What Is TradingView?
TradingView is a financial market analysis platform that offers a range of fundamental and technical tools like indicators, customisable charts and alerts. It also provides global market data coverage and can be used by traders of all skill levels.
It also allows you to set up custom alerts for specific price levels and technical indicators. This can help you stay notified of sudden price movements and make quick decisions.
It is free
TradingView is a free online platform that provides traders with the tools they need to analyse price movements. It allows users to search for markets using a customisable dashboard and offers cloud-based alerts. The platform also offers a range of trading indicators and a backtesting function to evaluate manual or systematic strategies. In addition, the platform integrates Benzinga and Reuters newswires.
The chart area in TradingView is intuitively organised, with a toolbar on the left that contains 16 functions. This includes the ability to set up and edit alerts, indicators, and layouts. There is also a menu that contains a wide range of chart types and timeframes, as well as real-time market data from over fifty exchanges.
You can also use the chart area to create customised charts using advanced tools like Kagi, Renko, and Heikin Ashi. You can even create a customised multi-chart layout to simultaneously compare multiple data sets or assets. TradingView offers a variety of payment methods, including crypto (BTC, ETH, BCH, LTC), for its annual paid plans.
It is easy to use
TradingView is an all-in-one platform that offers a range of features for traders and investors of all skill levels. Its real-time market data and intuitive charting tools make it an ideal platform for anyone looking to learn or grow their trading skills. It also supports a community of users and encourages collaboration among traders.
Traders can add custom indicators to their charts using Pine Script, the proprietary programming language developed by TradingView. This allows them to backtest and optimize their strategies. The platform also offers a suite of drawing tools to help them perform technical analysis and create trading signals. In addition, they can connect their broker account to receive visual pop-ups, audio alerts, email-to-sms alerts and push notifications.
The main area of the tradingview is where you apply your tools and charts to a particular asset. From here, you can customize your watchlist, private message other users and explore ideas and streams. This is also where you can connect your broker account and place trades directly from the charts.
It is customizable
TradingView is one of the most popular charting and analysis platforms on the internet. Millions of traders use it to make informed trade decisions. It offers advanced tools, technical indicators and a vibrant community. Its intuitive interface empowers traders to customize charts for their specific needs.
The platform has more than 100 built-in indicators for market analysis, and thousands of custom-built indicators from a talented community of developers. These indicators help traders identify price patterns and trends, which can lead to profitable trades.
Traders can also customize their charts by using different settings and drawing tools. They can even create their own color schemes to make their charts more visually appealing. They can also view two charts side-by-side to compare them for better analysis.
Traders can also personalize their news feed by choosing the topics that they are interested in. This will save them time and effort while focusing on the most important aspects of their trading strategy.
It is secure
TradingView is a popular social network and community for traders, investors, and analysts. It allows users to share their ideas and trading strategies and interact with other members through comments and chat. It also offers a range of tools for technical analysis, including customizable charts and drawing tools and a built-in scripting language called Pine Script.
It is important to note that TradingView is not a broker or financial institution and does not execute trades or manage investments on behalf of users. It is therefore critical to use a regulated broker when placing trades and managing investments on the platform.
TradingView uses SSL encryption and 2-factor authentication to ensure the security of user accounts. It is recommended that users create strong passwords and save backup codes. It is also important to use unique passwords for all websites and applications, and not reuse the same password across different sites or apps. This way, even if one account is hacked, the hacker will not be able to access any other accounts on the same platform.