MotiveWave Trading Indicators
Elevate your technical analysis with advanced studies specifically designed for MotiveWave.
Explore the indicatorsVolume Plus
The Volume Plus study for MotiveWave is the ultimate volume indicator. It gives you a visual display of relative volume on the chart and displays significant volume changes directly on the candle bars. This is massively helpful for assessing market sentiment.
- Plug and play replacement for the built-in volume bars
- Useful for reversal trading, breakout trading, and momentum trading
- Clearly identify high-probability trade entries or market conditions to avoid
- Many customization options
OBV Plus
The OBV Plus indicator for MotiveWave can be used for measuring buying and selling pressure and for finding divergences in volume and price. Since it is based on volume, it is often a leading indicator.
- The classic OBV (On Balance Volume) but on steroids, has a custom formula that takes momentum into account
- Great for gauging the momentum of the market and identifying price exhaustion
- Can be used as a leading indicator to help you anticipate market movements and identify market sentiment
Free! RR Tool
The RR (Risk to Reward) Tool displays dynamic SL/TP levels on the chart based on ATR (Average True Range) or a fixed range if selected.
- Calculates the position size for your trades.
- Helps keep your risk consistent regardless of market volatility.
- Allows you to compare SL/TP placements in relation to current price action for better entries.
Economic News & Events
The News & Events indicator displays important economic news and events on your chart and makes sure you're aware of times with expected volatility
- Built-In sound alerts for high and medium impact events
- Option to show vertical lines for upcoming events on the time axis
- Extensive customization options
Opening Range
The Opening Range study has customizable extended targets on each side and a shaded area of the opening range.
- Customizable opening range timeframe and extended targets
- Works with both Regular Trading Hours (RTH) and Extended Trading Hours (ETH)
- Seconds-based timeframe supported
Contact
Have questions about the indicators or want to request a customized indicator? Use the form below.