What is MetaStock?

MetaStock is a powerful and versatile trading software that has been a leader in market analysis tools for over 30 years. Designed for self-directed traders, MetaStock leverages technical analysis to provide users with robust charting and analysis capabilities. The platform caters to active traders of all experience levels, enabling them to backtest, scan, and analyze various markets with confidence. Whether you're a day trader, swing trader, or an end-of-day (EOD) trader, MetaStock offers tailored solutions for trading stocks, options, futures, FOREX, and more.

The software aims to deliver reliable buy and sell signals, empowering traders to make informed decisions in their trading endeavors. With a commitment to continuous improvement, MetaStock integrates advanced technology and expert insights to enhance the trading experience for its users.

Features

MetaStock boasts a wide array of features designed to meet the needs of different types of traders. Below are some of the key features that set MetaStock apart:

1. Real-Time Market Data and News

• XENITH: This feature provides real-time market data and news, consolidating essential information, analytics, and insights into one platform. Traders can act quickly and confidently based on the latest market updates.
• Daily Charts: This package offers a reliable daily market data feed that has been supporting MetaStock D/C for decades, ensuring traders have access to clean and accurate data.

2. Powerful Analysis Tools

• MetaStock R/T: Specifically designed for day traders, this platform is highly customizable and includes powerful analysis tools. It helps traders make informed decisions about buying, selling, and executing trades for optimal profitability.
• MetaStock D/C: Tailored for swing and position traders, this version offers professional-level analysis tools that answer critical trading questions such as what to trade, how to test trading systems, and when to enter or exit trades.

3. Backtesting and Scanning

• Traders can backtest their strategies against historical data to evaluate their effectiveness before applying them in real-time trading.
• The scanning feature allows users to identify potential trading opportunities based on specific criteria, making it easier to find stocks or assets that meet their trading strategies.

4. Educational Resources

• Free eBook: MetaStock offers a free eBook that shares insights and strategies from professional traders, helping users improve their odds in the market through technical analysis.
• Webinars and Training Videos: A wealth of informative content is available, including webinars and training videos that cover various trading topics, enhancing users' knowledge and skills.

5. Community and Support

• MetaStock User's Community: Traders can connect with fellow users, share experiences, and seek advice, fostering a sense of community.
• Customer Support: MetaStock provides customer service and technical support to assist users with any inquiries or issues they may encounter.

6. Multiple Trading Options

• Supports a variety of trading instruments, including stocks, options, futures, and FOREX, catering to a diverse range of trading preferences.

Use Cases

MetaStock is suitable for various types of traders and can be utilized in multiple scenarios, including:

1. Day Trading

• Use Case: Day traders can leverage MetaStock R/T to access real-time market data and powerful analysis tools. The platform's customizability allows day traders to set up their workspaces according to their specific trading strategies and preferences, enabling them to make quick and informed decisions throughout the trading day.

2. Swing Trading

• Use Case: Swing traders can benefit from MetaStock D/C, which provides professional-level analysis tools to identify potential trades over a multi-day or multi-week timeframe. The ability to backtest trading strategies ensures that swing traders can refine their methods before executing trades in live markets.

3. Position Trading

• Use Case: Position traders seeking to hold trades for longer periods can utilize the comprehensive analysis tools offered by MetaStock D/C. The platform helps them identify favorable entry and exit points, allowing for strategic long-term trading decisions.

4. Educational Development

• Use Case: New traders or those looking to enhance their trading knowledge can take advantage of the educational resources available through MetaStock, including webinars, training videos, and the free eBook. These resources provide valuable insights into technical analysis and trading strategies.

5. Market Analysis and Research

• Use Case: Analysts and researchers can utilize MetaStock's extensive data and analysis capabilities to conduct thorough market research. The platform's real-time data and news features allow users to stay informed about market trends and developments.

Pricing

MetaStock offers a variety of pricing options to cater to different trading needs and budgets. The pricing structure typically includes:

1. Subscription Plans

• MetaStock D/C: Designed for swing and position traders, this plan usually offers a monthly subscription fee, providing access to essential tools and features for analyzing market data.
• MetaStock R/T: Tailored for day traders, this plan typically comes at a higher subscription fee due to its advanced real-time features and capabilities.

2. Extended Trials and Promotions

• MetaStock often provides promotional offers, such as an extended trial period where users can experience the software at a reduced rate (e.g., 3 months for the price of 1). This allows potential users to test the platform before committing to a full subscription.

3. Institutional Pricing

• For larger organizations or institutional traders, MetaStock may offer customized pricing plans to accommodate specific needs and requirements.

Comparison with Other Tools

When comparing MetaStock to other trading tools, several unique selling points and advantages emerge:

1. Comprehensive Analysis Capabilities

• Unlike some trading platforms that focus solely on charting or data feeds, MetaStock combines both real-time data and advanced analysis tools, providing a holistic approach to market analysis.

2. Long-Standing Reputation

• With over 30 years of experience in the industry, MetaStock has established itself as a trusted and reliable tool for traders. Many users value the company's longevity and commitment to continuous improvement.

3. Educational Resources

• MetaStock offers a wealth of educational materials, including webinars and free eBooks, which are often lacking in other trading tools. This emphasis on education helps traders enhance their skills and knowledge.

4. Customization and Flexibility

• The platform's highly customizable interface allows users to tailor their trading experience to their specific strategies and preferences, which may not be as prevalent in other tools.

5. Community Support

• MetaStock fosters a user community that encourages collaboration and sharing of insights, providing an additional layer of support that may not be available in other trading platforms.

FAQ

1. What types of traders can benefit from MetaStock?

MetaStock is suitable for a wide range of traders, including day traders, swing traders, and position traders. The platform offers tailored solutions for each type of trading style.

2. Is there a free trial available for MetaStock?

Yes, MetaStock often provides promotional offers, including extended trial periods, allowing potential users to experience the software at a reduced rate before committing to a full subscription.

3. What is the difference between MetaStock D/C and MetaStock R/T?

MetaStock D/C is designed for swing and position traders, offering professional-level analysis tools for multi-day trading. In contrast, MetaStock R/T is tailored for day traders, providing real-time data and powerful analysis tools for quick decision-making.

4. Does MetaStock offer educational resources?

Yes, MetaStock provides a variety of educational resources, including webinars, training videos, and a free eBook, to help traders enhance their skills and knowledge.

5. How can I contact MetaStock for support?

MetaStock offers customer service and technical support through various channels. Users can reach out to the support team for assistance with any inquiries or issues they may encounter.

In conclusion, MetaStock stands out as a comprehensive and versatile trading tool that caters to various trading styles and preferences. With its powerful analysis capabilities, educational resources, and strong community support, MetaStock is well-equipped to help traders make informed decisions and improve their trading performance.