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Oanda partners with MotiveWave to add FX trading tools

02 September 2014  |  1425 views  |  0 Source: Oanda

Oanda, a global provider of innovative forex trading services, is pleased to announce its partnership with Toronto-based MotiveWave Software, a developer of easy-to-use high-performance charting and trading software for the individual trader.

MotiveWave is a full feature trading platform that provides advanced charting and market analysis.

The MotiveWave platform supports a wide variety of analysis techniques, including Elliott Wave Theory, Fibonacci, Gann and Linear Regressions, as well as general analysis (channels, trend lines, ranges). The platform offers more than 250 built-in studies/indicators and 30 built-in trading strategies, with native support for multiple monitors and compact charts designed to maximize screen real-estate.

"Technical analysis is a key component to any forex trading strategy and our partnership with MotiveWave Software provides our clients with added professional analysis tools," said Trevor Young, Vice President of Product Management, OANDA Corporation. "In addition to providing support for complete Elliott Wave Theory, the MotiveWave toolset also offers innovative features such as pattern recognition, advanced scanning, strategy backtesting/optimization and highly advanced alerts."

MotiveWave is currently available in four different editions, designed to meet individual trading needs, experience and budget.

"As a broker with a strong focus on trading education, an industry-leading platform, and transparent business practices, OANDA and MotiveWave share similar company values to the benefit of all of our clients," said Tony Lindsay, Founder, MotiveWave Software. "We are proud to be a part of OANDA's partner program and to offer advanced technical traders the power to analyze and interpret massive amounts of market data."

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