MotiveWave vs AmiBroker
By Jay Rocco, Chief Editor, FullStack Alpha. Updated . Prices checked on each vendor's own site.
Quick answer
Pick MotiveWave for broker connection plus crypto. Pick AmiBroker for AI chat assistant.
Key differences
- Free plan: MotiveWave (MotiveWave has one, AmiBroker does not)
- Broader feature set: MotiveWave (8 vs 7 core capabilities)
- AI chat assistant: AmiBroker (Only AmiBroker has it)
- Broker connection: MotiveWave (Only MotiveWave has it)
- Mobile app: MotiveWave (Only MotiveWave has it)
Pick MotiveWave if
- You want it linked to your broker
- You also trade crypto
- Elliott Wave and order flow traders
- Futures and forex chartists
Pick AmiBroker if
- You want to ask an AI questions in plain English
- Serious system backtesters
- One-time license over subscription
- Coders writing custom AFL strategies
Side by side
| Feature | MotiveWave | AmiBroker |
|---|---|---|
| Starting price | Free, paid from $22.50/mo | $299 one-time |
| Free plan | Yes | No |
| Stock screener | Yes | Yes |
| Charting | Yes | Yes |
| AI trade signals | Yes | Yes |
| Backtesting | Yes | Yes |
| Strategy builder | Yes | Yes |
| Broker connection | Yes | No |
| AI chat assistant | No | Yes |
| Crypto | Yes | No |
| API access | Yes | Yes |
| Mobile app | Yes | No |
Plans
MotiveWave
- Community: Free
- Standard: $24/mo auto-renewing lease or $245 one-time
- Order Flow: $49/mo lease or $595 one-time
- EW Lite: $89/mo lease or $1,395 one-time
- Pro: $99/mo lease or $1,495 one-time
- Ultimate: $159/mo lease or $2,295 one-time
AmiBroker
- Standard: $299 one-time
- Professional: $379 one-time
- Ultimate Pack Pro: $499 one-time
Questions people ask
What is the main difference between MotiveWave and AmiBroker?
Pick MotiveWave for broker connection plus crypto. Pick AmiBroker for AI chat assistant.
Which is cheaper, MotiveWave or AmiBroker?
Their entry prices are hard to compare because one does not publish a monthly price. MotiveWave: Free, paid from $22.50/mo. AmiBroker: $299 one-time.
Do MotiveWave or AmiBroker have a free plan?
Only MotiveWave has a free plan.
Which is better for beginners?
Both target advanced users. Start with whichever has the free plan or trial so you can test before you pay.
Which has better AI features?
AmiBroker goes deeper on AI with 4 AI features (AI chat assistant, AI trade signals, strategy builder, backtesting).
Can I connect MotiveWave or AmiBroker to ChatGPT or Claude?
Neither has an MCP server, but MotiveWave and AmiBroker have an API you can wire up yourself.
Is MotiveWave or AmiBroker better for active trading?
They are about even on active-trading features (alerts, scanning, signals and charts).
Should I use both MotiveWave and AmiBroker?
Probably not. They overlap on 6 core features, so paying for both doubles up.