Case Study - Robert Colby
In my thirty-four years of technical
research, I believe that I have seen all of the
analytical tools available. I selected MetaStock
software exclusively for my research in
producing my new book. Equis International, the
company that produces MetaStock, offered me no
incentives to select their software. I used
MetaStock for conducting my research, for
producing my statistical tables, and for
printing my charts. I selected MetaStock for its
wide-range of powerful capabilities, its
flexibility, its ease of use, and its
affordability.
I chose MetaStock because it provides the
following:
- A very large number of analytical tools,
including more than 120 easy-to-use,
built-in indicators that require no formula
writing. Onscreen interpretations show you
how to use each indicator.
- Ability to explore unlimited
possibilities. You can modify indicators,
mix and match combinations of indicators,
and create your own entirely new indicators
to suit your needs.
- Remarkable flexibility--MetaStock can be
adapted to work with any variables, any
technical or fundamental indicators, or any
combinations of different variables.
- System Testing for indicator research
and development, with the ability to
back-test indicators on historical data
without risking any money.
- Optimization--this allows you to
research and develop indicators that would
have maximized Reward/Risk performance over
actual past market data. You can fine-tune
your trading system. MetaStock can test
every possible parameter set and
automatically rank the profit and loss
results for you.
- You can prove or disprove your ideas by
conducting realistic, walk-forward
simulation.
- Flexible, customizable and advanced
charting capabilities, including nine
different charting styles.
- MetaStock Explorer(TM) can scan
thousands of securities to find and rank the
ones that meet your customizable criteria.
- Expert Systems, Expert Advisor(TM),
Expert Alerts, Expert Commentary, and Expert
Symbols offer guidance, tutoring,
assessments, monitoring your securities, and
flagging special conditions.
- MetaStock Performance Systems(R), New
Performance Systems(TM) and 10 Explorations
are designed to increase profitability and
decrease risk.
- Built-in extras include Web Browser,
Online Trading Capability, Tutorial,
Historical Data on CD, Training on CD, and
Technical Support.
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