What is EasyLanguage?
EasyLanguage is a programming language that was developed by TradeStation Securities. It is a popular language because it’s easy to learn without specialized training, but at the same time, it is very powerful for trading purposes. The popularity of this language is so widespread that it can be considered the standard programming language in the trading industry.
EasyLanguage code has been in development for more than 20 years, which means it has one of the biggest collections of trading ideas in the world already implemented. EasyLanguage indicators and strategies are widely available across the internet and in major trading publications, which gives all MultiCharts users an advantage over people using other platforms.
Compatibility with another language is much harder to accomplish than controlling your own language, but we decided to go the harder route to give our users the maximum benefit. MultiCharts lets you use the large existing knowledge base of EasyLanguage strategies, which has been continually added to for the past 20 years.
EasyLanguage Compatibility
Again, compatibility is hard to accomplish. We had to analyze EasyLanguage syntax, simulate script execution, and test hundreds of unique scenarios. It’s important to note that complete compatibility is not possible because languages evolve and change over time. Even TradeStation itself does not provide full compatibility with its own code. EasyLanguage experts are well aware that identical code can produce varying results in different versions of TradeStation.
This is precisely why we don’t state that MultiCharts is 100% compatible with TradeStation’s EasyLanguage code. MultiCharts is EasyLanguage Friendly, which shows that we have attained the highest compatibility possible.
MultiCharts’ EasyLanguage compatibility outperforms all other products that we are aware of on the market today. Our team conducted precise automatic testing on more than 2,000 EasyLanguage indicators and strategies, and we scanned for any possible issues. Up to 99% of your EasyLanguage strategies and indicators will work without any changes, and your existing studies will get compiled. The code will even produce the same results that you see in TradeStation.
You can begin to enjoy its benefits in only a few minutes—even with a large amount of legacy EasyLanguage code.