MetaStock DC (Daily Charts) Overview
Discover MetaStock: Your Gateway to Market Mastery
Unlock the Potential of the Markets with MetaStock
MetaStock is your indispensable partner in the world of trading, offering a suite of powerful tools tailored for both novice and experienced investors. Designed to maximize your trading potential, MetaStock equips you with everything you need to analyze, strategize, and succeed in the markets.
MetaStock does not place trades.
It helps you analyze price action and test ideas using real market data.
Data note: Daily Charts is typically paired with an end-of-day data service.
Some users prefer continuously delayed updates during the trading day.
Ask us about the best data option for your region and workflow.
Metastock 20 - What's New?
Solutions for Day Traders.
Built for end-of-day, swing, and position trading
MetaStock Daily Charts is designed for traders who want strong analysis without needing tick-by-tick data.
Review charts, run scans, and plan trades after the close, then return the next day with a clear plan.
Whether you follow stocks, options, futures, commodities, forex, bonds, or indexes, MetaStock D/C gives you a full technical analysis toolbox.
You can also build and manage lists so you stay focused on the instruments you actually trade.
With MetaStock D/C, you can
- Chart most market instruments and timeframes
- Scan the market to identify opportunities based on your criteria
- Backtest strategies and review past performance
- Forecast possible future movement based on past events
- See chart-based guidance from widely used analysis approaches
- Track watchlists and performance with less clutter
- Review option chains for sentiment and risk context
- Use clear, professional charting tools for daily analysis
MetaStock D/C includes many ready-to-use tools out of the box.
You can also customize them to match your trading approach.
"MetaStock is obviously made by people who understand traders' needs. It's a complete package that's easy to use, no matter what kind of securities you trade.
It's the single tool that's allowed me to fine-tune my trading approach, pursue my avocation and build a satisfying retirement."
Ways to get started
You can purchase MetaStock Daily Charts as a one-time software license, or choose a monthly or annual subscription.
Data service is typically separate and depends on the markets you follow.
There are two ways to begin using MetaStock DC:
Buy It
One-Time Purchase
Once you purchase the software it is yours to keep. However, before you purchase MetaStock Daily Charts you will need to decide which datafeed you will be using.
Your datafeed will be a monthly or yearly subscription. Daily Charts works with Datalink
Monthly
Subscription Version
(Receive 1 Month Free Trial)
Purchase a MetaStock Daily Charts subscription with monthly or yearly billing. You will receive full access to MetaStock Daily Charts PLUS end-of-day data from Refinitiv DataLink. [Note: Product is downloadable immediately after signing up.]
Features
Scan markets with Explorer
Run explorations to scan large symbol lists for conditions you care about.
Start with built-in scans, then adjust rules as you refine your process.
Expert Advisor guidance on the chart
The Expert Advisor can add context directly on your charts and help highlight conditions that matter.
Use it as a second set of eyes, then confirm with your own rules.
System Tester for strategy testing
Test strategies against historical data to understand performance across different conditions.
Use results to improve entries, exits, and risk settings before you commit capital.
Forecaster for scenario planning
Forecasting tools can help you visualize possible future outcomes based on past behavior.
Use this for planning and risk awareness, not certainty.
Option tools and watchlist workflow
Organize lists, monitor performance, and review options data when you need it.
Keep your workflow simple so you can spend time on decisions, not housekeeping.
Charting
MetaStock Sets the Standard in Charting
MetaStock gives you nine of the most widely-used price charting styles:
Bars |
Line |
Candlesticks |
Point & Figure
|
Kagi
|
Renko
|
Three-Line Break
|
Equivolume
|
Candlevolume
|
The MetaStock Expert Advisor - Consult the Experts
When and where you need it, the MetaStock Expert Advisor provides you with the advice of industry professionals. With a single mouse click, you may access the industry's most popular systems and charting styles. Do you require additional information? Select the comments screen to view detailed information about the security you are tracking. You can study, for example, "What is a MACD and where should the buy and sell signals appear on the chart?" You can also design your own system with the simple MetaStock formula language.
Expert Alerts keep you up to date on current market conditions. Simple price and volume alerts or complex indicator triggers and multiple condition alerts can be used.
Expert Commentary explains in great depth how your expert evaluates the chart you're looking at. Is it time to purchase, sell, or hold? If so, why? You obtain knowledge gleaned from years of research and real-world trading.
Expert Symbols and Trends – Buy and sell arrows, text, or any other symbols in the MetaStock palette automatically flag special conditions, according to your criteria.
The Enhanced System Tester - Test Your Trading Ideas
Create, back-test, compare, and perfect your strategies with The Enhanced System Tester before putting your money at risk in the markets. System testing can help answer the question, "How much money would I have made or lost if I had traded this security using these trading rules?" Testing a trading method historically is the most reliable technique to boost your confidence in it. The Enhanced System Tester allows you to evaluate a group of stocks to a group of trading systems to choose the optimal scenario.
Designed to simulate real trading scenarios, the Enhanced System Tester allows you to change variables such as entry, exit, order sizes, commissions, and more. This tool gives you incredible customization, comprehensive results, and detailed reports so that you can find the most historically successful trading scenario.
The Enhanced System Tester gives you the power to take huge amounts of past data and use it to analyze and predict what trading systems will be the most profitable.
Indicators & Trading Systems
MetaStock Indicators
With MetaStock's extensive collection of indicators and line studies (over 150 in total), you may analyze the market with the wisdom of history's most recognized traders. The built-in indicator interpretations in MetaStock even assist you in understanding how to trade each indicator. The Indicator Builder allows advanced users to create their own indicators.
42 Adaptive Indicators
Standard indicators use a fixed look-back period, which makes them less responsive to prevailing market conditions. MetaStock 20 incorporates 42 Adaptive Indicators with dynamic look-back functionality based on volatility, cycle, or a combination of both. This method provides the most responsive and accurate results.
Write your own system
MetaStock knows that many of our clients have their own ideas about what makes a great system. The MetaStock formula language is easy to learn and allows you to create just about any system you can think of. Not into programming? Tell us what you want and we'll do it for a nominal fee. Find out more about custom formula requests.
Stop Indicators
The best trading systems will fall short without a good exit strategy. MetaStock stop indicators help your system know when it's time to get out of the trade:
- Intellistops - these self-adjusting trailing stops do away with the old static stop systems, which are set at a fixed percentage from price. Intellistops are adaptive and adjust dynamically based on the current price activity of the security. Intellistops adjust according to cycles, volatility, and other conditions.
- Chandelier Stops - As the name indicates, Chandelier stops "hang" the sell stop from the extreme high reached over a predetermined period. When used properly, in tandem with other trading systems, Chandelier stops have been shown to produce profits even with randomly selected entries on a diversified group of futures.
The RMO System
This revolutionary trend-based system was developed by Rahul Mohindar. It incorporates a three-step indicator triggered by the Rahul Mohindar Oscillator and has become one of the most popular systems in MetaStock for its ease of use and reliability.
The Performance Systems
Trade at a higher level of confidence and expertise than you ever thought possible with the 26 trading systems included in MetaStock. Chosen after countless hours of intensive testing and rigorous research, these systems have a highly successful track record of profitable results.
We added state-of-the-art exploration tools to 10 of these systems. These explorations perform system testing - on not just one security - but over an entire database of securities. Plus, you'll get buy/hold vs. buy/sell comparisons, and buy/sell alerts to further assure your trade has the highest probability of success.
Indicators
MetaStock has over 150 built-in indicators and line studies to help you analyze market movement - all easy to place on a chart with a simple drag-and-drop.
MetaStock's built-in indicator interpretations even help you understand how each indicator can be traded. And each indicator's parameters can be easily adjusted to what you think works best.
MetaStock Indicator Listing
| Accumulation/Distribution |
Accumulation Swing Index |
Adaptive Moving Average |
| Advance Decline Line |
Alpha |
Andrews Pitchfork |
| Arms Index (TRIN) |
Aroon |
Average True Range |
| Beta |
Binary Wave (5) |
Bollinger Bands |
| Bull Power Bear Power 1 |
Bull Power Bear Power 2 |
Bull Power Bear Power 3 |
| Commodity Channel Index |
Chaikin A/D Oscillator |
Chaikin Money Flow |
| Chaikin Volatility |
Chande Forecast Oscillator |
Chande Momentum Oscillator |
| CMO Reversal |
Commodity Channel Index |
Commodity Selection Index |
| Consolidation Breakout |
Cooper 1234 Pattern |
Correlation Analysis |
| Cycle Lines |
Cycle Progression |
Dema |
| Demand Index |
Detrended Price Oscillator |
Directional Movement (5) |
| Dynamic Momentum Index |
Dynamic Momentum Index 1 |
Ease of Movement |
| Ellipse |
Envelope |
Equidistant Channel Line |
| Exponential Moving Average |
Fibonacci Arcs |
Fibonacci Fans |
| Fibonacci Retracements |
Fibonacci Time Zones |
Forecast Oscillator |
| Fourier Transform |
Fractal Trading System 1 |
Fractal Trading System 2 |
| Gann Angles |
Gann Fans |
Gann Grids |
| Gann Line |
Herrick Payoff Index |
Horizontal Line |
| Ichimoku Kinko |
Intraday Momentum |
Klinger Oscillator |
| Linear Regression |
Linear Regression Lines |
Linear Regression Slope |
| Long Sell Short Sale - 5 Day |
MACD (2) |
MACD Histogram 1 |
| MACD Histogram 2 |
Market Facilitation Index |
McClellan Oscillator |
| McClellan Summation Index |
Meisels Overbought/Oversold |
Median Price |
| MESA Sine Wave |
Momentum |
Money Flow Index |
| Moving Average - Simple |
Moving Average - Exponential |
Moving Average - Weighted |
| Moving Average - Time Series |
Moving Average - Triangular |
Moving Average - Ribbon |
| Moving Average - Variable |
Moving Average - Volume Adjusted |
Negative Volume Index |
| Odds Probability Cones |
On Balance Volume |
Open Interest |
| Option Delta |
Option Expiration |
Option Gamma |
| Option Life |
Option Price |
Option Theta |
| Option Vega |
Option Volatility |
Parabolic SAR |
| Pattern Trading System 1 |
Percent Retracement |
Percentage Crossover 3% |
| Performance |
Polarized Fractal Efficiency |
Positive Volume Index |
| Price Oscillator |
Projection Price Bands Channel |
Projection Oscillator |
| Projection Oscillator 1 |
Qstick |
Quadrant Lines |
| r-squared |
Raff Regression Channel |
Rainbow Band Upper |
| Rainbow Band Lower |
Rainbow Max |
Rainbow Min |
| Rainbow Oscillator |
Random Walk Index |
Range Indicator |
| Rectangle |
Relative Momentum Index |
Relative Performance |
| Relative Strength Index |
Relative Volatility Index |
Semi-Log Trendline |
| Sine Wave 5-unit Standing |
Speed Resistance Lines |
Spread |
| Standard Deviation |
Standard Error |
StochRSI |
| Stochastic Momentum Index |
Stochastic Oscillator |
Squat Bar |
| Swing Index |
Tema |
Time Series Forecast |
| Tirone Levels |
Trade Volume Index |
Trendlines |
| Trendline by Angle |
TRIX |
Typical Price |
| Ultimate Oscillator |
Vertical Horizontal Filter |
Vertical Line |
| Volatility Breakout (Chaikin) |
Volatility Indicators (3) |
Volume |
| Volume Oscillator |
Volume Rate of Change |
Weighted Close |
| Wilder's Smoothing |
Williams' A/D, %R |
Zig Zag |
Videos
Kelly Clement presents a comprehensive overview of MetaStock 20, featuring Offline Mode & Local Data.
This brief video presented by Scott Brown, President of MetaStock, discusses the MetaStock FORECASTER, available in MetaStock XIII.
A brief description of the MetaStock Expert Advisor
This is a brief introduction to Refinitiv XENITH, the latest real-time data, news and analysis package from MetaStock.
Requirements
Operating Systems Supported:
Hardware guidance
- Modern multi-core CPU
- 16 GB RAM recommended
- SSD recommended
- Internet connection for data access and updates
Exact requirements can vary by MetaStock version and your chosen data service.
Send us your PC specs and we will confirm fit.