Build Alpha

Build Alpha

Axiom Futures
MotiveWave

MotiveWave

MotiveWave Software
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About

Build Alpha uses a genetic algorithm to create thousands of algorithmic trading strategies at the click of a button. Combine, test and create millions of entry and exit signals with no coding necessary. Find complimentary filters to existing rules, improve existing strategies or create new ones. Ability to backtest, stress test and generate code from one algorithmic trading software with no code. Data included and partnered with various data providers and brokers. Build Alpha also generates complete code for multiple trading brokers such as: TradeStation, MultiCharts, NinjaTrader, MetaTrader4, MetaTrader5, Python and more. All asset classes, timeframes and bar types.

About

MotiveWave is a feature-rich, user-friendly, highly customizable trading software with beautiful charts. We also have the most advanced Elliott Wave software available. MotiveWave is broker and data feed neutral, and we support Windows, macOS and Linux. Our trading software is available in 6 different editions to meet your charting and trading needs, and we also offer multiple purchasing options to fit your budget. Take our no obligation, risk-free 14 day free trial of our MotiveWave trading platform. You'll have full access to all of our trading software features found in the Ultimate Edition. We do not ask for any credit card information.

Platforms Supported

Windows Supported
Mac Supported
Linux Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Supported
Mac Supported
Linux Supported
Cloud Not Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Traders, Investors, Data Scientists

Audience

Trading platform for anyone

Support

Phone Support Not Supported
24/7 Live Support Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

$1500 one-time
Contact for details or fill out a survey for a discount
Free Version Not Supported
Free Trial Not Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Supported

Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 5.0 / 5
support 5.0 / 5

Reviews/Ratings

Overall 3.0 / 5
ease 3.2 / 5
features 3.7 / 5
design 4.0 / 5
support 3.2 / 5

Pros & Cons from Real Users

Pros

  • Personally, I use BA to develop, test, and implement a portfolio of equity strategies, with the modest goal of providing my family a little extra income each year. Our results thus far have been terrific and, more importantly, perfectly in line with BA’s modeling. Needless to say, this technical and statistical “accuracy” reinforces my confidence in your product and in my own strategy development process. As an aside, the value that your randomness modeling and variance testing provides is incalculable, particularly in terms of the time and money these two “filters” save me by not having to further test deceptively promising strategies.
  • Extremely easy to test and build all my strategy ideas. I have even found new strategy concepts letting the machine learning build strategies for me. This has been a big time saver and would highly recommend this software to any serious trading system developer.
  • There are so many entry and exit signals and functions that it is nearly impossible to even list them all. I particularly like the non-price signals like market breadth, term structure, treasury spreads as have not found any other software to test these. These things impact the market environment and conditions and in a way all the price action anomalies. Build Alpha let's me test any combination quickly. Big time saver.
  • Very easy to use and generates reliable strategies quickly. Generated code is clean and works well on both TradeStation and NinjaTrader.
  • *Covers every market and timeframe *Tons of included data and ability to add my own *Flexible interface to add/exclude indicators *Super fast results and great stress tests *Reliable code and execution of generated code

Cons

  • While I’ve been a marginally profitable discretionary trader for many years, this is the first time I have ever made any money trading with algorithms, despite decades of effort. Only time will tell how permanent my results will be, but I’m convinced I’ve stumbled upon something special with BA.
  • At this point I do not have any cons or negative things to add
  • Would like to run the software on more than 2 PCs. However, Dave is very good about moving the software to new machines when requested. It is just the one downfall of desktop applications but not a knock at the software’s quality or my experience so far.
  • Limit to two PCs is difficult as I travel and want to have an install on a work PC.
  • *Desktop so limited to two PCs *Need to use virtual environment on Mac (Dave gave discount for Parallels purchase)

Pros & Cons from Real Users

Pros

  • Nothing yet. This has been a giant pain. You think you are making progress watching their videos only to find it does not work.
  • Very fast and reliable on Mac M1 M2 M3 series. it uses minimal CPU resources. it runs on MacBook battery for a very long time, and I don't need to plug in my MacBook so I'm mobile and feel free to walk around and still see the market. It doesn't crash often like NinjaTrader. everything can be easily backed up and restored - unlike NinjaTrader. And the best thing... is pricing - Order Flow edition is all I need - awesome heatmap like Bookmap ($2k software) and awesome Bid xAsk volume imprint - very important for Order Flow traders.
  • Nothing. Nada. Zip. Garbage. Outdated. Trash. Cheap. Non attractive. Lost in time. Waist of money. Find a different software. Save your money.
  • - lightning fast on M1 Mac - great email tech support - Order Flow edition is more affordable than NinjaTrader and Bookmap - great alternative to Bookmap with similar heats and big order bubble - license comes with iPadOS version with limited functionalities
  • Charting, flexibility. The breadth of analyses that the platform is capable of is also very good. Ability to connect to multiple data sources is great.

Cons

  • After watching so many of their videos, I found that some aspects of the videos did not work or lacked complete information. I have spent hours setting up charts and trying to save them. MW support keeps giving me ways to do this. Should be f simple. however, when I reopen MW those charts are not to be found. 'Dealing with emails at customer support it brutal. You have to write and rewrite paragraphs and include screen shots of the progression of the issue. After all that, the fix does not work. i am only continuing with MW because I hear Sierra has literally no customer support.
  • #1. WiFi connection can lag Order Flow volume imprints. If there is a lag, I have to MANUALLY refresh all the Bids x Asks. With Ethernet, this problem is solved. #2 Custom Indicator - very hard to DIY although I have source codes in PineScript. There is a programmer on MotiveWave forum, and his name is Spin. He's very reliable to make one for you.
  • Garbage. Garbage customer Care. Garbage graphics. Garbage experience considering it didn't work and they wanted my to spend 20 hours fixing their garbage software.
  • - not great for charting, TradingView is still the best - losing connection to Rithmic sometimes. However, it's a common issue among NinjaTrader and Tradovate
  • Some of the objects aren’t as smooth as I would like. Overall, however, no big deal.

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Not Supported

Training

Documentation Supported
Webinars Supported
Live Online Not Supported
In Person Not Supported

Company Information

Axiom Futures
Founded: 2015
United States
Buildalpha.com

Company Information

MotiveWave Software
Founded: 2010
Canada
www.motivewave.com

Alternatives

MetaTrader 4

MetaTrader 4

MetaQuotes

Alternatives

MetaTrader 5

MetaTrader 5

MetaQuotes
JigSaw Trading

JigSaw Trading

Jigsaw Trading

Categories

Categories

Charting Supported

Algorithmic Trading Features

2-Click Trading Not Supported
Analyst on Demand Not Supported
Auto Fibs Not Supported
Auto Trend Lines Not Supported
Backtesting Supported
Basket Trading Not Supported
Drawing Tools Not Supported
Pattern Tools Supported
Stock Screener Supported
Trading From Charts Not Supported

Integrations

Binance Supported
Interactive Brokers Supported
MetaTrader 4 Supported
MetaTrader 5 Supported
NinjaTrader Supported
Python Supported
R | Trader Not Supported
TradeStation Supported
Tradovate Not Supported

Integrations

Binance Not Supported
Interactive Brokers Not Supported
MetaTrader 4 Not Supported
MetaTrader 5 Not Supported
NinjaTrader Not Supported
Python Not Supported
R | Trader Supported
TradeStation Not Supported
Tradovate Supported
Claim Build Alpha and update features and information
Claim Build Alpha and update features and information
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Claim MotiveWave and update features and information