Detailed Description of IndicesBuilder 2.1

IndicesBuilder allows you to design custom indices using your MetaStock files. The index reflects the average open, high, low, close and volume and allows you to view a chart of it and run tests on it in MetaStock. Moreover, the program creates market breath indicators like Advance/Decline Ratio, Advance/Decline Spread etc.

So it is very easy for you to partition the stock market into sub groups and track each group movement via the analysis of each group's custom made index. There is no limit on the number of stocks that can be added to the index. Furthermore, it is also possible to add stocks to an index that are located in different directories.

Moreover, you can collect your stocks into any number of individual groups for broad market analysis. IndicesBuilder allows you to calculate and plot breadth indicators on sectors, industry groups, or other more focused groupings - not just the market as a whole.

Imagine having the power to easily create your own personalized sectors, industries, ETF stock indexes, or any other combination of stocks you can dream of.

IndicesBuilder makes it easy. Just a few mouse clicks and your stocks are combined just the way you want them.

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