MetaStock Pro FX v.11 Features

MetaStock Pro FX 11 is here!

MetaStock for the FOREX Market!

MetaStock Pro FX is specifically designed for traders who focus on the foreign exchange (also known as FOREX or FX) market—where the world’s currencies are traded. FOREX is quickly becoming one of the hottest instruments to trade. Some of the benefits of the FOREX market include:

24 Hour Trading

The FX market is open 24 hours a day! From Sunday evening to Friday afternoon, the Forex market never sleeps. A 24 hour market offers the ultimate convenience—whether you trade full or part-time.

Commission Free Trading

FX brokers do not typically charge a commission or transaction fee to trade currencies online or over the phone. This is desirable to both high and low volume traders because you’ll keep more of your profits instead of handing them over to a broker.

Liquid Market

The Forex Market is extremely large, and thus it’s also extremely liquid. You are never “stuck” in a trade because you can instantaneously buy & sell with just the click of a mouse.

Leverage

In Forex trading, a small margin deposit can control a much larger total contract value. Leverage gives you the ability to make extraordinary profits without needing an equally large account balance.

Whether you're an experienced, active trader or just learning how to trade the FOREX market, MetaStock Pro FX helps you succeed. The software contains powerful analysis tools to help you make informed decisions about which currencies to buy & sell and when to execute to make the most money possible.

MetaStock Pro FX is powered by our QuoteCenter real-time data platform—giving you access to accurate and timely FOREX quotes from over 800 contributing banks. No other FX data providers offer the breadth and accuracy that QuoteCenter does.

MetaStock Pro FX can be purchased for a one time charge, subscribed to alone, or subscribed to in combination with QuoteCenter FX data.

Designed Specifically for FOREX Trading:

• Symbol database of the FOREX currency pairs
• 17 FOREX tailored layouts of the most popular pairs
• Place your trade from MetaStock using either Interbank or COESfx
• Systems, charts and layouts specifically designed for the FOREX trader

The FX Pattern System

Composed of a Template and an Expert, this is a very popular system with many FOREX traders. It combines Bollinger Bands, Standard Error Bands and a Stochastic Oscillator in a way that reveals FX specific buy and sell signals. Many FOREX traders use this methodology as part of their analysis strategy.

The FX Keltner Systems

Keltner Channels are recognized as a proven tool for analyzing the FOREX markets by many FOREX traders. These new systems give you two different ways to use Keltner Channels in your analysis.

Basic Charting with MetaStock

Setting the Standard with Charting

MetaStock creates charts that quickly and easily map a clear profit strategy! You can create charts so revealing, they'll give you an unfair advantage in the marketplace.

MetaStock gives you nine of the most commonly-used price charting styles to choose from:

Bars	Line	Candlesticks
Point & Figure	Kagi	Renko
Three-Line Break	Equivolume	Candlevolume

Templates, Layouts, and Toolbars

• Templates
  A Template lets you apply the same set of indicators and studies to different securities. Once a chart is saved as a template it retains all the settings of your chart excluding the base security. This allows you to quickly rotate through securities while keeping the same indicators and line studies on the screen and will save you hours of work.
• Layouts
  Layouts are a convenient way to manage groups of charts. You can combine your favorite stocks into one easily managed group. Or combine your favorite security with the Dow and several of your favorite indicators. You can save all your on-screen charts together like pages in a book.
• Built-in toolbars
  These let you easily refresh data, change periodicity, rescale the Y Axis, zoom in and out, choose "previous" or "next security" in the open folder, and choose a security to open.
• Object-Oriented Interface
  MetaStock is the only technical analysis program with a complete Object Oriented Interface. That means you can click on the object you're working with to get an instant menu for that item.

Technical Analysis Tools

The Explorer^TM

Finding profitable trading opportunities starts with scanning the markets for securities that meet your criteria. With how vast the markets are, this is an overwhelming and next to impossible task on your own. However, MetaStock's built-in search tool, The Explorer, makes it quick and simple.

Tell The Explorer the characteristics you're looking for. Working quietly in the background (freeing your computer for other tasks), The Explorer scrutinizes thousands of securities to find the ones that fit your criteria to a tee. You can also use The Explorer to calculate the value of your favorite indicators, generate a short list of potential money-makers, find the biggest gainers and most actives, or generate daily buy and sell signals - all based on your criteria.

The Expert Advisor^TM

The Expert Advisor is an educational tool that helps you interpret technical analysis signals. This compilation of trading styles and rules from experts such as Martin Pring, Gilbert Raff, and Bill Williams offers commentaries and suggestions as to when to buy or sell a security. This tool gives you 60 "experts" to apply to your trading.

The Enhanced System Tester^TM

You can create, back-test, compare, and perfect your strategies before you risk any of your money in the markets. System testing helps answer the question, "If I had traded this security using these trading rules, how much money would I have made or lost?"

You'll be able to track changes over a given test period, helping you decide which systems and securities are most likely to earn a consistent return, and which aren't. Designed to help you simulate a more realistic trading scenario, the Enhanced System Tester allows you to change and edit variables such as entry, exit, expanded stops, order sizes, commissions and more.

Indicators & Trading Systems

MetaStock's Indicators

Analyze the market with the insight of the most respected traders in history with MetaStock's comprehensive collection of indicators and line studies - over 150 are included. MetaStock's built-in indicator interpretations even help you understand how to trade each indicator. For advanced users, The Indicator Builder lets you write your own indicators.

The Performance Systems

Trade at a higher level of confidence and expertise than you ever thought possible with the 26 trading systems included in MetaStock. Chosen after countless hours of intensive testing and rigorous research, these systems have a highly successful track record of profitable results.

We added state-of-the-art exploration tools to 10 of these systems. These explorations perform system testing - on not just one security - but over an entire database of securities. Plus, you'll get buy/hold vs. buy/sell comparisons, and buy/sell alerts to further assure your trade has the highest probability of success.

Internet Capability

MetaStock lets you pull up an online, direct-access broker page where MetaStock automatically fills in your stock information for quick and easy trading. With its seamless Internet integration, MetaStock allows you to:

• Collect data from an online data vendor using DataOnDemandTM
• Research fundamental information from Thomson Reuters including P/E ratios, Insider Trading, and Financial Statements for the active chart
• Read current company news for the active chart
• Request a real-time quote for the active chart
• Display option chains for the active chart
• Save the active chart as an HTML document
• Email a bitmap graphic of a chart directly from MetaStock
• Get help from Equis technical support