Experience extra power and extra speed with TradingView
TradingView - a place for analytics and charts
TradingView is an analytical platform that brings together a community of people interested in trading and different markets. The site offers both free tools and paid tools.
To interact with TradingView, the first thing to do is to create an account. It is not necessary for getting acquainted with the program. The account registration process on the platform is quite simple and straightforward.
First of all, you can find almost all companies' stocks and their charts on the platform. In the open chart window, you can see in more detail what analytical tools it offers. Here you can also monitor the latest news from the world of trading.
Once the user is familiar with the interface, if necessary, determine the tools for personal trading needs. One of the advantages of this platform is the availability of many different charting tools. You will find both Fibonacci lines and numbers, as well as more sophisticated tools such as volume area profiles or implied volatility. Once a chart is created, it can be published so that other community members can give their personal opinions on the idea presented. This will be of particular interest to those who need help or interaction with like-minded people.
In addition to technical analysis, the service allows the use of fundamental indicators. Other ways to use TradingView include chart setup: price levels or triggers of technical indicators.
Much of the above is available in the free version, but for more advanced traders, it is more likely to be appropriate to purchase advanced functionality. Thus, the TradingView platform offers four levels: free, Pro, Pro+ and premium. When choosing an account, users rely primarily on their personal needs.
In the free version, the user gets access to one chart and three indicators, but this is the end of charting possibilities. Paid versions are used to build more advanced charts. They are usually needed by professional traders.
To interact with TradingView, the first thing to do is to create an account. It is not necessary for getting acquainted with the program. The account registration process on the platform is quite simple and straightforward.
First of all, you can find almost all companies' stocks and their charts on the platform. In the open chart window, you can see in more detail what analytical tools it offers. Here you can also monitor the latest news from the world of trading.
Once the user is familiar with the interface, if necessary, determine the tools for personal trading needs. One of the advantages of this platform is the availability of many different charting tools. You will find both Fibonacci lines and numbers, as well as more sophisticated tools such as volume area profiles or implied volatility. Once a chart is created, it can be published so that other community members can give their personal opinions on the idea presented. This will be of particular interest to those who need help or interaction with like-minded people.
In addition to technical analysis, the service allows the use of fundamental indicators. Other ways to use TradingView include chart setup: price levels or triggers of technical indicators.
Much of the above is available in the free version, but for more advanced traders, it is more likely to be appropriate to purchase advanced functionality. Thus, the TradingView platform offers four levels: free, Pro, Pro+ and premium. When choosing an account, users rely primarily on their personal needs.
In the free version, the user gets access to one chart and three indicators, but this is the end of charting possibilities. Paid versions are used to build more advanced charts. They are usually needed by professional traders.
Description of the sections of TradingView
If you've never used a charting tool before, the TradingView interface may seem a bit confusing. Let's get to grips with it.
Toolbar 1
This toolbar contains all the charting and drawing tools you can use directly in the chart area. From simple lines to long and short positions, there is a lot to explore here. Right-click on each tool to access the expanded selection. Some are more complex than others, but the standard set contains enough basic tools to get you started.
Toolbar 2.
This is where the chart display settings are located. You can choose between candlesticks, line charts, area charts, and so on. There is also a search bar on the left where you can change the asset displayed. Another tool worth looking at is the [Indicators and Strategies] button for inserting pre-made analysis templates, such as the moving average.
Toolbar 3
This block includes news and social elements of TradingView. You can set up a list of traders to watch, send private messages to other users, explore ideas and broadcasts, and enjoy access to a personalized calendar. If you need to find any data, lists or information, look in this section.
Graphs area.
When you change the asset you're viewing, use any tools, or place indicators, they show up in the main chart area. You can customize just about everything you see.
Toolbar 1
This toolbar contains all the charting and drawing tools you can use directly in the chart area. From simple lines to long and short positions, there is a lot to explore here. Right-click on each tool to access the expanded selection. Some are more complex than others, but the standard set contains enough basic tools to get you started.
Toolbar 2.
This is where the chart display settings are located. You can choose between candlesticks, line charts, area charts, and so on. There is also a search bar on the left where you can change the asset displayed. Another tool worth looking at is the [Indicators and Strategies] button for inserting pre-made analysis templates, such as the moving average.
Toolbar 3
This block includes news and social elements of TradingView. You can set up a list of traders to watch, send private messages to other users, explore ideas and broadcasts, and enjoy access to a personalized calendar. If you need to find any data, lists or information, look in this section.
Graphs area.
When you change the asset you're viewing, use any tools, or place indicators, they show up in the main chart area. You can customize just about everything you see.
How is the TradingView service useful?
TradingView is an extremely useful platform that provides users with the ability to chart and analyze market conditions.
Thanks to the flow of information and the growth of analytical technologies, the analysis can be built on a strictly individual approach. For those who want to try their hand at technical analysis, TradingView is a great opportunity. Here you can use your own thoughts and the ideas of other traders without having to spend any money. If the user needs more features, the paid versions can be used.
Thanks to the flow of information and the growth of analytical technologies, the analysis can be built on a strictly individual approach. For those who want to try their hand at technical analysis, TradingView is a great opportunity. Here you can use your own thoughts and the ideas of other traders without having to spend any money. If the user needs more features, the paid versions can be used.
In the end, TradingView is a fairly simple platform for the beginner. At the same time, its easily customizable nature allows users to adapt it to their growing needs as their trading skills grow over time - right down to writing their own custom technical indicators. Its basic version is free, and the ability to trade on paper allows anyone to try it without risk.
Some users may find the lack of direct trades and the need to work through a broker disadvantageous when it comes to real trading. This disadvantage is somewhat offset by the cross-platform accessibility of the platform and the wide selection of assets and instruments.
The integrated social network will help beginners learn the basics of trading and technical analysis, but they should be careful when filtering out potentially bad advice.
Some users may find the lack of direct trades and the need to work through a broker disadvantageous when it comes to real trading. This disadvantage is somewhat offset by the cross-platform accessibility of the platform and the wide selection of assets and instruments.
The integrated social network will help beginners learn the basics of trading and technical analysis, but they should be careful when filtering out potentially bad advice.
Disclaimer: The material in this article is for educational purposes. The article is not an endorsement or recommendation, the information provided should not be regarded as financial advice. All screenshots are taken from the official TradingView website and comply with the Terms of Use.
Copyright © All Rights Reserved 2023
Copyright © All Rights Reserved 2023
Cookies managing
Cookie Settings
Cookies necessary for the correct operation of the site are always enabled.
Other cookies are configurable.
Other cookies are configurable.