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'''PowerLanguage''' is a proprietary [http://en.wikipedia.org/wiki/Programming_language programming language] that was developed by MultiCharts, LLC. PowerLanguage is an advanced programming environment for creating technical analysis indicators and trading strategies forthe for the MultiCharts trading platform. It is a system of expressing financial instrument trading rules in a systematic and logical way that can be executed by a computer.
By supporting [http://en.wikipedia.org/wiki/EasyLanguage EasyLanguage] developed by [http://en.wikipedia.org/wiki/TradeStation TradeStation], PowerLanguage maintains compatibility with a wide existing base of EasyLanguage indicators and strategies. As an alternative to writing indicators or strategies from scratch, existing studies can be modified, or new studies assembled piece-by-piece from built-in scripts. External [http://en.wikipedia.org/wiki/Dynamic-link_library DLL]'s can be referenced using PowerLanguage which greatly extends its functionality and permits the use of high-level programming languages, such as C++ or C#.
