I don't have it yet, but what I'd really like to see is an improvement
of the software's performance. Metastock is a tiny little program but
it is often very slow and it can take up to 10-20 seconds to open the
Expert Editor. Also, if you've spent the day watching different charts
on different timeframes (like GBPUSD/Crude Oil/DAX tick , 1 min, five
min, 1 hour, daily charts), it will NEVER close up correctly (weird
error message about data server). But that's not annoying given that
you don't lose anything. Another technical annoyance is that while
almost everything will work fine when working on multiple screens, when
trying to edit the color of something (indicator, signal, etc), the
color panel will pop up on a different screen then the one I'm working
one.
But that's not that important. I'm looking forward to seeing the new
version of my favorite charting software, and it looks like it has got
some nice new features. Even tough it looks like it's free if you have
a paid version of metastock 10.1 (As a MetaStock subscriber, you are eligible to upgrade to this latest version at no charge.), here are two key features that would make me gladly buy the new version :
1. Fundamental Analysis : even though if
looks like Equis made an important effort and gave us a new tool, it
doesn't seem like we will be able to chart this data in metastock and
apply our technical analysis tools. And more importantly, the metastock
fundamental analysis tool seems to be only interested with
corporations' data. If only you could give us include real fundamental data
like the fed fund rate, the employment rate (unemployment is bogus),
the GDP, the Gross private domestic investment... And that brings me to
my second feature :
2. Linked technical analysis : it might be
already possible but I don't know how to do it. I even asked Jose Silva
and he told me that it was really complicated. I'd like to be able to
link 2 charts and to build a signal based on indicators existing in
both charts. The main trick is to manage different time frames, or
different kind of data, like classic daily price data and quarterly
fundamental data. It would have been fantastic to have a system that
goes long only if the fed fund rate (or the gross private domestic
investment) is above its 10 period moving average and only goes short
if the inverse is true. The rule for the index (or stock) chart could
be pretty simple, like a basic moving average crossover.
And it would be very useful if we weren't limited to such giant
timeframes and could link the 1 min chart to the hourly chart, or even
the tick chart to the 5 min chart. (Oh, by the way, is there any way to
standardize the tick chart to a 10 second chart ?)
And of course, these new features would be extremely useful if we can
use them in the system tester. That would most definitely put you way
ahead of the competition.
With all that being said, I don't know if my message will ever get
through to Equis but I hope I'll be able to use Metastock 11 in the
next days. And before that, I think it's time to save all my
indicators, systems, explorations, etc.
And what about you guys ? What would you like to see in the next metastock ?
