MetaStock® Professional

Collecting Your DataWhat is Data?Before you can look at a chart, you must have data. A chart is simply agraphical representation of price data. Price data can include Open,High, Low, Close, Volume, and Open Interest information for a specifictime period. MetaStock Pro can use price data that is stored on your localhard drive, or stored remotely on a computer at your data vendor.Data that is stored remotely at your data vendor is called online data.Online data is accessed through MetaStock Pro's DataOnDemandtechnology. You simply choose a symbol from the online data vendorshortcut, or if you already have a chart open, just type the symbol. Thedata flows instantly to your chart from your data vendor, usually throughthe Internet.Data that is stored on your hard drive is called local data. To view localdata, you must first create a security file, then collect the data throughreal-time collection with MetaStock Professional or end-of-day collectionwith The DownLoader.MetaStock Professional Collecting Your Data • 41