Trading Potential Boom with TradingView
To succeed in the competitive world of trading, you need to work with a reliable broker, be the one with the market, and choose the right software. Today, we’ll talk about the last, but obviously not the least, point in this battle for leadership. We’ll discuss TradingView, learn why it deserves your attention, how to start your journey with this tool, and how to make it rewarding, choosing the best among TradingView‘s available plans.
TradingView Kick-Off: Registration & Familiarization
TradingView is a platform that allows traders to view market-and-trade-related charts, indicators, alerts, technical analysis tools, backtesting, screeners, and more. It’s an all-in-one investing assistant, and there must be no trader that doesn’t know about this tool.
The platform is used in over 180 countries, and each month it serves more than 30 million traders. You can use the tool and leverage its benefits from almost any part of the world.
But how do you sign up and try TradingView‘s outstanding functionality firsthand? Let’s find out in the next chapters.
Account Creation in TradingView
To create an account on TradingView, you shouldn’t invent a bicycle — just follow the simple steps below:
- Go to the TradingView website. Visit the TradingView homepage.
- Register by your preferred method. Sign up via email, Google, or social media.
- Finish the registration. Fill in all the needed details, like your email and password.
- Check your email and verify it. Go to your email box and find a verification link from the platform; click on it.
- Download TradingView desktop and mobile. Install the tool on your preferred device.
- Start your journey. Once you are done, log in and start studying the platform.
That’s it. When you download TradingView, you can play with its functionality, analyzing and enhancing how your trading goes.
Pricing Plans in TradingView
TradingView has different pricing plans to satisfy your needs and budget capacities. Check them and see what works for you:
- Free Plan. Basic charting tools and features. Perfect for beginners who are just learning about the market.
- Pro Plan. More advanced features (multiple charts, greater number of indicators, and faster updates of data). Great for mid-level traders.
- Pro+ Plan. Even more cutting-edge features, as well as devices and additional server-side alerts. Suitable for active traders.
- Premium Plan. Full suite of tools with no limits: access to every single feature, including all indicators, charts, and premium support. Best for expert traders.
As you see, these plans have different peculiarities and are designed for different skill levels. Each plan features its own price point, which you can find on the official TradingView website. However, for all users, there are free trials, while annual subscriptions offer many pleasant discounts.
Platform Availability: TradingView Desktop or Mobile?
Now, shall we talk about which version, desktop or mobile, you should use to make the most of TradingView?
To start with, both desktop and mobile provide great performance, interactive and customizable charts, and astonishing speed, especially if compared to the web version. Some features can even be available offline, letting you access specific tools even when you lack an internet connection.
Besides, via all TradingView versions, you can access a community of other traders and share your insights with each other.
However, there are some unique features of TradingView desktop and mobile options, and below, we described each. So, we propose to waste no time and check them for you to start trading with TradingView and see results in no time.
Overview of the TradingView Desktop Version
You can download the TradingView desktop version for Windows, macOS, and Linux. The option provides such unmatched perks in functionality as:
- Multiple Monitors. Via desktop, you have a chance to open multiple screens at one time to track markets synchronously.
- Tab Duplication. You can duplicate and sync tabs by the color of your choice to simplify monitoring and analyzing the chart.
- Reopening of Closed Windows. If you close something important, simply reopen it using the link copied in the clipboard.
- Sync with Your System. There is a functionality to sync the desktop to your system, and it will work in the dark/light mode you chose for your device.
This list can grow and grow, as there are so many features the TradingView desktop can offer you. We just wanted to highlight some unique matters that differentiate this version from the TradingView app for mobile.
About the TradingView App for Mobile Devices
In the other way, but the mobile version of TradingView also has excellent features, which include:
- Access From Any Place. Using the TradingView app for mobile means you can access live market data on the go.
- Push Notifications. The mobile version features alerts you can set for price movements and receive instant notifications.
There is a lot more to tell you about TradingView desktop and mobile functionality, but our sincere advice is for you to try both versions. However, instead of choosing one, you can mix them and, for example, use the mobile version when you’re out of home or for some important notifications and utilize the desktop for the main activities.
Brief Review of the Main Features and Capabilities
Now, let’s talk more about the functionality of TradingView and how you can benefit from it in the best possible way.
Charting Tools and Customization
Even though TradingView is widely recognized as a platform with the best charting tools, it also features great customization. It means you can have a more personalized, adapted-to-you experience. If this is what you’ve searched for, discover more in the points below.
How to Create and Customize Charts
To create charts and make it more personalized via TradingView, follow the next steps:
- Select a market you will analyze by using a search bar.
- Click on ‘New Chart’ to open a blank chart.
- Use the chart settings to change the layout, colors, and time frames.
- Choose the best indicator TradingView has in its pocket, or create your own custom scripts with Pine Script.
- Experiment with drawing tools to outline support and resistance levels, trend lines, and other patterns.
Best Indicators on TradingView
The platform has so many indicators. Every single best indicator TradingView can offer can change how you analyze and manage your trading. The most popular of them include:
- Moving Averages.
- Relative Strength Index (RSI)
- Bollinger Bands.
- MACD (Moving Average Convergence Divergence).
- Volume Indicators.
Real-Time Functionality on TradingView
Accessing TradingView live stock is another great feature of this platform. It enables you to see real-time updates on all important matters and the latest market information.
Real-Time Data and Updates on Current Stocks
The main perks of the TradingView real-time feature include:
- Fast access to the current stock prices and market conditions.
- Chance to learn the latest industry news and its changes on time.
- Economic calendar with crucial economic events and market prognoses.
- Instant custom alerts for price movement, most recent updates, etc.
TradingView API
To help traders automate their approaches, there are many TradingView API capabilities. They’re all about customization of your experience and providing you with a richer trading environment.
Integrating and Using APIs for Automated Trading
Gains from using the capabilities of TradingView API include:
- Custom scripts developed with the Pine Script.
- Automated orders based on predefined criteria.
- Access and integration of real-time data.
- Backtesting to test your strategies against historical data.
Do You Need TradingView High-Class Plans?
Wonder whether the game is worth the candles, i.e., whether you should buy advanced plans in TradingView? Wait no more, and let’s find out!
Comparison of Free, Pro, Pro+, and Premium TradingView Plans
Check what benefits you can gain by choosing enhanced plans and decide if you want to pick one of them or stay with a free option. You’ll see that there are significant differences between them, especially if talking about TradingView Free and TradingView Premium.
The first one is pretty basic but suitable for beginners, while the second one offers all you need for professional trading analysis. The budget also matters here. If you have a tight budget, you can confidently use the free version or a relatively cheaper one, like TradingView Pro. Gladly, TradingView price on plans allows every trader to choose their perfect something.
Feature/Benefit | TradingView Free | TradingView Pro | TradingView Pro+ | TradingView Premium |
Ad-Free Experience | No | Yes | Yes | Yes |
Indicators and Strategies | Limited | 5 | 10 | Unlimited |
Backtesting | No | Yes | Advanced backtesting | Advanced backtesting with maximum historical data access |
Device Usage | 1 device | 2 devices | 5 devices | 5 devices |
Server-Side Alerts | 1 | 20 | 100 | 400 |
Advanced Drawing Tools | Limited | Yes | Yes | Yes |
API Access | No | No | No | Yes |
Screeners and Watchlists | Limited | Unlimited | Unlimited | Maximum screeners and watchlists |
Sentiment and Analytics | Basic | Basic, but with more features | Advanced analytics and sentiment analysis | Even more advanced account analytics, sentiment analysis |
Remember that it isn’t that important which plan you choose, whether the TradingView free one or more advanced plans. There are no TradingView premium features, tools, or plans that guarantee your success. The only person who is responsible for your success is you; hence, don’t stop learning, experimenting, and practicing.
Our team sincerely hopes that this guide was helpful and you gained new insights about TradingView! See you in the next articles about the complex yet captivating trading industry.
FAQ
TradingView is known for its efficient security and protection measures, including:
- Encryption.
- Two-Factor Authentication.
- Regular Security Audits.
- Data Privacy Policies.
But remember that safe monitoring of trading activities depends on you, too: choose a reliable TradingView login and password, don’t share personal info with others, and don’t allow anyone to use your TradingView account.
TradingView has many features that allow you to find like-minded people, share your experience with them, and receive some of their insights. These involve:
- Public and Private Chats.
- Idea Publishing.
- Social Network Integration.
- Commenting and Liking.
For new traders and those who don’t stop learning, TradingView — no matter if it is ID, US, or VN TradingView — provides extensive support and training opportunities. The most popular are:
- Educational Resources.
- Community Support.
- Localized Support.
- Customer Support.