Beginner's Guide To MultiCharts Trading Platform: Advanced Features
  1. Beginner's Guide To MultiCharts Trading Platform: Introduction
  2. Beginner's Guide To MultiCharts Trading Platform: Software Installation
  3. Beginner's Guide To MultiCharts Trading Platform: MultiCharts Application Window
  4. Beginner's Guide To MultiCharts Trading Platform: Charts And Settings
  5. Beginner's Guide To MultiCharts Trading Platform: Trading
  6. Beginner's Guide To MultiCharts Trading Platform: Depth Of Market
  7. Beginner's Guide To MultiCharts Trading Platform: Advanced Features
  8. Beginner's Guide To MultiCharts Trading Platform: Conclusion

Beginner's Guide To MultiCharts Trading Platform: Advanced Features

MultiCharts supports automated trading, including the ability to perform backtesting on historical data, strategy optimization and walk-forward testing. It comes with over 200 pre-built studies utilizing many popular trading concepts. The trader has access to the code and can modify any study to fit his or her exact needs. In addition, the trader can write his or her own code in the PowerLanguage environment or work with a qualified programmer to develop any indicators and strategies.
Figure 32: Advanced features
Source: www.multicharts.com


SEE: The Pros And Cons Of Automated Trading Systems Beginner's Guide To MultiCharts Trading Platform: Conclusion

  1. Beginner's Guide To MultiCharts Trading Platform: Introduction
  2. Beginner's Guide To MultiCharts Trading Platform: Software Installation
  3. Beginner's Guide To MultiCharts Trading Platform: MultiCharts Application Window
  4. Beginner's Guide To MultiCharts Trading Platform: Charts And Settings
  5. Beginner's Guide To MultiCharts Trading Platform: Trading
  6. Beginner's Guide To MultiCharts Trading Platform: Depth Of Market
  7. Beginner's Guide To MultiCharts Trading Platform: Advanced Features
  8. Beginner's Guide To MultiCharts Trading Platform: Conclusion
RELATED TERMS
  1. Backtesting

    The process of testing a trading strategy on prior time periods. ...
  2. Look-Ahead Bias

    Bias created by the use of information or data in a study or ...
  3. Message Authentication Code - MAC

    A security code that is typed in by the user of a computer to ...
  4. With Discretion

    A type of limit order that can be modified by a floor broker ...
  5. Internal Revenue Code - IRC

    The comprehensive set of tax laws created by the Internat Revenue ...
  6. Standard Industrial Classification - SIC Code

    A standard series of four-digit codes created by the U.S. government ...
RELATED FAQS
  1. How do quant traders build the relative strength index (RSI) into their algorithms?

    Learn how quantitative traders build the relative strength index (RSI) into their algorithms. Explore how automated trading ... Read Answer >>
  2. How do businesses calculate their marginal utility?

    See why, even though businesses do not have marginal utility of their own, a firm can apply the concept of diminishing marginal ... Read Answer >>
  3. How do I implement a Forex Signal System into a forex trading strategy?

    Learn how traders use different types of forex signal systems such as trend-based or range-based to create or supplement ... Read Answer >>
  4. Darth Vader, CFA, will begin a new job next week with a regional brokerage firm ...

    The correct answer is: b) Standard III(A)- Inform Employer of Code and Standards mandates that a covered person inform his ... Read Answer >>
  5. How can I tell if a utility will be able to pay off its debt?

    Take a deeper look at the use of debt financing within the utilities sector, and learn about some ways that investors can ... Read Answer >>
  6. What is the best method of analysis for forex trading?

    Types Of Analysis Used In ForexForex analysis is used by the retail forex day trader to determine whether to buy or sell ... Read Answer >>
Hot Definitions
  1. Labor Market

    The labor market refers to the supply and demand for labor, in which employees provide the supply and employers the demand. ...
  2. Demand Curve

    The demand curve is a graphical representation of the relationship between the price of a good or service and the quantity ...
  3. Goldilocks Economy

    An economy that is not so hot that it causes inflation, and not so cold that it causes a recession. This term is used to ...
  4. White Squire

    Very similar to a "white knight", but instead of purchasing a majority interest, the squire purchases a lesser interest in ...
  5. MACD Technical Indicator

    Moving Average Convergence Divergence (or MACD) is a trend-following momentum indicator that shows the relationship between ...
  6. Over-The-Counter - OTC

    Over-The-Counter (or OTC) is a security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, ...
Trading Center