Skip to main content
Connecting MotiveWave to Rithmic

Follow this simple guide to download, install, and configure MotiveWave to start trading efficiently with DayTraders.

Updated over a week ago

Request Your Free Platform License:

  • MotiveWave If you no longer wish to use your license, you must cancel it by clicking here.

  • MotiveWave To request a new license linked to your registered email, click here.

Some MotiveWave users may want to connect multiple trading platforms to their Rithmic account. In order to avoid paying multiple platform fees you can use Rithmic R|Trader Pro to feed data to your trading platforms (including MotiveWave). Here are the instructions:


Step 1: Download and Install MotiveWave

  1. Download: Visit MotiveWave's download page and download the software.

  2. Install: Follow the on-screen instructions to install MotiveWave on your computer.


Step 2: Initial Configuration

  1. Launch MotiveWave: Open the application after installation.

  2. First Screen: Click Next to proceed.

  3. Second Screen: Read and agree to the terms by clicking I Agree.

  4. Third Screen: Enter your license key to activate the software.


Step 3: Create Your Workspace

  1. Fourth Screen:

    • Name your workspace DayTraders.

    • Set the workspace location to MotiveWave Cloud.

  2. Click Next.


Step 4: Connect Your Account

  1. Fifth Screen:

    • Enter your account number.

    • Click Test Connection to ensure proper connectivity.

  2. Sixth Screen:

    • Enter your password.

    • Configure the dropdown options as required (refer to the instructions provided).

Wait 10–15 seconds for confirmation. Once connected, you will receive a success message.


Step 5: Complete Setup

  1. Seventh Screen: Click Finish to finalize the setup.

  2. Login Reload:

    • The client login screen will reload.

    • Select the DayTraders workspace you created earlier.

    • Click Continue.


Step 6: Offline Mode Setup

  1. On your first login:

    • Instead of clicking Connect, select Work Offline.

    • This step initializes your workspace without pulling live data.

  2. Close the application using the Shutdown option.


Step 7: Finalize Connection

  1. Reopen MotiveWave and select your workspace.

  2. Enter your password.

  3. Ensure the system is set to:

    • Server: DayTraders.com

    • Remember My Password: On

  4. Click Connect to access your trading environment.


Your MotiveWave client is now fully configured and ready for trading. If you encounter any issues, refer to the support documentation or contact the DayTraders support team for assistance.

With this guide, you’ve successfully downloaded, set up MotiveWave, and connected it to Rithmic. Whether you’re placing your first trade or integrating multiple platforms, you’re now ready to leverage MotiveWave’s powerful tools. Happy trading!

DayTraders only offers limited support for platform related issues. If you experience any issues with your platform, please contact their platform support directly.

Did this answer your question?