Jeremy Biberdorf
By: Jeremy Biberdorf
Jan 05, 2023

Motivewave Review 2024

Jeremy Biberdorf
By: Jeremy Biberdorf
Jan 05, 2023

Disclosure

Disclosure: This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.
Disclosure: This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.
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 featurePromotion
$0 - $99/moPre-built Elliott Wave countsStart your 14-day Free Trial!
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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What is Motivewave?

motivewave,com website

Motivewave is a comprehensive trading platform tailored for those seeking advanced technical analysis and charting capabilities. Renowned for its diverse set of tools, Motivewave caters to both novice and seasoned traders, offering functionalities like Elliott Wave analysis, Fibonacci tools, and customizable alerts.

With its emphasis on user-friendly interfaces and the flexibility to adapt to a trader’s unique needs, Motivewave stands out as a top choice in the stock trading tools sector. Whether you’re delving into the world of trading for the first time or are a veteran in the field, Motivewave offers a suite of features to enhance and refine your trading strategies.

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.

External Motivewave Reviews & Ratings

SiteRating
Reviewsio5
Trustpilotmotivewave trustpilot review
Apple App Store4.1 from 7 reviews

Firsthand User Experience with Motivewave

Here are some reviews from traders who have experienced the platform firsthand:

“I have been trading for over 7 years (full-time). I mainly use the MotiveWave DOM, Footprint, TPO, Volume Profiling, and Elliott wave components. I find the the tools to be intuitive to use and at the same time very sophisticated. MotiveWave order execution tools are great and can be trusted! The support is also very good. MotiveWave will give you an edge in the market!”
“I have been using Motivewave for 8 years. I came from another product that I thought was extensive in features. This was before I started using Motivewave. I have researched many different products and there is nothing else out there like Motivewave. The developers are easy to work with. The support staff is nice, knowledgeable, and responsive. The product is feature-rich and evolves with frequent updates. I couldn’t ask for a better charting/analysis platform.”
“This is easily the #1 trading platform. It is packed to the gills with over 300+ indicators and dozens of automated strategies out of box. They also include Java source code. It is also the only major platform that runs on Linux let alone with true cryptocurrency spot exchange support. Awesome platform to use.”
“Motivewave is to the footprint chat what jigsaw is for the dom. The options and visual cues available for the footprint from motivewave make it the go to platform for anyone who trades using a footprint chart. With constant updates, you can see the reinvestment MW is making in themselves by staying focused on improving what they are good at and providing more options to assist traders.”

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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