Product Review: MetaStock 2 by Dennis D. Peterson
The latest version of MetaStock has several new features. First of all, you can order MetaStock Pro and use a Reuters or eSignal datafeed. For this review, I used Reutersí QuoteCenter datafeed, since it also provided fundamental data. Besides providing fundamental data such as earnings and revenue, there are new indicators, expert systems, and trading strategies. Along with a disk (or download), you can access the short Mastering MetaStock manual, which explains the new features. So what does the fundamental data look like?
Click on an icon at the bottom of the MetaStock screen, one that looks like a histogram, and your fundamental data screen will be presented as a separate screen using your default browser (Figure 1). A series of tabs across the top provide the categories: fundamental, revenue, performance, estimates, fundamental scanner, and help. Fundamental data gives you a snapshot using 24 different calculations and revenue charts with the percentage of net income to revenues going back eight quarters in one chart and four years in a second. If you are not familiar with some of the terms used in the 24 calculations, you can find an explanation under the Help tab.