MultiCharts VS Beyond Charts: Best Backtesting Software for Traders
With MultiCharts, you can write strategies in PowerLanguage, which is EasyLanguage-compatible, a huge plus if you’re migrating from TradeStation or have existing code. You can also import third-party strategies and manage code modularly.
Beyond Charts uses BCFL (Beyond Charts Formula Language), a custom language that supports some conditional logic and indicator formulas, but lacks the flexibility and ecosystem support of PowerLanguage. There’s no portfolio management or modular strategy building.
For traders focused on systematic trading system development, MultiCharts provides the necessary tools. Beyond Charts is more suited to those looking to visually identify signals.
Check Out: Trading System Development
