General

General

This panel contains general settings that you can configure.

Auto Save Interval – Enable auto save and select the interval in seconds.

Tick History Limit – Number of time and sales entries that will be saved in memory.

DOM History Limit – Number of market depth entries that will be saved in memory. This setting relates to the Order Heatmap study.

DOM Snapshot Interval – Set time interval in which a snapshot is taken and saved of the DOM. This snapshot includes price and volume for the DOM's market depth at that time.

Filter Bad Historical Ticks – MotiveWave will filter out spikes from historical data. This uses a high amount of CPU.

Max Execution History – Set the maximum trade history. This setting is system wide, older trades will be discarded from the trade history.

Max Journal Entries – Maximum entries in your workspace Journal. Click + icon next to a chart and select Journal. The Journal keeps a log of many events including connection and orders.

Max Log Files – Maximum number of log files saved to your drive before MotiveWave will delete the oldest file as it adds a new one. One log file is created each time an instance is started.

P/L Calculation – For P/L displayed in the Trade Panel, DOM, Positions panel etc. The calculations are as follows:

  • Last Price - The last traded price.

  • Bid/Ask Price - Long trades will use the bid price and short trades will use the ask price.

Value Area Method – The calculation for determining the value area:

  • Standard

    1. Determine the total volume traded in the profile.

    2. Take the number volume and multiply it by 0.7 to determine what number is 70 percent of the total volume. (70% is the default; however, any percentage can be used).

    3. Start at the Point of Control (POC), The row in the profile with the greatest total volume, and record its total volume number. The POC will be the first profile row added to the Value Area.

    4. Now look at the two rows above the POC (the initial value area) and add the total volume of both.

    5. Now look at the two rows beneath the POC (the initial value area) and add the total volume of both.

    6. Determine which of the total volume numbers is larger and add it to the total volume number of the POC found in step 3.

    7. Repeat steps 4 and 5 adding the larger of the next two numbers to the Value Area.

    8. Once the total volume of your Value Area matches or slightly surpasses the number found in step 2, the Value Area has been determined.

    9. The highest row within the Value Area will be your Value Area High (VAH) and the lowest row within the Value Area will be your Value Area Low (VAL).

  • Optimized

    1. Determine the total volume traded in the profile.

    2. Take the number volume and multiply it by .7 to determine what number is 70 percent of the total volume. (70% is the default; however, any percentage can be used).

    3. Start at the Point of Control (POC), The row in the profile with the greatest total volume, and record its total volume number. The POC will be the first profile row added to the Value Area.

    4. Spanning out from the POC (up and down the profile), try to use as few rows as possible to reach the 70 percent value area.

    5. Once the total volume of your Value Area matches or slightly surpasses the number found in step 2, the Value Area has been determined.

    6. The highest row within the Value Area will be your Value Area High (VAH) and the lowest row within the Value Area will be your Value Area Low (VAL).

Mask Account – This option will mask your account number with X's starting from the left or right side e.g. 12345 becomes XXX45 or 12XXX.

UI Update Interval – General chart update interval (Default: 200 ms). Setting this too low may overload your CPU.

Quote Board Mode – Will color the Watch List Quote Board font. Last Price will color based on up-tick or down-tick and Delta will color based on a positive/negative daily value.

Time Zone – Default time zone for the console.

24 Hour Clock – Clock will show 24 hour or AM/PM time.

Confirm Exit – Displays a dialog confirming you would like to shut the program down.

Link Stacked Charts – Chart tabs within chart panels will switch when another chart tab is switched on a different chart panel on the same page.

Keyboard

Keyboard

This panel allows you to configure custom keyboard shortcuts for commonly used features. Uncheck the Use Defaults button then double-click on an action in the action table to assign/remove a keyboard shortcut.

Custom Orders

Use this panel to define a keyboard shortcut for a custom order.

Mouse

You can configure the mouse wheel to do one of the following (Note: Alt Wheel Action is using the mouse wheel while pressing the Alt key):

  • Time Shift - Moves the time period (Hint: Use the Ctrl and Shift keys to change the scrolling speed)

  • Bar Width - Changes the width of the price bars

  • Vertical Spacing - Adds/Removes space from the top and bottom of the chart graph

Wheel Action – Select the action for the mouse scroll wheel.

Alt Wheel Action – Select the action for the mouse scroll wheel while holding down the Alt key.

Shift Wheel Action – Select the action for the mouse scroll wheel while holding down the Shift key.

Disable Mouse Wheel – Disable all mouse scroll wheel actions.

Invert Button – If this button is checked, the mouse wheel scrolls in the reverse of the default direction.

Sensitivity Bar – Range from 0.25 to 15. This bar defines scroll sensitivity of the mouse wheel action.

Fonts

System Fonts

The fields below allow you to adjust the general fonts used within the application.

Chart Fonts

The fields below allow you to adjust the fonts displayed on the charts.

Ticker Tape

This panel allows you to configure the instruments that are displayed in the ticker tape panel as well as other display settings.

Font – Define the font and font size of the instruments in the ticker tape

Scroll Speed – Select the scroll speed of the ticker tape.

Show Ticker Tape – Enable the ticker tape feature.

Show Change – Show instrument change in price.

Show Change % – Show instrument change in percent.

Linking

This panel defines the type of linking to be used. Linking may be tied to the selected instrument (default), bar size or none (used for replay mode).

Default Link Type – Select the link type for all link colors.

Colored Link – Uncheck Use Default to set a link type for each color link.

Note: More information on the Linking feature can be found here: Linking Charts .

Dock

This panel contains preferences for the docking framework.

Tab Location – Select the location (top or bottom) for the tabs.

Page Bar Location – Select the location (top or bottom) for the page bar.

Grid Spacing – Set the grid spacing for floating layout pages. Uncheck the Show Grid of Floating Pages option to disable the grid in the floating pages.

Snap to Grid – Snap stations to the grid.

Show Tab Icons – Shows an icon next to the tab indicating the station type e.g. chart, watch list, etc.

Show Bar Size in Tabs Optionally displays the bar sizes on the station tabs.

Show Watchlist Count – Optionally displays the total number of instruments in a Watchlist.

Confirm Remove Page – Display a dialog confirming you would like to remove a page.

See this page Customization for more information.

Trading Hours

This panel allows you to configure custom trading hours for historical data retrieved from your data provider. Click on the + button to define a new set of trading hours. To assign trading hours to an instrument, edit the instrument and choose the appropriate trading hours from the Trading Hours drop down.

More details on Trading Hours can be found here: Trading Hours.

Simulated Account

The Simulated Account is a paper trading account that locally tracks orders, positions and trades against a virtual account. When placing orders against this account, no actual information (orders/trades) is transmitted to your broker.

Sim Trade Only – Disable trading for all accounts except for the internal MotiveWave Simulated accounts.

Enabled – Enable a simulated account.

Base Currency – Set the base currency for the simulated account.

Cash Balance – Set the starting cash balance for the simulated account.

Fill Immediate – Fill an execution immediately without waiting for a real trade to occur.

Include Commission – Include commissions in your account P/L.

Reset Account – Click here to reset your simulated account and clear all the saved trades.

See Simulated Account page for the details.

Auto Update

The Auto Update utility checks for updates and automatically downloads them to your computer. When a new update is available you will be prompted to install when you exit the application.

Backup

Auto Backup

The Auto Backup feature will automatically create a backup file and save it in a folder on the specified interval. Older backups will automatically be deleted to avoid consuming too much disk space.

Auto Backup Enabled – Enable the auto workspace backup feature.

Create Backup on Shutdown – Create a workspace backup each time you shut down the program.

Interval – Create a workspace backup on a set interval.

Max Files – Maximum number of workspace backup files. The oldest file will be replaced by any new files.

Folder – Select the folder where the auto backups will be stored.

Auto Export Pages

The Auto Page Export feature will automatically export one or more pages from the Console or a Desktop window given folder on the specified interval. Older exports will be automatically deleted to avoid consuming to much disk space. Note: The Console/Desktop window must be open for the export to happen.

Auto Export Enabled – Enable the auto export pages feature.

Export on Shutdown – Create an export page package each time you shut down the program.

Interval – Create an export page package on a set interval.

Max Files – Maximum number of export page packages. The oldest file will be replaced by any new files.

Folder – Select the folder where the export page packages will be stored.

Add Files – Select the pages you would like included in the export page package.

Compact Mode

Select the features below that you would like to show or hide when viewing a chart window, chart group, or the console while in Compact Mode.

Show Tabs – Show tabs in compact mode.

Show Page Bar – Show the page bar in compact mode.

Show Menu Bar – Show the menu in compact mode.

Show Toolbar – Show toolbars in compact mode.

Show Status Bar – Show the status bar in compact mode.

Note: Use F8 or fn+F8 keys to toggle the Compact mode.

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