TradingView.com is a browser-based platform for traders and investors to chart and analyze financial markets.
It is a powerful and flexible platform with a ton of features and integration of social media with a built-in traders community all available for a monthly or annual subscription fee.
What is TradingView?
To claim that TradingView is simply a free charting platform with additional bells and whistles you charge for gives the system in its context a major disservice.
Pretty honestly, it’s one of the best online platforms for whatever you’re trying to do, whether it’s trading currencies, trading crypto coins, trading shares, commodities, bonds, wherever you are in the world.
Many people are wondering if you can exchange with TradingView directly.
The answer to is yes and no.
TradingView is not a broker, but a limited number of brokers listed below are incorporated.
Co-founded in 2011 by Stan Bokov, the company offered free, efficient browser-based charting to increase the site from 2,000 daily visitors to a global user base of 15 million.
TradingView is dedicated to providing a charting platform that helps traders to customize their charts.
You can enter forums, follow traders, and a whole host of other content powered by the crowd
TradingView.com offers a simple and versatile way to use the new and better web technology, HTML 5, to view stock graphs.
Such inventory graphs are community-driven in the form of optional annotations on each chart to provide technical analysis.
Community aside, TradingView also offers highly informative charts, not to mention better pricing for those who want advanced access than StockCharts.com.
Pine Script is a feature that allows you to create your own indicators from the very beginning to analyze the different markets and stocks in more detail.
You can even modify and edit the codes of different technical indicators, embedded charts and all kinds of other trade concepts using the pine script app.
The Add Alert feature is another handy feature in the right-click menu. This will allow you to attach an warning at the right-clicked price point.
It will open a new window where all the options can be changed to your liking – if you want, you can even change the value.
You can create price alerts based on moving averages, regular price rates, pick price ranges, or trigger a warning after a certain price move.
The alert function of TradingView really offers endless opportunities.
Even the website offers access to the latest news powered by Yahoo Finance.
Nonetheless, at times it appears to be a little sluggish and gives the ability to sort news based on its popularity among traders.
That being said, this function may not be appropriate or useful to all traders, but you can understand the various fundamental factors that drive.
The section on the watch list is one of those Tradingview resources that provides you won’t find with your broker.
These tools enable you to organize your charting in a way that improves your analysis efficiency and quality.
That’s why you need to use a different charting system from your broker.
In the latter stage of 2018, a new feature has appeared on TradingView: custom
The TradingView watchlist not only helps you to keep track of the markets you are watching, it also provides information on the current price action for the day, the regular range (how much price movements can be expected) and a news feed explicitly for the markets in your watchlist.
TradingView is available through the App Store on every app and on all iOS devices.
TradingView now provides a brand new iOS app so traders can get real-time quotes on the move, respond instantly to their private messages, and gain access from anywhere in the world to their saved graphs.
How To Create a TradingView Account
Just follow this link and click “enter for free” in the top right corner to create an account.
Follow the instructions and you’re done, that’s it! With TradingView, you successfully created a free account.
Plans | Costs | Pricing
To kick the tires, it is free to set up an account with limited access and delayed quotes.
Intra-day traders will need quotes and chart information in real time, however, as well as the ability to save charts with indicators and resources.
TradingView offers three subscription levels.
All subscriptions come with a trial period of 30 days; however, all subscriptions require real-time data exchange fees.
Pro, Pro+ and Premium are the payable account options.
This is a great solution for students trying to minimize trading costs as the platform provides traders with everything they need to see price charts, graph size, moving averages, as well as other technical analytics tools typically used by traders.
Simply follow this link to create an account and press “enter free” in the top right corner.
Follow the instructions and you’re done, that’s it!
With TradingView, you successfully created a free account.
Sadly, you will see the occasional commercial using the free account.
They may be irritating but they’re not too invasive–you won’t see any commercials with a paid account.
For this guide, you can continue to use the free account, but if you plan to use TradingView as your charting platform, you’ll probably want to upgrade to a paid account.
Pro membership is valued at $9.95 a month if billing is paid every two years, $12.95 a month if billed every year, or $14.95 a month if billed.
With the Pro System, you will be able to better control your stock analysis.
On the server side, you will obtain two charts for each model and 10 alerts.
Besides 5 saved chart layouts, you can also have access to unlimited watch list.
It gives you five different indicators for each map.
However, you will not have any dedicated access to customer service.
Pro+ bumps the price and adds faster customer service and more alerts, allowing you to use up to four chart layouts, connect simultaneously to two devices, and save up to 10 chart layouts.
But with this pricing plan, you still don’t get SMS notifications.
Who Is TradingView Best For?
To investors who want to experience the financial markets for the first time, TradingView can be used at absolutely no cost to exchange ideas, strategies and analytics.
The platform also provides paper trading to help you put your trading strategies into action without the risk of losing money.
This site was designed for traders and investors who favor technical analysis in the first place.
I can’t stress the simplicity of the map.
It even has a replay feature that allows you to watch how the price history has played from a particular date to the present.
Pros of TradingView
One of TradingView’s distinctive features is its culture.
TradingView is made up of more than 3 million active users and 3,300 new users join each day on average.
On average, 1,400 new ideas from the public and 1,250 new snapshots from the chart are shared daily.
It leads to endless concepts, changes and review of trading.
You are sure to find something that suits your style if you do not analyse
Traders can also use a supported broker to connect their TradingView account and place trades right from their charts.
With paper trading, you don’t have access to level 2 info, which seems to be a little frustrating.
The platform’s news and headline system is a week and needs to be further improved, such as sorting news based on its popularity and importance as with other traders.
Cons of TradingView
Many simple features such as multiple chart formats and various chart styles must be compensated for by members.
To use more than three indicators on a chart, save more than one chart and even use TradingView on more than one device simultaneously, you need to upgrade from the basic package.
MetaTrader 4 is a trading platform built for Forex and CFD (differential contracts) trading by MetaQuotes Software Inc.
This is what you need to set up your own business of brokerage services and represent financial markets traders.
MetaTrader 4 is a full-cycle trading platform that includes both components for back-office and front-end terminals.
For the vast majority of main exchanges, you can add APIs so that you have the tools and the ability to do business, placing them on the chart itself.
There are also many Youtube tutorials.
Free for the first month and it’s 15-20 bucks a month ago if you like it.
I like it very much and have been using it for a couple of months.
If you can get the most out of it, it pays for itself.
Tradingview Customer Support
The type of customer support available depends on the type of account you have.
Free accounts have access to the FAQ page, TradingView Wiki, videos and product walk-through that can be accessed by clicking on the question mark icon in the chart’s left bottom.
Is TradingView Worth the Money?
If you’re new to trading and you’ve never used TradingView or a charting tool before, signing up is a big commitment for two years.
But if you’ve been trading for years and you don’t plan to stop anytime, a two-year strategy isn’t that big of a commitment.
However, if you want to find out if any of the plans are worth investing your money in, you can take advantage of their 30-day free trial.
If you don’t find it worth the money, you can always quickly cancel your subscription so you won’t lose anything.
So that concludes the 2019 TradingView guide
We know there’s a lot in this guide, but that’s really supposed to help you get much faster with the platform.
As you use the platform, you will find that when you get into the swing of it, there’s not much to it.
To sum up, if you’re an active trader and visual thinker, TradingView is just for you
Their service provides you with access to all the tools needed to properly chart the financial market, such as volume, technical indicators and tools for drawing.
The platform is organized conveniently, making it a great user experience.
In fact, the system is well structured, making it a pretty attractive offer for an impressive user experience and a 30-day free trial for the premium packages.
TradingView enjoys a fair share of merits and demerits like any other trading trend in the world.
Weighing the two, the merits of the screener appear to outweigh the demerits.
Other Crypto Reviews:
- Unstoppable Domains Review
- ByBit Review
- Bitrue Exchange Review
- Ledger Nano S Review
- Brave Browser Review
- Cryptosteel Review
|Disclosure: This post contains links that are affiliate links. It means that if you make a purchase, we can make a small profit. This will not cost you anymore, but it helps us to keep publishing useful content – thank you for your support!|