You do not need the MetaStock program to use MetaMarket+. However, you do need the MetaStock database. If you are running a program such as OmniTrader or HotTrader, then you already have a MetaStock database.
Furthermore, MetaMarket + will only work with a MetaStock database using MSFL version 10.1 and above. If you desire to use the Fundamental scanning within MetaStock, you must be running MetaStock 10.1 or higher.
Updating your data is designed to be as easy as possible. MM+ updates as a service behind the scene and it does so automatically.
With the MetaStock integration that comes with MetaMarket+ 2, you can perform searches on fundamental data through the MetaStock Explorer. Note however that you do need version 2 of MetaMarket+ and MetaStock 8 and higher to do this.
MetaMarket+ includes a MetaStock add-
MetaMarket+ version 1 was designed only to display the Fundamentals information. At the time we knew that Scanning would clearly be useful, and a future version of MetaMarket+ would be designed with this capability. We released MetaMarket+ version 1 because we believe it was a good product as it was.
When going through the update the fundamental data weekly (for Australian users) or quarterly (for US users), many securities will not be found because only a fraction of the securities will have updated fundamentals for any given update. The number of securities with not found data will vary depending on the security, country and the new data that they have available for them at that time.
The first is that you have installed MetaMarket+ before your sharemarket data. If this is the case, the program will not function as it requires a MetaStock format database to be on your computer. If you haven't done so already, install DataDirector and run this program to install your price history data or to download some data. After you have data installed, re-
The second reason is that you have specified an incorrect data folder during the import stage. For most users, the default folder will work fine (this is C:\Shares). However, if your data is stored in a different location (such as if you are using data from another data provider i.e. Reuters), you need to specify this folder.
MetaMarket+ only displays fundamentals for securities in your MetaStock database. Therefore is a company is not in your database for whatever reason, then the program will not be able to display the fundamental data.
MetaMarket+ allows searches using the company name, however MetaMarket+ uses the company names in the MetaStock database. A common cause of missing company names is if a company had a name/code change and it has not been updated in your MetaStock database. Therefore, you must have a name-
MetaMarket+ was written this way because it works in conjunction with MetaStock to display the Fundamentals information for the company being displayed in MetaStock. MetaMarket+ gets the company name from the MetaStock title bar and then displays the matching fundamentals, i.e. it uses the MetaStock company name to find the fundamentals.
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