insider Trading-
View which executives inside a company are trading shares, how many shares they are trading, and how many they still hold.
Institutional ownership-
Discover the top institutional stakeholders-banks, mutual funds, etc. - and the size of their stake in the company.
Performance/ Short Interest-
See how the price of the stock has been performing from several different viewpoints and timeframes.
Ratio Comparison-
Get an in-depth look at how the company ranks against its industry, sector, and the S&P 500.
Save Exploration results to a list.
Sift thousands of charts down to a short list, and then save that list to perform any number of different searches and filters without starting from square one each time. For large, complicated searches, you can easily save hours of work by doing it just once and then building on those results. You can even explore a list over and over to learn different things about those securities.
Run explorations on the results from last exploration.
You can now specify any number of explorations to search, put them in the right order, and then let The Explorer do its thing. The results that you get from that exploration can then be used to run your next exploration. This new feature gives you filtering power like you've never had before!
Run multiple Explorations in one of three modes.
You can use the results from the last exploration- This acts as a sifter to gradually narrow down your list of candidates.
You can use a single security list for all your explorations
You can use a separate security list for each exploration
Data Management from inside reports.
You now have the ability to edit data, delete the security, and copy the security within The Explorer.
Specify separate color and style for each plot in multi-plot indicators.
Avoid any confusion with the ability to assign different colors for your indicators when performing multi-plot indicators.
Import powerful formulas.
MetaStock is the ideal environment for implementing the most powerful and sophisticated trading systems and indicators. You can now take an advanced system or indicator developed outside of MetaStock and link it with your work inside of MetaStock.
This DLL capability extends and magnifies MetaStock's own formula tools with unlimited potential. It's ideal for traders who want to create advanced trading tools with powerful programming languages, and then see the results of their work in MetaStock. In addition, trading experts will be able to implement their ideas for anyone to use and plug right into MetaStock.
The DownLoader? Enhancements
Globally adjust the start and end times.
Added file maintenance commands to Collection/Conversion/Test reports, via right-click menu (Copy Security, Delete Security, Edit Data).
Newer Excel formats to Tools|Convert |
