MetaStock is a professional-grade technical analysis software designed for traders and investors to conduct market research and chart financial data. Developed by Refinitiv, it provides powerful analytical tools, including hundreds of pre-built indicators, custom formula writing, and robust backtesting capabilities. The software allows users to analyze stocks, commodities, options, and futures, helping them identify market trends and potential entry or exit points. MetaStock is widely recognized for its high-performance charting engine and its ability to integrate with various real-time data feeds. It offers both desktop-based versions and cloud-based platforms, catering to the needs of both retail traders and professional financial analysts who require advanced pattern recognition and automated trading system testing to support data-driven decision-making.
In 1982, Steve Achelis established Computer Asset Management to create financial and technical analysis software designed for personal computers.
In 1984, the company launched The Market Mood Monitor, a software tool that would later be rebranded as The Technician.
In 1985, the proprietary software program MetaStock was originally launched by Computer Asset Management, providing users with tools for technical analysis and charting of financial asset prices.
In April 1986, MetaStock 1.0 was released, and both MetaStock and The Technician were honored with PC Magazine’s Editor’s Choice award.
In 1989, the company previously known as Computer Asset Management underwent a corporate name change to Equis International.
In July 1992, MetaStock RT was launched to meet the growing need for real-time market analysis, utilizing live quotes from the Data Broadcasting Signal data feed.
During 1995, MetaStock 5.0 was released for the Windows 3.1 operating system, and the software introduced compatibility with the Reuters DataLink end-of-day data feed.
In 1996, following a strategic partnership involving data feeds, Reuters acquired Equis International and its signature MetaStock software.
In 1998, MetaStock expanded its capabilities by adding support for the Reuters Quotron data feed.
In 2001, MetaStock was updated to support the Reuters 3000 Xtra electronic trading platform.
In June 2013, Thomson Reuters finalized the sale of the MetaStock software brand to the company Innovative Market Analysis.
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