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MotiveWave - experiences?


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MotiveWave - experiences?

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  #51 (permalink)
Dallas, TX
 
Experience: Intermediate
Platform: MotiveWave, NinjaTrader
Broker: InteractiveBrokers, AMP Clearing
Trading: NQ, ES, GC (sometimes RTY, NG)
 
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psp777 View Post
Are you saying the data is in accurate? For example volume Number totals? Or other...can you please expand on this? I may look into IQ feed if what you are saying impacts me. I didnt see any issues other than volume totals being different than my sierra charts setup.

Thanks.

Yes, I am. IB futures data can easily be inaccurate on faster time frames and non-linear charts. Not so much an issue on slower TF's.

Because moves can happen so quickly, IB "snapshot" data will occasionally miss uber-fast spikes. The actual candles will look different (shorter, missing the move... until you later refresh the data).

I'm not sure what data you're using for SC, but when in MW you compare IB data with a tick-based data like CQG, volume totals are often (if not always) different.

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  #52 (permalink)
Los Angeles, CA /USA
 
Experience: Master
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KahunaDog View Post
MW has been having a lot of youtube uploads and continues updating and upgrading.

We've had an increase in clients asking about MotiveWave and demos on the platform. It's a great solution especially if you are a MAC user. There TPO charts is especially nice and provide tons of info. I haven't used it enough because we offer many different platforms but if you are a MAC user and you're looking for a good platform that isn't web based, MotiveWave is a good option in my opinion.

PM with any questions about Cannon Trading (800) 454-9572 (310) 859-9572. Trading commodity futures, forex and options involves substantial risk of loss. The recommendations contained in this post are of opinion only and do not guarantee any profits. These are risky markets and only risk capital should be used. Past performance is not necessarily indicative of future results.
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  #53 (permalink)
Los Angeles, CA
 
Experience: Advanced
 
Posts: 39 since Nov 2019
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Curious if anyone has any updated experiences to discuss?

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  #54 (permalink)
Yorktown, VA
 
Experience: Intermediate
Platform: Motivewave, Zanner, TView
Broker: DeCarley
Trading: Currency
 
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Greenmoose View Post
Curious if anyone has any updated experiences to discuss?

I been using it for years. It's faster and better with the latest updates.

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  #55 (permalink)
Los Angeles, CA
 
Experience: Advanced
 
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TradeTheLevel View Post
I been using it for years. It's faster and better with the latest updates.

Curious if you have any experience with DOM trading? Compared to say Jigsaw or Sierra in terms of speed and execution?

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  #56 (permalink)
Yorktown, VA
 
Experience: Intermediate
Platform: Motivewave, Zanner, TView
Broker: DeCarley
Trading: Currency
 
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Posts: 406 since May 2017
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Greenmoose View Post
Curious if you have any experience with DOM trading? Compared to say Jigsaw or Sierra in terms of speed and execution?

No issues with execution. I'm not a DOM trader so I can't comment about those features.

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  #57 (permalink)
Dallas, TX
 
Experience: Intermediate
Platform: MotiveWave, NinjaTrader
Broker: InteractiveBrokers, AMP Clearing
Trading: NQ, ES, GC (sometimes RTY, NG)
 
ScottyA's Avatar
 
Posts: 17 since Mar 2017
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Greenmoose View Post
Curious if you have any experience with DOM trading? Compared to say Jigsaw or Sierra in terms of speed and execution?

I find the 2019 MotiveWave DOM updates put the software on a similar playing field as Jigsaw. (Would be better with Rithmic data rather than CQG.) Here's a screenshot from when they first released the updates in early 2019:

Scotty A's Advanced DOM March2019


Never executed with Jigsaw, but I own, love, and have watched it in the past. SC is quite robust based on the testimony from many colleagues that use Sierra Charts, but I cannot comment as I've never used it.

Agree 100% with @TradeTheLevel. MotiveWave is super-fast, as I love the updates they continue to make.

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  #58 (permalink)
Los Angeles, CA
 
Experience: Advanced
 
Posts: 39 since Nov 2019
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ScottyA View Post
I find the 2019 MotiveWave DOM updates put the software on a similar playing field as Jigsaw. (Would be better with Rithmic data rather than CQG.) Here's a screenshot from when they first released the updates in early 2019:

Scotty A's Advanced DOM March2019


Never executed with Jigsaw, but I own, love, and have watched it in the past. SC is quite robust based on the testimony from many colleagues that use Sierra Charts, but I cannot comment as I've never used it.

Agree 100% with @TradeTheLevel. MotiveWave is super-fast, as I love the updates they continue to make.

Thank you everyone. Definitely seems like Motivewave is an amazing under the radar choice.

Now I'll have to wait for one of their sales....

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  #59 (permalink)
Los Angeles, CA
 
Experience: Beginner
Platform: NinjaTrader, TOS
Trading: Emini ES, NQ, YM
 
Posts: 5 since Aug 2017
Thanks: 2 given, 2 received


ScottyA View Post
I find the 2019 MotiveWave DOM updates put the software on a similar playing field as Jigsaw. (Would be better with Rithmic data rather than CQG.) Here's a screenshot from when they first released the updates in early 2019:

Scotty A's Advanced DOM March2019


Never executed with Jigsaw, but I own, love, and have watched it in the past. SC is quite robust based on the testimony from many colleagues that use Sierra Charts, but I cannot comment as I've never used it.

Agree 100% with @TradeTheLevel. MotiveWave is super-fast, as I love the updates they continue to make.

Are you using MW on 4K monitor? I run MW on 3 x 4K monitors and I find it struggles quite a bit. Candlesticks would lag for 4-5 ticks during fast market. Sometimes with two charts open side by side, same instrument, same tick size, the candlesticks on both chart would eventually appear differently until I clear local cache or change the bar size. Their DOM is excellent though.

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  #60 (permalink)
Dallas, TX
 
Experience: Intermediate
Platform: MotiveWave, NinjaTrader
Broker: InteractiveBrokers, AMP Clearing
Trading: NQ, ES, GC (sometimes RTY, NG)
 
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Posts: 17 since Mar 2017
Thanks: 24 given, 9 received



xiixexe View Post
Are you using MW on 4K monitor? I run MW on 3 x 4K monitors and I find it struggles quite a bit. Candlesticks would lag for 4-5 ticks during fast market. Sometimes with two charts open side by side, same instrument, same tick size, the candlesticks on both chart would eventually appear differently until I clear local cache or change the bar size. Their DOM is excellent though.

System lag rarely comes from the monitors, as it's more likely a graphics card issue. There could also be a slew of other issues, such as the type of Studies you use and how many.

I used to run a 2011 iMac that worked great! It was one of the 1st Apple comps to incorporate Thunderbolt, but when I plugged in a third monitor, WOW! MW could barely function. All that due to the graphics card.

Now, I have an iMac Pro, which is 5k, another LG 5k monitor, and then the legacy Apple Thunderbolt display which is 2560 x 1440 (1440p/QuadHD/WideQuadHD)... so 3 total.

ZERO issues with MotiveWave lag due to the computer, but when I put on a tick-based, data-intensive Study like Volume Imprint, sure, MW can lag in a fast market. It's not the iMac Pro for sure!

I also find that the broker data feed and how many Active Tickers you have can slow things down. I didn't have any issues with IB stocks/indices, but with free TD Ameritrade data, MW clogged very quickly, especially near the open.

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