TradingView Trading Platform capabilities and features

Charts wise, it has everything you could ever ask for – and more you probably didn’t. We’re TradingView, a charting platform and social network used by 50M+ traders and investors worldwide to spot opportunities across global markets. TradingView is a technical analysis charting software for day traders and swing traders. Instead of constantly switching between assets and charts, most traders will set alerts at key price levels that they want to keep an eye on.

  1. Finding the levels doesn’t take long, but marking each one on the right price gets old… fast.
  2. Analyze the charts and indicators to identify potential trading opportunities.
  3. It’s also the reason I ranked the platform #1 on my list of the best stock market simulators.

Users can share trading ideas, strategies, and analyses, fostering a collaborative learning environment. For anyone looking for a free solution with a significant amount of tools to use, TradingView is a solid option to explore. Their educational material is also free to access and easily covers the basics of charting and technical indicators in detail. TradingView is just one choice out of many when it comes to asset screeners.

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Shapes contains all the shape drawing tools Tradingview provides – and yes, that includes rectangles for S & D zones. And if those don’t tickle your fancy, select the brush tool to draw a freehand shape. Pitchforks aren’t really my thing – a little too subjective for me. However, if you’re a fan and use them often, head on down to the pitchfork tab to find a bunch of useful tools. Financials shows important figures about a stock (earnings, debt, cash flow, etc).

Unless its to aid in price based decision making, indicators have NO PLACE on your chart. Using them for anything other than confirming a signal or something you see happening https://bigbostrade.com/ is a quick way to ruin, as hundreds of failed traders will tell you. You can even send your created indicator or trading strategy over to Tradingview for verification.

Best Stock Analysis Software & Apps for Better Returns (

Before we cover the options, find all your account settings inside the Profile tab (1). You don’t have to change this next setting, but I recommend turning it on because of how easy it makes finding where price might reverse. With that out of the way, it’s time to adjust the chart settings.

Finance should be social

The Free plan is good for trying the service for the first time. The Pro+ plan gives power users multiple charts, indicators, soportes y resistencias alerts, and real-time data. You can switch between plans, upgrade, downgrade, or cancel any plan anytime.

The magnifying glass below (2) lets you zoom in and out of the chart – you can do this with your mouse wheel, so it’s kind of unnecessary. If you hate manually calculating risk/reward ratio, profit targets, and the like, you’re going to LOVE this tool. Some aren’t as quite as useful as the others – flat top/bottom, anyone? – but it’s nice to see Tradingview go the extra mile and add ones we probably wouldn’t use or otherwise know about in our trading.

WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data. It has every indicator and analysis tool I need (and much more) and its minimalist design makes trading simple and effective. Most traders follow many stocks at once – you need to in order to find the best setups to trade.

Furthermore, by connecting to trading platforms like Capital.com, users can seamlessly integrate the power of TradingView’s tools and features into their trading experience. This integration allows traders to harness the full potential of TradingView while executing their trades with their preferred broker. Beyond improving your technical trading skills (pardon the pun), you’ll also learn about risk management, trading styles, market interpretation, trading plans, and so on. Though these “soft skills” are less talked about, experienced traders know the vital role they play in consistent profitability. TradingView excels in its charting and technical analysis offerings, while eToro is renowned for its social trading features, allowing users to copy the trades of successful investors.

Fundamental analysis is a thorough process of assessing the intrinsic value of a security such… Unlock insight into all major markets, and stay up-to-date on latest economic trends. Access data from TradingView’s vast array of feeds, or create your own feeds.

An extensive array of fundamental data for all major stock exchanges. Ideal for thorough market study, your crosshairs will move in tandem across all your displays. Plus, you can switch the ticker on every tab with just a single click. A Reuters poll showed on Monday that uncertainty about the economy and U.S. interest rate cuts could drive record gold prices in 2024. Our January report reveals the 3 “Strong Buy” stocks that market-beating analysts predict will outperform over the next year.

Assets include stocks, ETFs, futures, forex, cryptocurrency, and more. TradingView has coverage for more than 1,350,000 instruments worldwide. If you want to be successful, buying good hardware, using a solid broker, and investing in the right charting software are all critical. You’ll be at a serious disadvantage without these tools, which is something I’m all too familiar with. TradingView fosters a sense of community among traders, encouraging collaboration and knowledge-sharing. Its user-friendly interface and comprehensive market coverage appeal to various individuals, from novices to seasoned professionals.

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