Just received the following via email. Rather than improve the creaky old engine to make it more efficient and usable for daily traders who have been longtime customers, they're trying to cram the new glitz and useless geegaws down our throats. Even long-requested trivial improvements haven't been made (like showing accepted symbol-counts in Explorations, rather than just rejection counts - I could code that for them in 10 minutes). I don't mind upgrades and don't mind paying something for them, but an upgrade should be just that - improvements that make the product work better for me. Restoring local data gets you back the capability I already have in version 11 and removed a deal-killer barrier to my upgrading, but it adds nothing for me; nothing else has been changed or added to the product that would benefit me, from the many demos I've watched and features lists I've read.
There is no reason MS couldn't keep the activation server alive; they're just trying to force us to cough up more cash for nothing beneficial. If it's really that onerous or impossible to do, MetaStock, why not just remove the DRM altogether so we can stay alive after a system crash or other problem in the future? Do you really think so little of your longtime customers who have invested thousands of dollars in your product, plugins and services - are you that desperate for revenue, to resort to "digital extortion", forcing us to pay $249 for (in my case, at least) absolutely no product improvement after ten years?
I'm sure I'm not the only one taking a pass on the last few versions because they really don't add anything to benefit serious traders who develop our own methodologies rather than keep looking for the latest "magic system". Since you're walking away from us, I think it's finally time for me to get serious about finding a modern alternative to MetaStock, even with all the hassle, effort and time that would entail. Now that I think about it, perhaps another way to go is to revert to my v9.1 copy of MetaStock, which has none of this DRM nonsense embarnacling it; I'd have to test my v11 chart layouts and Explorations for compatibility, but I have a feeling they'd work.
We no longer support the licensing technology that allows users to activate MetaStock version 10. Additionally, as of February 1, 2017 we will no longer support the licensing technology that allows users to activate version 11 of MetaStock software.
If you install the MetaStock 10 or 11 on a new computer or new hard drive
If you need to reinstall or reactivate MetaStock 10 or 11 on your current hard drive due to issues with the licensing software
This issue will have no effect on your current version of The Downloader.
Though we will continue to support MetaStock 10 and 11 as much as reasonably possible, if your current version requires installation, or reactivation for any reason, you will no longer be able login in to version 10 or 11 of MetaStock.
We understand that some clients choose to continue using these older versions of MetaStock due to their ability to function with local data and operate offline. In our latest version of MetaStock we have re-incorporated these features.
I totally agree with PTJim. This action is:
Totally lacking in ethics, it does nothing for Equis' image.
Does not give me faith in any additinal future version I may pay for, this fosters a complete lack of trust. How are you supposed to maintain a business relationship with someone you don't trust?
Appears to be nothing short from overt pressure to force existing users to upgrade (cash grab), which should not be expected in all future purchases.
When you outright purchase a copy of Metastock, you own this for life. Period. Metastock owes us all a license at the minimum.
And, most of all this is downright illegal, yes, when I purchased MS 10 and MS 11, I purchased the software and full license. Equis must supply the license as part of that legally binding contract when they sold me software without a product end date and they accepted my cash in return. This is a legally binding contract in any country. Maintaining a licensing server does NOT count towards ongoing support, support is assistance of sorts such as updates/upgrades and resolving unexpected issues. If Equis chose to go down the path of a licencing server then that is their problem, not mine. If Equis no longer want a licensing server, then they must provide an alternative method of supplying a license.
If Equis choose to break the rules whenever they want then it will be time for me to move on in the very least. I'm sure a lot of others will feel the same. Equis was hurting when they removed the Downloader, this will be worse. Now I don't want to move on, so I am publically asking: "Equis, please provide a licensing scheme for future use in MS 10 & 11". Failing this, I will begin to write Equis out of my future investment scheme.
If your license-server vendor has abandoned you, then just remove the DRM from versions 10/11 and be done with it, Equis. Otherwise, you're really putting a damper on any inclination for me to recommend MetaStock to other traders - after putting a couple thousand dollars into it, being told "sorry, we're killing it" tends to do that.
As well I am a user since dos . I have version 10 on an old computer that is dead so I guess I won't ever be using it again but will contact support and hope. They need to look at what their opposition offer. Lifetime licences, run one instance from any machine etc. Forcing an upgrade is really an admission that the upgrade is not very good.
Originally Posted by: KenKsp What I can't believe is that I received an email a few days ago that MS 11 would not work starting 2/1. They purposely gave you NO time to even look into options. All I can say is thank God for Amibroker. Download the free version to test it out like I did.
To be clear, Ken, I believe MS 10/11 won't stop working on Feb. 1st (it had BETTER NOT, I've got enough on my plate this week!), but if you want/need to move MS to another hardware setup, the DRM activation won't work any more to achieve that.
I doubt any of the packaged Experts , Explorations would test profitable with a robust engine. So what do you think your customers really want ? A Dream I guess. Someone to draw arrows where they could of bought yesterday ?
I am not upgrading and wouldn't use it if they gave it to me for free. I have no faith in the companies goals. I have installed version 9 from disk and have recovered my work in ver 10 from the dead pc. I do like metastocks charts for EOD data.
Originally Posted by: damo To be honest, its not the current $10 per month that is really annoying me. Its the fact that it is just another charge I have to deal with. And... we all know how it goes, 10 dollars now, then it ratchets up exponentially. You guys are really giving us a good reason to depart ways forever.Multicharts, Ninja or Amibroker here I come.
I'm new to Amibroker and would like to try to create a database that connect to my Metastock 16. However, during the setup, amibroker require me to locate the "MASTER" file that I couldn't find in my metastock directory, would anyone please advise me how to connect amibroker to metastock as data source? thanks.
Hi SBU888!
Quite curious regarding your contact with Metastock support?
Im atm having issues trying to establish a intraday solution for Amibroker through their Xenith platform. The support is (shockingly) friendly, but they cant seem to find a compatible file for me to place in the Path(s) to Metastock data folder(s) (When using Metastock EOD which i get through "The Downloader 10.1". The Downloader "produces" a MASTER-file who is placed and retrived from this "section". But it dosent seem to be just as easy with intraday data...)
Thomson Reuters may be knowing about significant customer base of Amibroker, which is much more than metastock. If they are not aware, they may be made aware of it. Thomson Reuters may consider it worth to create an API for amibroker or deliver a MASTER, EMASTER, XMASTER, Fxxx.DAT files,
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