MotiveWave is a high performance and user-friendly charting and trading platform designed for active traders of stocks, futures, forex, and cryptocurrencies. Unlike many trading platforms that are cluttered with excessive indicators and tools. MotiveWave focuses on clean design and ease of use, allowing traders to fully customize their workspace and charting setup. It’s unique wave labeling and analysis tools make MotiveWave especially popular among Elliott Wave practitioners who rely on accurate wave counts to inform their trading.
Beyond charting, MotiveWave has robust trading capabilities including advanced order types, one-click order execution, and automated strategy trading. For discretionary traders, MotiveWave allows traders to visualize market conditions and execute precision trades with efficiency.
It also appeals to quants and system traders with its ability to automate complex, rules-based trading strategies through an integrated development environment with support for C# and EasyLanguage.
Whether a simple chart trader or advanced system developer, MotiveWave provides the features and flexibility sought after by technically-oriented traders. Its reliability, focused toolset, and continual evolution have earned it a loyal user base across various trading communities. With its commitment to constant improvement, MotiveWave aims to further bridge the gap between visualization, analysis, and execution for active traders.
The online trading platform, MotiveWave, can be utilized to trade any investments that your broker or data assistance endorses. These may comprise equities, futures, options, stocks, and foreign exchange.
Key benefits of using MotiveWave
In addition to many other useful features, MotiveWave provides traders with tools for charting, scanning, trading automation, and analytics.
Support for Windows and Mac OS X.
Advanced Trading and Analysis Tools provide a variety of techniques to analyze markets. Including Elliott Wave theory, Fibonacci ratios, Gann angles, linear regressions, general technical analysis (such as channels, trendlines, chart patterns, and more), as well as advanced commentary tools.
Chart-Based Order Entry
Traders have the ability to put in, change, and revoke orders as well as see positions directly on a chart. User settings let traders pick shortcuts on the chart for different order functions. Orders can also be entered through the Depth of Market (DOM) Window, Trade Panel, Bid/Ask Boxes, and Quote Sheets.
Complete Support for Elliott Wave Theory:
The software includes the capability to identify all types of Elliott Wave patterns and degrees. Perform ratio analysis between waves, draw wave channels, adhere to Elliott Wave theory rules and guidelines. Compose and decompose wave formations, automatically label waves, scan for Elliott Wave patterns, and create alternate wave count scenarios.
With these comprehensive Elliott Wave analysis features. The software enables quick and simple labeling of wave counts, resulting in greater certainty in wave count placements.
Native Multiple Monitor Support:
Traders have the ability to view many graphs and charts at the same time on multiple screens using the ‘Tile Windows’ function. This feature allows them to arrange the windows in a tiled formation to make the most of the available screen space. They can also enable Compact Mode which optimizes the display area. When exiting the program, the tile window positions are saved so traders can quickly restore their preferred multi-screen setup on restart.
Strategy Trading:
MotiveWave provides comprehensive capabilities for advanced strategy trading. This includes more than 250 predefined technical studies and strategies, backtesting strategies, optimizing strategies using both genetic algorithms and exhaustive methods, walk forward analysis, replay mode, backtesting reports, and a Java software development kit for building custom studies and strategies.
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