MultiCharts

MultiCharts

Home  ›  Business  ›  Investment Tools
DOWNLOAD
- 
no rating
-

none

1.0
This program received 2 awards
Questions & answers
Wiki
Suggest a correction

Video tutorial & screenshots

  • Main window
  • Main window
  • Main window
  • Main window
  • Main window

Publisher's description

This review applies to version 7.4. The latest version of this software will soon be reviewed by our informers.

MultiCharts’ advantage is based on building robust trading strategies, accurate market data with minimal delivery time, order execution within milliseconds, and lower-than-average transaction fees.
With tools such as high-definition charting, technical indicators, backtesting, and strategy execution, everything you need is at your fingertips.MultiCharts’ strength is in its features, flexibility, and commitment to following industry programming standards. MultiCharts provides all the necessary features you may need in a trading platform. Our features allow you to create sophisticated trading strategies for your trading. Our flexibility allows you to choose the optimal data vendors and execution gateways. MultiCharts is also compatible with the industry-standard EasyLanguage developed by TradeStation.

What's new in version 7.4

Autotrading now turns off when orders reject more than N times in a row (between 10 and 20 times). This was created to prevent flooding broker servers with orders. If this happens, the user will see an error message that read “Automated trading was stopped due to an excessive number of rejected orders.” The simulator has many features to make results close to real life – sequential ordering remembers your place in queue so fills are realistic. Partial fills happen once you reach the price, and if price moves away, the order is only partially filled. Live real-time data means trading on the same data that is used for live orders. This is a great tool for practicing trading before using real money in a real account. You can use the local SIM or connect to the server-side SIM that’s now provided by ZenFire and Rithmic.

What's new in version 7.2 beta

Local SIM account for ZenFire and Rithmic
We built a simulator into MultiCharts to allow using real-time ZenFire and Rithmic data and submit orders. The orders are not sent to the broker, they are processed locally. The simulator has many features to make results close to real life – sequential ordering remembers your place in queue so fills are realistic. Partial fills happen once you reach the price, and if price moves away, the order is only partially filled. Live real-time data means trading on the same data that is used for live orders. This is a great tool for practicing trading before using real money in a real account. You can use the local SIM or connect to the server-side SIM that’s now provided by ZenFire and Rithmic.
Server-side paper trading for ZenFire and Rithmic
ZenFire and Rithmic APIs added server-side simulation to allow paper trading before users spend real money. In this environment orders are sent to the servers of the broker, and the server sends back replies. The functionality here is probably more expanded than the local SIM, but you can use the Local SIM account for ZenFire or Rithmic if you wish.
Adjust length of order connecting line
Active orders on your chart are connected to the Price Scale by a connecting line. This line was of a predetermined length, which didn’t suit all users. You can now change the length of this line to make orders appear closer to or further away from the Price Scale, depending on personal preference.
Trading Technologies price multiplier
Trading Technologies symbols can now be multiplied to show “correct” prices. Each symbol can be multiplied with a multiplier at the end of Description *Root* in Symbol Dictionary for TT. For example, Microsoft Corp *10, or Microsoft Corp *0.01 (always insert a period, not a comma). Prices will then be converted for TT symbols in OPT and on the chart. This works only for futures, prices for data already in the database are not corrected.
Drag & Drop workspaces
Workspace tabs can now be dragged and dropped to rearrange the sequence in which they appear.
New PowerLanguage keywords accounts and positions from brokers
New keywords to work with Accounts and Positions through PowerLanguage.

Leave a comment

 

loading
Download Software Informer Client