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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HLC
The only difference from an OHLC bar is that the opening price is not shown.
Invisible Bars
This functionality hides the chart from view, yet it can still be used for calculations. For example, if only indicator information is needed to be seen, you can hide the data series so you are not distracted.
Dots
This chart type plots a single dot at the closing price of each bar.
Line on Close
This chart type connects the closing price for each bar with a line.
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.
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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.
