Metastock is a truly excellent flexible system that you will probably never outgrow. You can design your own indicators etc. There are also plenty of user designed explorations available on the net for free. As an exampel look at http://www.guppytraders.com/Metastock%20Formulas/formula%20index.htm
The important thing to remember is that Metastock will not make you a better trader/investor. What it will do is allow you to test out your ideas on ways of trading stocks. It is what you do as a result of the information Metastock provides that will determine whether you make or lose money.
Good luck
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