It is specialized software for Technical Analysis’s and Share Broker. It providers End of Day (EOD) data of BSE (Bombay Stock Exchange, India), NSE (National Stock Exchange) and NSE Futures & Options. It is mainly used to provide data feeds to Advance Analysis Tools like Meta Stock and Advance Gate.

MetaStock was designed as a "tool box" orientated program, that is, a program which affords the greatest display and analysis flexibility to the end user whilst balancing this with an intuitive feature set objectivity. This utility converts ASCII/CSV historic stock data in the following format: stock, open, high, low, close, volume to MetaStock format. MetaStock data can then be imported into your technical analysis package.