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Support Note
While downloading, you may receive an error code. Be sure to check our list of
common error codes, as it is likely that you will find the solution to your
problem. If the code is not on this list, please be sure to provide us with the full
error code and description when contacting us so that we can best assist.
Common
Error Codes
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Here are some transcripts of a Metastock chat room presentation and discussion about MM+ US
that was held on 20th May 2004
[1:04 PM | mmplus] The Paritech MetaMarket+ US program allows you to see Fundamental data for stocks on the NYSE, NASDAQ and AMEX exchanges. MetaMarket+ US “connects” to the MetaStock application and presents the corresponding fundamental information of the active security displayed in MetaStock. MetaMarket+ US also includes a Metastock Extension that allows you to use the fundamental information in Metastock Explorations.
[1:05 PM | mmplus] MetaMarket+ US includes Paritech's MetaStock scanning add-on that allows you to access MetaMarket+ US data from within MetaStock Explorations formulas. Simply click the "Install MetaStock Link" button at the top of MetaMarket+ US to install the add-on into MetaStock. After the MetaStock add-on is installed you can run MetaStock and run scans over the market for stocks that meet your technical and fundamental criteria.
[1:05 PM | mmplus] support page:
[1:05 PM | mmplus] http://www.paritech.com/paritech-site/support/metamarket+/us/metamarketplusus%20-%20manual.htm#_Toc63482259
[1:06 PM | mmplus] http://www.paritech.com/paritech-site/support/metamarket+/us/default-us.asp
[1:06 PM | RICHARDTISCH] ONCE A SECTOR IS SELECTED HOW DO YOU FIND AND USE THE EXPLORER ON THOSE STOCKS
[1:06 PM | mmplus] i invite you to download MM+ and try it now
[1:07 PM | mmplus] (there's a download link on the support page)
[1:07 PM | mmplus] When you run the program for the first time the licensing screen is shown. You can trial the software by ticking the trial option in the licensing screen:
[1:07 PM | mmplus] A subsequent screen will prompt you for the location of your metastock database. Enter the folder location of your database e.g. "C:\MetaStock Data"
[1:09 PM | mmplus] The trial installation of MM+ US only works for companies beginning with "A". When you purchase the MM+ US software from Equis this restriction is removed.
[1:09 PM | mmplus] After installation is complete try displaying the Metastock chart for Apple Computer, Inc. (AAPL) in Metastock. MetaMarket+ US will display the fundamentals for that company.
[1:10 PM | mmplus] To try a Metastock exploration using fundamentals, click the "Install Metastock Link" button to install the scanning capability into Metastock. After the installation is complete you will find a bunch of explorations added to your Metastock explorer (Tools>The explorer... in Metastock). Try the PTUS-10 exploration which has a filter for Technology stocks. In the filter tab you will find ExtFml("mmplus_us.Fund","SECTOR_CODE")=10. (You can see the sector codes for each sector in the help file). Run the scan over your database and all the technology companies beginning with "A" should be in the results (of course if you purchase the software from Equis the scan runs over the entire database rather than just the companies beginning with "A").
[1:21 PM | SymposiumAdmin] [2:18 PM | iCu] Mark, what kind of advantages can this type of analysis give me?
[1:25 PM | mmplus] syntax and lookup tables
[1:25 PM | mmplus] http://www.paritech.com/paritech-site/support/metamarket+/us/html/index.html?idh_syntax.htm
[1:25 PM | mmplus] simply cut and paste these into your formulas
[1:44 PM | mmplus] e.g. PTUS-28- Market Capitalisation (you'll find this in the explorations after you've installed the metastock link)
[1:44 PM | mmplus] ExtFml( "mmplus_us.Fund","SHARES_OUT")*CLOSE
[1:45 PM | MonsterTrader] have you found anyways to back test fundamental data?
[1:45 PM | iCu] Do you have an API or DevKit I could use with MM+?
[1:46 PM | mmplus] n ... it is not possible to access the data apart from within Metastock explorations or copying the MM+ screen contents (e.g. copy to Microsoft Excel to print)
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[1:16 PM | mmplus] http://www.paritech.com/paritech-site/support/metamarket+/us/default-us.asp
[1:18 PM | Jeff] How much historical data is there?
[1:19 PM | mmplus] there is no historical information in MM+
[1:19 PM | Jeff] Is it easy to add fundamental scans to my own scans?
[1:20 PM | mmplus] y .... for example, start metastock and from tools menu start "the explorer"
[1:21 PM | mmplus] select your exploration and click on filter tab
[1:21 PM | mmplus] paste in
[1:21 PM | mmplus] ExtFml( "mmplus_us.Fund","SECTOR_CODE")=10
[1:21 PM | mmplus] that will filter on the technology sector
[1:21 PM | CrazyBrazilian] how often is the data updated in MM+?
[1:22 PM | mmplus] you can see the codes for each sector/industry here:
[1:22 PM | mmplus] http://www.paritech.com/paritech-site/support/metamarket+/us/metamarketplusus%20-%20manual.htm#_Toc63482259
[1:23 PM | mmplus] or go here
[1:23 PM | mmplus] http://www.paritech.com/paritech-site/support/metamarket+/us/html/index.html
[1:23 PM | mmplus] and select "metastock scanning add-on"
[1:23 PM | mmplus] syntax and lookup tables
[1:24 PM | mmplus] http://www.paritech.com/paritech-site/support/metamarket+/us/html/idh_syntax.htm
[1:25 PM | Jeff] Does the data include intrinsic value? Book Value?
[1:27 PM | trademeister] Why should someone consider using fundamental data if they are technical traders? I thought they were diametrically opposed to each other.
[1:33 PM | SymposiumAdmin] [2:08 PM | RICHARDTISCH] ONCE A SECTOR IS SELECTED HOW DO YOU FIND AND USE THE EXPLORER ON THOSE STOCKS
[1:35 PM | SymposiumAdmin] Mark are you typing?
[1:36 PM | mmplus] lookup the sector code for your sector, then enter something like the following into your formula
[1:36 PM | mmplus] ExtFml( "mmplus_us.Fund","SECTOR_CODE")=10
[1:37 PM | mmplus] in this case, i used the SECTOR_CODE table, and chose the technology sector
[1:37 PM | mmplus] to use the GICS industry classification, select the appropriate level of GICS and use it's table name
[1:37 PM | mmplus] e.g. for level 2 of GICS, use G2
[1:38 PM | mmplus] scan thru the syntax to find G2
[1:38 PM | mmplus] http://www.paritech.com/paritech-site/support/metamarket+/us/html/index.html?idh_syntax.htm
[1:39 PM | mmplus] e.g. for Media
[1:39 PM | mmplus] ExtFml("mmplus_us.Fund","G2")=2540
[1:39 PM | mmplus] GICS=global industry classification system
[1:41 PM | mmplus] likewise, you can use any of the following fields
[1:41 PM | mmplus] SHARES_OUT,SHARES_FLOAT,SECTOR_CODE,SALES_PER_SHARE,RETURN_ON_INVESTMENT,RETURN_ON_EQUITY,RETURN_ON_ASSETS,QUICK_RATIO,PROFIT_MARGIN,PRICE_SALES,PRICE_CASH,PRICE_BOOK,PRICE_TO_EARNINGS,OPERATING_MARGIN,MARKET_CAP,INDUSTRY_CODE,GROSS_MARGIN,EXCHANGE_CODE,EMPLOYEES,EARNINGS_PER_SHARE,DIVIDEND_YIELD,PAYOUT_RATIO,DEBT_EQUITY,CURRENT_RATIO,CASH_PER_SHARE,CASH_FLOW_PER_SHARE,BOOK_VALUE_PER_SHARE,ANNUAL_DIVIDEND,G1,G2,G3,G4
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