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Hello everyone, i´m a newbie about a metastock. However i could note that there are hundreds of Indictors, since the classical one to the crazy one. My question: Is possible to use the metasotck to search, based in past results comparisons, witch is the most efficient Indictor (of all that the program offer) to determined stock. I mean to Microsoft Stock for example, the best,closer of reality is Indictor X. Is that even possible?
Thanks a lot!
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Two plug-ins are designed to do something like this. Performance Systems Plus adds another 54 systems to the 26 PS systems that came with metastock. Each system is build around a single indicator. You can then use the system tester or the explorer and run all the PS systems against the desired security to find the best match.
This process was update with Trade Oracle. Trade Oracle is essentially Performance Systems Plus version 2. It adds 10 more systems and much more information to help choose the best match for the security.
Alternately, the ICE plug-in give you 80+ system tests to run against a security and the results are combined to make a customized system specific to that stock.
If you prefer to not buy another product, you could do the same analysis yourself. It just requires creating the system tests for the indicators you wish to compare and running those tests on the stock to see which give the better results.
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Rank: Newbie
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Joined: 8/9/2011(UTC)
Posts: 2
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