Motivewave is an insanely good trading platform, but it's just so sad to see them waste this huge potential. If I was the CEO I would take it from where it is today to the most used platform in the world in two years. It's hard to tell if they plan or being not forward thinking or if they just don't understand better.
If I was the CEO I would immediately implement these things:
1. Good connection to all major crypto currency exchanges including futures and make this availible for free.(hire extra, temporary people to get this done fast). (Completed in 3months.)
2. Make bot/indicator developement and advanced testing free. (Completed in 1 day). Nobody want's to develope for a plaform where you have to pay money to be able to use your own stuff. Tragic. (remember most traders don't make money and backtesting is an ongoing thing)
When this is done, start massive but as cheap as possible adverising for what's has been changed.
This would bring in normies to the platform, and it would explode in popularity in 6-12 months.
3. Build a market place where people could buy and sell their algos, studies and indicators, charge 20% of every sale. (Completed in6moths)
4. Have two tiers subscription modell of advanced analysis tools for advanced volume profiling and stuff. (Completed in 1month.)
- Tier free: Renko, Tick Charts, indicators on indicators. (I can't belive you're charging for these things)
- Tier one: Harmonic Pattern scanners, elliot wave scanning, volume profiling 10$ and some more stuff.(alt. make this free with Quantowers model)
- Tier two 30$: More advanced institutional stuff.
Just be the best in the market place and don't forbid other to make good stuff in the market place, remember when they win Motivewave wins.
These are the reasons why people would flood over from Mql5:
- Crypto connections.
- And a native programming language, that is easier than Mql5.
- Multi platform
5. Build a freelance section.
6. Build out copy trading.