TradingView - visualization of your markets and charting
TradingView is a platform that allows you to customize technical indicators, create charts and analyze financial assets. These indicators are patterns, lines and shapes that millions of traders use every day. TradingView is available in a browser and does not require a client download. If you prefer to trade from mobile devices, you can download the iOS and Android apps.
TradingView was launched in Westerville, Ohio in 2011 and today has a huge user base, with eight million accounts created in 2020 alone. Users can chart and analyze various stocks, commodities and currencies with a free or premium account.
TradingView was launched in Westerville, Ohio in 2011 and today has a huge user base, with eight million accounts created in 2020 alone. Users can chart and analyze various stocks, commodities and currencies with a free or premium account.
TradingView: Advantages
The main advantage of the platform lies in the number of available tools and settings. For example, technical indicators - functions that take into account the statistical indicators of trading - are used to determine trends in the market. TradingView has more than a hundred built-in indicators. In addition, the user can use the Pine Script language and create technical indicators from scratch - there are thousands of them on the platform.
In the analytical platform you can find both classic chart types like Japanese candlesticks or bars and exotic ones like Renko, Empty Candlesticks, Kagi or Haken Ashi. Each of them can be customized by time interval (timeframe) from 1 second to 6 months, by current bid and ask prices, as well as by spread value.
Another advantage of TradingView is the community of traders organized as a social network with chats, posts, videos. Such content helps beginners to understand the platform features faster, learn how to choose winning strategies and avoid failures.
All posts are collected on the "Ideas" tab and shown as a feed where users can leave comments and likes. The more reactions a trader collects, the more often his posts will appear in other people's feeds.
In the analytical platform you can find both classic chart types like Japanese candlesticks or bars and exotic ones like Renko, Empty Candlesticks, Kagi or Haken Ashi. Each of them can be customized by time interval (timeframe) from 1 second to 6 months, by current bid and ask prices, as well as by spread value.
Another advantage of TradingView is the community of traders organized as a social network with chats, posts, videos. Such content helps beginners to understand the platform features faster, learn how to choose winning strategies and avoid failures.
All posts are collected on the "Ideas" tab and shown as a feed where users can leave comments and likes. The more reactions a trader collects, the more often his posts will appear in other people's feeds.
TradingView is a platform for analyzing data, charting and tracking currency indexes in real-time
TradingView is a great option for those looking for a free solution with a wide range of tools. The platform's tutorials are also free, while covering the basics of charting and technical indicators.
However, the social side is not as strong. The chat rooms often offer speculative advice that should be avoided. For beginners, the social features of the platform are less useful for being able to distinguish good analytics from bad.
Nevertheless, TradingView is worth trying at least for the sake of the graphical tools. Besides, it is also a great place for backtesting trading strategies. Technical analysis is a deep topic, and this free account will be more than enough to learn it.
However, the social side is not as strong. The chat rooms often offer speculative advice that should be avoided. For beginners, the social features of the platform are less useful for being able to distinguish good analytics from bad.
Nevertheless, TradingView is worth trying at least for the sake of the graphical tools. Besides, it is also a great place for backtesting trading strategies. Technical analysis is a deep topic, and this free account will be more than enough to learn it.
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