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MotiveWave - experiences?


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MotiveWave - experiences?

 
parth6512
West Seneca, NY
 
Posts: 8 since Sep 2019
Thanks Given: 2
Thanks Received: 3


yolo778778 View Post
My Mac M1 is on the way. Anyone has any experience (or difficulty)?with the new M1 Macs using Motivewave?

I’ve been using it on my M1 Mac Mini for couple days. No issues at all. Runs very smooth.

Waiting for their next sale to purchase license.

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yolo778778
Malaysia
 
Posts: 27 since Aug 2020
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parth6512 View Post
I’ve been using it on my M1 Mac Mini for couple days. No issues at all. Runs very smooth.



Waiting for their next sale to purchase license.



Do you get platform "throttling" and "lagging" after some sometime of usage?

Don't know what my issue is. Yesterday I try to leave it on for a whole day, I just get a data timeout message, meanwhile the platform is running like a 1 htz monitor if not completely frozen. Lol. I have this issue with my previous laptop and this mac mini (16 ram)



Wonder how you "run very smooth"?

 
parth6512
West Seneca, NY
 
Posts: 8 since Sep 2019
Thanks Given: 2
Thanks Received: 3



yolo778778 View Post
Do you get platform "throttling" and "lagging" after some sometime of usage?

Don't know what my issue is. Yesterday I try to leave it on for a whole day, I just get a data timeout message, meanwhile the platform is running like a 1 htz monitor if not completely frozen. Lol. I have this issue with my previous laptop and this mac mini (16 ram)



Wonder how you "run very smooth"?

I don’t have those issues you are describing. Mine has been running(24/7) for last few days now along with ToS. One thing I did have to change was to enable “Prevent computer from sleeping automatically” in System Preferences > Energy Saver.

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Donovan2580
Port St. Lucie, FL
 
Posts: 36 since Jul 2016
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Try going into the settings of the volume profile and uncheck "use historical bars". It is my understanding that with this checked it gives you an "estimate" but drastically improves the load time. Unchecked it will pull from raw data.

Hope that helps





SBtrader82 View Post
I compared the volumes at each price with those displayed by Sierrachart and Tradestation, and there were some discrepancies, basically the numbers in both Sierrachart and Tradestation were exactly the same while in MotiveWave there were some differences.
I just noticed that if you use the VOLUME-IMPRINT study, instead of volume profile, the number seem to be consistent.

See the attachments below.



1) sierrachart volume profile split between Overnight and Pit session (Regular trading hours)
2) MOtivewave Volume Profile split between Overnight and Pit session (the number are inconsistent with the volume shown in Sierrachart)
let me know if maybe I am wrong in configuring this study
3) Motivewave VOLUME IMPRINT, this is their name for the volume profile and I did not split it between Regular and extended trading hours, now the number are correct with the volume displayed by sierra (just sum the volumes of the overnight and pit session in sierra and you will get the numbers displayed in Motive wave.

Honestly after discovering the new Volume Imprint features, I can't understand why the numbers in "volume profile" study are not consistents, am I wrong in the way I set it up?


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yolo778778
Malaysia
 
Posts: 27 since Aug 2020
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Donovan2580 View Post
Try going into the settings of the volume profile and uncheck "use historical bars". It is my understanding that with this checked it gives you an "estimate" but drastically improves the load time. Unchecked it will pull from raw data.

Hope that helps

Hello Donovan,

Thanks for the advise. Even though it does not really improve on my situation.
It's frustrating to see that my computer is running smoothly but the app is not. Something is just not right.
I switched back to my old Intel mac for a while, and it actually does a bit better than the M1. So there might be a compatibility issue.
Not sure how people say it runs smoothly? Wonder what kind of charts they are using?

Of course, if I tone the platform way down to the most simple studies, it can run better. But what is the point paying for a platform if I cannot "power use" for the price? Even when you have enough RAM and CPU.
BTW, with historical data checked, I am not getting a correct delta reading on my volume imprint. So that sucks too.

The only solution to me is just logging out and logging back in

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Antares66
Berlin+Germany
 
Posts: 58 since Jan 2020
Thanks Given: 8
Thanks Received: 41

I come from stock trading and would like to try out future trading. I tested SC and bought the Order Flow Edition of MW.
I have an IB account for years and i am permitted for future trading
At first i don´t want to pay too much for datafeed and want only use IB´s datafeed. I always subscribed "US Equity and Options Add-On Streaming Bundle"
which contains future quotes without market depth. IB also offers "US Futures Value Bundle PLUS" for market depth. Would a subscription make sense?
Honestly i don´t know how to use the whole market profile, oder flow stuff, i would trade from a one minute chart at first.
My question: Would IB´s future datafeed be sufficent for my needs (try out) as a beginner future trader?

 
 
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 ch123456 
Houston+Texas/United States
 
Experience: Intermediate
Platform: Ninja Trader, Motivewave
Broker: NinjaTrader, Oanda, TD Ameritrade
Trading: CL GC
Posts: 96 since Nov 2015
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Antares66 View Post
I come from stock trading and would like to try out future trading. I tested SC and bought the Order Flow Edition of MW.
I have an IB account for years and i am permitted for future trading
At first i don´t want to pay too much for datafeed and want only use IB´s datafeed. I always subscribed "US Equity and Options Add-On Streaming Bundle"
which contains future quotes without market depth. IB also offers "US Futures Value Bundle PLUS" for market depth. Would a subscription make sense?
Honestly i don´t know how to use the whole market profile, oder flow stuff, i would trade from a one minute chart at first.
My question: Would IB´s future datafeed be sufficent for my needs (try out) as a beginner future trader?



This data bundle works fine for trading with both Market Profile and the Footprint in MW.


(I do have to warn, if you use tick charts, the IB futures data takes forever (beyond slow) to load. However, once it loads it works fast and perfect the rest of the day. I always fire up MW and then go make a pot of coffee. When I come back the data is usually loaded into the charts.

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Antares66
Berlin+Germany
 
Posts: 58 since Jan 2020
Thanks Given: 8
Thanks Received: 41

This is exactly what i already subsribed ;-) Thank you very much for your advice. If i understand you correctly, you are not an orderflow/market profile/DOM Trader.
I am a little bit suprised that our subscription works so well for futures because using it for stock trading is awful. The stock charts take minutes to backfill or you get an pacing violation message.
For stock charting i use TC 2000 and not MW. If i consider trading stocks with MW, i would use another datafeed like barchart or iq. But this costs 60 bucks extra minimum.

 
 zeyes 
Singapore
 
Experience: None
Platform: NT, MT, TWS
Trading: Index Futures, FX
Posts: 6 since Mar 2017
Thanks Given: 6
Thanks Received: 1


parth6512 View Post
I don’t have those issues you are describing. Mine has been running(24/7) for last few days now along with ToS. One thing I did have to change was to enable “Prevent computer from sleeping automatically” in System Preferences > Energy Saver.

What's your Mac mini config? 16gb or 8Gb ram?

 
parth6512
West Seneca, NY
 
Posts: 8 since Sep 2019
Thanks Given: 2
Thanks Received: 3



zeyes View Post
What's your Mac mini config? 16gb or 8Gb ram?

Base 8GB model.

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Last Updated on August 26, 2021


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