TradingView
TradingView is a charting software and social network dedicated to giving cryptocurrency traders and investors unparalleled insight into the current situation of global financial markets.
This finance website, which is visited by over 50 million traders each month, has established itself as a highly trusted financial source for investing, discovering new market trends and possibilities, and generating new perspectives on global crypto and financial developments.
Note: Investing in crypto-assets is not regulated and entails the risk of losing your entire investment. Before making such an investment, make sure you properly study and understand all of the hazards.
TradingView's main feature is its very powerful, beautiful, and customizable chart engine, which gives users unprecedented access to market data in both historical and present times. It provides tremendous freedom in developing a customized dashboard filled with very modular charts and even improves viewports, data collecting, and presentation with over 8 million scripts and ideas generated by its big community.
TradingView for Windows PC generates very modular charts. They come in 12 basic types, 8 of which can fit on a single tab. Charts have a replay option, the ability to generate unique spreads from math formulas, establish custom time intervals, and are improved with a wide range of technical analysis modules.
This includes over 100,000 community-built indicators (with the top 100 most popular displayed separately for easy integration into any dashboard view), over 50 smart drawing tools, advanced candlestick pattern recognition, volume profile indicators, a diverse set of alerts (with 12 conditions), functionality expansion via community-made or brand new Pine Script add-ons, in-depth financial analysis reports, and more.
It is available on three platforms: straight from the online browser, as a standalone Windows PC app, and as a touch-friendly apps for iOS/Android devices. The platform's developers are unconcerned about users' market activity and trades. Instead, they are completely committed to offering outstanding market analysis tools, networking tools that facilitate the sharing of ideas, and tools for detailed customization of charts and other listed services.
TradingView does not charge trade commissions or other hidden fees, instead relying on fixed monthly subscriptions to fund its operations.
Powerful features
Accurate Technical Analysis
- The software has a number of robust features for doing detailed market analysis and trading techniques. With hundreds of pre-built studies, over 90 clever drawing tools, and a wide choice of popular trading indicators, you'll have all you need.
- Access to over 100 prebuilt indicators, including the most popular ones.
- Explore 100,000+ public indicators for more insights.
- Use 90+ sophisticated sketching tools for exact analysis.
- Use Volume Profile indicators to better comprehend the market and easily identify candlestick patterns.
- Perform a multi-timeframe study to gain complete insights.
- The Auto Chart Patterns tool enables automated pattern recognition.
Bar Replay
- Explore historical pricing data at your leisure. The Bar Replay tool allows you to rewind markets, revisit key moments, and alter the pace and resolution to your liking.
- Simulated trading with historical data.
- Choose between four replay speeds.
- Autoplay mode or step-by-step analysis.
- Use drawing objects and indicators to improve your analysis.
Test your trading strategies.
- Real-time modeling of your trading strategy is displayed directly on your chart. Whether you use pre-made or unique plans based on previous data, you can properly assess their performance.
- Detailed updates on strategic performance
- Pine Script™ enables flexible strategy design and tweaking.
- Track executed orders right on the chart.
- Adjust the strategy settings during forward testing.
- Share strategy performance reports with the other users.
Powerful and customizable alerts.
- The robust and user-friendly alert system ensures that no trading opportunity is missed. Alerts keep you informed regardless of device or Pine Script™ usage.
- Alerts are accessible on all devices.
- Select from 12 alert conditions.
- Technical notifications for indications, drawings, and tactics.
- Pine Script™ alerts for advanced customization.
- Receive push or webhook notifications.
Comprehensive Financial Analysis
- Access extensive fundamental data for major stock markets. Gain valuable insights with complete financial analysis tools.
- 100+ essential fields and ratios for a thorough examination
- Explore financial statements for a deeper understanding.
- Conduct value analysis to improve decision-making.
- Apply historical data directly to the chart.
- Global coverage for world markets
Use heatmaps to visualize the market.
- The heatmap tool allows you to see the global stock and cryptocurrency markets at a glance. Compare firms based on fundamental facts and their performance with ease.
- A wide range of stock and cryptocurrency marketplaces
- Grouping by sector, with specific exploration choices
- Use customizable filters to fine-tune your selection.
- Share your customized heatmaps with others.
- View specific stocks or cryptocurrencies with key statistics.
Easy Asset Discovery
- Filter assets quickly and easily using the criteria you specify. Use straightforward scanning tools to find the most lucrative firms or the best-performing cryptocurrencies.
- Access 70+ stock markets globally.
- There are four screeners available: stocks, FX, cryptocurrency pairs, and coins.
- Use more than 100 filter fields for exact filtering.
- Choose from various timeframes, ranging from one minute to one month.
- Go global and filter firms from all nations and industries in one list.
Global Indices
Track the biggest indices of the global stock market in real-time:
North and South America: Dow Jones, S&P 500, NYSE, NASDAQ Composite, SmallCap 2000, NASDAQ 100, Merval, Bovespa, RUSSELL 2000, IPC, IPSA; Europe: CAC 40, FTSE MIB, IBEX 35, ATX, BEL 20, DAX, BSE Sofia, PX, РТС, ММBБ (MOEX); Asian-Pacific Ocean Regions: NIKKEI 225, SENSEX, NIFTY, SHANGHAI COMPOSITE, S&P/ASX 200, HANG SENG.
How To Use?
Account Creation
Visit the official website to sign up for a FREE PLAN account. Alternatively, you can upgrade to one of the premium subscription plans for more features.
Chart Analysis
Begin by picking your desired market and instrument. Customize the chart with numerous tools and indicators to examine market trends and patterns. Explore numerous time frames and multiple indicators to obtain a better understanding of the market.
Social Interaction
Participate in the community by contributing your charts, ideas, and analysis. Follow other traders, respond to their ideas, and join in debates. Leverage the community's combined knowledge to improve your trading skills.
Alerts and notifications.
Create personalized alerts depending on your trading preferences. Set precise conditions, such as price thresholds or indicator crossovers, to receive alerts when the market satisfies your requirements.
Paper Trading
Use the paper trading function to test your methods in a risk-free environment. Test several trading tactics, assess the results, and adjust your strategies accordingly.
PREMIUM complete package list
- 25 indicators per chart
- 8 charts in one layout
- 400 active price alerts
- 400 active technical alerts on indicators, strategies, or drawings
- Unlimited saved chart layouts
- Second-based intervals
- Alerts that don't expire
- 4x more data on charts (20K bars)
- Publishing invite-only indicators
- 4x more intraday data in Bar Replay
System Requirements
Since TradingView is a web-based platform, it can be accessed from most modern web browsers on Windows, Mac, and Linux operating systems. It is also available as a desktop/mobile client application for Windows, macOS, Linux, iOS, and Android devices.
PROS
- Extensive charting capabilities with a wide range of indicators and drawing tools.
- Active community for idea sharing and collaboration.
- Real-time data from multiple financial markets.
- User-friendly interface with customizable charting options.
- Paper trading feature for risk-free practice.
CONS
- Some advanced features are limited to premium subscription plans.
- Steep learning curve for beginners unfamiliar with technical analysis.
- Limited options for connecting with certain brokerage accounts.
Conclusion
TradingView is an extremely versatile trading and charting tool that caters to traders of all skill levels. It provides a comprehensive trading experience through its extensive charting tools, real-time data, and dynamic community. While newcomers may confront a learning curve, the platform's user-friendly layout and educational tools make it accessible to everybody.
Whether you're an experienced trader or just getting started, it provides you with the tools and insights you need to make sound trading decisions.