MultiCharts

Pretty good

It's not bad, I have been using it for a while and have found it okay for my trading needs. It can be expensive to some, but if you want something that is close to Easy Language without going through TradeStation, then that's your best bet.

Great software with a lot of bugs

MC7 is a great platform with lot of useful features, and their tech support team is the best, and they can solve your problem through teamviewer, many traders praised their easylauguage for programing.

However, the manual order entries are very undependable, exit strategies don't work well, reload could not correct the wrong data on charts, sometimes, the PnL won't update per bid or ask price. Comparing to NT7, MC7 has a lot of great features, but very unreliable. If you want to trade manually, you'd better stay with NT till MC7 fixes all the bugs, and eventually, they do.

solid and reliable product

Latest version offers trading tools to an already robust charting package. Multi data vendor and broker support was the deciding factor for me. As well, technical support is better than I have seen from other vendors.

MultiCharts made my life easier

Ive switched from NinjaTrader to MultiCharts because the more experience I got with NinjaTrader, the more the little problems bothered me. At a given point, I was just tired of frequently having to find a workaround with NinjaTrader when there was an error or something was not possible. True, their NinjaScript / C# is highly advanced and capable of doing practically anything you can wish for. But Im a trader first and though I enjoy programming as a hobby, at a given point it becomes just unproductive and annoying to do it yourself.

With MultiCharts my life definitely has become easier. Their backtesting is great, the programming language is a lot easier (less code = less to debug & less prone to errors) and is rich in features. And if the MultiCharts programming language cant do it, its relatively simple to add a DLL to enhance the capabilities though that almost always isnt needed. The ability to connect to multiple brokers and data feeds, and use Symbol Mapping to generate trades on a data feed and send these to a different broker is great and gives me a lot of flexibility.

I also like the support from MultiCharts its truly unmatched and theyre very knowledgeable; I havent encountered a problem that couldnt be solved quickly. Besides chat support the support can also be contacted through the forum and email. Their email support has such a high standard that, even when they couldnt answer my non-urgent problem the same day, Ive got a sincere apology that they were busy with the release of the new version (and Ive got my answer the next morning, though it wasnt even that urgent). Which company nowadays treats their customers this way? I cant think of any.

Though, as an active automated trader I always wish for more and MultiCharts can be become even better. But the current state of the product is just very good, and the regular new versions (which can be tracked in their Project Management) ensure that it will become even better.

I advise friends who want to become serious active traders to check out MultiCharts and try it for themselves. True, the price tag can be a reason to wait with purchasing until you are a profitable trader with more capital, but with active trading you need the best tools to get the greatest edge. For me, MultiCharts is the best tool, and that I use it to research strategies and auto-trade my capital is probably more telling than a whole written review.