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Tradingview

TradingView offers tools for technical analysis, charting, and social networking to help traders make informed decisions.
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Tradingview

What is Tradingview?

TradingView is a popular platform for traders and investors to access a wide range of tools for technical analysis, charting, and social networking. It offers real-time data with customizable charts that can be tailored to individual preferences. Users can also collaborate and share trading ideas with a community of traders through features like chat rooms and social networking functionalities. TradingView aims to provide an intuitive and user-friendly interface to help traders make informed investment decisions. Overall, it is a comprehensive platform that combines advanced analytics with social interaction to support traders in their financial endeavors.

Who created Tradingview?

The trading platform TradingView was founded by the company MultiCharts, which was established by Stan Bokov and Constantin Ivanov. Stan Bokov, the co-founder of TradingView, has a background in computer science and has been instrumental in developing the platform's innovative features and tools for traders. The company has grown to become a popular choice for traders due to its user-friendly interface and advanced charting capabilities.

How to use Tradingview?

To use TradingView effectively, follow these steps:

  1. Create an Account: Start by signing up for a TradingView account on their website.

  2. Explore the Platform: Familiarize yourself with the layout, including the charting tools, indicators, and drawing tools.

  3. Chart Analysis: Select a financial instrument and add it to your chart. Customize the time frame and add indicators for analysis.

  4. Drawing Tools: Use the various drawing tools available to mark chart patterns, trends, and support/resistance levels.

  5. Save Charts: Save your chart setups for quick access in the future.

  6. Watchlists: Create watchlists to monitor multiple assets simultaneously.

  7. Set Alerts: Utilize the alert feature to get notifications based on criteria like price movements or indicator conditions.

  8. Trading Ideas: Explore trading ideas shared by the community and contribute your own insights.

  9. Social Networking: Engage with other traders, follow their strategies, and participate in discussions.

  10. Education: Utilize the educational resources available on TradingView to enhance your trading skills.

By following these steps, you can effectively use TradingView for chart analysis, idea sharing, and engaging with the trading community. Happy Trading!

Pros
  • Access to a wide range of markets
  • Charting tools and technical analysis features
  • Customizable interface
  • Social trading features
  • Alerts and notifications
  • Collaborative community platform
  • Possibility for automated trading strategies
  • Market data and news integration
  • Mobile app availability
  • Demo account for practice
  • Ability to share charts
  • Price alerts and notifications
  • Ability to trade directly from the platform
Cons
  • Limited features in the free version
  • Some essential features require a subscription
  • Difficult for beginners to navigate
  • Charting tools can be overwhelming for new users
  • Limited historical data in the free version
  • May not justify the cost for occasional traders
  • Complex interface for basic users
  • Mobile app lacks certain functionalities
  • Lack of advanced technical analysis tools
  • Limited broker integrations

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