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Since it is called V7.2, it probably wont be a great deal different than
V7.03. Some features that build on the present ones seem probable. Now if
it were a version 8, there might be more new features.
I noticed that V 7.0x seems to have an improved version of the random walk
index. I complained about the original metastock formulation of this index
as it did not conform to Poulos' formulation and the results were poor.
Unless I missed it, Equis did not publicize this improvement.
Lionel Issen
lissen@xxxxxxxxx
----- Original Message -----
From: "Larry" <amernick@xxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Thursday, March 22, 2001 6:54 PM
Subject: Re: Metastock 7.2 Upgrade Information
> Ispoke with Equistoday. the new specs on the Metastock 7.2 won't be up on
the
> website until next Tuesday. the specs on the website describe the 7.00
series.
>
> Ron Stockstill wrote:
>
> > The upgrade information is on the Equis website at
> > http://www.equis.com/metastock/windows95nt/70upgrade.html.
> >
> > It is not very clear as to what is new over version 7.03. Most of the
> > features listed appear to
> > already be in version 7.03.
> >
> > There does not appear to be any information about compatibility of the
7.0x
> > developer's toolkit with the new version (presumably this works just
fine).
> > Also, no statement can be found on compatibility of any purchased
add-ins
> > with the new upgrade. Presumably we will need to
> > contact each vendor for suitability and/or upgrade costs. A current
list
> > of 3rd party vendor websites would be helpful as well. Here is my known
> > list:
> >
> > www.tsagroup.com
> > www.debry.com
> > www.tetrahex.com
> >
> > I did receive this information on Yahoo Clubs from EQUISPR (Equis press
> > release??):
> >
> > MetaStock® now contains more ready-made trading tools than ever before.
> > MetaStock Performance Systems(tm) are 26 new trading systems built into
> > MetaStock 7.2. These systems are designed to be profitable over a large
> > database of securities, not just two or three. They have also been shown
to
> > have a high percentage of wins compared with a buy-and-hold strategy. In
> > addition, other changes have been made in MetaStock, including resizable
> > formula editor dialogs, the ability for URLs in the custom toolbar to
pass
> > literals (such as symbols), an expanded color palette, and new
> > Internet-related features that make it more Internet-capable than any
other
> > trading software available.
> >
> > Traders may choose MetaStock 7.2 on a monthly subscription plan or
through a
> > one-time purchase. The monthly subscription plan includes MetaStock 7.2,
the
> > Professional Package of Reuters DataLink data, and all upgrades as soon
as
> > they become available, at a price of $59 per month. The data includes
> > unlimited history for all U.S. and Canadian stocks, U.S. futures
markets,
> > and unlimited quotes on all U.S. mutual funds and all indices (market
> > averages, market indicators, and international quotes). This data
package
> > alone is worth $64.95 per month, making the MetaStock lease a bargain
for
> > Reuters DataLink customers.
> >
> > MetaStock is also available for a one-time purchase price of $449.
Customers
> > who choose this option will still need to pay for monthly data from
Reuters
> > DataLink or one of five other data providers.
> > Either option is available through Equis (by phone at 800-882-3040, fax
at
> > 801-265-3999, email at sales@xxxxxxxxx, or online at www.equis.com) and
> > through authorized MetaStock dealers.
> >
> > The new lease option seems to match the AIQ pricing policy (at least for
> > EOD but probably not real-time and does not include the professional
> > version???).
> > It is not clear on how the pricing for real-time feeds are affected.
> > Hopefully
> > this information can be found on the Equis website. I believe the
Metastock
> > mentioned for 449 is the EOD version and not the professional version of
> > Metastock.
> > The professional in the sentence refers only to the data package.
> > Hopefully,
> > Equis will clarify this for us.
> >
> > In addition, TSAgroup is offering the following (presumably a part of
7.2
> > but maybe not)
> > Also, not clear if the plug-in is included in 7.2 but probably not along
> > with the additional trading systems. Also, not clear if the 7.2 upgrade
> > is needed to use the plug-in:
> >
> > ***** In This Issue *****
> >
> > -- MetaStock Performance Systems(tm) and MetaStock
> > Performance System Plus(tm)
> >
> > For the last 6+ months we have been working
> > together with Equis International, the makers of
> > MetaStock, in a fantastic new release of 80 trading
> > systems.
> >
> > MetaStock Performance Systems is a set of 26
> > trading systems with indicators, explorations, and
> > expert advisors. They have been tested and are
> > ready to go. The systems have been shown to
> > consistently outperform buy and hold for the amount
> > of time in each trade. And the best part: It will
> > be included FREE in MetaStock 7.2.
> >
> > MetaStock Performance Systems Plus is another 54
> > trading systems, with corresponding indicators,
> > explorations, and expert advisors chosen with the
> > same rigorous testing standards as the Performance
> > Systems.
> >
> > These systems were selected out of sever hundred
> > systems and several variations, amounting to
> > thousands of tests for profitability. Unlike other
> > trading systems, these were not tested on just a
> > few stocks each but were tested on several thousand
> > stocks each. When you get the Performance Systems
> > and Performance Systems Plus plug-in, you will also
> > get a whole new type of exploration. This
> > exploration allows you to conduct a points-only
> > system test for each system across your entire
> > database of stocks at one time. The exploration
> > also shows you the trade efficiency performance of
> > the system against buy-and-hold, FOR EVERY STOCK IN
> > THE DATABASE. This is a whole new type of analysis
> > power never before available in MetaStock.
> >
> > We're proud to have been able to develop this for
> > Equis International, and we are very excited to see
> > how customers like this new power. For information
> > on the MetaStock Performance Systems or the
> > MetaStock Performance Systems Plus, you will need
> > to contact Equis International sales at 800-882-
> > 3040 or 801-265-9996. The expected release date is
> > April 1st so they probably will be unable to assist
> > much before then.
> >
> > Trading Systems Analysis Group
> > P.O. Box 521676
> > Salt Lake City, UT 84152-1676
> > http://www.tsagroup.com
> >
> > Thanks,
> >
> > Ron Stockstill
>
>
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