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Thanks for your email.
Metastock can definitely be used for different kinds of technical analysis.
Just because the "user interface" is set up to make it easier to look at
stocks and commodities doesn't mean that Metastock is limited to "only"
analyzing and system testing stocks and commodities.
Only minor changes would be required to change Metastock into "generic"
technical analysis software.
Many kinds of fundamental data can be entered into Metastock for technical
analysis. Set it up as you would for a mutual fund. Paste your data in 3
times, i.e., into the H, L and C columns of Downloader or use a VBA routine
to set up your XL file in Metastock format for conversion.
Either you think / believe that technical analysis is a valid form of
analysis or you don't? If it's a valid form of analysis, then it's valid for
different types of time series data.
The disconnect between stock price and underlying fundamentals has lead many
to believe that fundamentals are not important and that only the chart
matters. Therefore there is no need to even consider other uses for
Metastock. Whether that will always be the case ... who knows?
Best regards
Walter
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