Futures comms are cheaper in AMP than IB, but I also trade equities and therefore need IB. Wave59's highly intelligent platform delivers. Look at the market like you've never been able to before, with predictive price forecasts, the Fibonacci Vortex, Hive Technology & Market Astrophysics. It's a cool setup in MW to be able to do so. What’s the difference between MotiveWave, NinjaTrader, Pravega, and TradingView Compare MotiveWave vs. Designed by a CBOT insider, Wave59 is a powerful, advanced trading platform that delivers a competitive edge.
#Motivewave vs wave59 software
And like said, IB is the way to go if you trade both Futures and Equities.įull-disclosure: I now chart in MotiveWave using CQG data from my AMP account and execute in IB. Compare price, features, and reviews of the software side-by-side to make the best choice for your business. Like said about TDA, the comms are expensive and worth switching brokers. Rather than selling monthly subscriptions to their service, MotiveWave sells lifetime licenses, of which you can start a payment plan for to pay off over a period of time.
#Motivewave vs wave59 full
After many convos with IB and MW Support, this is an IB API issue. MotiveWave offers multiple different licenses ranging from a basic charting package, to a full suite of charts, backtesting, walk-forward testing, strategy execution, and more. Also using IB, the data gets wonky on certain instruments.
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The drawback for retail traders is the price tag, which might be described as an "arm and a leg," but for professional traders, the price is right in line with what we already pay.ĭata providers like IB, TOS/TDA and TradeStation provide "SNAPSHOT" data. IQ Feed is in IMO the absolute best in reliability and quality. Rithmic is similar in reliability but also provides Level III, full-book depth at a little higher cost. If you're day trading futures, the ONLY data feeds you should use need to be tick-based and not "snapshot" providers.