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.
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.
There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.MotiveWave is a professional suite of tools that makes trading and market analysis simple. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical performance results have many inherent limitations, some of which are described below. Past performance is not necessarily indicative of future results.” Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Risk capital is money that can be lost without jeopardizing ones’ financial security or lifestyle. An investor could potentially lose all or more than the initial investment. Stocks, Options, Futures and forex trading contains substantial risk and is not for every investor. All trades presented should be considered hypothetical and should not be expected to be replicated in a live trading account. Presentations are for educational purposes only and the opinions expressed are those of the presenter only. “Risk Disclosure and Live Trading Room Presentations: