Table Of Content

MetaStock ® Professional For Windows 98 and higher User's Manual Version 8.0 All Rights Reserved Copyright  1985-2002 Printed in the USA Equis International 3950 South 700 East, First Floor Salt Lake City, UT 84107 http://www.equis.com Achelis Binary Wave, DataOnDemand, The DownLoader, Expert Advisor, The Explorer, Visual Control, QuoteCenter, and Smart Charts are trademarks of Equis International. Equis, MetaStock, and OptionScope are registered trademarks of Equis International. Reuters is a registered trademark of Reuters Limited. eSignal is a registered trademark of Data Broadcasting Corporation. IBM is a registered trademark of International Business Machines Corporation. MS-DOS, Microsoft Windows, Microsoft Windows 98, Microsoft Windows NT, Microsoft IntelliMouse, Microsoft Office, Microsoft Word, Microsoft Excel, and Paint are registered trademarks of Microsoft Corporation. ODDS is a trademark of Fishback Management & Research Co. All other product names or services mentioned are trademarks or registered trademarks of their respective owners. Contents Getting Started...............................................................................................1 Welcome....................................................................................................................................1 What You Need to Run MetaStock Pro.....................................................................................2 Two Quick Steps for Getting Up to Speed Fast.........................................................................2 Installing MetaStock Pro............................................................................................................3 Running MetaStock Pro.............................................................................................................3 Getting Help...............................................................................................................................4 The Workplace...............................................................................................7 Microsoft Windows Standard Features......................................................................................7 Using the Menus......................................................................................................................17 Using Dialogs..........................................................................................................................18 Using the Toolbars...................................................................................................................19 Using the Status Bar.................................................................................................................27 HELP! Using MetaStock Pro’s Help System..........................................................................29 Changing the Appearance of MetaStock Pro’s Workplace......................................................31 Collecting Your Data...................................................................................41 What is Data?...........................................................................................................................41 DataOnDemand™....................................................................................................................42 Collecting Local Real-time Data..............................................................................................43 End-of-day Data Collection with The DownLoader................................................................58 Chart Concepts............................................................................................63 Managing Your Charting.........................................................................................................63 Opening, Closing and Saving (General)..................................................................................64 Special Controls in the New, Open, and Save Dialogs............................................................70 Searching for Securities with the Find Command...................................................................74 Deleting Chart and Layout Files..............................................................................................75 Saving Your Work with Charts...................................................................77 What is a Chart?.......................................................................................................................77 Creating a New Chart...............................................................................................................78 Displaying Existing Charts......................................................................................................79 Saving Charts...........................................................................................................................81 Closing Charts..........................................................................................................................82 MetaStock Professional Contents • i Scanning Charts with the Change Security Commands...........................................................83 Scrolling Charts.......................................................................................................................85 Cloning Charts.........................................................................................................................86 Using the Microsoft IntelliMouse Pointing Device.................................................................87 Combining Multiple Charts with Layouts..................................................89 What is a Layout?....................................................................................................................89 Creating a New Layout............................................................................................................90 Displaying an Existing Layout.................................................................................................91 Scanning Charts in a Layout....................................................................................................92 Making Changes to a Layout...................................................................................................92 Saving a Layout.......................................................................................................................95 Closing a Layout......................................................................................................................96 Recycling Your Work with Templates........................................................97 What is a Template?.................................................................................................................97 Creating a New Template........................................................................................................97 Applying an Existing Template...............................................................................................98 Making Changes to a Template.............................................................................................101 Saving a Template..................................................................................................................101 The Default Template............................................................................................................102 Customizing a Chart's Appearance.........................................................103 Chart Window........................................................................................................................103 Inner Windows.......................................................................................................................110 Scales.....................................................................................................................................118 Printing Charts and Data ..........................................................................133 Introduction............................................................................................................................133 Selecting and Configuring Your Printer................................................................................133 Customizing the Printout with Page Setup.............................................................................134 Previewing Charts Before Printing........................................................................................137 Printing Charts and Data........................................................................................................138 Working with Price Plots ..........................................................................143 Introduction............................................................................................................................143 Base Security Concept...........................................................................................................143 Types of Price Plots...............................................................................................................144 Modifying a Price Plot...........................................................................................................146 Updating and Editing a Price Plot's Data...............................................................................152 Copying, Deleting, and Moving Price Plots..........................................................................153 Inserting Price Plots...............................................................................................................158 Viewing Values on the Chart.................................................................................................158 Working with Indicators............................................................................163 ii • Contents MetaStock Professional What is an Indicator?.............................................................................................................163 Plotting an Indicator...............................................................................................................163 Modifying an Indicator..........................................................................................................167 Copying, Deleting, and Moving Indicators............................................................................172 Viewing Indicator Values with the Data Window.................................................................174 Online Indicator Interpretation..............................................................................................174 Indicator Parameters..............................................................................................................174 Working with Line Studies........................................................................205 What is a Line Study?............................................................................................................205 Drawing a Line Study............................................................................................................205 Modifying a Line Study.........................................................................................................208 Adjusting, Copying, Deleting, and Moving Line Studies......................................................211 Line Study Parameters...........................................................................................................215 Working with the Internet .........................................................................227 Internet Integration.................................................................................................................227 Collecting Data through the Internet......................................................................................228 Updating MetaStock Pro........................................................................................................228 E-mailing Charts with the Send Command............................................................................228 Saving Charts as HTML........................................................................................................228 Internet Shortcut Menus.........................................................................................................229 Equis on the Web...................................................................................................................234 The MetaStock Formula Language..........................................................235 What is the MetaStock Formula Language?..........................................................................235 Price Array Identifiers............................................................................................................235 Mathematical Operators.........................................................................................................236 Operator Precedence..............................................................................................................236 Formula Functions.................................................................................................................237 Function Parameters...............................................................................................................238 Locating Errors in Formulas..................................................................................................238 Inserting Functions................................................................................................................239 Writing Comments.................................................................................................................240 Nesting Functions..................................................................................................................240 The if() function.....................................................................................................................241 Using "And" and "Or" Operators...........................................................................................241 Referencing Existing Custom Indicators...............................................................................242 Referencing Securities with the Security Data Function.......................................................243 Using Variables to Enhance and Simplify.............................................................................244 Self Referencing Formulas Using PREV...............................................................................246 The “P” Data Array Identifier................................................................................................247 Formula Tips..........................................................................................................................248 Using the Formula Organizer to Import and Export..............................................................249 Glossary.................................................................................................................................249 Error Messages......................................................................................................................251 Functions................................................................................................................................252 MetaStock Professional Contents • iii Creating Your Own Indicators..................................................................299 What is the Indicator Builder?...............................................................................................299 Indicator Builder Tutorial......................................................................................................300 Indicator Builder Dialog........................................................................................................302 Indicator Editor Dialog..........................................................................................................303 Copying and Deleting Custom Indicators..............................................................................304 Printing Custom Indicators....................................................................................................304 Pasting Functions Into Formulas............................................................................................305 Creating Custom Indicators with Multiple Plots....................................................................306 Creating Custom Indicators that Prompt for Input.................................................................306 Sample Custom Indicators.....................................................................................................308 Achelis Binary Waves............................................................................................................312 Errors.....................................................................................................................................316 Testing Your Trading Ideas......................................................................319 What is a System Test?..........................................................................................................319 Enhanced System Tester Tutorial..........................................................................................320 The Enhanced System Tester.................................................................................................327 Creating a System Test..........................................................................................................331 The System Editor..................................................................................................................331 Copying and Deleting System Tests......................................................................................337 Testing Systems.....................................................................................................................338 The Test View Screen............................................................................................................343 The Results Detail View Dialog............................................................................................345 Optimization..........................................................................................................................356 System Development Tips.....................................................................................................359 Technical Reference...............................................................................................................362 Trading Rule Syntax..............................................................................................................365 Ranking and Screening Securities...........................................................369 What is The Explorer?...........................................................................................................369 The Explorer Tutorial............................................................................................................370 The Explorer Dialog..............................................................................................................377 Creating an Exploration.........................................................................................................379 Copying and Deleting Explorations.......................................................................................384 Printing Explorations.............................................................................................................384 Running the Exploration........................................................................................................385 Viewing the Reports..............................................................................................................388 Sample Explorations..............................................................................................................393 Exploration Tips....................................................................................................................395 Getting Expert Advice on Your Securities ..............................................397 What is the Expert Advisor?..................................................................................................397 Using Pre-packaged Experts..................................................................................................398 Expert Advisor Dialog...........................................................................................................399 Creating an Expert.................................................................................................................400 iv • Contents MetaStock Professional Components of an Expert.......................................................................................................402 Defining Bullish and Bearish Trends.....................................................................................403 Writing Commentaries to Summarize and Instruct................................................................406 Using Highlights to Emphasize Specified Conditions...........................................................421 Using Symbols to Identify Key Points on Charts..................................................................425 Using Alerts to Grab Your Attention.....................................................................................430 Attaching an Expert to a Chart...............................................................................................435 Copying and Deleting Experts...............................................................................................436 Printing Experts.....................................................................................................................436 Pre-packaged Experts.............................................................................................................437 Input() Function, Variables, and Multi-plot Indicators..........................................................437 Expert Advisor Tips...............................................................................................................438 Execution Errors in an Expert................................................................................................439 Interpretation of Indicators and Line Studies.........................................441 Indicator Guide......................................................................................................................441 Accumulation/Distribution.....................................................................................................446 Accumulation Swing Index....................................................................................................446 Andrews' Pitchfork................................................................................................................447 Aroon.....................................................................................................................................447 Average True Range..............................................................................................................448 Bollinger Bands.....................................................................................................................449 Candlesticks, Japanese...........................................................................................................450 Candlevolume........................................................................................................................451 Chaikin A/D Oscillator..........................................................................................................451 Chaikin Money Flow.............................................................................................................453 Chande Momentum Oscillator...............................................................................................454 Commodity Channel Index....................................................................................................456 Commodity Selection Index...................................................................................................456 Correlation.............................................................................................................................457 Cycle Lines............................................................................................................................458 DEMA....................................................................................................................................459 Demand Index........................................................................................................................459 Detrended Price Oscillator.....................................................................................................460 Directional Movement...........................................................................................................461 Dynamic Momentum Index...................................................................................................462 Ease of Movement.................................................................................................................463 Envelope................................................................................................................................464 Equivolume............................................................................................................................464 Fibonacci Studies...................................................................................................................465 Forecast Oscillator.................................................................................................................467 Fourier Transform..................................................................................................................467 Gann Studies..........................................................................................................................468 Herrick Payoff Index.............................................................................................................470 High/Low/Close Bar..............................................................................................................470 Inertia.....................................................................................................................................471 Intraday Momentum Index.....................................................................................................472 Kagi........................................................................................................................................472 MetaStock Professional Contents • v Klinger Oscillator...................................................................................................................473 Line Chart..............................................................................................................................475 Linear Regression Indicator...................................................................................................475 Linear Regression Slope........................................................................................................476 Linear Regression Trendline..................................................................................................477 MACD...................................................................................................................................478 Market Facilitation Index.......................................................................................................479 Mass Index.............................................................................................................................480 Median Price..........................................................................................................................481 MESA Sine Wave..................................................................................................................482 Momentum.............................................................................................................................482 Money Flow Index.................................................................................................................483 Moving Averages...................................................................................................................484 Negative Volume Index.........................................................................................................489 ODDS Probability Cones.......................................................................................................490 On Balance Volume...............................................................................................................492 Open Interest..........................................................................................................................494 Option Indicators...................................................................................................................494 Parabolic SAR........................................................................................................................496 Performance...........................................................................................................................497 Point & Figure.......................................................................................................................497 Polarized Fractal Efficiency...................................................................................................498 Positive Volume Index...........................................................................................................499 Price Channel.........................................................................................................................500 Price Oscillator.......................................................................................................................501 Price Rate-Of-Change............................................................................................................501 Price Volume Trend...............................................................................................................502 Projection Bands....................................................................................................................503 Projection Oscillator..............................................................................................................504 Qstick Indicator......................................................................................................................505 Quadrant Lines.......................................................................................................................506 r-squared................................................................................................................................506 Raff Regression Channel.......................................................................................................508 Random Walk Index..............................................................................................................508 Range Indicator......................................................................................................................509 Relative Momentum Index.....................................................................................................510 Relative Strength Comparative..............................................................................................511 Relative Strength Index..........................................................................................................512 Relative Volatility Index........................................................................................................513 Renko.....................................................................................................................................514 Speed Resistance Lines..........................................................................................................515 Spread....................................................................................................................................515 Standard Deviation.................................................................................................................516 Standard Deviation Channel..................................................................................................517 Standard Error........................................................................................................................518 Standard Error Bands.............................................................................................................518 Standard Error Channel..........................................................................................................519 Stochastic Momentum Index.................................................................................................520 Stochastic Oscillator..............................................................................................................521 vi • Contents MetaStock Professional Support and Resistance Levels..............................................................................................523 Swing Index...........................................................................................................................524 TEMA....................................................................................................................................525 Three Line Break...................................................................................................................526 Time Series Forecast..............................................................................................................527 Tirone Levels.........................................................................................................................528 Trade Volume Index..............................................................................................................528 Trendlines..............................................................................................................................529 TRIX......................................................................................................................................531 Typical Price..........................................................................................................................532 Ultimate Oscillator.................................................................................................................532 Vertical Horizontal Filter.......................................................................................................533 Volatility, Chaikin's...............................................................................................................533 Volume...................................................................................................................................534 Volume Oscillator..................................................................................................................535 Volume Rate-Of-Change.......................................................................................................536 Weighted Close......................................................................................................................537 Wilder's Smoothing................................................................................................................537 Williams' %R.........................................................................................................................538 Williams' Accumulation/Distribution....................................................................................539 Zig Zag...................................................................................................................................539 Appendices................................................................................................541 Information About Your Computer System...........................................................................541 Installing and Using MetaStock Pro on a Network................................................................541 Converting Custom Formulas, System Tests, Explorations, and Experts..............................542 Program Performance............................................................................................................543 Using OptionScope................................................................................................................543 Suggested Reading.................................................................................................................544 Index...........................................................................................................547 MetaStock Professional Contents • vii

MetaStock Professional For Windows 98 and higher User's Manual Version 8.0 PDF

576 Pages·2002·3.946 MB·English

#Computers #Operating Systems

Checking for file health...

Save to my drive

Quick download

Download

Download MetaStock Professional For Windows 98 and higher User's Manual Version 8.0 PDF Free - Full Version

by Unknow| 2002| 576 pages| 3.946| English

Download MetaStock Professional For Windows 98 and higher User's Manual Version 8.0 by in PDF format completely FREE. No registration required, no payment needed. Get instant access to this valuable resource on PDFdrive.to!

Free Download PDF

About MetaStock Professional For Windows 98 and higher User's Manual Version 8.0

No description available for this book.

Detailed Information

Author:	Unknown
Publication Year:	2002
ISBN:	35451
Pages:	576
Language:	English
File Size:	3.946
Format:	PDF
Price:	FREE

Download Free PDF

Safe & Secure Download - No registration required

Why Choose PDFdrive for Your Free MetaStock Professional For Windows 98 and higher User's Manual Version 8.0 Download?

100% Free: No hidden fees or subscriptions required for one book every day.
No Registration: Immediate access is available without creating accounts for one book every day.
Safe and Secure: Clean downloads without malware or viruses
Multiple Formats: PDF, MOBI, Mpub,... optimized for all devices
Educational Resource: Supporting knowledge sharing and learning

Frequently Asked Questions

Is it really free to download MetaStock Professional For Windows 98 and higher User's Manual Version 8.0 PDF?

Yes, on https://PDFdrive.to you can download MetaStock Professional For Windows 98 and higher User's Manual Version 8.0 by completely free. We don't require any payment, subscription, or registration to access this PDF file. For 3 books every day.

How can I read MetaStock Professional For Windows 98 and higher User's Manual Version 8.0 on my mobile device?

After downloading MetaStock Professional For Windows 98 and higher User's Manual Version 8.0 PDF, you can open it with any PDF reader app on your phone or tablet. We recommend using Adobe Acrobat Reader, Apple Books, or Google Play Books for the best reading experience.

Is this the full version of MetaStock Professional For Windows 98 and higher User's Manual Version 8.0?

Yes, this is the complete PDF version of MetaStock Professional For Windows 98 and higher User's Manual Version 8.0 by Unknow. You will be able to read the entire content as in the printed version without missing any pages.

Is it legal to download MetaStock Professional For Windows 98 and higher User's Manual Version 8.0 PDF for free?

https://PDFdrive.to provides links to free educational resources available online. We do not store any files on our servers. Please be aware of copyright laws in your country before downloading.

The materials shared are intended for research, educational, and personal use in accordance with fair use principles.