note: You will need to subscribe to Refinitiv DataLink data service. Instead of purchasing this software outright, you can also subscribe to it. Your first month is free!
MetaStock Daily Charts is specifically designed for traders who do end of day trading technical analysis after the markets close (If you are interested in real-time trading, check out MetaStock RT. Whether you're an experienced, active trader or just learning how to trade the markets, MetaStock helps you succeed. It contains powerful analysis tools so you can make informed decisions about what to buy and sell, and when to execute... resulting in the most profitable trades.
MetaStock comes with many out-of-the box trading solutions that are reliable and easy to use. And if you want to take your analysis to the next level, MetaStock gives you the ability to customize these solutions to your particular trading style.
Metastock XVI - What's New?
Kelly Clement presents a comprehensive overview of MetaStock XVI, featuring Offline Mode & Local Data.
Whether you trade stocks, bonds, mutual funds, futures, commodities, FOREX, or indices, MetaStock has the tools you need for superior market analysis and financial success. In fact, 84% of our customers report that they have been successful using the MetaStock software!
Of course, the best charting program is only as good as the data that feeds it, that's why MetaStock works exclusively with Refinitiv DataLink to provide your MetaStock charts and analysis with industry-leading data that's accurate, clean, and dependable.
Here is what one a customer has to say about MetaStock:
"MetaStock is obviously made by people who understand traders' needs. It's a complete package that's easy to use, no matter what kind of securities you trade. It's the single tool that's allowed me to fine-tune my trading approach, pursue my avocation and build a satisfying retirement."
There are two ways to begin using MetaStock Real Time:
Once you purchase the software it is yours to keep. However, before you purchase MetaStock Daily Charts you will need to decide which datafeed you will be using.
Your datafeed will be a monthly or yearly subscription. Daily Charts works with Datalink
(Receive 1 Month Free Trial)
Purchase a MetaStock Daily Charts subscription with monthly or yearly billing. You will receive full access to MetaStock Daily Charts PLUS end-of-day data from Refinitiv DataLink. [Note: Product is downloadable immediately after signing up.]
Incredibly, on top of the existing feature set, MetaStock now includes:
New Features in MetaStock 15
The latest version of MetaStock Daily Charts is the result of years of research and client feedback. It focuses on making the process of end of day technical analysis charting and analysis as intuitive as possible. Watch the video: What's New in MetaStock 14.
The MetaStock Power Console
The Power Console takes everything that is great about MetaStock and puts it in one convenient location. Now you can open a chart, start a scan, run a test, review reports, make custom lists, and more… from one full-featured dashboard.
Earlier update times for Refinitiv DataLink
MetaStock works exclusively with Refinitiv DataLink to provide your MetaStock charts and analysis with industry-leading data that's accurate, clean, and dependable. So you will now have daily data available sooner after the close of the markets.
Full-time Data on Demand
Maintaining your local data is always a challenge. With Full-time Data on Demand, you no longer need to worry about whether or not you have the latest possible update. Every time you open a chart, MetaStock loads the latest data for that security automatically. All the latest price and volume information is there, as well as error correction and split information.
Automated Software and Symbol Database Updates
It's never been easier to keep the latest, greatest version of MetaStock on your computer. Software upgrades update automatically as they become available. Also you no longer have to visit our website to update your symbol database. It updates periodically with the click of your mouse.
MetaStock Sets the Standard in Charting
MetaStock gives you nine of the most widely-used price charting styles:
Point & Figure
Page Layouts help you save time and stay organized. Save all of your on-screen charts together like pages in a book. So whenever you open your layout, the same securities appear.
Templates also save you time by applying the same set of indicators and studies to different securities. Rotate through different securities while keeping the same indicators and line studies on the screen.
Built-in toolbars let you easily refresh data, change periodicity, rescale the Y-Axis, zoom in & out, choose "previous" or "next security" in the open folder, and choose a security to open.
The Object Oriented Interface allows you to click on an object and get an instant menu for that item. The Click and Pick/Drag and Drop features let you drag price plots, indicators, text, and lines from one chart to another.
The MetaStock Explorer - Scan the Markets to Find Winning Securities.
There are thousands of stocks, currencies, options, and futures out there. Moreover, there are hundreds of indicators and systems you might want to use to trade them. How do you even begin to sort through the possibilities? How do you find the winners? That's where the MetaStock Explorer comes in. Now you can use YOUR criteria to scan a universe of securities to find the ones that fit YOUR strategy. Here are some examples of possible scans:
- Discover which securities have generated a buy or sell signal based on your custom criteria
- Find the securities that have just crossed above their 200-day moving average
- Generate a performance report of all your mutual funds
- Discover the securities which ranked highest by Wilders RSI
- Generate a list of securities that are above their 10-week moving average, with a stochastic of 80 or higher
The list of possible scans is almost endless. Not only does this save countless hours of sorting and sifting, but it allows you to do things you simply could not do otherwise.
The MetaStock Expert Advisor - Consult the Experts
The MetaStock Expert Advisor gives you the input of industry professionals when and where you need it. Display the industry's most popular systems and charting styles with the click of a mouse. Need more info? Choose the commentary screen for specific information about the security you are charting. For example, you can learn: "What is a MACD and where should the buy and sell signals occur on the chart?" You can even create your own system using the easy-to-learn MetaStock formula language.
Expert Alerts keep you in touch with current trading conditions. Use simple price and volume alerts or complex indicator triggers and multiple condition alerts.
Expert Commentary shows you in great detail how your expert assesses the chart you are viewing. Is it a buy, sell, or hold situation? If so... Why? You get insight gained through years of research and real-world trading.
Expert Symbols and Trends – Buy and sell arrows, text, or any other symbols in the MetaStock palette automatically flag special conditions, according to your criteria.
The Enhanced System Tester - Test Your Trading Ideas
With The Enhanced System Tester, 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?" The surest way to increase your confidence in a trading system is to test it historically. The Enhanced System Tester lets you take a group of stocks and compare them to a group of trading systems to find the best scenario.
Designed to simulate real trading scenarios, the Enhanced System Tester allows you to change variables such as entry, exit, order sizes, commissions, and more. This tool gives you incredible customization, comprehensive results, and detailed reports so that you can find the most historically successful trading scenario.
The Enhanced System Tester gives you the power to take huge amounts of past data and use it to analyze and predict what trading systems will be the most profitable.
Indicators & Trading Systems
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.
42 Adaptive Indicators
Standard indicators use a fixed look-back period, which makes them less responsive to prevailing market conditions. MetaStock 13 incorporates 42 Adaptive Indicators with dynamic look-back functionality based on volatility, cycle, or a combination of both. This method provides the most responsive and accurate results.
Write your own system
MetaStock knows that many of our clients have their own ideas about what makes a great system. The MetaStock formula language is easy to learn and allows you to create just about any system you can think of. Not into programming? Tell us what you want and we'll do it for a nominal fee. Find out more about custom formula requests.
The best trading systems will fall short without a good exit strategy. MetaStock stop indicators help your system know when it's time to get out of the trade:
- Intellistops - these self-adjusting trailing stops do away with the old static stop systems, which are set at a fixed percentage from price. Intellistops are adaptive and adjust dynamically based on the current price activity of the security. Intellistops adjust according to cycles, volatility, and other conditions.
- Chandelier Stops - As the name indicates, Chandelier stops "hang" the sell stop from the extreme high reached over a predetermined period. When used properly, in tandem with other trading systems, Chandelier stops have been shown to produce profits even with randomly selected entries on a diversified group of futures.
The RMO System
This revolutionary trend-based system was developed by Rahul Mohindar. It incorporates a three-step indicator triggered by the Rahul Mohindar Oscillator and has become one of the most popular systems in MetaStock for its ease of use and reliability.
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.