I've been using Metastock since version 6. I liked version 7.xx but thought version 8 was a dog. I was using Omnitrader as well for a while and was reasonably satisfied with it -- however I missed things like System Tester and the Explorer so I persuaded myself to get the version 9 upgrade in the UK available at the very reasonable price of GBP 99 inc VAT + delivery -- total 106.00 GBP from http://www.paritech.co.uk
Anyway just comparing backtesting methods on some UK shares (TESCO, BSKYB, and British Airways -- codes TSCO, BSY, BAY) the Metastock systems yielded around 200% better than Omnitrader -- version 2003 can't say about 2004.
My first impressions are very favourable -- I don't as yet trade indices, spreads, futures or commodities but simply UK EOD FTSE 100 stocks.
I'll use both for a while until I can understand some of the more obscure parts of TA such as Point and Figure systems.
I'm still a relative newbie at this game -- but even as a beginner it helps to have decent tools and at first glance version 9 seems well worth paying the 100 quid that I might have lost on yesterdays trade anyway.![Eek! :eek: :eek:](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
Anyway just comparing backtesting methods on some UK shares (TESCO, BSKYB, and British Airways -- codes TSCO, BSY, BAY) the Metastock systems yielded around 200% better than Omnitrader -- version 2003 can't say about 2004.
My first impressions are very favourable -- I don't as yet trade indices, spreads, futures or commodities but simply UK EOD FTSE 100 stocks.
I'll use both for a while until I can understand some of the more obscure parts of TA such as Point and Figure systems.
I'm still a relative newbie at this game -- but even as a beginner it helps to have decent tools and at first glance version 9 seems well worth paying the 100 quid that I might have lost on yesterdays trade anyway.
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