US Stock EOD: Metastock or TC2000?

Hi,

I need a US stock EOD software and am considering which one to go for, Metastock or TC2000.

I am more impressed by Metastock, but the monthly subscription fee of $59.00 seems a bit expensive, although the price includes data feed.

TC2000 requires only $29.75 per monthly, but I am not sure whether this includes both the software and the data feed. Moreover, I seem to have heard there is some problem with TC2000. Is it true?

If you have experience with either or both, can you please tell me about you opinions about either or both of them? What do you think are their pros & cons?

Thanks a lot indeed.

$29.95 includes the data feed for TC2000 but this is not a truely realtime product although it is very good for scanning requirements.


Paul

Hi clylbw

It depends what your looking for. Metastock is a lot more programmable for detailed scans, but on the downside it takes quite a while to flick from one stock to the next

TC2000 is less programmable (but fine for what I needed), but you can flick through the charts a lot quicker, but the trendlines leave a lot to be desired
As Trader333 has said the $30 for TC2000 does include the datafeed, and a delayed feed of 20 minutes

My personal choice would be TC2000 - cheaper and easy chart flicking

HTH - If not then Skim is the best person to ask. Sorry for dropping you in it Skim

If U're happy 2 buy Metastock, Y not go 4 both & use TC's datafeed. (TC software is free, U onlpy pay 4 the data). That way U'll pay $29.75 4 the data, not $59 & U get fundies scanning with TC & TA scanning with MS. Once set up, it's quite easy 2 transfer TC's data into MS using the Downloader that comes with MS. I've been doing this for 2 years now with minimal problems.

FTSE Beater

Have you used Layouts in MS?..You create a Layout with all the indicators you want to see and once the chart is open just type the epic or name and the chart will change...that takes care of 'flicking' on a 2 Ghz machine it is like lightening..

All layouts can be given an icon for quick use...

But if one runs explorations (which takes few mins for 80 odd explorations) then save the selected few as favourites...for flicking

Also if one uses scroll wheel mouse then flicking is a doddle...

MS is a copmplex package and one needs to know all aspects to use it properly...

My two bit worth....

Hi,

You can also choose ensignsoftware for $39.95.
you can download during anytime during the day which is up to the minute.
You can also view eminis also.
They even have there own chatroom and have lessons on the program every wednesday.

thx

Hi Zambuck

I haven't used it myself - I've only be shown it and it seemed slow. If they have improved this, then it is a giant leap in the right direction. Good on you Metastock

My take has already been said by RearAdmiral - buy Metastock EOD, and subscribe to TC2000. Then you can use TC2000 for some scanning and also export the data into Metastock for further scanning and tweaking.

TC2000 is EOD, although you can update your data at any time throughout the day and it will be correct up to 20 minutes previously. This makes it very good if you are looking for certain patterns and place your buy/sell orders in the last half hour of trading.

That would sort you out for US.

If you want to do the similar sort of thing for UK, then subscribe to ShareScope at £11.75 per month for data, and again export this into Metastock.

By doing it like this you can really get to grips with Metastock and learn it inside out and back to front, and use it for UK and US.