What is the function of the Chart Template feature?

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.

Yes, you can automate alerts for specific trading events.

• Start creating alerts and define conditions using EasyLanguage
• Set alert notifications
• Test your alerts

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.

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

To create a watchlist of specific instruments, follow the given instructions:

• Open the market scanner in MultiCharts.
• Add instruments that you want in the watchlist.
• Organize your watchlist by customizing and saving your list.