Product review: MotiveWave Ultimate 3.5.4 by Donald W. Pendergast Jr.
34 Eglington Ave. West, Suite 127, Toronto, ON M4R 2H6 Canada
phone: 416 840-4602, (fax) 416 628-3515
product: Advanced charting and trading platform
price: 14-day free trial; 90-day lease $295; six-month lease $555; lifetime license $1,595; updates $199
Within the ever-evolving universe of trading and market analysis software, competition is fierce, innovation is plentiful, and customers are becoming more difficult to please. What may have been widely regarded as “best in class” software five or 10 years ago may not even be a viable contender in 2014 as market dynamics change and market participants develop greater understanding of the most effective ways to capitalize on such changes. As such, traditional one-size-fits-all toolbox programs may leave a lot to be desired, particularly if they don’t feature in-depth, leading-edge analysis, scanning, charting, and relevant trading tools. MotiveWave Ultimate 3.5.4 offers all of the toolbox items — and more — typically found in many of the “big-name” software/charting packages, but it’s also packed with highly advanced Elliott wave and harmonic pattern trading tools. This should make it an increasingly popular package for those seeking to perfect their understanding and application of those methodologies in their quest for consistent profitability.