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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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New MetaStock Plug-in Brings Innovative Tools to Technical Analysis Traders
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