What is MotiveWave?

MotiveWave is a remarkably versatile trading platform that combines extensive features with user-friendly design, highlighted by impressive charting tools. We take pride in offering the most advanced Elliott Wave software available today. Our platform is designed to work smoothly with a variety of brokers and data feeds, and it is compatible with Windows, macOS, and Linux operating systems. To meet a wide range of charting and trading needs, we provide our software in six unique editions, along with multiple purchasing options tailored to different financial capacities. We encourage you to try out our MotiveWave trading platform risk-free with a 14-day trial that requires no credit card information, allowing you to access all features of the Ultimate Edition without any obligations. This no-pressure experience enables you to fully explore the capabilities of our trading tools and understand how they can significantly enhance your trading strategies. Take advantage of this opportunity to elevate your trading experience and maximize your potential for success.

Pricing

Free Trial Offered?:
Yes

Screenshots and Video

Company Facts

Company Name:
MotiveWave Software
Date Founded:
2010
Company Location:
Canada
Company Website:
www.motivewave.com

Product Details

Deployment
Windows
Mac
Linux
Training Options
Documentation Hub
Webinars
Video Library
Support
Standard Support
Web-Based Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English

MotiveWave Categories and Features

Algorithmic Trading Software

2-Click Trading
Analyst on Demand
Auto Fibs
Auto Trend Lines
Backtesting
Basket Trading
Drawing Tools
Pattern Tools
Stock Screener
Trading From Charts

MotiveWave Customer Reviews

Write a Review
  • Reviewer Name: Tyler C.
    Position: Trader
    Has used product for: Less than 6 months
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Garbage. Go with another Platform

    Date: Apr 28 2024
    Summary

    I spent a week on it and gave up. They refused a simple $50 refund. They will be out of business soon enough. If you like graphics and charts from the 1970's computers, this is for you. If you like nice, clean, pristine charts, find a diff platform.

    Positive

    Nothing. Nada. Zip. Garbage. Outdated. Trash. Cheap. Non attractive. Lost in time. Waist of money. Find a different software. Save your money.

    Negative

    Garbage. Garbage customer Care. Garbage graphics. Garbage experience considering it didn't work and they wanted my to spend 20 hours fixing their garbage software.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Full Time Funded Trader
    Has used product for: 1-2 Years
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Best Platform on MacOS M1

    Date: May 25 2024
    Summary

    Very fast experience on M1 M2 M3 MacBook with all day battery life. I can walk around (WiFi or 5G LTE tethering) and I can trade anywhere anytime.

    Positive

    Very fast and reliable on Mac M1 M2 M3 series. it uses minimal CPU resources. it runs on MacBook battery for a very long time, and I don't need to plug in my MacBook so I'm mobile and feel free to walk around and still see the market.
    It doesn't crash often like NinjaTrader. everything can be easily backed up and restored - unlike NinjaTrader. And the best thing... is pricing - Order Flow edition is all I need - awesome heatmap like Bookmap ($2k software) and awesome Bid xAsk volume imprint - very important for Order Flow traders.

    Negative

    #1. WiFi connection can lag Order Flow volume imprints. If there is a lag, I have to MANUALLY refresh all the Bids x Asks. With Ethernet, this problem is solved.
    #2 Custom Indicator - very hard to DIY although I have source codes in PineScript. There is a programmer on MotiveWave forum, and his name is Spin. He's very reliable to make one for you.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Trader
    Has used product for: 6-12 Months
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Great for M1 Mac

    Date: Sep 11 2023
    Summary

    Very fast, efficient on M1 M2 Mac! this is a great choice for those who love to trade from an Apple MacBook, which lasts 10-20 hours on battery. Once Apple releases a MacBook with 5G LTE, mobile trading will be a reality.

    Positive

    - lightning fast on M1 Mac
    - great email tech support
    - Order Flow edition is more affordable than NinjaTrader and Bookmap
    - great alternative to Bookmap with similar heats and big order bubble
    - license comes with iPadOS version with limited functionalities

    Negative

    - not great for charting, TradingView is still the best
    - losing connection to Rithmic sometimes. However, it's a common issue among NinjaTrader and Tradovate

    Read More...
  • Reviewer Name: Nossie N.
    Position: Investor
    Has used product for: 1-2 Years
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Expensive and inaccurate

    Updated: Aug 19 2022
    Summary

    Bad, good tools, but with bars totally different than TradingView it is almost impossible to make good charts with it.

    Positive

    The big variety of tools. Good UI. Look really awesome, but only looks won't help you in trading....

    Negative

    Candlesticks are offsync with TradingView (that is what all exchanges use).
    Support won't help you when u don't upgrade every year.
    Costly $2295 for full version, after that $299 a year for support and updates...
    Still a few crypto exchanges possible.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Managing Member
    Has used product for: 2+ Years
    Uses the product: Weekly
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Excellent Platform

    Date: Aug 21 2022
    Summary

    MotiveWave is overall a top notch platform. I used E-Signal for several years and left them after ICE destroyed whatever good E-Signal had. Motive Wave has stepped up to the plate and I am grateful that they are there.

    Positive

    Charting, flexibility. The breadth of analyses that the platform is capable of is also very good. Ability to connect to multiple data sources is great.

    Negative

    Some of the objects aren’t as smooth as I would like. Overall, however, no big deal.

    Read More...
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