Tradingview
TradingView is a web-based charting and analysis platform for traders and investors. It provides a wide range of tools and features to help traders analyze financial markets and make informed trading decisions. In this article, we will review some of the key features of TradingView and how they can benefit traders. It is our preferred charting and trading platform.
User Interface
The first thing that stands out about TradingView is its user interface. The platform is clean and well-designed, with a modern and intuitive interface that makes it easy to use. The charting tools and indicators are all located on the left side of the screen, while the chart itself takes up the majority of the screen.
One of the most useful features of TradingView’s user interface is its ability to customize the chart layout. Traders can choose from a wide range of chart types, including line, bar, and candlestick charts. They can also customize the chart’s time frame, ranging from seconds to years. This level of customization allows traders to view the market in a way that best suits their trading style and strategy.
Technical Analysis Tools
TradingView offers a wide range of technical analysis tools and indicators to help traders analyze the markets. These tools include trend lines, support and resistance levels, moving averages, and Bollinger Bands, among others.
One of the most powerful features of TradingView is its ability to save custom indicators and chart templates. Traders can create their own custom indicators and chart templates, which can be saved and used in future analyses. This makes it easy to quickly analyze the market and make informed trading decisions.
Social Network
TradingView has a social network component that allows traders to share their analysis and ideas with others. Traders can follow other traders and view their analysis and charts. They can also comment on other traders’ posts and engage in discussions about market trends and trading strategies.
The social network component of TradingView is a powerful tool for traders, especially for those who are new to trading or who want to learn from others. By following experienced traders and viewing their analysis, traders can learn new trading strategies and gain a better understanding of the market.
Market Data
TradingView offers a wide range of market data, including real-time data for stocks, forex, and cryptocurrencies. The platform also offers news feeds and economic calendars, which can help traders stay up-to-date on market events and news that may impact their trades.
One of the most useful features of TradingView’s market data is its ability to display multiple charts on the same screen. This allows traders to view the performance of multiple assets side-by-side, which can help them identify trends and correlations that may impact their trading decisions.
Mobile App
TradingView also has a mobile app, which allows traders to access the platform on-the-go. The mobile app offers most of the same features as the web-based platform, including charting tools, technical indicators, and market data. Traders can also view their watchlists and receive push notifications for price alerts and other market events.
The mobile app is a great tool for traders who need to monitor the markets while they are away from their computers. It is also useful for traders who want to make trades on-the-go, as it allows them to access their trading accounts and execute trades from their mobile devices.
Cost
TradingView offers both free and paid subscription plans. The free plan allows traders to access most of the platform’s features, including charting tools and technical indicators. However, the free plan has some limitations, including a limited number of indicators and a 3-chart limit.
The paid subscription plans offer additional features, including more indicators and real-time data. The paid plans also allow traders to save more charts and access more social networking features. The cost of the paid plans varies depending on the level of access and the duration of the subscription.
For more information on Tradingview and to sign up click here