In event-driven backtesting, the automated trading strategy is connected to a real-time market feed and a broker, such that the system receives new market information which will be sent to a system which triggers an event to generate a new trading signal. Whether you need day trading software or you invest for longer periods, MultiCharts has features that may help achieve your trading goals. High-definition charting, built-in indicators and strategies, one-click trading from chart and DOM, high-precision backtesting, brute-force and genetic optimization, automated execution and support for EasyLanguage scripts are all key tools at your disposal. Backtesting tools. In the earlier days, systematic trading strategies are reserved for hedge funds and institutions. But times have changed. These days, retail traders can build their own systematic trading strategies in the comfort of their own homes, and can backtest it using some of these tools online.