“Runs all my Tradestation Code that I previously have written. Runs multiple data feeds. Runs multiple brokers. Programmers behind it how actually continue to improve it. Fast and stable. Great program!”
“I have used TS since it’s inception and it was originally state of the art, but that has changed allot in thirty years.
Mulitcharts is a little tough to get acclimated with, but once you do it’s well worth it.
Being 64 Bit it runs rings around 32 Bit TS, making it a mere toy.
Multicharts is what it implies... you can chart just about anything.
Tick, Volume, Range, Seconds, Minutes, etc. and all the other exotic formats can be charted, analyzed and automated in one chart together!
Try that with any of the other vendors?
And as far as back testing, MC utilizes all the cores/threads available and runs back tests in HALF the time of TS.
Best Trading,
Rand”
“I have been using multicharts for years and CQG for as many apart from amp
Multicharts great for trading systems up to the hourly time frame then it starts to be inefficient
What is missing in CQG are the ready-made continuos futures like tradestation does that I have to keep paying for doing analysis and backtesting”
“The good
Various datafeed options with different broker account. I could trade with broker with competitive commission like AMP while still have access to reilable datafeed
Potentially could trade with multiple accounts from different brokers with one platform at the same time. Good for risk management
Power language provides almost same coding experience for trader with Tradestation Easy language strategy development foundation
MC is also a powerful Trading/charting platform for both strategy trading and manual trading
Quote manager in MC is relatively stable in handling huge datafeed and historical data. The latest 64bit MC seldom crashed as compared to Tradestation particularly with huge historical data more than 3GB
Latest version of MC provides convenient way to start or stop multiple automated strategies in one interface with only a few clicks. This is very useful live trading with multiple automated strategies.
The bad
Unlike TS which use in house datafeed, traders need to perform symbol mapping when trade with datafeed from different brokers. Not really a big issue if one is familiar with the process”
