Metastock, in the 2 versions End-of-Day and Real-Time, is one of the best technical analysis software, offering advanced functions and ease of use. Thanks to an intuitive interface, Metastock has become the most common software among private investors.

Find below the list of the most interesting features and tools included in the program with a brief description highlighting the inner strengths of Metastock.

INDICATORS
You can choose more than 100 indicators and easily use them.

EXPLORER
Using your local database, the program looks through all the tradables filtering the ones satisfying the requirements you have set, such as: breakout in moving averages, unusual volume increases, attainment of indicator levels, etc. Several search criteria are already included in the program and can be loaded or modified to create new ones.

INDICATOR BUILDER
You can build your own indicators or create a mix of pre-existing indicators, attributing a weight to each one.

EXPERT ADVISOR
To apply everything you have created with the Indicator Builder or the System Tester. When you have created a Trading System with the System Tester, you can move it to the Expert Advisor and link it to one or more tradables. When the conditions set in the Trading System will take place, the graph will include arrows or other associated symbol. The Professional version automatically sends you an email when a specified condition takes place. This tool comes with a set of pre-defined systems.

OPTIONSCOPE
It is a stand-alone program that analyzes options on stocks or other tradables, calculating the market value of put and call options, their implicit volatility, delta, vega, gamma and theta values to study sensitivity to changed market conditions. You can even create graphs of the strategies on the options.

DOWNLOADER
A standalone program for database maintenance. You can insert new records, modify old ones, sort, move or export in several different formats.