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.
Portfolio Trading
Applying a trading strategy to a number of financial instruments simultaneously offers several advantages:
Portfolio diversification could produce more consistent results
Infrequent trading opportunities will be more common across a number of symbols
Portfolio strategies can maximize profit and minimize risks by allocating the capital within a portfolio dynamically, based on each instrument's performance. Keep in mind that trading financial instruments involves substantial risk of loss and is not suitable for all investors
Portfolio strategies can enter, scale-in, scale-out, or exit positions based on the overall portfolio performance
Portfolio strategies are generally more robust and less susceptible to over-optimization
A dynamic portfolio strategy is more then simply a collection of separate strategies, and takes in to account a number of additional factors, such as capital limits, entry orders priority, money and risk management, and overall portfolio performance.
Portfolio Backtesting
Portfolio backtesting offers a number of advantages:
Backtesting a strategy on a single instrument may not produce enough trades to distinguish a pattern from a coincidence
Backtesting a strategy on a number of instruments is more likely to reveal any shortcomings and helps to avoid over-optimization
A robust strategy is likely to demonstrate consistent profitability across various instruments
By backtesting on a diverse portfolio, the instruments most suitable for the particular trading strategy can be selected
True Dynamic Portfolio Backtesting
True Dynamic Portfolio Backtesting simulates the actions of a real trader by taking in to account the overall portfolio considerations dynamically, during the evaluation of each bar. Portfolio equity and the available capital are dynamically evaluated for every instrument, on every bar, in order to determine the amount available to be invested. When available capital is insufficient to enter all of the trading opportunities that arise simultaneously, the best opportunities are selected according to user-customizable criteria. In addition to the performance of a particular instrument, portfolio drawdown or other portfolio performance aspects can be taken in to consideration when making entry and exit decisions.
Screenshot (click to enlarge):
July 19
MultiCharts 4.0 is now in beta testing, please don't miss a chance to test it.
June 28
The official 1.2 version of MCFX has been released.
The upgrade to the official release is mandatory.
June 25
We are glad to announce the release of a MultiCharts 3.1!
May 24
Exclusively from founder of TS SUPPORT: learn 4 principles of the science-based trading.
February 17
Today we launched a new MCFX data server into the production environment.
January 10
Active Trader magazine published the review of MultiCharts.