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Purchased Order Flow edition just over 12 months ago. I was using ThinkOrSwim but wanted better data/speed and less resource heavy platform. As I’m a Mac user, there are very few native (non VM) options (aside from HTML5 which I did not want). Motivewave is one of those options.
I love the platform; fast, great graphics, plenty of customization, and lots of tools other people might like. The one thing I cared more about than anything given how I trade was speed of placing a trade at specific prices; I wanted a single click entry from the chart itself; MW’s price axis trading provides for this.
Experience with customer support has also been great, and I’ve never had any crashes or other glitches. They also seem to provide frequent updates, probably once a month at least with some new addition, many of those additions being something someone requested in the user forum.
If I was not a Mac user, I would consider a few other options (Overcharts or Quantower), but after a year with MW, even if I did switch to PC, I would stick with them. Very happy overall with the decision and platform.
Thanks. Do you mind answering to below:
1- How is Spot Forex liquidity in TinkOrSwim/TD-Ameritrade comparing to IB?
2- Is the leverage in Spot Forex major pair in TinkOrSwim/TD-Ameritrade is 1:50?
3- Do you use MotiveWave with TD-Ameritrade? Do you trade Spot Forex pairs and will it freeze while major news releases (e.g. NFP, etc)?
4- How do you compare order's Fill in Spot Forex major pairs in TD-Ameritrade to IB?
I haven't traded Forex for nearly a decade now so can't really comment relative to most of the above relative to Forex questions. However, thinking back to when I did trade Forex - IB had better spreads and commissions than TD. The leverage you quoted sounds about right. And as with futures, I imagine ToS is delayed during news releases, but can't say for certainty.
I have used MW with TD Ameritrade, but only briefly. I trade futures only, and TD doesn't provide for third party software trading of futures, only equities (and perhaps Forex, but do not know).
I stumbled along APEX Trade Copier ( NinjaTrader 8 Trade Copier). It says: "NinjaTrader 8 Trade Copier -
Copy To multiple accounts entries exits stops and adjustments as well as do crossover between micro and mini."
I don't use Ninjatrader and I have Motivewave and R Trader Pro(Rithmic). Can you do the same on those platforms?
There is a lot of grey area in your project. I believe professional programs in sensitive subjects like Trading in Financial Markets need a proper Software Engineering Architect Doctor to architect, analyze, design, develop this project and then implement this with a highly skilled programming team.
Check out SDK in the attachment and consult with a specialist.
Depending on do you purchased the full licence of Motivewave Ultimate 2,295USD or are you paying the monthly lease price of $159/mo for it, you may experience different situations?