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New MetaStock Plug-in Brings Innovative Tools to Technical Analysis Traders
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Released 04/30/2001 Flexible new trading systems integrate into MetaStock and are demonstrated profitable
SALT LAKE CITY, April 30, 2001 - MetaStock ® today introduces Performance SystemsTM and Performance Systems Plus TM,
80 new trading systems that have been shown to have a high percentage
of wins compared to a buy-and-hold strategy. They also feature
high-tech performance tools for powerful analysis, giving them a unique
edge over other trading systems on the market. "These winning systems are optimized for the entire
market-designed to be profitable over large groups of stocks," says
Allan McNichol, president and CEO of Equis International (a Reuters
company) the developers of MetaStock. "They allow traders to perform
tests over an entire database of securities to locate securities with a
high profit potential. That's been impossible until now." Equis'
partner in creating the Performance Systems was Trading Systems
Analysis Group, which specializes in trading systems that meet every
trading profile and allow investors to determine the tradable quality
of a security. Find Which Securities Work Best with Any Trading System As
part of the Performance Systems' wealth of advanced abilities, the
Performance Explorations allow traders to select one of 80 available
explorations, then scan favorite securities or a database containing
thousands of securities. The exploration sorts and ranks the
securities, then returns performance numbers on long positions, short
positions, and long-and-short positions, then compares all three to a
buy-and-hold position strategy. In-depth Information on Chosen Securities The
System Tester allows close inspection of criteria that gauge the
effectiveness of a system. Traders may also use the System Tester to
perform a comparison test between different Performance Systems to
determine which strategy fits best with their specific securities. Signal Explorations and the Expert Advisor The
tools described above produce lists of stocks to place ins a "watch
list." The Signal Exploration and Expert Advisor alert traders of
securities that will generate buy and sell signals that day and give
commentary. About Equis International Equis
International, develops and markets MetaStock, award-winning investment
charting and analysis software including MetaStock Professional for
Quote.com, MetaStock Professional for eSignal and BMI (NASDAQ: DBCC),
Reuters MetaStock Professional, and MetaStock Online at
https://www.metastock.com/online. Equis, based in Salt Lake City,
Utah, was founded in 1982. Reuters (NASDAQ: RTRSY), the world's premier
news and financial information company, acquired Equis in 1996.
Additional information about Equis and MetaStock can be found at http://www.metastock.com.
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