MetaStock - Detailed Review
Finance Tools
MetaStock - Detailed Review Contents
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MetaStock - Product Overview
Primary Function
MetaStock is built around technical analysis, helping traders take a systematic approach to selecting and timing their trades. It provides tools for backtesting strategies, scanning the market for opportunities, and generating buy and sell signals based on predefined criteria.Target Audience
MetaStock is designed for self-directed traders of all levels, including day traders, swing traders, position traders, and end-of-day (EOD) traders. Whether you are just starting out or are a seasoned trader, MetaStock offers solutions to fit various trading styles and needs.Key Features
Real-Time and End-of-Day Options
MetaStock offers two main products: MetaStock Real Time (R/T) for intraday traders who need real-time data, and MetaStock Daily Charts (D/C) for EOD, swing, and position traders who analyze markets after the close.Analysis Tools
- The Explorer: Scans the market to filter and sort securities based on your criteria, identifying potential buy and sell signals.
- The System Tester: Allows you to backtest trading strategies to see how they would have performed in the past.
- The Expert Advisor: Generates buy or sell signals based on the criteria of the selected system.
- The MetaStock FORECASTER: Uses patent-pending technology to forecast future price action and set precise stops and profit targets.
Data and News
MetaStock R/T is powered by Refinitiv XENITH, which provides real-time data, news, analytics, and insights. For EOD traders, MetaStock D/C uses XENITH for Daily Charts, offering comprehensive and reliable global market data.Customization and Add-Ons
Users can customize the software to fit their trading style, and there are various add-ons available that include custom indicators, explorations, system tests, and expert advisors developed by industry experts like John Murphy, John Bollinger, and Steve Bigalow.Global Market Coverage
MetaStock covers a wide range of exchanges and asset classes, including stocks, options, commodities, FOREX, futures, bonds, and indices. This allows traders to analyze and trade various financial instruments from around the globe.User-Friendly Interface
The software is designed to be user-friendly, with pre-defined screens and the ability to customize your desktop to display the content you use most often. It also includes training resources to help users get started effectively. Overall, MetaStock provides a comprehensive suite of tools that help traders make informed decisions, regardless of their trading style or experience level. MetaStock - User Interface and Experience
User Interface Overview
The user interface of MetaStock is feature-rich and designed to cater to the needs of traders at various levels, but it does come with some learning curves and design nuances.Ease of Use
While MetaStock offers a wide array of powerful tools, the initial learning process can be somewhat challenging. Users have reported that it takes time to get accustomed to the software, as it is not the most intuitive platform. However, once the initial hurdles are overcome, the software becomes more manageable. The interface, although not the most modern in design, is functional and provides easy access to various features such as charts, indicators, and market data.Interface Features
MetaStock features several key tools that enhance the user experience:The Explorer
This tool scans the market to filter and sort securities based on predefined criteria, making it easier to identify potential trading opportunities.The System Tester
This allows users to backtest their trading strategies on historical data, providing valuable insights into how a strategy would have performed over time.The Expert Advisor
Generates buy or sell signals based on the criteria of the selected system, which can be adapted or created from scratch to suit individual trading needs.MetaStock FORECASTER
Uses patent-pending technology to predict future price movements and set precise stops and profit targets.User Experience
The overall user experience is enhanced by several features:Customizable Charts and Layouts
MetaStock 19 introduces improved charting workflows, including the ability to use multiple monitors, a new tabbed interface, and drag-and-drop organization. Users can customize charts with various plot styles, colors, and other visual elements.Real-Time Data and News
The Xenith add-on provides real-time news, data, and analysis, making it a valuable resource for traders who need up-to-the-minute information.Customer Support
MetaStock is praised for its great customer support and educational webinars, which help users learn and optimize their use of the software.Design and Layout
The design of MetaStock, while functional, has been described as having an “old-school Windows app design,” which some users find annoying. However, the latest version, MetaStock 19, has made significant improvements in terms of layout functionality, including better use of multiple monitors, tabbed interfaces, and enhanced chart views.Conclusion
In summary, while MetaStock’s user interface requires some time to learn and may not be the most visually appealing, it offers a wealth of features and tools that make it a valuable asset for traders. The software’s functionality and customer support contribute to a positive overall user experience. MetaStock - Key Features and Functionality
MetaStock Overview
MetaStock is a comprehensive finance tool that integrates advanced technical analysis, backtesting, and AI-driven features to help traders and investors make informed decisions. Here are the main features and how they work:The Explorer
The Explorer is a powerful scanning tool that allows you to filter and sort securities based on your specific criteria. It can scan the entire market or selected lists quickly to identify stocks that meet your search parameters, such as finding all stocks that have closed above a 30-period moving average. This feature helps in shortlisting potential trading opportunities efficiently.System Tester
The System Tester enables you to backtest your trading strategies using historical data. This feature allows you to see how your strategy would have performed over time, providing insights into its effectiveness. You can sort and rank the results based on various metrics like Net Profit, % Gain, Number of Trades, and more. This helps in refining your trading strategies and identifying the most profitable approaches.Expert Advisor
The Expert Advisor generates buy or sell signals based on the criteria of the system you have selected. These advisors can be adapted to suit your trading needs or created from scratch. They provide expert advice directly on your trading charts, helping you make timely and informed trading decisions.MetaStock FORECASTER
The MetaStock FORECASTER uses historical data to predict future price actions based on past events. It plots a “probability cloud” based on built-in event recognizers or custom patterns drawn by you. This feature helps in reading detailed analyses of past events, seeing the probable outcomes of current events, and discovering which events a security reacts best to. It is a unique feature that sets MetaStock apart from other platforms.AI Integration through Fulgent AI
Fulgent AI is an advanced addon for MetaStock that integrates artificial intelligence into the platform. It uses classic AI methods such as Neural Networks, Genetic Algorithms, and Fuzzy Logic to analyze hundreds of market factors over decades of historical data. Fulgent AI identifies key indicators of price movement and provides the best possible trade ideas for users. It enhances the effectiveness of indicators and can be used by both beginning and seasoned traders to get AI-based signals within the MetaStock platform.Charting and Visualization
MetaStock offers industry-leading charting capabilities that allow you to view data in a customizable, easy-to-read format. With Next-Level Charting in MetaStock 19, you can create logical and sensible charts that display the data you need. The Power Console updates include enhanced searching capabilities, a dedicated favorites tab, and the ability to minimize the data display range, making it easier to locate and analyze the data you need.Optionscope and Risk Management
MetaStock allows you to monitor Option Chains for sentiment and plot risk, helping you manage your trading positions more effectively. This feature is crucial for traders who need to assess and mitigate risks associated with their trades.Real-Time and End-of-Day Data
MetaStock offers both real-time and end-of-day data analysis. MetaStock Real Time is ideal for intraday traders, while MetaStock Daily Charts is suited for traders who analyze markets after the close. The Fulgent AI addon integrates seamlessly with both real-time and end-of-day data services, providing comprehensive analysis regardless of your trading schedule.Conclusion
These features collectively make MetaStock a powerful tool for traders and investors, offering a combination of technical analysis, backtesting, forecasting, and AI-driven insights to help make more informed trading decisions. MetaStock - Performance and Accuracy
Performance and Accuracy of MetaStock
When evaluating the performance and accuracy of MetaStock in the finance tools category, several key points stand out, along with some areas that could use improvement.
Performance Highlights
- Charting and Analysis: MetaStock is highly praised for its charting capabilities, offering over 400 charts and indicators for global markets. Users can customize these tools extensively, which is a significant advantage for serious traders.
- Backtesting: The software excels in backtesting trading systems, allowing users to test and optimize their strategies using historical data. This feature is considered one of the strongest aspects of MetaStock.
- Forecasting: The “Forecaster” tool uses historical data and pattern recognition to predict future stock prices, which is a unique and valuable feature. However, it’s important to be cautious of potential data mining risks.
- Real-Time Data: MetaStock, particularly the Real-Time version, provides access to real-time data and news through the Refinitiv Xenith platform, which is highly regarded for its reliability and global coverage.
Accuracy
- Data Reliability: The data provided by Refinitiv is robust and reliable, covering a broad range of financial instruments including stocks, bonds, commodities, Forex, options, and indices. This ensures that the analysis and forecasts are based on accurate and up-to-date information.
- System Testing: The backtesting feature allows users to test trading systems with a high degree of accuracy, providing detailed results such as profit vs. “buy and hold” profit, trade efficiency, and the performance of individual stocks.
Limitations and Areas for Improvement
- Learning Curve: One of the significant limitations is the steep learning curve. Users often find it tricky to get the hang of the software initially, and the old-school Windows app design can be annoying.
- No Broker Integration: MetaStock does not integrate directly with brokers, meaning users have to use a separate platform to place trades. This can be inconvenient and may lead to delays in executing trades.
- Formula Language Limitations: The MetaStock Formula Language (MFL) has several limitations, such as the lack of support for loops, indexed arrays, and certain programming constructs. This can make it difficult to implement complex trading strategies and requires users to use workarounds.
- Add-ons Management: The sheer number of add-ons available can be overwhelming to manage. While these add-ons provide additional functionality, they can also complicate the user experience.
- Mac Compatibility: MetaStock is primarily designed for Windows PCs, and some Mac users have reported compatibility issues, which can be a drawback for those using Apple devices.
User Experience
- Customer Support: Despite the limitations, MetaStock is praised for its great customer support and educational webinars, which help users overcome the initial learning curve and make the most out of the software.
- Usability: While the software is not the most intuitive, once users get past the initial learning phase, they can appreciate the automated tools and extensive analysis capabilities.
In summary, MetaStock is a solid choice for serious traders who need advanced charting, backtesting, and forecasting tools. However, it comes with a steep price tag and some notable limitations, particularly in terms of broker integration and formula language capabilities.
MetaStock - Pricing and Plans
The Pricing Structure of MetaStock
The pricing structure of MetaStock is structured into several plans, each with different features and pricing options, to cater to a wide range of users.
MetaStock R/T (Real-Time)
Pricing Options
- This plan is available for $100.00 per month. It requires a separate subscription to Refinitiv Xenith, which provides real-time data, news, analytics, fundamentals, and economic reporting.
- Alternatively, you can purchase MetaStock R/T outright for $1,395.00, still requiring a separate Xenith subscription.
MetaStock D/C (End-of-Day)
Pricing Options
- This plan is offered at $69 per month or $745 per year. You can also purchase it outright for $499.
- The MetaStock D/C plan includes software and global data from Refinitiv Datalink, along with worldwide indices. There are lease options available:
- A monthly lease for $74.95 USD, with the first month free.
- A lease where you buy the first month for $74.95 USD and get the next two months free.
Data Options
- Refinitiv Xenith for MetaStock R/T: Provides real-time data, news, analytics, and more.
- Refinitiv Datalink for MetaStock D/C: Offers historical data starting from 1980 for North American equities, mutual funds, and indices, and even further back for futures.
Features Across Plans
- Both plans include features such as the Explorer, which scans the market to filter securities; the System Tester for backtesting strategies; the Expert Advisor for generating buy or sell signals; and the MetaStock Forecaster for stock price forecasting.
- Additional features include watch lists, automated alerts, comprehensive news feeds, and enhanced charting tools like OptionScope and QuoteCenter.
Free Trial
- MetaStock offers a free one-month trial for any of its products, allowing users to test the features before committing to a purchase or subscription.
This tiered pricing model ensures that users can choose the plan that best fits their trading needs and budget, whether they require real-time data or end-of-day updates.
MetaStock - Integration and Compatibility
Integration with Other Tools
Interactive Brokers
You can create a multi-connection between MetaStock and Interactive Brokers, allowing you to configure multiple data providers and brokers. This setup involves installing MetaStock XENITH, setting up a new connection, and defining sub-connections to different data providers.
Refinitiv XENITH
MetaStock Real-Time is powered by Refinitiv XENITH Real-Time Data and News, which integrates market data, tools, and analytics into a single customizable desktop. This integration provides users with real-time data and news, essential for making informed trading decisions.
Custom Applications
The MetaStock File Library (MSFL) API allows developers to integrate their custom solutions seamlessly with MetaStock. This API supports multiple programming languages (C, C , Pascal, and Visual Basic) and enables the modification of the MetaStock custom toolbar and tools menu to link to external applications or URLs.
Compatibility Across Platforms and Devices
Operating System
MetaStock is primarily designed for Windows operating systems. However, users with Macs can still use the software by employing PC emulation software, although this requires additional setup.
Data Compatibility
The MSFL API ensures compatibility with legacy MetaStock data files (version 11 and previous), making it easy to read and use historical price data. This API is implemented as a 32-bit Windows DLL, ensuring reliability and compatibility with various MetaStock products.
Multi-User Support
The MSFL API also supports multi-user environments, which is beneficial for traders who need to access data simultaneously from different locations or accounts.
Additional Integrations
Third-Party Add-Ons
MetaStock supports a wide range of third-party add-ons, such as Fulgent AI, which provides advanced trading signals and chart pattern recognition. These add-ons can be integrated into the MetaStock platform to enhance trading analysis capabilities.
In summary, MetaStock offers strong integration capabilities with various financial tools and services, ensuring compatibility across different platforms and devices. This makes it a versatile and powerful tool for traders who require comprehensive market analysis and real-time data.
MetaStock - Customer Support and Resources
Customer Support Overview
MetaStock offers a comprehensive array of customer support options and additional resources to ensure users get the most out of their finance tools.Phone Support
MetaStock provides free customer support over the phone. You can reach their support team from Monday to Friday, 7am to 5pm Mountain Time, except for Wednesdays when the hours are from 9am to 5pm. This direct line connects you with knowledgeable team members who are well-versed in technical analysis and the MetaStock products.Live Chat
For immediate assistance, MetaStock offers live online chat support for both sales and customer support inquiries. This service is available during business hours, making it convenient to get help quickly.Online Community and Forum
The MetaStock Forum is an excellent resource for discussions, FAQs, user groups, downloads, and more. This community is a great place to interact with other users, share insights, and find answers to common questions.Email Support
If you prefer to communicate via email, MetaStock provides dedicated email addresses for customer and technical support, as well as for daily charts support. This allows you to send detailed queries and receive comprehensive responses.Training and Support Pages
The MetaStock website has a dedicated support page where you can manage your account, access online training options, submit service requests, and browse tips from industry magazines. There are also extensive libraries of online help, training modules, and FAQs available.Social Media and YouTube
MetaStock engages with users on social media platforms like Facebook and Twitter, providing updates, tips, charts, and news. Additionally, their YouTube channel features a comprehensive library of how-to videos and recorded webinars, which are invaluable for learning and improving your trading skills.Add-Ons and Third-Party Solutions
For advanced users, MetaStock offers third-party add-ons that provide additional functionality, including custom indicators, explorations, system tests, and expert advisors developed by industry experts like John Murphy, John Bollinger, and Steve Bigalow.Institutional Support
For institutional clients, MetaStock Pro for Refinitiv Eikon offers advanced, fully customizable analytical capabilities and comprehensive cross-asset data. This solution includes automatic buy/sell indicators, backtesting, and optimization capabilities, making it a valuable tool for portfolio managers and other institutional investors.Conclusion
Overall, MetaStock’s support options are designed to be accessible, comprehensive, and supportive, ensuring that users can make the most of their trading tools. MetaStock - Pros and Cons
Advantages of MetaStock
MetaStock is a highly regarded tool in the finance and trading sector, offering several significant advantages:Comprehensive Charting and Analysis
MetaStock provides over 400 options for creating custom technical analysis charts and indicators, combining global market data with real-time news. This makes it an excellent choice for serious traders who need top-notch charting and analysis tools.Backtesting and Forecasting
The software excels in backtesting trading systems and forecasting market trends. Its deep backtesting features allow users to see how a strategy would have performed in the past, which is highly valuable for refining trading strategies.Expert Advisors and AI Tools
MetaStock includes automated “Expert Advisors” that help analyze stocks and generate trade ideas. The addition of tools like Fulgent AI, which uses neural networks, genetic algorithms, and fuzzy logic, enhances the platform’s ability to provide actionable signals without needing additional interpretation.Add-ons and Professional Strategies
Users can access a large library of add-on professional strategies and trading systems developed by industry experts. These add-ons can significantly enhance the user’s trading methodology with features like custom indicators, system tests, and advanced signals.Real-Time News and Global Market Data
The platform offers top-notch charts, indicators, and real-time news, making it ideal for traders who operate in global markets. The Xenith add-on is particularly noteworthy as it serves as a great alternative to Bloomberg Terminals.Customer Support and Education
MetaStock provides great customer support and educational webinars, which are beneficial for both beginners and experienced traders looking to improve their skills.Flexibility
The software can be used both online and offline, and users can purchase licenses outright instead of paying monthly. This flexibility is a significant advantage for many traders.Disadvantages of MetaStock
While MetaStock offers many benefits, there are also some notable drawbacks:Learning Curve
The software is not the most intuitive, and learning to use it takes time. The old-school Windows app design can also be annoying for some users.Cost
MetaStock comes with a steep price tag of $265 per month, which can be a significant investment even for serious traders.Add-on Management
There are a large number of add-ons available, which can be overwhelming to keep track of. This can make the platform feel cluttered and less user-friendly.Trading Execution
MetaStock does not connect directly to brokers or allow users to trade directly from the charts. Users must use a separate broker platform to place trades, and they cannot track their profits and losses in real-time within MetaStock itself.User Interface
The different parts of the platform do not always mesh smoothly, which can make the initial setup and use somewhat challenging. Overall, MetaStock is a solid choice for serious traders who value advanced technical analysis tools, real-time news, and global market data, but it may require some time to learn and manage effectively. MetaStock - Comparison with Competitors
When Comparing MetaStock and Its Competitors
When comparing MetaStock, a renowned charting and market analysis tool, with its competitors in the finance tools and AI-driven product category, several key points and alternatives come to light.
Unique Features of MetaStock
- MetaStock is an award-winning platform that has been providing charting and analysis tools for over 30 years. It is particularly popular among self-directed traders for its ability to scan markets, backtest strategies, and generate reliable buy and sell signals for stocks, options, futures, FOREX, and more.
- It supports various types of traders, including day traders, swing traders, and end-of-day (EOD) traders.
- The platform is known for its technical analysis capabilities and market data provision.
Competitors and Alternatives
TradeStation
- TradeStation is one of the top competitors to MetaStock, offering advanced trading platforms and tools. It received 2 million visits in January 2025, indicating its popularity. TradeStation provides backtesting, strategy optimization, and real-time market data, making it a strong alternative for active traders.
NinjaTrader
- NinjaTrader is another significant competitor, known for its comprehensive trading platform that supports various markets, including futures, forex, and stocks. It also offers backtesting and strategy development tools, similar to MetaStock. NinjaTrader had 2 million visits in January 2025, highlighting its user base.
Tradecision
- Tradecision is a trading software that competes with MetaStock by offering tools for backtesting, strategy development, and market analysis. While specific visit numbers are not available, it is listed among the top competitors to MetaStock.
Wealth-Lab
- Wealth-Lab is a trading and analysis platform that provides tools for backtesting, strategy optimization, and market scanning. It had 29.7K visits in January 2025, indicating a dedicated user base. Wealth-Lab is known for its ease of use and comprehensive analysis tools.
Other Alternatives
- DXcharts: Offers customizable financial charts, data feeds, and integration with various market data sources. It is data feed-agnostic and provides native libraries for all platforms.
- AmiBroker: Known for its advanced features such as rotational trading, custom metrics, and backtesters. It also includes an integrated batch processor for automating routine tasks.
- Intellectia.AI: Focuses on investment analysis across stocks, ETFs, and cryptocurrencies using advanced language models. It provides one-click technical analysis and daily stock pick recommendations based on AI analysis.
Key Differences and Considerations
- User Base and Popularity: TradeStation and NinjaTrader have significantly higher traffic compared to other alternatives, indicating a larger user base and potentially more community support and resources.
- Features and Customization: MetaStock and its competitors like TradeStation and NinjaTrader offer extensive backtesting and strategy development tools. However, platforms like DXcharts and AmiBroker provide more customization options and integration capabilities.
- AI Integration: While MetaStock is strong in technical analysis, platforms like Intellectia.AI integrate AI more deeply into their analysis and decision-making processes, which could be appealing to users looking for AI-driven insights.
In summary, MetaStock stands out for its long-standing reputation and comprehensive technical analysis tools, but competitors like TradeStation, NinjaTrader, and Wealth-Lab offer similar functionalities with their own unique features. The choice between these platforms will depend on the specific needs and preferences of the trader, including the level of customization, AI integration, and community support desired.
MetaStock - Frequently Asked Questions
Frequently Asked Questions about MetaStock
What are the different plans offered by MetaStock?
MetaStock offers several plans to cater to different trading needs. The basic plan, MetaStock D/C, costs $59 a month and provides daily charts and end-of-day data, along with tools for technical analysis. For real-time traders, MetaStock R/T is available at $100 a month, offering up-to-the-minute charts. There is also a top-tier plan that combines MetaStock R/T with Refinitiv’s XENITH, which includes real-time news and fundamental data, priced at $265 a month.
What is the difference between MetaStock D/C and MetaStock R/T?
MetaStock D/C is designed for traders who analyze markets after the trading day closes, providing daily charts and end-of-day data. In contrast, MetaStock R/T is for real-time traders, offering intraday updates and real-time data throughout the trading day. MetaStock R/T requires a subscription to Refinitiv’s XENITH data package.
What additional features does the XENITH add-on provide?
The XENITH add-on, provided by Refinitiv, includes real-time news and the ability to screen stocks globally using fundamental data. This add-on is particularly useful for serious traders who need comprehensive and up-to-the-minute market information.
Can I customize the MetaStock software to fit my trading style?
Yes, MetaStock allows significant customization. You can customize the desktop to view the content you use most often, and the software comes with many pre-defined screens that can be adjusted according to your needs. Additionally, MetaStock offers tools for writing custom formulas and creating personalized trading strategies.
Is there a trial or refund policy for MetaStock?
MetaStock offers a 30-day trial period for its products. If you are not satisfied with the software within this period, you can return it for a refund of the purchase price. However, this policy does not apply to subscription plans.
What kind of market data and analysis tools does MetaStock provide?
MetaStock provides a wide range of market data and analysis tools, including scanners, back testers, forecasters, and expert advisors. These tools help traders identify market opportunities, test trading strategies, forecast future price actions, and receive expert advice directly on the charts.
Can I use MetaStock for trading different types of securities?
Yes, MetaStock supports trading various types of securities, including stocks, bonds, mutual funds, futures, commodities, FOREX, and indices. The software is versatile and can be used by traders of all levels and trading styles.
How does the MetaStock Price Predictor work?
The MetaStock Price Predictor uses over 70 “recognizers” to identify specific patterns in stock charts. These recognizers look for historical patterns and predict future price movements based on past events. The tool generates a report that allows you to review and plan your trades more effectively.
Are there any special packages or discounts available for MetaStock?
Yes, MetaStock occasionally offers special packages and discounts. For example, there are upgrade offers from previous versions to the latest version at discounted prices, and there may be promotional offers that include additional resources like the “Unleash the Power of MetaStock” guide.
Can I get live market updates and news with MetaStock?
Yes, with the MetaStock R/T plan combined with the XENITH add-on, you can get live market updates and real-time news. This combination provides comprehensive and up-to-the-minute market information to help you make informed trading decisions.
MetaStock - Conclusion and Recommendation
Final Assessment of MetaStock
MetaStock is a comprehensive and powerful tool in the finance tools category, particularly suited for serious traders and investors who need advanced charting, analysis, and real-time data.Key Features and Benefits
Extensive Charting and Analysis
MetaStock offers over 400 options for creating custom technical analysis charts and indicators, making it a standout for traders who rely heavily on technical analysis.Real-Time Data and News
Powered by Refinitiv XENITH, MetaStock provides real-time data and news, which is crucial for traders who need up-to-the-minute information to make informed decisions.Backtesting and Forecasting
The software includes deep backtesting capabilities and unique stock price forecasting tools, allowing users to test strategies and predict future market trends effectively.Expert Advisors and Custom Strategies
MetaStock features automated “Expert Advisors” and a large library of add-on professional strategies, which can significantly aid in analyzing stocks and making trading decisions.User Support and Education
The platform offers great customer support, educational webinars, and a user-friendly interface once the initial learning curve is overcome.Who Would Benefit Most
MetaStock is ideal for several types of users:Serious Traders
Those who engage in active trading, whether it be stocks, bonds, mutual funds, futures, commodities, FOREX, or indices, will find MetaStock’s tools invaluable for making precise and informed trading decisions.Global Market Traders
Traders operating in global markets will appreciate the comprehensive global market data and real-time news provided by MetaStock.Technical Analysts
Users who focus on technical analysis will benefit from the extensive charting options, indicators, and the ability to program custom patterns and indicators.Pricing and Accessibility
MetaStock offers various pricing options to cater to different needs:MetaStock Real Time
Available as a subscription ($100/month) or a one-time purchase ($1395), requiring a XENITH subscription to operate.MetaStock Daily Charts
For end-of-day traders, this option starts at $59 per month, offering a more affordable entry point while still providing many of the key features.Overall Recommendation
MetaStock is a solid choice for anyone serious about trading or investing, especially those who value top-notch charting and analysis tools. While it may have a steep learning curve and an old-school Windows app design, the benefits it offers in terms of real-time data, backtesting, forecasting, and expert advisors make it well worth the investment.If you are willing to invest time in learning the platform and can afford the subscription or purchase price, MetaStock can significantly enhance your trading capabilities and help you make more accurate and educated trading decisions. However, for those on a tighter budget or preferring more intuitive software, the end-of-day option or other more affordable alternatives might be worth considering.