“Relatively easy to navigate. Support is very good. Maintenance fee is reasonable if you want to have it for updates.
I had no issues with instruments or data feed”
“Hello AMP team,
My name is Armando and I have been a MotiveWave user for about 4 years or more.
When I did the research for the platform I would use, I found several, among them MW. When I made the analysis, from the operational point of view, price, compatibility with different OS's, the possibility of volume tools (I operate with order flow version). I made the decision to use it.
At first I found it a bit difficult to set up, as there is little information on social media, especially on MV's YouTube channel. However, after hours of screen time and understanding all the settings of the powerful tools it has, I consider myself one of the traders who knows best how to configure this platform. Said by other tarders who see my analysis and charts.
I have been sharing my charts on “X” for years (@Armando_AML) and have formed groups where I have helped other traders to configure and optimize the platform to suit their trading methodology. Currently, I am making short videos to help a large community to optimize the setup of the platform.
The not so good thing; the technical support. I think that MV has few staff to clarify and solve the problems that we have, the response times are a bit long. It would be ideal if they could implement a ticket system to track the incidents reported.
I think it is a fairly mature platform, it needs to implement some improvements such as the visualization of orders / trades in the charts, it is very basic and almost not appreciated when working in high resolutions. As well as other indicators, it should allow to change the configuration of this information, font size, color, type of information to show, etc.
Sorry for the length of my review, but in summary, it is a platform that I would never change, I have tried others in my life as a trader and definitely, MotiveWave from my point of view is the best that adapts to the operation of a large number of trades.
Thank you for this opportunity.
Best regards,
Armando Mendez.”
“I've been using MotiveWave for more than 4 years now and I have only good things to say about it. During this time I used the platform with 2 separate brokers and I never experienced the slightest problem. It covers everything a trader needs and more. Besides being robust and reliable (very important), day in, day out, user friendly is the feature I enjoy most. Considering that I am a very demanding person and I pursuit perfection, I tried to find (discover I should say..) some flaws of any kind about the platform to report, but honestly I can't find any. Rare for me.I know it is hard to believe, but so far I had no lags, crashes, glitches or any of the usual negative surpises the others platforms offer, whatsoever. Quite remarkable for a software, I have to say. Above all, its a platform I can trust and needless to say I am very happy with my original decision to go with MotiveWave. Bear in mind, I am a trader with 15 years experience and I have seen a lot, as the title says. The good, the bad and everything in between. Well, for a change, Good and Good only it is! In overall, I am extremely satisfied and I will definitely keep using it in the future. Well done.”
“Pro:
Stable platform,
good execution, feels responsive
good OCO templates
decent copy trader
great for backtesting
great drawing tools
indicators on indicators
best solution for Mac
responsive support
Con:
cumbersome drawing sync between charts due to their 'analysis' concept
limited custom indicators,
no easy scripting”
“Good:
- Customizable
- Versatile
- Easy to Use
- Native Mac App
- Custom indicators can be developed
- Crosstrade to Micro Contracts
Bad:
- Doesn't show position on chart at the entry price (only an indicator marker)
- Buy/Sell Buttons were removed, you have to trade from the chart trader or Dom which take a lot of space if you have a lot of charts on the screen
- No export to Excel/CSV of trade history
- Software gets stuck for a couple of seconds when volatility is very high (news events, a huge pending order gets traded, ...), this happens every time and on all my machines
- No possibility for multiple Rithmic Connections”
