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Chart Types

Professional technical analysis requires that you have professional tools at your disposal. MultiCharts has both regular and exotic chart types to meet your individual needs. Each chart type offers a different perspective on the market—so you can make informed decisions.


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Kagi

This chart type looks like a continuous line that changes directions and switches from thin to bold. The direction changes when the price changes beyond a predefined amount, and the line switches between thin and bold if the last change bypassed the last horizontal line.

3 Line break

This chart type only plots price movements, without taking time or volume into consideration. This chart type displays a series of vertical boxes that are based on price changes.

Hollow Candlesticks

Hollow candlesticks appear when the closing price is greater than the open, and filled candlesticks appear when the closing price is less than the open. This is the only difference from a regular candlestick chart.

Candlesticks with border

The only difference from a regular candlesticks chart is the borders around the body of the candle.

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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.

Algorithmic trading

In electronic financial markets, algorithmic trading or automated trading, also known as algo trading, black-box trading or robo trading, is the use of trading software programs for entering trading orders with the computer algorithm deciding on aspects of the order such as the timing, price, or quantity of the order, or in many cases initiating the order without human intervention.

Market Data Replay

Market replay is a great way to learn about trading without risking your money. This feature is especially important for discretionary traders who use price patterns and other methods, which are difficult to incorporate into trading models and strategy trading.