I am terribly disappointed in Metastock 12 and what it cannot do. It sounds like they are abandoning the community of users and their preferences in favor of going forward with their own online aganeda and data provider agenda. Attached below is a summary of pros and cons listed by one of the Metastock users group from the presentation made by Metastock recently. As a user community we need to object strongly to Metastock regardiong version 12; that we do not want to be washed out of using Metastock in the future with our older versions, as new computers and operating systems make our older versions obsolete.
Pros 1) Sopposedly faster data access on charts due to improved data on demand 2) New data format. (Older *.dat and *.dop are not supported in Version 12) 3) Eikon replaces Quote Center product 4) Version 11 and 12 can be on the same computer. Once version 12 is activated, Quote Center will not work withing 2 months. Version 12 does not install in the Equis directory. Cons 1) Does not read any data on your C Drive and never will. 2) Without an internet connection version 12 will not read any charts at all. 3) Previous data formats are no longer supported by version 12 or later. 4) ESignal data vendor is no longer supported. 5) Once Eikon activated, Quote Center is disabled in 2 months. 6) The Dowloader does not exist any longer in Version 12 or later. 7) Thomson Reuters claims Version 11 will continue to work, but at some point, there will be a version of windows where Version 11 will no longer work or prior versions of MetaStock. 8) Any manual data entry you've done will never be able to be read with V 12. 9) Third party data vendors such as Worden Brothers and CSI, or Dial Data, OR even Excel imports are NOT supported by Version 12. Version 12 will never read that data and the data can never be imported. 10) Your current C Drive files are useless and cannot be read by Version 12. 11) If your internet is down, Version 12 is not funcitonal. 12) The Mark Leibovit VR Plug In and the Alph Omega Plug in is not compatible with Version 12. 13) Future add ons and plug ins most likely will not be compatible with versions prior to 11. 14) People using third party data vendors other than reuters and quote center will now have to pay for an additional data vendor to maintain what they are currently doing. 15) Eikon is more expensive for real time data than Quote Center Note: If you don't upgrade, and you are a subscriber to Ruters End of Day, Version 11 will continue to read data on your C Drive. --- In [email protected], Richard Dale <richard@...> wrote: > > I have confirmed with Thomson Reuters that the ability to use "MetaStock > format" local data has been removed in the latest upgrade - MetaStock > version 12. It is locked down to only use Thomson Reuters data. > > If you use a data provider other than Thomson Reuters, such as > PremiumData, or might want to consider a different data vendor in the > future, then you should NOT upgrade to MetaStock version 12. > > If you do uprade, you will be locked into using the Thomson Reuters data > feeds. > > > Best regards, > Richard Dale. > Norgate Investor Services > - Premium quality Stock, Futures and Foreign Exchange Data for > markets in Australia, Asia, Canada, Europe, UK & USA - > www.premiumdata.net >
