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AndyM  
#1 Posted : Saturday, November 15, 2014 4:04:21 AM(UTC)
AndyM

Rank: Member

Groups: Registered, Registered Users, Unverified Users
Joined: 2/13/2007(UTC)
Posts: 17

I have found MetaStock 13 pro pretty much useless as a trader. It may be good for a programmer or developer looking for the holy grail in indicators, but for a trader it is terrible.

I cant believe that tick charts are not available.

The programme is cumbersome to use. A simple exercise of drawing trend channels and support and resistance lines is tedious

Crashes a lot of the time

When the market opens charts are slow to open

Charts are harder to read than other charting programmes

I want to display only closing prices on bar charts but that option doesn't exist

It has so much gimmicky stuff in it that a trader doesn't need, but things that do matter to a trader are missing

I have now gone to ninja trader, and the difference is quite remarkable.

For company that maintains that MetaStock is the ants pants of charting it is basically a load of expensive crap.

I've persevered with it now for 2 years and have finally had enough.

Ina.B  
#2 Posted : Sunday, November 16, 2014 12:26:01 AM(UTC)
Ina.B

Rank: Newbie

Groups: Registered Users, Subscribers
Joined: 11/16/2014(UTC)
Posts: 1

I have to agree to some extent. I tried Metastock a while back, when it was version 8 or 9 I think. I just signed up for the trial - man oh man....nothing is different. Still mostly limitations on top of limitations. You can't even save your desired setting for popular drawing tools like Fib retracements and others. I think this software may only work for someone using fully automated systems to trade. For discretional trader it's an awkward nigthmare.
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