Symbol Mapping

Sometimes data feeds and brokers have different names for the same symbol – and orders can get rejected for incorrect symbol reference. MultiCharts defines how an order will appear to a broker, so it is possible to use any combination of data feeds and brokers. For technical information on this feature look at the related Wiki page.

Charting + Trading = Chart Trading

In other programs seeing a chart doesn't mean you can trade from it, but in MultiCharts it's always possible. Trade any symbol from any chart with symbol mapping.

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How Symbol Mapping works
Define a path for your order to get to the broker, and to receive status updates back to your chart.

For example, if trading the E-mini futures, the broker may not provide the continuous futures symbol. However, it’s possible to find a data feed that provides a continuous symbol. You can mix different data providers and brokers in MultiCharts, but that can sometimes creates a discrepancy. The data feed may call the symbol ‘@ES’ or ‘ES #F’ while the broker is expecting an order for the ‘ESU1’ contract. Without symbol mapping traders would be limited to only using data from the broker being used to execute the trades.

Symbol mapping is a ‘translation’ tool that defines how an order will appear to the broker – even if @ES is the symbol on the chart, MultiCharts can make it appear as ESU1 (or anything else) to the broker. If the symbol on the chart matches the symbol used by the broker then this tool is unnecessary. Symbol mapping, though, is essential if using different data providers or brokers.

Trade any supported broker

A competing broker gave you a better deal? You are free to choose who you trade with - simply change the mapping, and order will be routed to another broker.

See what you need, trade what you want

Forget about mismatching symbol names and exchanges, retain full control of order routing with symbol mapping.

Take advantage of professional feeds

Some data feeds may provide higher quality historical and real-time data than brokers – take full advantage of this possibility. Easily map any data feed to any broker and trade.

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Risk Warning:
Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.