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Metastock 11

Last post 08-27-2009, 13:52 by Data. 1 replies.
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  •  08-27-2009, 13:41 30542

    Devil [6] Metastock 11

    I don't have it yet, but what I'd really like to see is an improvement of the software's performance. Metastock is a tiny little program but it is often very slow and it can take up to 10-20 seconds to open the Expert Editor. Also, if you've spent the day watching different charts on different timeframes (like GBPUSD/Crude Oil/DAX tick , 1 min, five min, 1 hour, daily charts), it will NEVER close up correctly (weird error message about data server). But that's not annoying given that you don't lose anything. Another technical annoyance is that while almost everything will work fine when working on multiple screens, when trying to edit the color of something (indicator, signal, etc), the color panel will pop up on a different screen then the one I'm working one.



    But that's not that important. I'm looking forward to seeing the new version of my favorite charting software, and it looks like it has got some nice new features. Even tough it looks like it's free if you have a paid version of metastock 10.1 (As a MetaStock subscriber, you are eligible to upgrade to this latest version at no charge.), here are two key features that would make me gladly buy the new version :

    1. Fundamental Analysis : even though if looks like Equis made an important effort and gave us a new tool, it doesn't seem like we will be able to chart this data in metastock and apply our technical analysis tools. And more importantly, the metastock fundamental analysis tool seems to be only interested with corporations' data. If only you could give us include real fundamental data like the fed fund rate, the employment rate (unemployment is bogus), the GDP, the Gross private domestic investment... And that brings me to my second feature :

    2. Linked technical analysis : it might be already possible but I don't know how to do it. I even asked Jose Silva and he told me that it was really complicated. I'd like to be able to link 2 charts and to build a signal based on indicators existing in both charts. The main trick is to manage different time frames, or different kind of data, like classic daily price data and quarterly fundamental data. It would have been fantastic to have a system that goes long only if the fed fund rate (or the gross private domestic investment) is above its 10 period moving average and only goes short if the inverse is true. The rule for the index (or stock) chart could be pretty simple, like a basic moving average crossover.
    And it would be very useful if we weren't limited to such giant timeframes and could link the 1 min chart to the hourly chart, or even the tick chart to the 5 min chart. (Oh, by the way, is there any way to standardize the tick chart to a 10 second chart ?)
    And of course, these new features would be extremely useful if we can use them in the system tester. That would most definitely put you way ahead of the competition.

    With all that being said, I don't know if my message will ever get through to Equis but I hope I'll be able to use Metastock 11 in the next days. And before that, I think it's time to save all my indicators, systems, explorations, etc.

    And what about you guys ? What would you like to see in the next metastock ?
  •  08-27-2009, 13:52 30544 in reply to 30542

    Re: Metastock 11

    Data:
    And before that, I think it's time to save all my indicators, systems, explorations, etc.
    New feature : being able to export everything with as little clicks as possible.  Scrolling down to select every single indicator/system/etc every time just isn't necessary.



    Edit : Being able to export Templates and favourites.

    Another feature that would really make a difference would be a "save layout option" that would enable you to save the layout of each chart on your screen and that would not delete different time frames of the same chart (like GBP USD 1 month, 1 week, 1 day) when you close metastock.


    Edit 2 : It took me some time to find the new functions, expert, etc  :D  I'll test them more thoroughly tomorrow but your MS11 - Stochastic RSI is just too spiky ! And it should have the range of a classic stochastic oscillator -> 0-100, not 0-1.


    Edit 3 :  I just realized that I could create a new layout !
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