Get Started Backtesting and Auto Trading Using MultiCharts
In this guide I have documented some of the ways in which I use MultiCharts software to develop, backtest and automate trading strategies.
I am just scratching the surface of the capabilities and functions of MultiCharts but for those who want to get started and especially those trying to replicate my trading strategies, this guide should prove very useful.
I have split the guide into various pages so you can quickly navigate to what you are looking for.
MultiCharts User Guide Index:
MultiCharts – Data Feed and Broker Connection
MultiCharts – Creating a Price Chart
MultiCharts – Backtesting a Trading Strategy
MultiCharts – Automated Trading
MultiCharts – Programming a Trading Strategy
I Am Not a Programmer But Am Able to Use MultiCharts
I don’t claim to be an expert user or programmer for MultiCharts!
However, I have been using MultiCharts daily since 2016 so by now I know my way around the software. My experience includes programming strategies, extensive backtesting and optimizations, and finally auto trading. That means once I have developed a trading strategy I am satisfied with I switch on automated trading and let MultiCharts place trades for me.
With the help of this guide, this is all achievable for you too.
Why Bother Writing this Guide?
If you didn’t already know, I create videos on my YouTube channel and create Courses to help other traders create their own trading strategies.
I often get asked by viewers and students if I know of any documentation or guides to help them too get started with MultiCharts.
There are some official pages listed below but oftentimes, these traders just want to be able to replicate for themselves what I have shown them.
And that’s how I have broken down this guide. I cover a lot of the settings which I use, common questions I get asked and mistakes I often see made.
MultiCharts Programming
While I cover very little of the programming side of things in this guide, I have included a section with an example strategy code to help you understand how I go about programming strategy rules.
This section also aims to assist those who have enrolled in my courses with access to more of my strategies including codes.
Official MultiCharts Documentation
Official MultiCharts user Manual
PowerLanguage Keyword Reference