Automated Chart Analysis
The Expert Advisor reveals the interpretive analysis of industry professionals through alerts, commentary, symbols and trends. MetaStock allows for various types of alerts; from simple price and volume to complex indicator triggers and multiple conditions that show buy and sell signals. The expert commentary offered by MetaStock shows how experts would assess the chart being viewed. For example, a pre-built shows how Bollinger Bands would be interpreted according to John Bollinger’s rules. The symbols and trends feature automatically alert the user to special conditions as buy and sell arrows, text, audio, or video according to the analysis criteria.
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“Nature is a self-made machine, more perfectly automated than any automated machine. To create something in the image of nature is to create a machine, and it was by learning the inner working of nature that man became a builder of machines.”
—Eric Hoffer (1902–1983)
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“Analysis as an instrument of enlightenment and civilization is good, in so far as it shatters absurd convictions, acts as a solvent upon natural prejudices, and undermines authority; good, in other words, in that it sets free, refines, humanizes, makes slaves ripe for freedom. But it is bad, very bad, in so far as it stands in the way of action, cannot shape the vital forces, maims life at its roots. Analysis can be a very unappetizing affair, as much so as death.”
—Thomas Mann (1875–1955)