MotiveWave vs Sierra Chart

Struggling to choose between MotiveWave and Sierra Chart? Both products offer unique advantages, making it a tough decision.

MotiveWave is a Gaming Software solution with tags like charting, trading, backtesting, stocks, futures, forex, options.

It boasts features such as Advanced charting with 100+ indicators, Automated trading strategies and backtesting, Market scanning and screening, Trading directly from charts, Supports stocks, futures, forex and options, Customizable layouts and workspaces, Alerts and notifications and pros including Powerful charting and analysis tools, Backtesting for strategy development, Customizable and flexible platform, Good value for the features offered.

On the other hand, Sierra Chart is a Finance product tagged with charting, analytics, trading, financial.

Its standout features include Real-time data feed and charting, Technical analysis tools, Automated trading and strategy development, Custom indicators and studies, Alerts and notifications, Chart drawing and annotation tools, Backtesting and optimization, Market depth and DOM (Depth of Market), Global data coverage, and it shines with pros like Powerful charting and analytics, Flexible and customizable, Supports advanced trading features, Good value for money, Reliable data feeds, Active development and support.

Feature	MotiveWave	Sierra Chart
Overall Score	N/A	N/A
Primary Category	Gaming Software	Finance

Product Overview

MotiveWave

Description: MotiveWave is a charting and trading platform aimed at active traders, offering advanced charting capabilities, trading strategies, backtesting, and more. It supports stocks, futures, forex and options trading.

Sierra Chart

Description: Sierra Chart is a professional charting and trading platform for financial market data. It supports advanced analytics and automated trading strategies with its extensive functionality and highly customizable features.

Key Features Comparison

MotiveWave Features

• Advanced charting with 100+ indicators
• Automated trading strategies and backtesting
• Market scanning and screening
• Trading directly from charts
• Supports stocks, futures, forex and options
• Customizable layouts and workspaces
• Alerts and notifications

Sierra Chart Features

• Real-time data feed and charting
• Technical analysis tools
• Automated trading and strategy development
• Custom indicators and studies
• Alerts and notifications
• Chart drawing and annotation tools
• Backtesting and optimization
• Market depth and DOM (Depth of Market)
• Global data coverage

Pros & Cons Analysis

MotiveWave

Pros

• Powerful charting and analysis tools
• Backtesting for strategy development
• Customizable and flexible platform
• Good value for the features offered

Cons

• Steep learning curve
• Limited customer support options
• Mobile app lacks some desktop features

Sierra Chart

Pros

• Powerful charting and analytics
• Flexible and customizable
• Supports advanced trading features
• Good value for money
• Reliable data feeds
• Active development and support

Cons

• Steep learning curve
• Can be resource intensive
• Limited free trial
• Requires purchasing separate data feeds
• Lacks some beginner-friendly features

Pricing Comparison

MotiveWave

• Free trial
• Subscription-based

Sierra Chart

• One-time Purchase
• Subscription-Based