Metastock Integration with TickerChart LIVE
MetaStock-integration feature of TickerChart LIVE is the first of its kind in the Middle East and is considered to be one of the most valuable features as well.
Such integration is the best method for all users who want to update MetaStock data automatically by connecting it directly with the stock market. While other programs are still using the traditional and old method which is based on the manual update every single minute for the MetaStock data and which has the following major disadvantages:
Disadvantages of MetaStock Traditional Update Method:
1- Latency in data update as the price shown in the MetaStock is not the Last Price. It’s in fact the price of the previous minute, not the current minute of the market live transactions.
2- Slow manual update. So that to update MetaStock data users has to manually re-call and download the data every minute or even to use some other programs that continuously update the MetaStock which cause what is called Flickering.
3- In case of corporate actions, like stock splits or dividends, the user has to update the data using the manual method.
MetaStock-TickerChart LIVE integration benefits:
TickerChart LIVE once integrated with MetaStock, it will automatically feed it with data directly from the market without the need for any manual actions.
TickerChart LIVE also adjusts the historical market data for corporate activities like the Stocks Splits and dividends, so that all data MetaStock gets will be adjusted and accurate without the need to manually change or adjust the historical quotes.
TickerChart LIVE updates the MetaStock with the Real-time data directly from the market. Therefore, users after the integration process will notice the MetaStock starts to show the live quotes on the charts because TickerChart LIVE automatically updates the data tick-by-tick, reflecting every single transaction in real time without the need to any manual actions.
Integration Requirements:
1- Download and Install TickerChart LIVE version 1.1 or above.
2- MetaStock supported edition 8 or above. MetaStock 10 or 11 are preferred.
3- Make sure you use the MetaStock Professional that supports the intraday data.
4- Make sure that MetaStock edition supports integration with eSignal.
Please click the below Video tutorial to see the integration process
Integration Process:
1- Start TickerChart LIVE and enter the User Name and Password to start the program.
2- Open MetaStock as the following: Go to Start then All Programs, choose Equis International and then click on MetaStock Professional.
3- In step (2) above, make sure that you are using the MetaStock Professional in the Online Mode
4- In the MetaStock menu go as following: File --> Open --> then choose eSignal option from the window appears on the left side.
5- Go to Saudi Stock Market folder.
6- Choose the company and click Open.
7- MetaStock then will open the Chart and get the data directly from TickerChart LIVE which will start to update the MetaStock data on charts automatically with the real-time data, tick-by-tick for every transaction.
Note: To open another company, just repeat the steps from 4 to 7.
