Unleash the Power of Algorithmic & Automated Trading
MultiCharts is a professional charting and automated trading platform, designed for futures, stock, and forex traders.
A key feature of MultiCharts is the compatibility with industry-standard TradeStation® EasyLanguage®.
EasyLanguage® studies can be customized, optimized, and back-tested prior to implementing them on the real market.
MultiCharts includes very powerful and flexible charting that
handles multi-symbol and multi-timeframe charts, and works with most leading streaming data vendors.
Time-based and Count-based, as well as Bid, Ask, or Trade-based data series can be mixed within the same chart.
According to a reviews in Technical Analysis of STOCKS & COMMODITIES, the premier magazine for technical traders,
"TS Support has come up with something that is fast, flexible, and robust. They seem to have considered the needs of every type of trader when they developed [MultiCharts]."
Please read this and other reviews of MultiCharts by leading financial magazines.
Automated Trade Execution - The Decisive Advantage
Advantages of Automated Trade Execution
Even with a winning strategy, just a short delay in order execution can make all the difference. Automated trade execution lets you harness the full potential of algorithmic trading.
After developing a strategy, the next step is having the strategy actually send the orders. MultiCharts automated trading platform is seamlessly integrated with the Interactive Brokers order execution gateway, making it possible to fully automate the trading process. A PC can send the order long before you can click a mouse button, much less pick up the phone. You can still decide whether to confirm each order execution yourself, or to rely fully on the strategy. In addition to the obvious advantages of convenience, automated trading makes possible the execution of high-frequency trading strategies, such as arbitrage, where the acceptable response time simply would not be sufficient for the manual order entry to be used.
A characteristic feature of MultiCharts Automated Trade Execution is that orders, instead of being sent at the moment that they appear on the chart, are sent at the close of the previous bar. This approach ensures that the prices, at which the orders are actually filled, correspond more closely to the prices on the chart.
Screenshots (click to enlarge):
How it Works
MultiCharts can send trading signals from several charts or even PCs simultaneously. Visual and audio alerts aid in monitoring order status.
Order Types
In addition to Market orders, MultiCharts supports Limit, Stop, Bracket, and One-Cancels-Other (also known as One-Cancels-All) orders.
Unfilled Order Replacement
A transmitted Limit or a Stop order could still go unfilled. Unfilled Strategy Order Replacement option can be used to keep the strategy synchronized with the actual trading position by converting, after a defined period of time, unexecuted Limit or Stop orders to Market orders.
Symbol Mapping
Symbol Dictionary is used to route trading signals from one symbol to another. This becomes necessary when different data source and order execution gateway is used, and the symbol names do not match.
Auto Trading the Same Symbol from Multiple Charts
If the same symbol is traded from multiple charts, market position for each chart is tracked separately.
Financial Advisor Account Support
Financial Advisor Account support offers a possibility of trading multiple sub-accounts using a single main account.
