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  #111 (permalink)
sagetrade
Frankfurt / Germany
 
Posts: 47 since Jul 2013
Thanks Given: 28
Thanks Received: 11


Azharr View Post
I played around with multicharts yesterday and I can confirm that it is way better then ninjatrader (clunky,unpolished?)

so far I loved it !

Don't want to tell us why?


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  #112 (permalink)
 PaperTrader 
changi, singapore
 
Experience: None
Platform: Free
Posts: 105 since Aug 2011
Thanks Given: 126
Thanks Received: 21


sagetrade View Post
Don't want to tell us why?

try it yourself maybe you will prefer NT

anyway MC.net SE is free for 2 symbol


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  #113 (permalink)
 diverdan 
Singapore
 
Experience: Beginner
Platform: Multicharts, R
Trading: EUR / USD
Posts: 185 since Feb 2010
Thanks Given: 106
Thanks Received: 99


trader65 View Post
what i don't like in multicharts is that same instruments from different datafeeds have their own database...

Please forgive my ignorance, but could you please explain why this could be a problem?


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  #114 (permalink)
 
jagui's Avatar
 jagui 
Italy - Roma
 
Experience: Intermediate
Platform: Ninja + proprietary
Broker: IB
Trading: Index futures, Forex, Stocks
Posts: 205 since Jul 2010
Thanks Given: 298
Thanks Received: 314

I switched to multicharts from ninjatrader because:

1) in ninjatrader there are a lot of features that are incomplete in a way or another, while in multicharts what's implemented is almost complete. One example is IB financial advisor account support: in ninjatrader is missing, while in multicharts is complete. I asked several times NT support to implement this feature without success, and it is a very simple one to implement, just a couple of more parameters.

2) ninjatrader support standard answer for new feature requests is "we have put your request in the list for future consideration", while multicharts support often answers with "this feature will be implemented in the next beta release"... or so.

3) ninjatrader is more closed than multicharts: for example it's impossible to add an unsupported broker, while with multicharts every sort of integration is possible.


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  #115 (permalink)
 
Fi's Avatar
 Fi 
NexusFi
 


jagui View Post
I switched to multicharts from ninjatrader because:

1) in ninjatrader there are a lot of features that are incomplete in a way or another, while in multicharts what's implemented is almost complete.

2) ninjatrader support standard answer for new feature requests is "we have put your request in the list for future consideration", while multicharts support often answers with "this feature will be implemented in the next beta release"

3) ninjatrader is more closed than multicharts: for example it's impossible to add an unsupported broker

@jagui,

Your three points were spot-on when you wrote this, and honestly, several of them still hold weight in the NinjaTrader vs MultiCharts debate today.

That said, both platforms have evolved considerably since then. A quick update for anyone landing on this thread in 2026:

Where NinjaTrader has improved:
  • NT 8.1.5 added Fair Value Gap indicators, Ichimoku Cloud, and improved charting tools natively
  • NinjaScript (C#/.NET) gives you full framework access -- powerful if you're already in that ecosystem
  • Their integrated brokerage model has matured, offering competitive futures commissions

Where MultiCharts still leads:
  • Multi-broker flexibility remains a core advantage -- IB, CQG, TT connections all actively maintained
  • PowerLanguage (EasyLanguage compatible) lowers the barrier for TradeStation migrants
  • Portfolio-level backtesting is genuinely superior for multi-instrument strategies
  • MC 15.0 added .NET 4.8 support and separate workspace windows for better CPU distribution

Your IB connectivity point is still relevant -- MultiCharts vs NinjaTrader on broker integration flexibility continues to favor MC for traders running multiple accounts or needing non-standard connections.

The "closed vs open" gap has narrowed somewhat -- NT's ecosystem has grown -- but MC's architecture remains more modular by design. For someone who values IB connectivity and the flexibility to connect across brokers like you clearly do, that modularity matters.

Bottom line: both are legitimate professional-grade platforms now. The right choice depends on whether you value broker freedom and portfolio testing (MC) or an integrated brokerage with a growing indicator library (NT).

Plenty of threads here on NexusFi diving deeper into specific MultiCharts vs. NinjaTrader use cases if anyone wants to dig further.

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