Motivewave Ultimate Add-on's accuracy and worthy?

[Blonde]

Hiya,



I'm looking for add-ons for Motivewave Ultimate that are best of the best only and really worth purchasing?
What do you think of below:

1- TOS Study Library, Value Pack 459 USD
TOS Value Pack | Trading Indicators

tradingindicators.com


2- AlgoX Upgrade for MotiveWave,
Lifetime license upgrade for adding AlgoX to OFA for MotiveWave
$750.00
+
OFA for MotiveWave (one-time)
$499.00
=
Total: 1,249.00 USD

How can I be sure that there will not be any hidden fee or update, upgrade, support fee extra in the next 10 years for these?

What else add-on's do you suggest?

Are these worth purchasing, please? And how can I find out that these indicators coded professionally and their mathematical analysis and programming architecture and development procedure are accurate and lead to accurate measurements of the market, please?



Tnx and best of luck ?

 

[LarryDB]

Maybe get a demo and back test them first before you make your purchase.

 

[Blonde]

Maybe get a demo and back test them first before you make your purchase.

Hiya @LarryDB



Thanks. I'm not sure if they have a demo, but I'll ask them? Also if there any add-ons higher than these in their class available at the current time? And if yes, may I know the name, please?


Tnx and best of luck ?

 

[Omegaknight]

The OFA add-on is nice. I tried a demo of it and liked it. One day I may purchase it, but it was more of a "nice to have" thing, and not so much a "I need this". I would recommend it to anyone that is interested in order flow though. They have a couple things in their package that MW seems to not want to do, or is taking a very long time to implement.

 

[Blonde]

The OFA add-on is nice. I tried a demo of it and liked it. One day I may purchase it, but it was more of a "nice to have" thing, and not so much a "I need this". I would recommend it to anyone that is interested in order flow though. They have a couple things in their package that MW seems to not want to do, or is taking a very long time to implement.

Hiya @Omegaknight



Thanks. May I ask how about #1 in my question list above? Is that indicator pack works exactly as accurately as it should like the indicators in Think or Swim? They are exact or they show wrong information(maybe re-development can cause too this) or they are the exact copy of the Think or Swim indicators code, thus working exactly and as accurately like Think or Swim indicators?

About the OFA, do you tried the AlgoX demo? or just OFA's 50USD costing demo practice one? or what?

May I ask what version of Motivewave do you compare this OFA/AlgoX capacity with? Was it Motivewave-Ultimate or lower version, please?

As the Motivewave-Ultimate have a Volume-Imprint indicator, will the OFA/AlgoX can show some Order-Flow parameter's that Motivewave-Ultimate couldn't?

The price of OFA is the same price as the Metastock real-time charting application. Will this purchase be worth paying 1249USD for?


Tnx and best of luck ?

 

[Omegaknight]

Hiya @Omegaknight



Thanks. May I ask how about #1 in my question list above? Is that indicator pack works exactly as accurately as it should like the indicators in Think or Swim? They are exact or they show wrong information(maybe re-development can cause too this) or they are the exact copy of the Think or Swim indicators code, thus working exactly and as accurately like Think or Swim indicators?

About the OFA, do you tried the AlgoX demo? or just OFA's 50USD costing demo practice one? or what?

May I ask what version of Motivewave do you compare this OFA/AlgoX capacity with? Was it Motivewave-Ultimate or lower version, please?

As the Motivewave-Ultimate have a Volume-Imprint indicator, will the OFA/AlgoX can show some Order-Flow parameter's that Motivewave-Ultimate couldn't?

The price of OFA is the same price as the Metastock real-time charting application. Will this purchase be worth paying 1249USD for?


Tnx and best of luck ?

I didn't try AlgoX, just the OFA $50USD demo. From what I could tell for the AlgoX, the only thing that I would have been interested in was the ability to have orders trail indicators, which is nice, but I didn't really need that.

I was comparing the OFA to the Ultimate version of Motivewave. The OFA version has evolving value areas, the cwap, custom value area presets that are easy to implement based off what your looking for. There is also the custom OFA bar, which was pretty cool.

I think if you like using volume profile or other order flow tools, it's definitely to be considered if your going to be stuck with motivewave. Their code runs smooth and I never saw any hiccups with motivewave while using their addon.

 

[Blonde]

I didn't try AlgoX, just the OFA $50USD demo. From what I could tell for the AlgoX, the only thing that I would have been interested in was the ability to have orders trail indicators, which is nice, but I didn't really need that.

I was comparing the OFA to the Ultimate version of Motivewave. The OFA version has evolving value areas, the cwap, custom value area presets that are easy to implement based off what your looking for. There is also the custom OFA bar, which was pretty cool.

I think if you like using volume profile or other order flow tools, it's definitely to be considered if your going to be stuck with motivewave. Their code runs smooth and I never saw any hiccups with motivewave while using their addon.

Hiya @Omegaknight



Thanks. If this OFA+AlgoX is the best of the best and most accurate Order Flow tools in the market? I have Motivewave-Ultimate and Multicharts 14 +ASP and Ninjatrader 8 x64 licenses. Thus I'm looking for the best Technical Analysis in the market that can fill the gap of Technical analysis that these platforms overall are missing. I have access to MT4, MT5, Tradingview as well, but I don't trust the TA there much.

Thus if I'm going the purchase one best of the best Order Flow Analysis Technical Analyses, do you believe this OFA+AlgoX is the best of the best and most accurate one among all similar and competitor add-ons for either of Motivewave-Ultimate, Multicharts 14 +ASP and Ninjatrader 8 x64?

May I ask why don't you comment on Question #1 in my first post as https://tradingindicators.com/mw-tospack-value/ ? Is this the most accurate and best of the best pack in the market the expand my Technical Analysis for platforms that I have overall of Motivewave-Ultimate, Multicharts 14+ASP and Ninjatrader 8 x64? or there are more competitor add-on packs out there that they can add the same Think-or-Swim indicators or more than that to either of my trading platforms, please?


Tnx and best of luck ?

 

[Omegaknight]

I didn't respond to the first question because I never used ToS, or the indicators addon that puts them into motivewave, so I have no experience with them.

If you have NT8, I would suggest you go with OFA and their NT8 addon, there is more stuff available for that side, and OFA seems to be a bit more dedicated to updating/expanding their indicators on NT8 vs Motivewave.

 

[Blonde]

I didn't respond to the first question because I never used ToS, or the indicators addon that puts them into motivewave, so I have no experience with them.

If you have NT8, I would suggest you go with OFA and their NT8 addon, there is more stuff available for that side, and OFA seems to be a bit more dedicated to updating/expanding their indicators on NT8 vs Motivewave.

Hiya @Omegaknight



Thanks. I believe in Java's stability thus I use Motivewave-Ultimate to place my orders, and I believe in C++ execution speed, thus I use Multicharts 14+ASP. Purchasing this OFA+AlgoX for NT8 x64 will put me in the situation of looking for more Technical Analysis in NT8 in future? I appreciate NT8 have a very large add-on database but I can't give up the Motivewave-Ultimate with Java's Stability and Multicharts 14 +ASP execution speed to use NT8 x64 for placing my orders instead?

I personally think Motivewave-Ultimate is the best bet for purchasing add-on's, as they have a large Technical Analysis better than Multicharts in TA aspects as well. As Multicharts's add-ons are not as professional as Motivewave-Ultimate ones.

Also, its's looks like as you mentioned and the website of add-on stands, the add-on of OFA+AlgoX have more options developed on the NT8 side than the Motivewave-Ultimate side and this is because of the price of MW-Ultimate and its 295USD annual maintenance costs that rare Java enthusiastic one comes to purchase this pricy platform and special developer ones only develops add-on for this, besides certain professionals that are Java enthusiastic?

I'm looking to purchase the two add-ons I mentioned in the first post as I didn't found anything comparing to these two in the market. If they are accurate, they expanding my Technical analysis options overall. But I'm looking for gathering user's experience before purchasing to be sure my money is spent on the safe add-on's with the most accurate results, as I dislike purchasing non-accurate Technical Analysis junk indicators?

Do you think the accuracy of the addon of OFA+AlgoX on both of MW-Ultimate and NT8 x64 could be the same or does one side has the advantage of having a more accurate add-on developed for one platform than another one? or OFA+AlgoX on NT8 and MW-Ultimate could have exact same accuracy on both?

About NT8 comparing to Bookmap in Order Flow Analysis, I find this video

but it's not high quality in content nor enough professional, it's just a basic comparison of Order Flow Analysis between these two.
Also, there is the Jigsaw platform with its Order Flow Analysis. Comparing Jigsaw full platform, Bookmap full platform, NT8 with add-ons, NT8 with OFA+AlgoX, Motivewave-Ultimate with OFA+AlgoX, could you advise if the OFA+AlgoX stands on top of these platforms with native Order Flow Analysis(Bookmap and Jigsaw) and is it better than every other Order Flow Analysis that is available for NT8?
Thus if I look for the most accuracy and stability, is the best of the best option is the OFA+AlgoX on Motivewave-Ultimate or OFA+AlgoX on NT8(same price with more options)?


Tnx and best of luck ?

 

[rctrader]

Hiya,



I'm looking for add-ons for Motivewave Ultimate that are best of the best only and really worth purchasing?
What do you think of below:

1- TOS Study Library, Value Pack 459 USD
TOS Value Pack | Trading Indicators

tradingindicators.com


2- AlgoX Upgrade for MotiveWave,
Lifetime license upgrade for adding AlgoX to OFA for MotiveWave
$750.00
+
OFA for MotiveWave (one-time)
$499.00
=
Total: 1,249.00 USD

How can I be sure that there will not be any hidden fee or update, upgrade, support fee extra in the next 10 years for these?

What else add-on's do you suggest?

Are these worth purchasing, please? And how can I find out that these indicators coded professionally and their mathematical analysis and programming architecture and development procedure are accurate and lead to accurate measurements of the market, please?



Tnx and best of luck ?

Hi ,

I own both of these TOS Value Pack and I also own OFA with Algo X for Motivewave. I use OFA/algo everyday. I love them. They have not charged me any extra fees. I think I have owned a license for OFA/Algo for about 5 years. There have been no extra fees. I highly recommend those indicators/

The TOS pack is good also, it has some great indicators in there, but I don't use those as much as OFA

 

[Blonde]

Hi ,

I own both of these TOS Value Pack and I also own OFA with Algo X for Motivewave. I use OFA/algo everyday. I love them. They have not charged me any extra fees. I think I have owned a license for OFA/Algo for about 5 years. There have been no extra fees. I highly recommend those indicators/

The TOS pack is good also, it has some great indicators in there, but I don't use those as much as OFA

Hiya @rctrader



Thanks. Are the ToS Value Pack indicators you have is about 310 individual ones? As the ToS have about 350+ indicators as far as I remember, but I don't know if the rest of the 40 individual indicators will be added later to this pack or not? And will the price increase for them or as the pack is A to Z the price remain the same as the name of the package indicates?

Are these indicators accurate? Do you compare their value while connecting to the same data with different platforms indicators on the same time frame charts? Were the values reflecting the same amount?

Is there any hang, freeze, lag and latency while using these on a chart especially on major news releases? Are these 310 indicators working on Tick based charts as well?

May I ask for how long do you have had these 310 indicators pack and you are satisfied with their performance?


Tnx and best of luck ?