linkedin
MultiCharts logo
play eSignal data feed setup in MultiCharts
multicharts-dashboard
multicharts-homepage

MultiCharts

Brand: MultiCharts

  • 4.2

  • 10 Ratings & 10 Reviews

MultiCharts is a technical analysis and online trading platform designed to analyze the financial market and trade seamlessly.

See More

Have you used MultiCharts before?

Share your insights for better experience

Add a Review
Starting Price
$97

View plans

100% Genuine
Products
Best Price
Guaranteed
Safe & Secure
Payment
  • Description

  • Pricing

  • Features

  • Specification

  • Review

  • Compare

  • Alternatives

  • FAQ

  • Questions

Starting at $97

MultiCharts Software Overview

What is MultiCharts?

MultiCharts is a comprehensive trading and stock market software designed for day trading as well as long-term investment. This platform is suitable for both individual and institutional traders as it offers extensive features and tools. Market analysis, developing trading strategies, and effective trade execution become simple with MultiCharts.

The software allows traders and investors to implement their trading strategies with offered technical indicators and other tools like charting, backtesting optimization, and others.

Notable Features of MultiCharting

  • Chart Trading: One of the major features of MultiCharts is chart trading. This allows traders to check price movements using technical analysis indicators to make informed decisions.
  • Chart Analysis: This feature enables precise movements of price to determine what would be the next move of a trader.
  • Volume Analysis: Volume Analysis provides various tools to analyze trading volume including volume indicators, volume bars, and volume profiles.
  • Depth of Market (DOM): MultiCharts provides in-depth data of the market like volume profile and allows one-click trading opportunities.
  • Strategy Trading: Traders can use strategy trading where they can get tools to develop, test, and optimize their trading strategies.
  • Market Scanner: Allows users to scan all the securities one-by-one simultaneously in real-time and helps to identify trading opportunities.
  • Trading Strategy Optimization: There are various tools offered by MultiCharts to optimize strategies like backtesting and parameter optimization.
  • Automated Trading: This platform supports automated trading using its scripting language (PowerLanguage).
  • Portfolio Trader: This feature helps traders to simulate and auto-trade whole portfolios, which include hundreds of stocks, futures, and other assets.
  • Visual Trading: MultiCharts offer visual trading of market data and trading signals to understand easily.
  • Order and Position Tracker: This feature offers a complete summary of orders, positions, and accounts for all brokers utilized for trading.
  • Symbol Mapping: It allows you to trade any symbol from any chart via symbol mapping. MultiCharts describes how an order appears to a broker, allowing for any combination of data streams and brokers.
  • Data Management: MultiChart has capabilities of data management for which it has a local data management and storage system called QuoteManager. It offers all types of data management and maintenance.
  • Strategy Backtesting: Backtesting software tests your strategy using historical data and generates a backtesting report, allowing you to conduct an accurate trading system examination.

Why Choose MultiCharts?

The major reasons for choosing MultiCharts are the following:

  • MultiCharts is available with powerful technical analysis tools, allowing traders to perform in-depth market analysis to find optimal trading opportunities.
  • This platform also offers a customizable user interface where traders can tailor the dashboard as per their trading preferences.
  • Backtesting and optimizing trading strategies is another major reason to choose MultiCharts over other platforms. This platform uses historical data for performance evaluation and to find areas of improvement.
  • The powerful scripting language is another reason to choose MultiCharts. It allows traders to develop highly customizable trading strategies and indicators.
  • One can also get numerous optimization tools to refine trading strategies and determine which strategies have the most profitable parameters. The major tools are genetic algorithms, walk-forward optimization, custom optimization, and more.
  • MultiCharts also offers real-time data feeds to traders, allowing them to get the most updated and latest information on the market. This helps them to fine-tune their trading strategies to make the best out of them.

Who can use MutiCharts?

There are many users of MultiCharts. Some of them are the following:

  • Individual Traders: Both beginners and professional individuals can use MultiCharts.
  • Day Traders: Day traders who need real-time data are also potential users of MultiCharts.
  • Swing Traders: Traders who need to identify long-term trends can also use MultiCharts.
  • Position Traders: Traders who focus on long-term investments are also potential users.
  • Algorithm Traders: MultiCharts also offer algo trading, thus, allowing algorithm traders to use the platform.

MultiCharts Pricing Plans

The MultiCharts pricing starts from $97 per month. There are other plans as well that cost higher as per time frame. However, the price per month may also increase with the addition of features.

  • MultiCharts Pricing for 1 Month - $97 per month
  • MultiCharts Pricing for 3 Months - $89 per month
  • MultiCharts Pricing for 1 Year - $66 per month
  • MultiCharts Pricing for Lifetime - $1,497

(The per-month pricing is only applicable when you pay it in one go!)

Read more

MultiCharts Company Details

Founded Year:  2001

MultiCharts is an award-winning trading platform. Whether you are a new trader or a professional, MultiCharts has features that may help you achieve your trading goals.

Director/Founders Denis Globa
Company Size 1-100 Employees

MultiCharts Pricing & Plans

Monthly Subscription
Starting at $97
    • Licenses

      Licenses
      Licenses
    • Monthly

      Monthly
      Monthly

Key Features

  • Monte Carlo Simulation

  • Position Sizing Calculator

  • Stop-Loss Automation

  • Maximum Drawdown Analysis

  • Rotational Trading

  • Spread Trading

  • Customizable Reports

  • Trade Performance Attribution

  • Market Data Integration

  • Brokerage Integration

Annual Subscription
Starting at $792
    • Licenses

      Licenses
      Licenses
    • Yearly

      Yearly
      Yearly

Key Features

  • Monte Carlo Simulation

  • Position Sizing Calculator

  • Stop-Loss Automation

  • Maximum Drawdown Analysis

  • Rotational Trading

  • Spread Trading

  • Customizable Reports

  • Trade Performance Attribution

  • Market Data Integration

  • Brokerage Integration

Lifetime License
Starting at $1497
    • Licenses

      Licenses
      Licenses

Key Features

  • Monte Carlo Simulation

  • Position Sizing Calculator

  • Stop-Loss Automation

  • Maximum Drawdown Analysis

  • Rotational Trading

  • Spread Trading

  • Customizable Reports

  • Trade Performance Attribution

  • Market Data Integration

  • Brokerage Integration

MultiCharts Features

Core Features

  • icon_check Portfolio Management
    Track and analyze investment holdings, returns, and asset allocation in real time.
  • icon_check Market Data
    Real-time and historical stock price feeds, trade volume, and market indices for analysis.
  • icon_check Watchlist
    A customizable list for monitoring preferred stocks, providing real-time updates on price and volume.
  • icon_check Charting Tools
    Visual tools for analyzing stock trends and patterns using technical indicators and price movements.
  • icon_check Order Control
    Tools to manage, modify, and cancel buy or sell orders efficiently on the trading platform.
  • icon_check Order Execution
    Automated system to process buy/sell orders directly via the broker and stock exchange.
  • icon_check Stock Screener
    Filters stocks based on specific criteria like market cap, P/E ratio, or price movement.

Order Execution

  • icon_check Limit Order
    An order to buy/sell at a specific price or better, ensuring price control but not guaranteed execution.
  • icon_check Market Order
    Buy/sell immediately at the current market price, ensuring execution but no price control.
  • icon_check Stop (Loss) Order
    Automatically sells stock when it drops to a pre-set price to minimize losses.
  • icon_check Stop Limit Orders
    Combines a stop-loss order with a limit order to sell/buy once a set price is triggered.
  • icon_check Trailing Stop Order
    Automatically adjusts stop price as the market price moves in favor of the position.

Research and Analysis

  • icon_check Multi-Timeframe Analysis
    Analyzes price trends across different timeframes for better decision-making.
  • icon_check Advanced Order Flow Analysis
    Tracks and analyzes buying and selling activity across the market.
  • icon_check Analyst Ratings
    Displays professional analyst opinions on stocks, including buy, hold, or sell recommendations.
  • icon_check Sentiment Analysis
    Evaluates market sentiment from news and social media to gauge stock trends.

Technical Analysis

  • icon_check Trendlines
    Visual representation of stock price trends over time to predict future movements.
  • icon_check Technical Indicators
    Tools like RSI and MACD for analyzing stock price momentum and direction.
  • icon_check Custom Indicators
    Create and apply personalized technical indicators for unique trading strategies.
  • icon_check Smart drawing tools
    Customizable tools to draw patterns like support, resistance, and Fibonacci retracements.
  • icon_check Automated Technical Patterns Detection
    Automatically identifies patterns like head and shoulders or flags.

Fundamental Analysis

  • icon_check Industry Analysis
    Compares stock performance against industry benchmarks for relative valuation.
  • icon_check Financial Ratios
    Key metrics like P/E and P/B ratios to evaluate stock value relative to financial performance.
  • icon_check Income Statement
    Displays a company’s revenue, expenses, and profitability over a specific period.
  • icon_check Balance Sheet
    Shows a company's assets, liabilities, and shareholders’ equity for financial health analysis.
  • icon_check Cash Flow Statements
    Tracks cash inflows and outflows to assess company liquidity and operational efficiency.
  • icon_check Earnings Forecasts
    Predicts future earnings based on historical data and market conditions.
  • icon_check Company Valuation Models
    Estimates a company’s value based on DCF, NPV, and other valuation methods.

Backtesting and Optimization

  • icon_check Paper Trading
    Practice trading without risking real capital using simulated environments.
  • icon_check Historical Data Simulation
    Tests trading strategies against past data to assess their effectiveness.
  • icon_check Strategy Tester
    Evaluates the performance of trading strategies before deploying them in live markets.
  • icon_check Strategy Optimization
    Fine-tunes trading strategies by adjusting parameters for improved performance.
  • icon_check Monte Carlo Simulation
    Uses probabilistic models to forecast trading outcomes in uncertain conditions.

Risk Management

  • icon_check Performance Analytics
    Tracks portfolio and trade performance through returns, drawdowns, and risk measures.
  • icon_check Position Sizing Calculator
    Determines the appropriate trade size based on risk tolerance and market conditions.
  • icon_check Stop-Loss Automation
    Automatically implements stop-loss rules to limit potential trading losses.
  • icon_check Maximum Drawdown Analysis
    Measures the largest peak-to-trough decline in a portfolio's value.
  • icon_check Risk Calculator
    Estimates potential profit/loss scenarios based on trade size and risk percentage.
  • icon_check Diversification Analysis
    Analyzes portfolio risk by evaluating asset allocation and exposure to different sectors.

Trading Options

  • icon_check Paper Trading
    Practice trading without risking real capital using simulated environments.
  • icon_check Swing Trading
    A strategy that captures shortto medium-term gains from price swings.
  • icon_check Intraday Trading
    Buy and sell stocks within the same trading day to capitalize on short-term movements.
  • icon_check Derivative Trading
    Trade derivatives like options, futures, and swaps based on underlying assets.
  • icon_check Algorithm Trading
    Executes trades based on pre-set algorithms without manual intervention.
  • icon_check Options Trading
    Allows the buying/selling of call and put options for speculative or hedging purposes.
  • icon_check Futures Trading
    Trade contracts to buy or sell assets at a future date at predetermined prices.
  • icon_check Forex Trading
    Enables trading in currency pairs based on fluctuations in the foreign exchange market.
  • icon_check Crypto Trading
    Buy/sell cryptocurrencies like Bitcoin and Ethereum on dedicated platforms.
  • icon_check Automatic Trading
    Uses automated systems to execute trades according to predefined criteria.
  • icon_check Rotational Trading
    Alternates investments between sectors, asset classes, or strategies based on market trends.
  • icon_check Spread Trading
    Speculative trading of the price difference between two assets.

Reporting & Analytics

  • icon_check Dashboards
    Visual displays of key metrics like portfolio performance, risk levels, and trade history.
  • icon_check Portfolio Tracking
    Real-time tracking of your investments, including value, returns, and allocations.
  • icon_check Customizable Reports
    Tailored reports to analyze performance, tax implications, or investment behavior.
  • icon_check Trade Performance Attribution
    Breaks down the source of trading gains or losses for better analysis.
  • icon_check Risk Analytics
    Analyzes portfolio risks by measuring volatility, drawdowns, and exposure.

Account Management

  • icon_check Multi-Factor Authentication (MFA)
    Adds a second layer of security to protect accounts from unauthorized access.
  • icon_check Customizable User Interface
    Allows users to personalize the layout and appearance of the platform.
  • icon_check Account Summary Reports
    Provides detailed summaries of account balances, holdings, and transactions.
  • icon_check User Access Management
    Controls who can execute trades, view reports, or manage funds based on assigned privileges.
  • icon_check Audit Trail
    Tracks and logs user activity to maintain compliance and security.

Integrations

  • icon_check API Integration
    Connects with external APIs for custom trading, data feeds, or system automation.
  • icon_check Multi-Language Support
    Provides the ability to use the software in various languages for global accessibility.
  • icon_check Third Party Integration
    Supports tools like research platforms, analytics software, and financial news services.
  • icon_check Market Data Integration
    Links the platform to real-time market data feeds for timely trading decisions.
  • icon_check Brokerage Integration
    Connects to brokerage accounts for seamless trading and order execution.
  • icon_check Cloud Data Integration
    Stores and accesses trading data through cloud services for scalability.
  • icon_check Social Media Integration
    Connects with social platforms to track sentiment, discussions, and trends.

Alerts & Notifications

  • icon_check Price Alert
    Notifies users when stock prices reach a specific target or threshold.
  • icon_check Push Notifications
    Sends updates directly to mobile devices for timely decisions.
  • icon_check Volume Alerts
    Signals abnormal trading volume, indicating potential market movements.
  • icon_check Real-Time Market Updates
    Sends alerts on price changes, market movements, and breaking news.
  • icon_check News Alert
    Delivers important financial news related to specific stocks or sectors.
  • icon_check Sentiment Alerts
    Notifies users of changes in market sentiment based on social or news analysis.
MultiCharts Demo Video play icon

Get MultiCharts Demo

Watch the demo video to explore key features, real workflows, and how the software fits your business needs.

Understand
Key Features
Personal
Demo Insights
Interactive
Demo Support

MultiCharts Specifications

Supported Platforms
Windows Windows
Devices
Desktop Desktop
Deployment
Perpetual Perpetual
Suitable For
Stock Market
Business Specific
Traders Finance Services
Business Size
Small Business Startups Medium Business Enterprises Freelancers
Customer Support
Email Communities Forums
Language
English
Training Resources
Videos

Explore the Best Alternative Solutions Similar to Your Business Size and Needs

MultiCharts Reviews

4.2

Out of 5

img

Overall Rating

Based on
10 Verified Reviews

Rating Breakdown

  • Features 4.2
  • Value for Money 4.3
  • Ease of Use 4.3
  • Customer Support 4.2

86% Recommend this Product

Add Review

Pros

  • "MultiCharts offers a variety of tools for volume analysis, such as volume bars and indicators. This has been helpful in understanding market trends and making informed trades."

    Nishu ChawlaSep 2, 2024

  • "MultiCharts offers solid data management through QuoteManager, which helps me maintain and organize data effectively. It’s useful for managing historical data too."

    Nishant GoyalJul 18, 2024

  • "The Portfolio Trader tool on MultiCharts is useful for managing multiple assets at once. It’s made handling a variety of stocks and futures much simpler for me."

    Rakesh Jul 18, 2024

Cons

  • "Although the visuals are great, the interface can feel crowded. Some customization options would make it easier to arrange everything the way I like. "

    Nitish KumarSep 5, 2024

  • "Setting up automated trading can be challenging without coding experience. A few more beginner-friendly resources would be helpful. "

    Nitin Sikri Sep 2, 2024

  • "Some of the volume tools feel a bit outdated. An update with more modern visuals would enhance the experience. "

    Nishu ChawlaSep 2, 2024

Nishant Goyal

Accountant

Industry: SAAS User since: 1-2 years

4.3

Reviewed on: Jul 18, 2024

Techjockey Verified

“Efficient Tool for Data Management”

MultiCharts is perfect for traders who need robust data management options.

Pros

MultiCharts offers solid data management through QuoteManager, which helps me maintain and organize data effectively. It’s useful for managing historical data too.

Cons

It can feel a bit clunky and slow when handling large amounts of data. A performance upgrade would improve it.

Switched from GoCharting

Reason to switch

MultiCharts offered better data organization tools, especially for local data management.

rakesh

Manager

Industry: Events User since: 1-2 years

4.5

Reviewed on: Jul 18, 2024

Techjockey Verified

“Versatile for Portfolio Management”

MultiCharts is a great option for traders with diverse portfolios. With the Portfolio Trader, you can monitor and manage numerous assets from one platform. It could use a bit more organization in its layout, but it gets the job done.

Pros

The Portfolio Trader tool on MultiCharts is useful for managing multiple assets at once. It’s made handling a variety of stocks and futures much simpler for me.

Cons

Portfolio Trader could be improved with better visual organization. Navigating between multiple assets can get confusing.

Switched from Smart Trade System

Reason to switch

I wanted a platform with better support for portfolio management, and MultiCharts has been helpful in that aspect.

Varun Jain

Manager

Industry: IT User since: 6-12 months

4

Reviewed on: Jul 18, 2024

Techjockey Verified

“Great Platform for Backtesting Strategies”

MultiCharts is excellent for those looking to backtest their trading strategies. It offers thorough analysis and provides detailed performance reports, helping traders make necessary adjustments. Although backtesting can be slow with large datasets, the results are very reliable.

Pros

Backtesting on MultiCharts is quite accurate and provides a detailed report. I can rely on it to evaluate my trading system and see where improvements are needed.

Cons

Running backtests on large datasets can take longer than expected, which sometimes delays my process.

Switched from Edelweiss TX3

Reason to switch

I needed more in-depth backtesting reports, which MultiCharts provided.

See All MultiCharts Reviews

Compare MultiCharts With other Stock Market Software

Products
Ratings
Pricing
Device Supported
Deployment
Supported Platforms
  • img

    MultiCharts

  • 4.2

  • Price On Request

  • Desktop

    Mobile

  • Web based

    On Premises

  • Windows

    Mac OS

  • img

    TradingView

  • 4.5

  • ₹ 1295

  • Desktop

    Mobile

  • Web based

    On Premises

  • Windows

    Mac OS

  • img

    Falcon7

  • 4.6

  • ₹ 10339

  • Desktop

    Mobile

  • Web based

    On Premises

  • Windows

    Mac OS

  • img

    TrendSpider

  • 4.2

  • Price On Request

  • Desktop

    Mobile

  • Web based

    On Premises

  • Windows

    Mac OS

  • img

    M2 Trading System

  • 4.6

  • ₹ 18500

  • Desktop

    Mobile

  • Web based

    On Premises

  • Windows

    Mac OS

  • img

    ProRealTime

  • 4.1

  • Price On Request

  • Desktop

    Mobile

  • Web based

    On Premises

  • Windows

    Mac OS

  • img

    GoCharting

  • 4.2

  • ₹ 599

  • Desktop

    Mobile

  • Web based

    On Premises

  • Windows

    Mac OS

  • img

    Tickertape

  • 4.4

  • Price On Request

  • Desktop

    Mobile

  • Web based

    On Premises

  • Windows

    Mac OS

  • img

    OptionX

  • 4.0

  • ₹ 999

  • Desktop

    Mobile

  • Web based

    On Premises

  • Windows

    Mac OS

  • img

    Tradetron

  • 4.2

  • ₹ 300

  • Desktop

    Mobile

  • Web based

    On Premises

  • Windows

    Mac OS

  • img

    AmiBroker

  • 3.9

  • Price On Request

  • Desktop

    Mobile

  • Web based

    On Premises

  • Windows

    Mac OS

(2) Product(s) selected

MultiCharts Alternatives

See All MultiCharts Alternatives

Starting Price:

₹299 /Month

SAVE UPTO 55%

Starting Price:

$299 /license

Starting Price:

$19 /Month

Articles for MultiCharts

See All Related Articles

Can I Modify Data in Order and Position Tracker in MultiCharts?

Yes, you may cancel or change outstanding orders, and even flatten whole positions, right from this window.

What language does MultiCharts use?

MultiCharts uses PowerLanguage and EasyLanguage.

Difference between MultiCharts and MultiCharts.Net?

The major difference between MultiCharts and MultiCharts.Net is that MultiCharts' primary programming language is PowerLanguage, whereas MultiCharts.Net is meant for programmers that use VB.NET and C#.

How to use multichart?

Start with installing and open. Sign in and start using the free simulator to improve trading strategies. Now, set up a data feed and broker profile. Set your data source in QuateManager. Add broker profile and add symbols. Now you can create charts, and you can backtest, optimize, manually trade, and auto-trade them.

How can I download data from MultiCharts?

To download data, go to QuoteManager and select a symbol. Click the file, export data, and export the file in QMD format. Now, follow the necessary steps to finish the process.

How do you reload data in MultiCharts?

Go to View in the main menu, pick Reload and Chart, then click Reload All Data or use the keyboard shortcut Ctrl + R.

MultiCharts Questions

A:

Event Log with strategy debugging is a very crucial feature of MultiCharts as it assists you in various things. This includes error tracking, execution flow, custom logging, performance analysis, post-mortem analysis, and others.

Rakesh Bala Sep 27, 2024
Q:

Can I automate alerts for specific trading events in MultiCharts?

Krishna Vardhan Reddy Seshampally Sep 27, 2024
A:

Yes, you can automate alerts for specific trading events.

  • Start creating alerts and define conditions using EasyLanguage
  • Set alert notifications
  • Test your alerts
Deepak kumar Sep 27, 2024
A:

There are various ways to test the robustness of your trading strategies in MultiCharts. These are:

  • Backtesting: Use historical data to test your strategies.
  • Walk-forward Optimization: This technique evaluates how your plan performs across various parts of historical data.
  • Monte Carlo Simulation: Run Monte Carlo simulations to assess the effects of erratic market movements and changes to the parameters of your strategy.
  • Parameter Sensitivity Analysis: Modify your input parameters of strategy a little bit to observe how responsive the performance is to those adjustments. If little changes result in significant fluctuations in performance, your approach may not be robust.
  • Review Performance Metrics: To assess overall performance and risk, examine important measures like the greatest drawdown, average trade duration, Sharpe ratio, and others.
KAVYA Sep 27, 2024
Q:

What is the function of the Chart Template feature?

santosh bishoyi Sep 27, 2024
A:

Chart Templates enable users to build and preserve bespoke chart styles in apps such as Excel. This implies that you may create a chart with specified formatting, colors, labels, and other features, and then save the design as a template.

Smita Sep 27, 2024
A:

Yes, you can use multiple indicators in a single strategy in MultiCharts. This platform provides advanced programming languages-PowerLanguage and EasyLanguage, that allows customization.

ashok kokkula Sep 27, 2024
See All MultiCharts Questions

20,000+ Software Listed

Best Price Guranteed

Free Expert Consultation

2M+ Happy Customers

Terms and Condtions

close

Users with registered businesses can purchase goods from merchants on the platform to satisfy their business needs. Users are not permitted to utilize any products acquired through the platform for resale, advertising, business, or further distribution.

For each purchase made, users will receive a Tax Invoice (or 'GST invoice') that includes specific details such as:

  • the GSTIN of the user associated with their registered business, and

  • the specified Entity Name for their business.

It should be noted that not all products are eligible for GST Invoice. Only the products displayed by participating sellers with the 'GST-based Invoice Available' callout on the product description page would qualify.

Certain goods and services are not eligible to get a GST Invoice, including items with VAS, i.e., Value Added Services (e.g., Total Mobile Protection/Assured Buyback) and those involving an exchange offer at the time of purchase.

Users must ensure the accuracy of the GSTIN, and business entity name provided for the GST Invoice. Requests for corrections into GST Invoice would not be accommodated by Techjockey.com or any Seller, and any issues arising from user-provided information are the sole responsibility of users.

Techjockey.com is not liable for the GST Invoice or any associated input tax credit. To efficiently claim an input tax credit, users should select the registered place of business address as per the GST authority's data and follow the provisions of the GST Act and rules.

To claim an input tax credit, the delivery and billing addresses must match. Furthermore, input tax credits will not be granted if the delivery address and GSTIN on the invoice are from different states. In case of incorrect GST details provided during the order placement, the order will be canceled automatically.