Every MW Question I've Wanted to Ask (But Haven't)

[tecnition]

Hello folks; I’m slowly transitioning my ‘half a decade’ TradingView workflow over to a new charting platform. I want that new platform to be MotiveWave. It would be great if MW becomes my final ‘one stop shop’ for trading-related work so here are all the questions I wanted to ask, but haven’t:

1. How to display premarket levels on a regular trading hours chart? Here it is on TradingView, would really like something like this on MotiveWave.
   
   
   

1. Part of what I love about TradingView is how many user made script there are. This one is particularly important to me: it draws SPY or SPX gaps on the ES chart automatically so I don’t have to change charts between RTH/ETH just to find when a GAP has been filled. Does something like this exist for MotiveWave?
   
2. I posted about this earlier but haven’t found an automatic solution. I want a volume script that can extend VAH/VAL lines forward until it hits price, if this is available for MW, please let me know!
   

4. What do people use to make GAPs on their chart (besides horizontal lines)? I usually pick the rectangle tool and will post it on the Daily Chart and make sure the lines are visible on the lower timeframes to know when price is in a GAP? When I picked the rectangle tool, I noticed that it doesn't magnetize or snap to price levels so my rectangle/gap drawings are not specifically accurate, is there a way to fix this?:




Also, how do you get the box to extend to the right indefinitely?

5. Is there a fast way to edit Fib Ratios like color and text??? Its a nightmare having to edit each value one by one.

6. When you pull a Fibonacci ratio on a specific ticker, is there a way to add an alert on one of the ratios automatically? That would be incredible.

7. I'm having some issues with alerts, when I went to close a chart, I got an alert saying that 'there is an active alert on the chart and closing the chart can deactivate the alert.' Does the chart needs to remain OPEN for an alert to trigger? Usually I may look at a weekly or monthly chart, set an alert and pay no mind to it until it taps the level I have set. If someone can clarify, that would be great. I know on TradingView the alerts are server side so its a 'set it and forget it' situation, was hoping MotiveWave was similar.

8. How does MotiveWave handle contract switch for Futures? On TradingView, you either had a massive GAP up/down OR you had to use the displacement feature to move all your drawings in one direction with a specific value so that all your drawings were in-sync. (Pain in the ass, but doesn't take more than 3 minutes...)

9. Because I mostly scalp intraday, I currently use this layout where I have 1D / 1m / 3m / 5m / 10m / 15m tabbed at the top. I can cycle between the tabs very quickly. Is there a way I can just put this tab structure elsewhere on a different chart almost like its own layout?



Thats all the questions I have for now folks, my brain is wrecked from thinking this stuff up. Thank you for reading my thread.

 

[MrSharky]

I will start you of on your first question. The OHLC study will give you some of the premarket levels, that will carry over to RTH. Also in same study there is a Session selector on the General tab. I would play around with that selector for other significant levels that might not carry over on a RTH session.

 

[MrSharky]

Question 4, myself I use the support resistance tool. it snaps to price and you can extend it indefinitely which way you want. I do have a specific template for only gaps that I apply to the tool once its drawn. You can set your own template in the tool settings.

 

[Donovan2580]

For #5 and #6 I think you would benefit from the templates option inside the Fib menu. Once you have a setup that you like, you can save it as a template. This will allow you to load it up a lot faster.



#7 - You need to have a chart open to have the alerts active. You can always run a higher timeframe chart (just for alerts) and just leave it running in the background.

#8 - You can handle the roll over however you want. "Adjusted" has no gaps & "Unadjusted" will leave the gap. If you are going to use the unadjusted, you can use the Volume -> Unadjusted setting in MW. This will start plotting prices on the new contract the day the volume is greater than the old contract. Also FWIW -- You can create a "Continuous Instrument" so you can keep the symbol the same. The MW documentation covers that.

Caution on the roll-over settings. MW actually stores these in 2 different places on each chart. Edit Instrument > Data Tab & Chart Settings > Data Tab. The "Chart Settings" one will over-ride whatever you have set in under the "Edit Instruments" menu.

#9. Look at my response in this older post. It will give you details on how to set up "tabs" like you want.

See how there is a tab for each symbol, and then a "sub-tab" below?




Instructions on how to set that up

C

Thread 'Universal Workspace Configuration'

Jan 17, 2022

Hello

Please pardon the ignorance. I have tried to no avail to figure out how I can create a workspace that never changes regardless of the ticker I enter. When working from the home tab. As you can see, I like to see different time calculations of Elliot wave and even when I think I am about to get it right, it flips when I try to apply a template that was already saved.

From a background perspective, I am quite comfortable with the conveniences built-in into the thinkorswim platform by TDAmeritrade. I am looking to configure a universal template or workspace that includes my favorite...

• CashPrince
• Replies: 2
• Forum: General

 

[creamers]

4# You can use the Channel tool or the Support Area tool.


When you click on it just press the Extend to the right.


I myself dont like the snap so I turned it off here:

 

[tecnition]

Thank you @MrSharky @Donovan2580 and @creamers .

My apologies for not getting back to you guys sooner. I've been implementing some things you folks have mentioned and have been using them in my trading as well.

I had some issues with MW6.9, one where all my labeled lines disappeared or their value became either 0.00 or 2547 on ES. Completely and totally random.

In any case, I decided to move over to MW7. Although it doesn't run as well as 6.9, at least I can replicate some of the bugs and I'm able to get help from the MW staff.

Setting the correct Fibonacci values and visuals was a pain in the ass, but at least it was something I only had to do once and then create a template to run smoothly.

Another reason I updated to MW7 was alerts. Price line alerts are finally global and don't need charts open to trigger. Unfortunately, alerts on trendlines are not and still need charts open to trigger, very tedious.

Thank you for the information about continuous contracts @Donovan2580 and chart tabs.

Some things I'm still looking for:

1. Found a way to hide studies, but need a way to hide BOTH studies and components so the only thing left on the chart is price action.

2. MW7 is running on JavaFX engine and as I understand, has been revamped from MW6. Thats all good and well, but needs to run better on machine, still incredibly choppy.

3. CTRL + Z (Undo) doesn't undo things, including accidentally deleting an alert.

4. Ridiculous that you cannot have both: a) labelled line b) native alert on line. You can set an alert on top of a line but that alert does not follow the line should that line move. You can have a horizontal line with a native alert attached to it, but then you can't label it. So you're really choosing between one or the other. This is just silly.

Thanks all, still working out kinks and keeping a strong line of communication with the MW staff.

I will say, for all the technical analysis drawings that MW provides, its pretty nuts most are just using it to trade 1 or 2 Futures instruments haha... maybe thats why it feels like I'm being super nitpicky with features and expectations since I'm using MW primarily to chart most of the S&P.