MotiveWave Software Reviews 154

Clearly made for real traders who need a stable and powerful platform that works on both Windows and Mac (Love that it works on Mac). I throw all sorts of things at it and it handles incredibly even on fast markets, barely hogging resources. The TPO and VP features are some of the best I've used and the Auto EW and Harmonic stuff is pretty amazing and a huge time saver. Highly recommend if the above things mean anything to you but in general, think it's a better investment than paying recurring fees for something like TV if you're serious about active investing or trading.

The MotiveWave team is very responsive and helpful with providing easy instructions to help me navigate the system. They typically respond within 24 hours, its been great! Very happy with the system!

Motivewave is probably one of the most intuitive and customizeable trading platform out there. I'm customer since a few years and recently checked some other platforms, but for my purposes nothing can compete with Motivewave.

As an example: I only recently discovered that I can add moving averages of different timeframes (daily, hourly, etc) to be drawn in the 1min chart. On top of that, besides choosing the color and line width and type, I could add a custom text label to be drawn next to the end of the line, so that I can still distinguish the many lines on my charts. Not to mention that I could choose the text of the labels in the same custom color as the line itself.

Another feature that I really like is setting custom keyboard shortcuts for custom "tools". E.g. I created a tool to draw a horizontal support/resistance line of a specific color and width and mapped it to a keyboard shortcut. My charts are prepared with just a few key hits and mouse clicks. And if you prefer using the mouse, you can create a toolbar with these custom tools and have the same with only mouse clicks.

Furthermore the application is written in Java and it offers a SDK to create own studies (indicators) and strategies to customize even more. I'm Java developer myself and I created studies that draw important lines in the charts automatically, saving me a lot of time every day. I could even make the study communicate with my own server and built a whole alert system on top of it!

The possibilities to customize are endless!

Motivewave's Elliott wave engine is a game changer! I can evaluate counts lightning fast. No more dragging numbers and letters around, easily auto-click subwaves! Awesome fib time tools too. Infinitely customizable graphics. Hands down the best charting software on the planet.

Attentive to the needs of traders. Quick response and help. Great platform and is always improving

The usability and functionality are superior. Most importantly, fast, accurate and pleasant CUSTOMER SUPPORT is worth every dime!

I believe I covered every aspect there is to cover here:

1 - Website navigation. 10/10

2 - Platform tools are plenty. The explanation of every aspect in regards to the different versions and all that is included is just perfect. 10/10

3 - Payment processing is fast and great. Platform up and running in no time. (don't forget your data feed). 10/10

4 - Website and internet help, tutorials and "every aspect you need to know" are there; perfectly explained to the last detail. 10/10

5 - Customer support is simply outstanding. I leased the "order flow" version and it was awesome, but I wanted more. Being an Elliot wave trader at heart, I wanted to go to the full "ultimate" edition. Customer support went ahead and canceled the order flow edition and sent me the link to lease the update. Perfect. 10/10

6 - Platform... Well, what can I say? 10/10.

Perfect score.

I presented tech support with an issue, that now I have found to be likely out of their control.

I suspect they thought that too, but it didn't stop them from immediately attacking the issue and asking for specific reporting from me and also attempting to replicate the problem on their side.

-I will admit, I found the depth of the program a little overwhelming, and the locations of specific functions seem either redundant or don't necessarily follow my logic but the program is rock solid, highly customizable, responsive, and you can script for it.

Tech Support (and my initial sales questions) were addressed quickly.
Snark-free I will add.
If tech support is indicative of their company then, 5 stars.

They're awesome! Their product and their support is outstanding.

Greate trading software with a lot of options to fit your strategies. Promt and quick respond from customer support to any quiestion.

Customer service is very quick to respond to emails.

Motivewave provide a wide range of functionalities for advanced traders. I was looking for a robust and flexible order flow platform, with great TPO and Footprint charts and Motivewave could deliver on both to levels no other system could reach. Its support service (Brian in particular) was extremely helpful in helping me figure out some more complex custom configurations. Definately a major player in its space.

I recently decided to upgrade my trading platform and was debating between Sierra Chart and MotiveWave. Long story short, I opted for MotiveWave due to its modern user interface combined with how powerful and professional the platform is. Its native compatibility with Mac OS and dedicate Mobile App was a huge plus for me as well!

The support team (especially Brian) at MotiveWave is incredibly supportive and has been very prompt in responding to inquiries.

Good platform coupled with a professional support team

Great feature packed software and support is really helpful if you encounter any issues.

Motivewave is one of the best trading platforms out there. What I love about it is how easy it is to use and how you can customize it to your liking. Their volume profile and footprint tool is the best out there.

I have a screenshot of a 15 points (not ticks, full points) slippage on Nasdaq during normal trading hours.
It means that my 2 contract trades opened with a 295USD pending loss. Impossible in theory but Motivewave can do it...
I sent them the screenshot and the explanations; they denied all responsibilities.

A few months prior to that, the software wouldn't close my position, rather it would open one in the opposite side. So it kept buying / selling / buying / selling, but would not close my trade. You can blow up your whole account like that. They told me that it is because I didn't make the last update...

I have been using ninja trader for years, I have never seen disgusting bugs like that.

I had to came back to ninja trader, not the sexiest trading software but at least I am not afraid of blowing up my account anymore.

Excellent and thorough response to a platform issue.