Strategy development for non-programmers
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 you need. If you need something that is not available, then a DLL in any other programming language may be used.
PowerLanguage Editor
Flexibility when you need it
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.
Carefully crafted architecture for productivity
Our engineers spent hundreds of hours optimizing MultiCharts’ architecture, resulting in greater productivity for MultiCharts users. For example, you can choose Fast Execution or Fast Compilation in PowerLanguage Editor depending on what you’re going to use at the moment – trading or strategy development.
Convenience at your fingertips
PowerLanguage Editor has syntax highlighting, ‘IntelliSense’ (auto-completion) and a built-in syntax checking. Keyword Reference is conveniently located directly in the Editor.
Speed to keep up with you
Independent studies state that PowerLanguage works faster than EasyLanguage and has significant advantages over other competitors. In addition, MultiCharts Optimization uses all available cores on your computer, which results in a dramatic speed increase.
Binary code for ultimate performance
High calculation speeds are possible because code is compiled, not interpreted. Your code is translated into binary language (0 and 1), which automatically results in a dramatic increase in performance.
Build strategies out of smaller pieces
MultiCharts allows you to build your strategy out of many trading signals, without any additional programming. For example, you can make a strategy by combining the built-in Channel Breakout Long Entry with a Profit Target Long Exit.