Ninjatrader vs MotiveWave

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

Ninjatrader is a Business & Commerce solution with tags like futures, forex, automated-trading, charting, analysis, brokerage.

It boasts features such as Advanced charting and analysis tools, Automated trading system development, Market replay and backtesting, Custom indicator creation, Order flow analysis, Market depth and DOM, Account simulation, Strategy optimization, Alerts and notifications and pros including Powerful charting and analysis capabilities, Supports development of custom indicators and strategies, Free platform option available, Good selection of order types, Backtesting and market replay functionality.

On the other hand, MotiveWave is a Gaming Software product tagged with charting, trading, backtesting, stocks, futures, forex, options.

Its standout features include 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 it shines with pros like Powerful charting and analysis tools, Backtesting for strategy development, Customizable and flexible platform, Good value for the features offered.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

Ninjatrader

Ninjatrader

Ninjatrader is a futures and forex trading platform targeted at active traders and brokerages. It supports automated and discretionary trading as well as backtesting and market replay functionality. Ninjatrader also provides free charting and analysis tools.

Categories:
futures forex automated-trading charting analysis brokerage

Ninjatrader Features

  1. Advanced charting and analysis tools
  2. Automated trading system development
  3. Market replay and backtesting
  4. Custom indicator creation
  5. Order flow analysis
  6. Market depth and DOM
  7. Account simulation
  8. Strategy optimization
  9. Alerts and notifications

Pricing

  • Free
  • Subscription-Based

Pros

Powerful charting and analysis capabilities

Supports development of custom indicators and strategies

Free platform option available

Good selection of order types

Backtesting and market replay functionality

Cons

Limited third-party integration

Less broker support than some competitors

Advanced features require paid subscription

Steep learning curve


MotiveWave

MotiveWave

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.

Categories:
charting trading backtesting stocks futures forex options

MotiveWave Features

  1. Advanced charting with 100+ indicators
  2. Automated trading strategies and backtesting
  3. Market scanning and screening
  4. Trading directly from charts
  5. Supports stocks, futures, forex and options
  6. Customizable layouts and workspaces
  7. Alerts and notifications

Pricing

  • Free trial
  • Subscription-based

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