MotiveWave vs. TradingView Comparison


MotiveWave MotiveWave Software	TradingView	+	+
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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.	About TradingView is an innovative venture by a group of developers and traders with experience of building trading software, who share a vision that trading technology should be easy, powerful and accessible to everyone. Taking advantage of the latest advancements in cloud computing and browser languages the idea of bringing interactive charts and widgets through any browser to people around the world was made a reality. TradingView is also a social community for traders to interact and learn, share ideas and work together to improve their skills. Unique and simple way to share live charts instantly with technical analysis ideas brings traders together and it's a first step to having a full trading platform in a web browser.
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	Platforms Supported Windows Supported Mac Supported Linux Supported Cloud Supported On-Premises Not Supported iPhone Supported iPad Supported Android Supported Chromebook Supported
Audience Trading platform for anyone	Audience Real-time financial widgets for investors
Support Phone Support Supported 24/7 Live Support Not Supported Online Supported	Support Phone Support Not Supported 24/7 Live Support Not Supported Online Supported
API Offers API Not Supported	API Offers API Not Supported
Screenshots and Videos View more images or videos	Screenshots and Videos View more images or videos
Pricing No information available. Free Version Not Supported Free Trial Supported	Pricing $0 Free Version Supported Free Trial Supported
Reviews/Ratings Overall 3.0 / 5 ease 3.2 / 5 features 3.7 / 5 design 4.0 / 5 support 3.2 / 5 Read all reviews	Reviews/Ratings Overall 4.4 / 5 ease 4.6 / 5 features 4.9 / 5 design 4.9 / 5 support 4.1 / 5 Read all reviews
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.	Pros & Cons from Real Users Pros - A vast database of statistics and financial information covering the economy, markets, and companies, along with access to data from exchanges and brokers – all consolidated in one place. - Useful features like Alerts, Watchlists, lists of popular assets (Sparks), and other tools catering to individuals who may not have the opportunity to continuously monitor the market. - Full trading cycle: without leaving TradingView, users can explore market conditions, analyse the news, inform themselves about trading ideas from the community, conduct fundamental and technical analysis, choose a broker, connect and initiate trades. 1. It has a very extensive list of raw materials, Forex assets, cryptocurrencies and many other projects. In TradingView you can consult the graphs, statistics and details of any currency that exists within the financial market or any commodity asset. 2. When you have done a market study on a specific currency, you can share that study with the TradingView community or forum, to receive comments, feedback, reactions and much more, in addition, you will be able to see how the graph has progressed since you did the study . 3. You can add all kinds of trend lines, horizontal lines and more, you can also add indicators, you can use the Fibonnacci service and many other indicators that make it easier for you to study the chart. 4. All the graph studies that you carry out are automatically saved as a draft, each time you access that graph, you will have all the trend lines and everything that you had previously added to the graph. Advanced interface with Lot of indicators, lines and charts. Supports all markets. Free account is pretty good. Apply your custom formulas. Price alerts. Available as desktop app, web app and mobile app. TradingView as a web application is pretty damn good. Robust features, an ever growing audience and there’s not much to complain about regarding their charts either. -Huge library of indicator overlays and drawing tools -Great guides for beginners and deep customizations for advanced users -Syncs flawlessly across multiple devices -Connect to many popular exchanges directly -Beautiful GUI -Free version is useful Cons Overall, TradingView stands out for its positive contributions, providing an array of features and tools that enhance the trading experience on EXMO.com. No noticeable cons have been identified, making it a reliable and favoured platform among users. 1. It is a platform that has many resources that must be loaded on each device, therefore, the loading of each of the resources causes TradingView to be a platform that consumes a lot, you must have a good computer and a good mobile device to use it correctly. 2. It is not easy to use at all, if you do not have previous experience in Trading and studying currency and commodity charts, you will have a hard time understanding TradingView's functionalities. 3. You cannot write the chart study concept in a language other than English, this causes TradingView to not be able to be used correctly in other countries with other languages. No cons , but it may be overwhelming for beginners to trading. Customer Support is timely in response however I’m not sure they’re very technical. -Placing drawing tools precisely is finicky on mobile app version -Can only save 5 charts & 5 indicators per chart with Premium Plan -Expensive tiers for Premium opens plans can price out intermediate users
Training Documentation Supported Webinars Supported Live Online Not Supported In Person Not Supported	Training Documentation Supported Webinars Not Supported Live Online Not Supported In Person Not Supported
Company Information MotiveWave Software Founded: 2010 Canada www.motivewave.com	Company Information TradingView Founded: 2011 United States www.tradingview.com
Alternatives Bookmap	Alternatives DXcharts Devexperts
JigSaw Trading Jigsaw Trading	DXtrade Devexperts
Pravega	HaasOnline
WaveBasis	ChartBolt
Trade Ideas View All	Tickeron Tickeron, Inc. View All
Categories Algorithmic Trading Supported Charting Supported	Categories Algorithmic Trading Supported Backtesting Supported Charting Supported Crypto Supported Crypto Screeners Supported Crypto Signals Supported Stock Analysis Supported Stock Screeners Supported Technical Analysis Supported
	Algorithmic Trading Features 2-Click Trading Supported Analyst on Demand Not Supported Auto Fibs Not Supported Auto Trend Lines Not Supported Backtesting Supported Basket Trading Not Supported Drawing Tools Supported Pattern Tools Supported Stock Screener Supported Trading From Charts Supported
Integrations Tradovate Supported Bitstamp Not Supported Afterprime Not Supported Alpaca Not Supported BlackBull Markets Not Supported CryptoMatic Bot Not Supported DecisionBar Not Supported EzAlgo Not Supported FXVM Not Supported Fineas Not Supported Finestel Not Supported ForexVPS.net Not Supported Intellectia.AI Not Supported MetaCopier Not Supported NVSTly Not Supported Pine Script Not Supported QuantVPS Not Supported R \| Trader Supported Simple.ink Not Supported YouHodler Not Supported Show More Integrations View All 2 Integrations	Integrations Tradovate Supported Bitstamp Supported Afterprime Supported Alpaca Supported BlackBull Markets Supported CryptoMatic Bot Supported DecisionBar Supported EzAlgo Supported FXVM Supported Fineas Supported Finestel Supported ForexVPS.net Supported Intellectia.AI Supported MetaCopier Supported NVSTly Supported Pine Script Supported QuantVPS Supported R \| Trader Not Supported Simple.ink Supported YouHodler Supported Show More Integrations View All 103 Integrations
Claim MotiveWave and update features and information Claim MotiveWave and update features and information	Claim TradingView and update features and information Claim TradingView and update features and information