MultiCharts rolls out new platform version, featuring TPO and Matrix optimization
Version 12.0 (Beta 1) of MultiCharts offers a native chart type for the Time Price Opportunity analysis.
The creators of MultiCharts have announced the rollout of the latest (beta) version of the trading platform – MultiCharts 12.0 Beta 1.
The list of new features includes TPO aka Market Profile ® (a registered trademark of the Chicago Board of Trade). This means that MultiCharts now offers a native chart type for the Time Price Opportunity analysis. Profile values are accessible from the code and traders can run backtesting, optimization, and even perform auto trading, all from the TPO chart. TPO is crisp and clear on any display– the profiles can auto fit any screen, whether it is a laptop or a 4K monitor.
The company has also completely reworked the graphical user interfaces of all optimization types. The all-new interface features Matrix Optimization for determining the most optimal parameters for regular re-optimization and evaluating the Strategy Robustness. Optimization runs are now available for viewing in an easy to use format that will reflect any changes made in the settings.
Traders can review the best found values and configure the amount of CPU cores utilized by the optimization while it runs. Thus, traders can continue the optimization in the background while they are doing their regular tasks in the foreground.
In addition, the latest version of MultiCharts feature the Beta versions as a separate product with isolated application/ database/ study folders. Traders can have this Beta installed alongside their main MultiCharts64 installation to fully test all of the new features without affecting their current version.
In version 11.0 of the platform, OANDA’s V20 REST API support was added. This has been in demand by users of the platform since OANDA launched the v20 trading engine in October 2016 to mark its 20th corporate anniversary. The OANDA v20 REST API provides programmatic access to OANDA’s next generation v20 trading engine. Anyone with a V20 trading account may use this API.
Among the advantages of MultiCharts is that it allows its users to easily switch between various brokers or select more than one broker to use. A trader can also chose one or multiple data feeds which to use. This is valued by software developers who would like to test their indicators or automated trading strategies using data feeds from several brokers.
The platform is know for its technical analysis and backtesting capabilities. The 11.0 version of MultiCharts also introduced improvements to the Walk Forward Optimization (WFO) report making it more informative and customizable. The backup of platform data was also made easier.
