TradingView

As a browser-based charting platform, TradingView is widely trusted by the trading community. It is a premium charting tool for traders that also allows them to share their strategies with others.

Even the basic features are more than enough for many most users. You can filter information and pick whatever is the most relevant to your strategy. This way, you won’t blindly follow others, and instead, make informed decisions.

Since, its launch in 2011, TradingView has earned a standing as the ultimate charting solution for traders. Users can access a wide range of indicators, drawing tools, and customisability options.

Let’s see how all of this works in practicality!

Why Prefer TradingView on Other Platforms?

TradingView is a versatile charting platform. It offers a wide range of tools for traders and investors. You can also think of it as a social network for traders. It is a cloud-based platform that lets you get along with other traders.

In short, you can use the platform’s features and share your experience with others.

Here’s what it has to offer:

Advanced Charting

TradingView offers customizable charts with a range of chart types, timeframes, and technical indicators. Traders can conduct an in-depth technical analysis to identify trends and potential trading opportunities.

Technical Analysis

The platform offers a library of features, including technical indicators, drawing tools, and analysis tools. This host of technical tools helps traders analyze price movements and make informed trading decisions.

Social Networking

The platform also has a social aspect. It allows users to interact with a community of like-minded traders. Traders can share trading ideas, discuss market trends, publish their analyses, and follow other traders’ successful ideas.

Watchlists and Alerts

TradingView also allows traders to create personalized watchlists. This way, you can track multiple assets (of your interest) at the same time. You can also price alerts to receive timely notifications for things that matter.

Real-Time Market Data

TradingView also provides real-time market data, such as:

1. Price quotes
2. Volume
3. Market depth

Educational Resources

The platform also offers educational resources, such as tutorials and webinars to help traders improve their skills.

Automated Trading

Traders can use Pine Script to generate custom technical indicators and automated trading strategies to take a load off their shoulders.

Who Can Benefit from Using TradingView?

TradingView is a premium resource for traders and investors of different interests. They can freely use the platform, regardless of their skill level, the asset class they are trading, or their trade strategy.

Here’s how users can benefit from TrandingView:

Traders

Both novice and ace traders can benefit from TradingView’s advanced charting tools and technical analysis capabilities. Traders can conduct in-depth market analysis, classify trends, and make conversant trading verdicts.

Investors

Long-term investors can use TradingView to evaluate the historical performance of stocks, ETFs, and so on. They can also monitor investment portfolios and fix price alerts. This way, they’ll stay up-to-date about the market movements.

Technical Analysts

TradingView provides effective charting tools and technical indicators. It helps analysts make a statement about the price stats and future market movements. The drawing tools and analysis options allow technical analysts to identify support and resistance levels.

Financial Bloggers and Educators

TradingView’s social networking feature allows financial bloggers and educators to share their insights and trading ideas.

They can publish their content and connect with followers.

Social Traders

TradingView offers a copy trading feature as well. This allows social traders to follow the trades of other successful traders. It can help beginners learn from experienced traders.

How to Use TradingView?

TradingView is an ideal option for both newbies and pro traders. It offers abundant trading and charting features. Plus, beginner traders can avail of a free membership opportunity as well. But premium features are paid for.

Using TradingView is straightforward and user-friendly for even newbies.

Here’s how you do so:

Create an Account

Open the TradingView website and sign up for a free account. You can also choose a paid subscription at the beginning. This will give you additional features based on your needs.

Explore the Platform

Take your time to survey the platform. Familiarize yourself with the layout, menu options, and other features.

Select a Trade

Pick the assets you wish to analyze or trade.

TradingView works with:

1. Stocks
2. Forex
3. Cryptocurrencies
4. Indices
5. Commodities

Check Out Their Interactive Charts

Next, create a chart by clicking on the “chart” tab. This will let you access customizable charts. You can pick the specifics and get started!

Bottom Line

TradingView offers useful and easy-to-use charting tools, technical indicators, and trade features. The platform fulfills the needs of its users — both newbies and pros. Visualizing the trade allows them to make informed decisions.

Overall, the platform is all that a trader can hope for when assessing the market!

Trading Software & Indicators For The TradingView Platform