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By : MultiCharts

4.2 ( 10 reviews )
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MultiCharts Reviews & Ratings

Check out MultiCharts reviews by verified users. Discover what businesses are saying about MultiCharts on Techjockey.


86%

Have recommended this product

Overall Score

4.2/5
Based on 10 Reviews

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MultiCharts Pros and Cons

Pros

pros_icon “MultiCharts offers a variety of tools for volume analysis, such as volume bars and indicators. This has been helpful in understanding market trends and making informed trades.” Nishu Chawla - Sep 2, 2024

pros_icon “MultiCharts offers solid data management through QuoteManager, which helps me maintain and organize data effectively. It’s useful for managing historical data too.” Nishant Goyal - Jul 18, 2024

pros_icon “The Portfolio Trader tool on MultiCharts is useful for managing multiple assets at once. It’s made handling a variety of stocks and futures much simpler for me.” Rakesh - Jul 18, 2024

Cons

cons_icon “Although the visuals are great, the interface can feel crowded. Some customization options would make it easier to arrange everything the way I like. ” Nitish Kumar - Sep 5, 2024

cons_icon “Setting up automated trading can be challenging without coding experience. A few more beginner-friendly resources would be helpful. ” Nitin Sikri - Sep 2, 2024

cons_icon “Some of the volume tools feel a bit outdated. An update with more modern visuals would enhance the experience. ” Nishu Chawla - Sep 2, 2024

MultiCharts User Reviews ( 10 )

NS

Nitin sikri

Verified reviewer:linkedin_verify

, SAAS

101-500 Employees

Software user since: 1-2 years

Reviewed on: Sep 2, 2024

4.7/5

“Suitable for Algorithmic Trading”

MultiCharts is a good fit for traders interested in algorithmic trading. With PowerLanguage, you can automate strategies, making trading more efficient. However, if you’re not familiar with coding, it may take some time to get accustomed to the scripting language.

Pros :

Cons :

Switched from : Smart Trade System

Reason to switch : I needed a more customizable scripting tool for automated trading, and MultiCharts offered just that.

Features

4.5/5

Value for Money

4.5/5

Customer Support

5/5

Ease of Use

5/5

Likely to Recommend

9/10
R

rakesh

Verified reviewer:linkedin_verify

Manager, Events

101-500 Employees

Software user since: 1-2 years

Reviewed on: Jul 18, 2024

4.5/5

“Versatile for Portfolio Management”

MultiCharts is a great option for traders with diverse portfolios. With the Portfolio Trader, you can monitor and manage numerous assets from one platform. It could use a bit more organization in its layout, but it gets the job done.

Pros :

Cons :

Switched from : Smart Trade System

Reason to switch : I wanted a platform with better support for portfolio management, and MultiCharts has been helpful in that aspect.

Features

4/5

Value for Money

4.5/5

Customer Support

4.5/5

Ease of Use

5/5

Likely to Recommend

9/10
NG

Nishant Goyal

Verified reviewer:linkedin_verify

Accountant, SAAS

101-500 Employees

Software user since: 1-2 years

Reviewed on: Jul 18, 2024

4.3/5

“Efficient Tool for Data Management”

MultiCharts is perfect for traders who need robust data management options.

Pros :

Cons :

Switched from : GoCharting

Reason to switch : MultiCharts offered better data organization tools, especially for local data management.

Features

4.5/5

Value for Money

4/5

Customer Support

4.5/5

Ease of Use

4.5/5

Likely to Recommend

8/10
SK

Sunil kumar

Verified reviewer:linkedin_verify

Lead, SAAS

101-500 Employees

Software user since: 1-2 years

Reviewed on: Jul 10, 2024

4.2/5

“A Great Platform for Detailed Market Analysis”

MultiCharts is a software designed for traders and investors who want a thorough look at the market. With features like depth of market analysis and automated trading, it provides powerful tools to analyze, strategize, and execute trades. Its technical analysis options allow for a wide range of strategy development, but it takes time to get comfortable with all the features.

Pros :

Cons :

Switched from : StockRadars

Reason to switch : I needed more detailed options for strategy backtesting and found that MultiCharts offered deeper insights and data options.

Features

4.5/5

Value for Money

4.5/5

Customer Support

4/5

Ease of Use

4/5

Likely to Recommend

8/10
A

anshika

Verified reviewer:linkedin_verify

Accountant, SAAS

2-100 Employees

Software user since: 6-12 months

Reviewed on: Jul 10, 2024

4.2/5

“Strong Tools for Strategy Optimization”

MultiCharts is perfect for anyone who needs robust optimization tools. With options for backtesting and customizable trading strategies, it helps traders maximize their efficiency. The platform is rich in features, though certain processes can take longer with larger data sets.

Pros :

Cons :

Switched from : MetaTrader 4

Reason to switch : MultiCharts offered a more thorough and user-friendly backtesting feature, something I really needed for my trading style.

Features

4.5/5

Value for Money

4/5

Customer Support

4/5

Ease of Use

4.5/5

Likely to Recommend

9/10
NC

Nishu chawla

Verified reviewer:linkedin_verify

Accountant, SAAS

101-500 Employees

Software user since: 1-2 years

Reviewed on: Sep 2, 2024

4.2/5

“Comprehensive Platform for Volume Analysis”

MultiCharts is ideal for traders who need comprehensive volume analysis tools. From volume bars to detailed volume profiles, it’s designed to help you understand the market deeply. Although certain features feel a bit old-fashioned, the functionality is solid.

Pros :

Cons :

Switched from : OptimSignals

Reason to switch : MultiCharts has more advanced volume analysis tools, which are essential for my trading approach.

Features

4/5

Value for Money

4.5/5

Customer Support

4/5

Ease of Use

4.5/5

Likely to Recommend

8/10
NK

Nitish Kumar

Verified reviewer:linkedin_verify

Accountant, SAAS

101-500 Employees

Software user since: 1-2 years

Reviewed on: Sep 5, 2024

4.1/5

“Ideal for Visual Traders”

For visual traders, MultiCharts offers a unique experience with its chart-based trading and technical analysis tools. It provides quick, easy-to-read displays of market changes and trading opportunities. However, having a few more options to adjust the interface would improve user experience.

Pros :

Cons :

Switched from : Esignal

Reason to switch : I found MultiCharts’ chart analysis tools better for my style, making it simpler to track price movements visually.

Features

4/5

Value for Money

4.5/5

Customer Support

4/5

Ease of Use

4/5

Likely to Recommend

9/10
ST

Shobhit Tripathi

Verified reviewer:linkedin_verify

Lead, SAAS

101-500 Employees

Software user since: 1-2 years

Reviewed on: Jul 3, 2024

4.1/5

“Convenient for Strategy-Based Traders”

MultiCharts is a great tool for those interested in strategy-based trading. It offers features to develop, test, and optimize various trading approaches, making it easier to find what works. Though setup can take some time, it ultimately helps improve strategy success rates.

Pros :

Cons :

Switched from : NinjaTrader

Reason to switch : I wanted more flexibility in testing strategies, which MultiCharts handled better with its advanced optimization tools.

Features

4.5/5

Value for Money

4/5

Customer Support

4/5

Ease of Use

4/5

Likely to Recommend

8/10
MK

Manish Kumar

Verified reviewer:linkedin_verify

Accountant, SAAS

101-500 Employees

Software user since: 1-2 years

Reviewed on: Jul 18, 2024

4.1/5

“Ideal for In-Depth Market Analysis”

MultiCharts is a powerful choice for traders who want to scan the market in real-time. With tools for monitoring multiple securities, it keeps you updated on possible trades. However, it requires a fair amount of processing power to run smoothly.

Pros :

Cons :

Switched from : Esignal

Reason to switch : MultiCharts offered a more detailed and comprehensive market scanner that suited my needs better.

Features

4/5

Value for Money

4.5/5

Customer Support

4/5

Ease of Use

4/5

Likely to Recommend

9/10
VJ

Varun Jain

Verified reviewer:linkedin_verify

Manager, IT

101-500 Employees

Software user since: 6-12 months

Reviewed on: Jul 18, 2024

4/5

“Great Platform for Backtesting Strategies”

MultiCharts is excellent for those looking to backtest their trading strategies. It offers thorough analysis and provides detailed performance reports, helping traders make necessary adjustments. Although backtesting can be slow with large datasets, the results are very reliable.

Pros :

Cons :

Switched from : Edelweiss TX3

Reason to switch : I needed more in-depth backtesting reports, which MultiCharts provided.

Features

3.5/5

Value for Money

4/5

Customer Support

4.5/5

Ease of Use

4/5

Likely to Recommend

9/10

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