MetaStock

MetaStock is a proprietary computer program originally released by Computer Asset Management in 1985. It is used for charting and technical analysis of stock (and other asset) prices.[1][2] It has both real-time and end-of-day versions. MetaStock is a product of Innovative Market Analysis.

MetaStock
Developer(s)Innovative Market Analysis
Stable release
V17 / 28 October 2019 (2019-10-28)
Operating systemMicrosoft Windows
TypeTechnical analysis program
Websitewww.metastock.com

Early history

In 1982 Steve Achelis started a company named Computer Asset Management to develop financial and technical analysis software for personal computers. Computer Asset Management was renamed Equis International in 1989. Achelis’ first software application, written for the Apple II+, was The Financial Package which calculated various financial planning metrics. The Market Mood Monitor was released in 1984 and was eventually renamed The Technician. The Technician, written for the IBM PC, helped investors analyze and chart broad market conditions using sentiment, momentum, and monetary indicators. MetaStock 1.0 was released in 1986. Both MetaStock and The Technician received PC Magazine’s Editor’s Choice award in April 1986.

While The Technician analyzed broad market conditions, MetaStock analyzed individual securities (stocks, futures, mutual funds, etc.). In response to the increasing demand for real-time analysis of prices, MetaStock RT was released in July 1992. MetaStock RT received live, real-time quotes from Data Broadcasting’s Signal data feed. In 1995, MetaStock 5.0 was released for the Microsoft Windows 3.1 operating system. Later that year, MetaStock added support for the Reuters DataLink end-of-day data feed. This relationship with Reuters led to Reuters purchasing Equis International and its MetaStock software in 1996. In 1998, MetaStock was released for the Reuters Quotron data feed and in 2001 for the Reuters 3000 Xtra electronic trading platform.[3] In June 2013, Thomson Reuters sold MetaStock to Innovative Market Analysis.

Versions
Major releasesYear releasedOperating system
MetaStock 1.01985DOS
MetaStock 2.01987DOS
MetaStock 3.01989DOS
MetaStock 4.0/4.5 RT1992DOS
MetaStock 5.01995Windows 3.1
MetaStock 6.01996Windows95/NT
MetaStock 6.51997Windows95/NT
MetaStock 6.5 for Quotron1998Windows95/NT
MetaStock 6.5 for Reuters Terminal1998Windows95/98/NT
MetaStock 7.01998Windows95/98/NT
Reuters MetaStock Pro 7.12001Windows95/98/NT/2000
MetaStock 8.02002Windows 2000/XP
MetaStock 9.02004Windows 2000/XP
MetaStock 10.02006XP
MetaStock 10.12007XP/Vista
MetaStock 11.02008Windows XP/Vista/7
MetaStock 12.02012Windows XP/Vista/7/8
MetaStock 13.02013Windows XP/Vista/7/8
MetaStock 14.02015Windows 7/8
MetaStock 15.02016 [4]Windows 7/8/10
MetaStock 16.02018 [5]Windows 7/8/10
MetaStock 17.02019Windows 7/8/10

References
  1. Traders, Choose Your Weapon, James T. Holler, Futures, November 1, 2001.
  2. James T. Holler, Futures, November 1, 2003.
  3. Steve Achelis's Vision: Equis International - A Vision for the World of Financing, Consortium for Entrepreneurship Education, 2009 Archived 2012-05-11 at the Wayback Machine
  4. MetaStock User's Manual, Versions 1.0 - 15.0, 1985 - 2016
  5. MetaStock User's Manual, Versions 1.0 - 16.0, 1985 - 2018
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