How to Use Simulated Trading

Simulated Trading will become available in MultiCharts 15 Open Beta (coming soon)

Using simulated trading

Choose a mode

Use the dropdown to switch between Standard and Advanced Simulated Trading.
Advanced Simulated Trading uses Level II data as well as Level I.

Set a starting point to begin simulation

To set the starting point on your chart, click the Start Simulated Trading button and click the place on your chart to begin simulation from. It’ll start automatically after the starting point is set and data is loaded.

You can also set the starting point using the calendar. Once the date in the calendar is set, click the Set the date and time to start Simulated Trading button next to it to start.

Choose resolution

Use control buttons to
Pause
Resume
Step Forward
Go to Realtime to exit Simulated Trading mode.
Change the simulation speed by dragging the control

Switch to Workspace Mode

Click the Workspace Mode button to enable it.
In Workspace Mode Simulated Trading will start on all charts, Scanner and DOM windows within the selected workspace.

Collecting Data

Note: Not available in the free version.

Click the Simulated Trading Collect Data button to open the data collecting menu.

Custom Symbols

On the Custom Symbols tab you can start collecting real-time data for the symbols in the selected workspace.

1. Check/uncheck the listed instruments as needed. The list will only include instruments open in the selected workspace.
2. Click Collection settings to expand the menu.
   Set when to Start collecting: Immediately, Next Hour, Session, Day, etc. or set a specific date and time.
   Set when to Stop collecting: By user command; After X Hours, Days, etc. or set a specific date and time.
   
3. Click Start to begin collecting.
   Note: Do not shut down your PC or put it into hibernate mode while data is being collected. Click the icon in the system tray if you want to stop collecting data.

Click the Data Collecting Progress icon in the system tray to monitor the data collection. Click the gear icon to open the collection settings. Click the stop button to delete the data collection task. After collecting is finished, a pop up will appear in the bottom right corner of your screen.

Sample Data

On the Sample Data tab you can download historical values for sample instruments from MultiCharts servers.

Manual Simulated Trading

Use Chart Trading Panel or Trade Bar to place orders manually during simulation. To monitor your orders, use the Order and Position Tracker. See Manual Trading for more info.

Simulated Auto Trading

Apply signals and start auto trading during simulation by using the SA/AA button or via Format → Automate Order Execution. See Getting Started with AutoTrading for more info.