New Web Investment Charting Applet, MetaStock Online, Launched at Equis Web Site.SALT LAKE CITY--(BUSINESS WIRE)--Aug. 25, 1999-- Internet investors who have grown accustomed to free charting applications on the Web have a new, interactive tool that gives them more analysis power than ever: MetaStock(R) Online 2.5. The name MetaStock has been synonymous with synonymous with adjective equivalent to, the same as, identical to, similar to, identified with, equal to, tantamount to, interchangeable with, one and the same as investment charting for 16 years, and now that expertise is available for free on the Internet. Find it at www.equis.com/msonline. MetaStock Online 2.5: So Innovative It Needed a New Name Previous versions of this applet were called MetaStock for Java(TM). Why the new name? "Renaming this applet makes it more accessible to the new generation of investors because MetaStock Online is a better reflection of the way they live and trade," observed Equis Chief Executive Officer Allan McNichol. "More investors enter the markets every day, because of the information and access to markets provided by the Internet." Too often, though, people risk their money trading online with too little information. MetaStock Online makes the most essential analysis tools available and easy to use. "Even a quick look at some basic indicators can be tremendously helpful to the online investor," McNichol noted. Truly Interactive Charts for Internet Investors Other Web charting applications aren't actually interactive. They use static charts. Anytime an online investor makes a change, most Internet charting applications have to go back to the server where the application resides and request a whole new chart. MetaStock Online is a 100 percent Java application A Java program that is run stand alone. The Java Virtual Machine in the client or server is interpreting the instructions. Contrast with Java applet. See servlet. that resides temporarily on the user's computer, allowing them to make changes quickly and easily -- to interact with their charts. MetaStock Online 2.5 is certified 100 percent Pure Java Refers to initiatives from Sun that specify 100% compliance with its Java specification. The goal is to maintain a consistent, single interface for Java so that all Java Virtual Machines can run all Java programs. See Holy Grail. (TM) by Sun Microsystems. MetaStock Online 2.5 includes many new features while retaining all the functionality of MetaStock for Java. It runs in any browser and centers around daily, weekly, monthly, or five-minute delayed intraday charts for U.S. stocks, mutual funds, or indices. Users can choose any one of four charting styles: bars, bars with open, candlesticks, and lines. MetaStock Online's dynamic charts allow users to draw trendlines, insert indicators, scroll, and zoom in and out on charts -- without having to download static images every time they want to make a change. They can also add grids, colors, and drop shadows. A complete online manual walks users through the simple steps for using all these features. With MetaStock Online, investors can also obtain the latest market news. One click of the mouse gives users access to a free, Reuters news page customized to the security they're viewing in MetaStock Online, so they can stay on top of breaking news. New Flexibility for Compound Symbols MetaStock Online 2.5 has added more flexibility to compound symbols. Online investors can now add, subtract, multiply, and divide symbols. For example, a user can build his or her own index simply by typing IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) +NOVL NOVL Novell, Inc. (stock abbreviation, AMEX) +MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade +DELL. And investors who want to compare securities by viewing them together on a chart can plot multiple symbols at the same time. Never before has it been so easy to create custom composites for personalized securities analysis online. Seven New Indicators for More Complete Analysis MetaStock Online also contains seven new indicators, allowing online investors to perform more sophisticated analyses. The new additions are as follows: -- Chaikin Oscillator Chaikin Oscillator An oscillator created by subtracting a 10-day EMA from a 3-day EMA of the accumulation/distribution line. Notes: This indicator is named after its creator, Marc Chaikin. See also: Accumulation/ Distribution, EMA, Technical Analysis (a moving average oscillator oscillator Mechanical or electronic device that produces a back-and-forth periodic motion. A pendulum is a simple mechanical oscillator that swings with a constant amplitude, requiring the addition of energy at each swing only to compensate for the energy lost because of air based on the Accumulation/Distribution Oscillator) -- Comparative Relative Strength (allows investors to compare any two symbols -- typically a security and an index, such as Microsoft and the Nasdaq index -- for easy comparison of relative performance) -- Median Price (the midpoint mid·point n. 1. Mathematics The point of a line segment or curvilinear arc that divides it into two parts of the same length. 2. A position midway between two extremes. of each day's price, allowing for a simpler view of prices) -- Performance (indicates a security's price performance as a percentage -- helpful for comparing the price movements of different securities) -- Price Volume Trend (shows a potentially more accurate view of the flow of money into and out of a security than the similar On Balance Volume indicator) -- Volume (the number of shares trader during a specified time frame, which provides clues to the intensity of price moves) -- Williams %R Williams %R In technical analysis, this is a momentum indicator measuring overbought and oversold levels, similar to a stochastic oscillator. It was developed by Larry Williams and compares a stock's close to the high-low range over a certain period of time, usually 14 days. (a momentum indicator that measures overbought/oversold levels) Added to the existing 14 indicators carried over from MetaStock for Java (Accumulation/Distribution, Bollinger Bands Bollinger Bands Plus or minus two standard deviations where the standard deviations are calculated historically in a moving window estimation. Hence, the bands will widen if the most recent data is more volatile. , CCI CCI Chambre de Commerce et d'Industrie (France) CCI CAM (Complementary and Alternative Medicine) Citation Index CCI Chamber of Commerce and Industry (Western Australia) , Envelope, MACD MACD Moving Average Convergence/Divergence MACD Michigan Association of Conservation Districts MACD Move Add Change or Delete MACD Medium Access Control Device , Momentum, Moving Average, Moving Average Crossover, On Balance Volume, Price Oscillator, Price ROC, RSI (Repetitive Strain Injury) Ailments of the hands, neck, back and eyes due to computer use. The remedy for RSI is frequent breaks which should include stretching or yoga postures. , Stochastics, and Volume Oscillator), these tools make an outstanding analysis arsenal for the online trader. Benefits for MetaStock Online Partners Any business or financial site may include MetaStock Online for its users. To facilitate this program, dozens of other changes were implemented, making it easier to customize MetaStock Online 2.5. Partners in the past have included Reuters, Reality Online (www.moneynet.com), Money Mentor (www.moneymentor.com), and others. MetaStock Online can be translated into different languages and customized to work with international data services who want to become MetaStock Online partners. For example, MetaStock Online 2.5 will make its international debut at the World PC Expo 99 in Tokyo, Japan on Sept. 7, 1999, and the version shown will be in Japanese. For more information about the show, see http://wpc99.nikkeibp.co.jp. Those interested in becoming new MetaStock Online partners should visit www.equis.com/custom.html, or contact Trent Seager, 801/270-3153 or tseager@equis.com. About Equis International Inc. Equis International Inc., develops and markets MetaStock, award-winning investment analysis software for individual investors, traders, stockbrokers, money managers, and professional analysts. The MetaStock Family currently includes MetaStock Professional 6.5 for Signal Online and BMI BMI body mass index. BMI abbr. body mass index Body mass index (BMI) A measurement that has replaced weight as the preferred determinant of obesity. (and other DBC See dBA. (language, parallel) DBC - A data-parallel bit-serial C based on MPL. SRC, Bowie MD. E-mail: <maya@super.org>. feeds), MetaStock Professional 6.5 for Reuters Terminal, MetaStock 6.5 for Windows 95 & NT (and higher), MetaStock Online at http://www.equis.com/msonline, and MetaStock for Windows CE. Equis, based in Salt Lake City, was founded in 1982. In 1996, Equis was acquired by Reuters (Nasdaq:RTRSY), the world's premier news and financial information company. Additional information about Equis and MetaStock can be found online at http://www.equis.com. For evaluation copies, case studies, and other media helps, contact: Catherine Glenn Equis International Inc. 801/270-3130 FAX: 801/265-3999 cglenn@equis.com |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion