- #MOTIVEWAVE PAPER TRADE SOFTWARE#
- #MOTIVEWAVE PAPER TRADE CODE#
- #MOTIVEWAVE PAPER TRADE PROFESSIONAL#
#MOTIVEWAVE PAPER TRADE SOFTWARE#
I will demo the software in the future and edit this review agian. I do not have any experience with Mitive wave yet, so am raising my score to 5 to make it neutral. 9th 2012 I see that they have infact added support for this broker so the above comments are out of date. UPDATE EDIT: More than half the reason for posting this bad review was to prod MotiveWave into supporting MB Trading. Must be a work a progress, unworthy of investment at this time. When so many other software vendors can do something that MotiveWave seems unable to do, it calls into question the competency of the programmers and the entire package itself. Their support has said that they tried, but had problems integratuing with MB Trading. Sadly I am unable to even demo this software as it does not support one of the top FX brokers, who also is consistently voted at the top of Barrons' best brokers for Stocks, Options, Futures and FX and is incapable of accessing their data feed despite the fact that a whole slew of other software vendors, like NinjaTrader, MultiCharts, NeoTicker, Able Sys etc etc do. It is so good, however, that it may be worth a look for many discretionary traders and technical analysts especially chartists and it's evolving very quickly. I'ts my opinion that this is not a scalping platform, probably not for high volume day traders and may not be optimum for automated trading systems. I'm not a Gartley user but the tools also look very good. This is the best platform I've ever seen for Elliott, Gann and Fibonacci analysis and discretionary swing trading of a variety of instruments. This is a small dynamic company, support is responsive and the product is getting better and more complete at a phenomenal rate. Automated capabilites are provided by a number of "strategies" - these appear to be studies that can generate buy and sell signals. Support for a wide variety of data providers and brokers is included in all versions.ħ. There are several versions of the software a various price points with add-on modules to custom configure a versionĦ. The program supports a large number of instrument types including options which can be traded off the chart of the underlying instrument.ĥ. You can write your own studies but you need to use the Java SDK.Ĥ. They also have a lot of configurable settings.ģ.
#MOTIVEWAVE PAPER TRADE CODE#
Not the usual junk code studies that you have to get off the web, sift through and tweak. There are over 250 studies built in and wonder of wonders, they are correct and don't have to be tweaked. The charts are beautiful with the best annotation and commentary facilities I've ever seen including a built in facilityĢ. I'd call it a sophisticated charting and analysis program with some solid discretionary trading capabilities and some automation and backtesting facilities.ġ. We are currently working to partner with other services, so if your preferred broker is not currently on the list contact us to let us know. Partners - MotiveWave has support for numerous brokers and data services. Choose a combination of window and chart themes that suits your style. Themes - Themes allow you to personalize the look of your charts. This includes all settings, market data and analysis files. Each workspace is stored in a separate local database. Workspaces - Organize and separate your broker accounts into workspaces. Manage all of your orders directly from the console. Trading and Order Management - With integrated trading, MotiveWave makes it easy to place and adjust orders. With numerous studies and charting tools, you are sure to find what you are looking for. For a complete list of features and documentation see the Features section of our website.Ĭharting and Analysis - MotiveWave's component based architecture enables many different forms of analysis. The following sections outline some of the major features of MotiveWave. You can choose the broker that best meets your needs in terms of reliability, trade execution and commission rates while using best of breed trading and analysis tools. By integrating with your existing broker, MotiveWave lets you have the best of both worlds.
#MOTIVEWAVE PAPER TRADE PROFESSIONAL#
MotiveWave is a professional suite of tools that makes trading and market analysis simple.
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