How To Place A Trade Using MultiCharts Trading Software: Introduction

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MultiCharts is a software development company headquartered in Columbus, Ohio. Its flagship software product, MultiCharts, is a professional technical analysis and automated trading software package which features high-definition charting, intuitive order-entry interfaces, advanced analytics, strategy optimization and backtesting. This article will explain how to place a trading using MultiCharts' three order-entry interfaces: the Trade Bar, the Chart Trading panel and the Depth-of-Market (DOM) window. Note: MultiCharts allows simulated trading only for traders who use a Zen-Fire or Rithmic data feed, or who have demo accounts with PFGBest, Interactive Brokers or Mirus Futures. Otherwise, the platform can only be used to place actual trades in a live market.

SEE: Technical Analysis


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by

Jean Folger

Jean Folger
Jean Folger is a technical analyst and system researcher with PowerZone Trading, author of the award-winning book Make Money Trading: How to Build a Winning Trading Business, and a private trader specializing in the e-mini markets. Jean is an affiliate of the Market Technicians Association, a regular contributor to Futures magazine and was previously a real estate broker.

PowerZone Trading develops commercial technical trading indicators and trading systems for the TradeStation, NinjaTrader and MultiCharts trading platforms. The company is a TradeStation EasyLanguage Specialist and Add-on Developer and provides custom programming and consulting services for active traders.

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