Motivewave Review 2023

Jeremy Biberdorf By: Jeremy Biberdorf Jan 05, 2023
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Motivewave Logo

4.6/5

4.6 rating based on 5 ratings

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In a nutshell: Motivewave is a comprehensive trading platform that offers a variety of technical analysis tools and charting platforms for experienced traders. It is known for its advanced features and powerful tools, including Elliott Wave analysis, Fibonacci tools, and advanced alerts. Motivewave is often considered a top choice among stock trading tools and charting platforms due to its beautiful charts and technical indicators.

PriceFavorite feature
$0 - $99/moPre-built Elliott Wave counts
Pros & Cons
Pros
  • Extensive range of tools
  • Excellent customer support
  • User-friendly interface
  • 14-day free trial
Cons
  • Cost
  • Can be overwhelming

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Motivewave Logo
4.6 rating based on 5 ratings
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Motivewave History

Motivewave was founded by a team of experienced traders and developers with the goal of creating a comprehensive trading platform that could meet the needs of both beginner and advanced traders. Since its inception, Motivewave has consistently released updates and new features, solidifying its place as one of the leading charting platforms and stock trading tools on the market.

Membership Options

As mentioned previously, Motivewave offers three membership options: standard, order flow, and pro. The standard membership includes access to all of the platform’s technical analysis tools and charting platforms, as well as customer support. The order flow membership includes all of the features of the standard membership, as well as additional order flow tools and access to more advanced features. The pro membership includes all of the features of the standard and order flow memberships, as well as backtesting tools and access to additional resources and training materials.

Motivewave Features

Motivewave offers a wide range of technical analysis tools and charting platforms to help traders make informed decisions about their trades. Some of the key features of the platform include:

  • Elliott Wave analysis: Motivewave offers a range of tools to help traders analyze market trends using the Elliott Wave principle. These tools include the ability to create and customize Elliott Wave counts, as well as access to a library of pre-built Elliott Wave counts.
  • Fibonacci tools: Motivewave offers a variety of Fibonacci tools to help traders identify key support and resistance levels in the market. These tools include Fibonacci retracements, extensions, and arcs, as well as the ability to customize these tools to fit the trader’s specific needs.
  • Advanced alerts: Motivewave allows traders to set up advanced alerts to notify them of important market events or changes in their trades. These alerts can be customized to fit the trader’s specific
  • Chart templates: Motivewave offers a range of chart templates to help traders customize their charts to fit their specific needs. These templates can be used to display a variety of technical indicators and overlays, as well as to change the appearance of the chart itself.
  • Technical indicators: Motivewave offers a wide variety of technical indicators to help traders analyze market trends and make informed decisions about their trades. These indicators include everything from moving averages and Bollinger Bands to RSI and MACD.
  • Order flow tools: Motivewave offers a range of advanced order flow tools to help traders analyze the flow of orders in the market. These tools can be particularly useful for experienced traders looking to get a more in-depth understanding of market dynamics.

Pros

One of the major benefits of Motivewave is its extensive range of technical analysis tools. It offers a wide variety of chart templates and technical indicators to help traders make informed decisions about their trades. The platform also has a number of advanced features that can be particularly useful for experienced traders, such as the ability to customize charts and set up advanced alerts.

Another advantage of Motivewave is its user-friendly interface, which makes it easy to navigate even for traders who are new to technical analysis. The platform also offers excellent customer support and a 14-day free trial, allowing traders to test out the platform before committing to a membership.

Cons

One potential downside of Motivewave is its cost. The platform offers three membership options: standard for $24/mo, order flow for $49/mo, and pro for $99/mo. While these prices are relatively standard for trading software, they may be prohibitively expensive for some traders.

Another potential issue with Motivewave is its learning curve. The platform has a wide range of advanced features, which can be overwhelming for traders who are new to technical analysis. It may take some time for these traders to get up to speed and fully utilize all of the features offered by Motivewave.

Is Motivewave Worth It?

Given its comprehensive range of technical analysis tools and charting platforms, Motivewave is certainly worth considering for any trader looking to take their trading to the next level. Whether you are a beginner or an experienced trader, Motivewave has something to offer. Its advanced features and powerful tools make it a valuable addition to any trader’s toolkit.

Of course, like any trading platform, Motivewave has its pros and cons. Its cost may be a barrier for some traders, and its learning curve may be steep for those new to technical analysis. However, with its 14-day free trial and excellent customer support, it is easy for traders to test out the platform and decide for themselves if it is worth the investment.

If you are interested in giving Motivewave a try, be sure to take advantage of the 14-day free trial and see for yourself if it is the right fit for your trading needs. With its advanced features and powerful tools, Motivewave is a powerful tool that can help you take your trading to the next level.

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Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. After working many years in the website marketing industry, he decided to take on blogging full time and also get his finances headed in the right direction. Also check out his contributions to Equities.com and Benzinga.