MultiCharts

Trading from a chart is one of the most popular approaches by discretionary traders. Traders can see price movements along with their indicators, and recognize where appropriate levels will be for price action. Visual chart trading keeps pace with traders needs and they can intuitively drag and drop order onto their chart. It can always be moved to another level if desired. Entire entry and/or exit strategies, like single orders, may also be dropped onto a chart.

This industry-standard tool shows market depth, volume profile and provides one-click trading. MultiCharts’ DOM displays ten price levels each way and allows entry and exit automation directly in the DOM window. See volume at different prices to analyze how supply and demand are interacting and where prices may go.

Staying protected in a fast moving market is a must for all traders. It is easy to drag-and-drop entire strategies. Apply some strategies to existing orders or to entire positions.

Automated trading makes trading high-frequency strategies possible. With trading systems like these, manual order entry would result in unacceptably long delays, and it would not be possible to trade them.

Even with a winning strategy, just a short delay in order execution can make all the difference. After developing a strategy, the next step is to actually send the orders. The key advantage of automated trading is that it can send orders a lot faster than a human being, and this can give you an advantage over the competitors.

Charting is one of the most important aspects of trading software. Traders need to see precise price movements to determine your next move. Charting software needs to be flexible, so that traders can adjust any part of it to their particular needs. 64-bit version of MultiCharts lets you easily view charts of any length, limited only by the amount of memory in your computer.

To make the right choice it is equally important to see the small details and the big picture. In MultiCharts, traders can easily perform multi time frame analysis without cumbersome extras, such as custom DLLs and global variables.

The importance of volume analysis cannot be underestimated. Paying attention to volume can make the crucial difference in understanding how the market will move.

Volume Profile is a vital tool that shows the most traded prices for a particular time period. It plots volume as a histogram on the price bar, so traders can see the levels where they need them.

Volume Delta helps traders keep track of trades that were completed on ask or bid prices in real-time. It plots a series of boxes with volume displayed inside them.

MultiCharts offers you PowerLanguage that is an evolution of EasyLanguage. It allows the creation of simple strategies without requiring any special education. Simply looking at the built-in scripts is enough to understand the logic and begin programming. If a strategy requires complicated logic and thousands of lines of code, then PowerLanguage has practically everything traders need.

Strategies can be based on events (new market data) or on changes in market position at the broker. A strategy can consider both resulting in a complete picture. MultiCharts can recalculate a strategy on every tick, on a bar close, or based on a user-defined timer. Trading strategies can also react to changes in market position and be triggered at a particular level.