Wednesday, December 8, 2010

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Multicharts: Backtesting, automated trading and technical analysis is compatible with Easy Language

MultiCharts is a professional technical analysis platform for automated trading that allows you to create professional graphics, advanced analysis, optimization and backtesting of strategies.

Our trading platform is automatically EasyLanguage ®-friendly . This means that you can use trading software MultiCharts immediately without the need to learn another language and quickly and easily access a large amount of indicators and trading systems.

Multicharts is a flexible platform that makes it possible to store data retrieved from different data feeds. See list of compatible data providers .

MultiCharts is often used for discretionary trading, but originally our trading platform has been created for automated trading strategies. While the discretionary trading is certainly better in the negotiation on individual insights, strategies for automated trading tend to have more consistent success.
The trading systems have a number of significant advantages over discretionary trading.
simulation on historical data (back-testing) is used to separate the strategies that work from those that lose money.
Only proper backtesting makes it possible to identify the trading strategies of quality. While past performance is no guarantee of future results, a proper backtesting gives a greater chance of achieving success in the negotiation process itself.
MultiCharts has an extensive collection of reporting tools that provide a complete picture of performance of a strategy.
Strategy and optimization walk-forward testing allow the creation of new trading systems, without falling into the trap of curve-fitting.


institutional Are you a trader? Try the Pro version
Are you a trader on currencies? Try out the specific version of the FOREX Multicharts MCFX

Source: www.multicharts.com

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