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Introducing MotiveWave® Version 7
Explore the new features including UI updates, multiple connections, a new Rithmic API, and much more in this first look at our Beta release.
Advanced features include
MotiveWave® Trading Platform Features
Analysis & Charting
- Comprehensive Order Flow Tools and Indicators
- Most Advanced Elliott Wave Available
- Automated and Versatile Scanners
- Advanced Charts, Commentary and Trading Tools for the Discretionary Trader
- Built For Multiple Monitors
- Customizable Chart Layouts to suit your trading style
- Advanced Fibonacci and Gann Tools
Trading & Execution
- Trade Stocks, Futures, CFDs, Forex and more - Whatever the Broker Supports
- Trade from the DOM, Quotesheets, Buy/Sell Boxes, the Trade Panel or directly from the chart
- Easy to add, edit or cancel orders on the chart
- Supports Multiple Brokers and Data Service Providers
- Analyze real-time order flow to identify market trends and liquidity zones
Strategy & Development
- Advanced Strategy Backtesting
- Strategy Optimization (exhaustive and genetic)
- Walk Forward Testing & Backtesting Reporting
- Java SDK for custom studies, indicators, and strategy creation
- Scan markets in real-time to identify trading opportunities based on customizable criteria
Frequently Asked Questions
Does MotiveWave® come with data?
Data is not included
with
MotiveWave®.
MotiveWave® has 30+ supported brokers and
datafeeds available to meet your
broker and/or data
feed needs.
You can connect to as many of our supported brokers and data service providers as you like.
You can also import data into MotiveWave®, if you have the data in CSV, ASCII, or Metastock Database format.
You can connect to as many of our supported brokers and data service providers as you like.
You can also import data into MotiveWave®, if you have the data in CSV, ASCII, or Metastock Database format.
Can MotiveWave® be used on multiple computers?
MotiveWave® can be installed on multiple computers (Windows, macOS and Linux),
but a user can only use MotiveWave® on one computer at a time with one license.
You need to shut MotiveWave® down properly on one computer before starting
MotiveWaveŽ up on another computer.
If you need to run MotiveWave® on multiple computers at the same time, you would need multiple licenses.
A license cannot be shared with, transferred, sold, etc. to anyone else. We reserve the right to terminate the license if this condition is violated.
If you need to run MotiveWave® on multiple computers at the same time, you would need multiple licenses.
A license cannot be shared with, transferred, sold, etc. to anyone else. We reserve the right to terminate the license if this condition is violated.
Do you continue to add new features and improve on the platform?
Absolutely! We typically push out new features and enhancements every 1-2
weeks.
You can view our Release Notes on our Download page, which
includes a record of all of our latest features and enhancements.
More importantly, we want your feedback. If you have a feature you would like added to the software, please contact our Support Team and we will add it to our feature request list. We are constantly adding new features based on demand from our existing users.
More importantly, we want your feedback. If you have a feature you would like added to the software, please contact our Support Team and we will add it to our feature request list. We are constantly adding new features based on demand from our existing users.
Are updates to the software free?
If you have a Lease License, as long as you are on an active lease, you have
access to the latest version of the software.
If you have a Purchased License, it includes 1 year of free updates and support. After that first year, if you would like to continue to have access to the updates we release for the software and access to our Support Team, you can purchase the optional Additional 1 Year of Updates and Support for your edition.
If you are on the Community edition, you have access to the latest version, but support for the Community edition is only available through the MotiveWave® forum.
If you have a Purchased License, it includes 1 year of free updates and support. After that first year, if you would like to continue to have access to the updates we release for the software and access to our Support Team, you can purchase the optional Additional 1 Year of Updates and Support for your edition.
If you are on the Community edition, you have access to the latest version, but support for the Community edition is only available through the MotiveWave® forum.
What do I get for renewing my support and updates on my Purchased
License?
Renewing your updates and support on your Purchased License provides an
additional year of support and software updates. This provides peace of mind
knowing you can turn to us for MotiveWave® - related support and
assistance.
You'll also continue receiving software updates to ensure you have access to the latest and greatest new features and enhancements!
The Additional 1 Year of Updates and Support gives you access to our Support Team and all updates we release for 1 year from the date of purchase. If you still have time left on your support life, the new time will be added on to your existing support life, so you don't lose any time.
You'll also continue receiving software updates to ensure you have access to the latest and greatest new features and enhancements!
The Additional 1 Year of Updates and Support gives you access to our Support Team and all updates we release for 1 year from the date of purchase. If you still have time left on your support life, the new time will be added on to your existing support life, so you don't lose any time.
What happens if I don't renew my support and updates on my Purchased
License?
We only support and make changes to the latest version of the
software.
If you choose not to renew the updates and support on your Purchased License, you can continue to use the MotiveWave® version that was available as of the date your support and updates expired (See Help>About, in the software for your expiry date). You would no longer have access to our Support Team for help, and you would not have access to any updates that we release for the software.
You can always purchase the optional Additional 1 Year of Updates at any time to get instant access to the latest version and you do not need to pay for any 'missing back years'.
If you choose not to renew the updates and support on your Purchased License, you can continue to use the MotiveWave® version that was available as of the date your support and updates expired (See Help>About, in the software for your expiry date). You would no longer have access to our Support Team for help, and you would not have access to any updates that we release for the software.
You can always purchase the optional Additional 1 Year of Updates at any time to get instant access to the latest version and you do not need to pay for any 'missing back years'.
Is there a live demo of the platform, so we can see MotiveWave® in action?
There is so much functionality in MotiveWave® that we can't possibly show it
all
in one demo. But, you can see Product Demos of the features that we have
recently added, as well as a short Intro Demo. You can watch those demos
here.
We do have a Video Library, where we are adding 2 new videos every week highlighting specific tools, functionality, overviews, how-to's, and more ... with plenty more videos in the works!
We do have a Video Library, where we are adding 2 new videos every week highlighting specific tools, functionality, overviews, how-to's, and more ... with plenty more videos in the works!
How does the free trial work?
MotiveWave® offers a 14-Day Risk Free trial.
We only ask for your name and email address, no
credit card information required.
The 14-Day free trial starts when you enter your name and email address on our website, not when you download and install the software, so please make sure you are ready to begin the trial when you sign up.
The free trial is normally of our Ultimate Edition, which includes all of our features. If you would like to try a different edition during your 14 day trial, simply email our Sales team at sales@motivewave.com (after you've created your free trial profile) and they can switch you to the edition of your choice.
At the end of the 14 days, your license key will automatically switch to the free Community edition. If you'd like one of the other editions, you can purchase it directly through our website. When you purchase, your license key from your trial is automatically updated, so you don't lose anything you did on the trial.
The 14-Day free trial starts when you enter your name and email address on our website, not when you download and install the software, so please make sure you are ready to begin the trial when you sign up.
The free trial is normally of our Ultimate Edition, which includes all of our features. If you would like to try a different edition during your 14 day trial, simply email our Sales team at sales@motivewave.com (after you've created your free trial profile) and they can switch you to the edition of your choice.
At the end of the 14 days, your license key will automatically switch to the free Community edition. If you'd like one of the other editions, you can purchase it directly through our website. When you purchase, your license key from your trial is automatically updated, so you don't lose anything you did on the trial.
Where do I get Technical Support?
You can also look through our Training
Resources for help.
If you have a question about how to use the software or are experiencing an issue, please contact our Support team support@motivewave.com. This support is only available on the trial and paid editions (not the free Community edition).
You can also look through our Training Resources for help.
If you have a feature request, you can contact our Support team at support@motivewave.com directly (paid and trial users only) or post it in our User Forum's Suggestions and Feedback section.
If you have a question about how to use the software or are experiencing an issue, please contact our Support team support@motivewave.com. This support is only available on the trial and paid editions (not the free Community edition).
You can also look through our Training Resources for help.
If you have a feature request, you can contact our Support team at support@motivewave.com directly (paid and trial users only) or post it in our User Forum's Suggestions and Feedback section.
Can I cancel my lease at any time?
If you have purchased an auto-renewing lease, you can cancel the auto-renew
subscription at any time and it will not
auto-renew after the current paid lease period. Simply email our Sales team at sales@motivewave.com
to
let them know you wish to cancel. Make sure
you email a few days before your lease auto-renews, so that there is time to
cancel the lease before the
auto-renewal goes through.
If you've purchased the 6 month lease, it does not auto-renew and will simply expire at the end of the 6 month period.
There are no refunds for any remaining time left on your lease. Your current lease will simply expire at the end of the current paid lease period.
If you've purchased the 6 month lease, it does not auto-renew and will simply expire at the end of the 6 month period.
There are no refunds for any remaining time left on your lease. Your current lease will simply expire at the end of the current paid lease period.
Can I upgrade my edition at any time?
If you are on a Lease and want to upgrade to the Purchased License, we can
put
up to a maximum of 6 months' worth of
lease payments (minus any discounts or taxes) towards an upgrade to the
Purchased License of the edition you leased, or
towards a higher edition. You would only need to pay the remaining
difference.
Contact our Sales team at sales@motivewave.com when you are ready to
upgrade to the Purchased License and they will let you know your specific
cost
to upgrade and they will create the
upgrade for you.
If you bought a lower edition Purchased License and want to upgrade to a higher edition Purchased License, we will put the cost of your lower edition (minus any discounts or taxes) towards the upgrade to the higher edition. You would only need to pay the remaining difference. You do need to have active support and updates on your Purchased License in order to upgrade. Contact our Sales team at sales@motivewave.com when you are ready to upgrade to the Purchased License and they will let you know your specific cost to upgrade and they will create the upgrade for you.
Please see our Upgrade Policy for full details.
If you bought a lower edition Purchased License and want to upgrade to a higher edition Purchased License, we will put the cost of your lower edition (minus any discounts or taxes) towards the upgrade to the higher edition. You would only need to pay the remaining difference. You do need to have active support and updates on your Purchased License in order to upgrade. Contact our Sales team at sales@motivewave.com when you are ready to upgrade to the Purchased License and they will let you know your specific cost to upgrade and they will create the upgrade for you.
Please see our Upgrade Policy for full details.
What is your Refund Policy?
MotiveWave® Software offers a 14-day free trial with full access to all
features
so that you have time to review and test out the software in its entirety before
you purchase. Therefore, all sales are final and no refunds are available after
purchase.
If, for a specific reason, you feel you have an extenuating circumstance that requires a refund, you may contact our Sales team at sales@motivewave.com with your reason(s) for requesting a refund and we will review your individual case. Refund exceptions are determined at the sole discretion of MotiveWave® Software. If a refund is given, a 5% admin fee will be deducted from the refund amount.
If, for a specific reason, you feel you have an extenuating circumstance that requires a refund, you may contact our Sales team at sales@motivewave.com with your reason(s) for requesting a refund and we will review your individual case. Refund exceptions are determined at the sole discretion of MotiveWave® Software. If a refund is given, a 5% admin fee will be deducted from the refund amount.
I'm in! What is the best way to get started?
Congratulations! You can purchase MotiveWave® directly through our website
above using Visa, Visa Debit, MasterCard, MasterCard Debit, and American Express. In
some cases, we can offer a PayPal alternative - please contact our Sales team directly at sales@motivewave.com for the
PayPal option.
To start learning MotiveWaveŽ, the first thing we would recommend you do is take a look at our Training Resources, like the Installation Guide, User's Guide, Knowledge Base, and Video Library, which will help get you up to speed and leveraging even the most advanced features in the platform.
To start learning MotiveWaveŽ, the first thing we would recommend you do is take a look at our Training Resources, like the Installation Guide, User's Guide, Knowledge Base, and Video Library, which will help get you up to speed and leveraging even the most advanced features in the platform.