Published on Nov 20, 2013
This brief video presented by Scott Brown, President of MetaStock, describes the new features in MetaStock XIII featuring the MetaStock FORECASTER.
Discover a new level of analysis with the FORECASTER.
Imagine if you had a tool that could paint a more probable, easy-to-read picture of the future? A picture-based on patent-pending technology that uses any or all of 67 technical event recognizers. A picture that helps you more precisely set profit targets and stops. That's what you get with the MetaStock FORECASTER, the latest PowerTool available exclusively in MetaStock XIII and MetaStock Pro XIII. The FORECASTER plots a "forecast cloud" based on your selection of any of 67 event recognizers. It uses advanced mathematics to examine the price action after these events to determine the probable performance of future events.
Intraday Snapshot on Daily Bars
Now MetaStock customers with a DataLink subscription can view hourly snapshots of daily bars in select markets. No longer do you need to wait until market close to see your daily bar update. You'll not only be able to view charts, but also run explorations, systems tests, and Forecasts on the snapshot data as well.
Macroeconomics are at your fingertips with EcoStat
Available in MetaStock Pro XIII, EcoStat exploits the extensive set of economic data provided by the XENITH datafeed. EcoStat focuses on key indicators that provide insight into the health of a country's economy. It provides users with tools for analyzing macroeconomic conditions in 11 countries including the US, UK, Canada, France, Germany, Italy, Japan, Australia, Russia, China, and Brazil. Traders can use any of the 87 Pre-built EcoStat layouts to enhance their performance by staying abreast of broad macroeconomic conditions. Stocks, bonds, and commodities are strongly affected by the four phases of a business cycle: peak, trough, expansion, contraction.
Breadth indicators at a sector level with SectorStat
SectorStat allows users to analyze 187 market breadth indicators at a Sector level. It includes 1 exploration and 17 indicators for each of 10 market sectors plus another 17 for the overall market. In addition, SectorStat includes an Oscillator called the Market Sector Rotation Model. An understanding of the markets direction is the first step in top down analysis and sector based investing. Typically, once the market direction is understood, the rest of the sector analysis is limited. SectorStat will help fill this gap.
Local Data is back by popular demand
The seamless integration of full-time data-on-demand in MetaStock 12 has allowed traders to focus on their trading rather than data maintenance. Now with MetaStock XIII, traders have the added flexibility of analyzing locally stored data. You can chart, explore, system test, and use the all-new Forecaster with the CSV text file format.