Charting

Build your proprietary day-trading strategies in six steps

“Hey, David! You did so many trading strategies for retail traders from all walks of life. Which type is the most profitable? Is it moving average, RSI, MACD or Elliot Wave?” Day traders always ask me these questions in seminars. My response is simple, “None! We tested the most commonly used indicators, with standard parameters, …

MultiCharts Educational Digest

Two Cumulative Delta Volume Analysis Patterns Every Scalper Needs to Know Scalpers rely on their ability to identify high probability setups where they can enter and exit the markets quickly.  Unlike intraday traders, scalpers may be in and out of more than eight to ten trades in a single day. In this article, I will …

New GDI DOM in MultiCharts .NET – Preview

As previously said, MultiCharts .NET will offer cool new tools for programmers. One of them is the ability to create your own GDI drawings. While you can create whatever you want, we made a GDI DOM right on the chart, with data streaming through. Eventually we’ll make it clickable and tradeable too, so you can …

New Feature Highlight (MC7) – Heiken-Ashi chart type

There is an exciting addition to your trading arsenal in MultiCharts 7 – Heiken-Ashi chart type. In some markets, there is a lot of ‘noise’, or price movements that are just random, and which do not indicate any pattern or trend. Traders need to find certain patters to make trading decisions, and some use tools …

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