Trading Tools Beyond Technical Analysis Education TradingView India

The middle of the chart, where you can see the price of the currency, is called the chart area. So, unless you’ve been living (or trading, I guess) under a rock for the past few years, you probably already know a little about Tradingview, or at the very least have seen it advertised somewhere. The stats are calculated based on the coverage of the drawn range.

Just remember, the trial will automatically switch to a paid account after the 30 days is over. So make sure you end it by then, otherwise, you might get a nasty surprise the next time you check your bank account. I’ll get a post out soon that details some of my favourites and how you can use them when trading. For the most part, the settings are the same, so don’t discard what I said earlier. Use them as the default settings, even if you set up your chart differently to how I’m about to show you. The stuff I change here are mainly small things that get rid of unnecessary information or tell us stuff we don’t need to see.

  • Many stocks and crypto’s hardly move or move so much that the spread makes it impossible to make money.
  • Just like forex factory, Tradingview has a fully functioning economic calendar that shows all upcoming news events along with their predicted impact on the price.
  • If there’s an indicator, feature, tool or strategy that isn’t listed, write us with feedback on what you’d like to see!
  • The Tradingview Windows app for desktop looks and functions almost identical to the browser version.
  • You can even send your created indicator or trading strategy over to Tradingview for verification.

It lets you screen stocks, currencies, and crypto using all sorts of different metrics, so you can find EXACTLY the right one to trade or invest in. The bottom menu contains some of the best tools on Tradingview. So if you’re not sure when a stock is set to announce its earnings, you can just check the calendar. However, another way to see upcoming news is to open up the calendar (green box). Whenever you set an alert, it’ll show inside this tab for easy viewing.

This post will also lay the groundwork for future posts about more advanced volume profile topics. Please remember this is an educational post to help all of… In this post I’ll provide a detailed guide to the Tradingview App for windows.

I am new to TradingView. Where can I learn more on how to use TradingView features and tools?

As many of you know, I’m a HUGE fan big round number levels – prices that end in 500 and 0000. For my money, they create some of the strongest support and resistance levels in the market, with many of the biggest reversals beginning after price touches or comes close to the levels. Nowaday’s, trading platforms are everywhere, so knowing which has the right features and which to choose for trading isn’t as easy as it seems. Choosing the right chart platform to view price and carry out analysis is critical to your success in forex. If you think it’s possible to make millions with a second rate platform offered for free by a no-name broker, in the words of the great Judas Priest… “you’ve got another thing coming”.

Once you confirm your account, simply log in to begin looking at charts and analyzing price. Getting setup with Tradingview takes literally a couple of minutes. You don’t need to download any programs or sign up for a broker, as you often do with MT4 or other platforms.

Who are TradingView?

So unless you want to lose your analysis, it’s a good idea to open a free account. I’m guessing you guys probably have a few questions about Tradingview? Below I’ve left a small list of the most common questions people ask as well as my answers to them. It’ll take some time to really learn all of the ins and outs of how to use the platform – it took me a good few weeks, and that’s coming from MT4 – but with this guide, you should pick it up in no time.

If there’s an indicator, feature, tool or strategy that isn’t listed, write us with feedback on what you’d like to see! We’ll try our best to adapt our list to your needs and add in more until you’re satisfied. You also have the ability to search for and check out various Educational Ideas through reading text widgets and by opening Ideas and click tags that are related to the topic you are looking for. It’s super easy to get started, and once you do, you’ll be able to find countless resources to aid you in your trading. Charts wise, it has everything you could ever ask for – and more you probably didn’t. The trial gives you access to all pro account features, including those I listed at the beginning – see the full list here.

Compare lets you compare the price of two currencies – or any other assets if you like – against one another. You probably won’t use this next tool too often, but it’s still useful in certain situations. So when you first open a chart, head over to the Pair Selector (GBP/USD in the image) to switch to your favoured pair. The top bar menu contains 18 different options, all of which I’ve labelled above. It doesn’t show every release as forex factory does – so best to still keep that open somewhere – but all the important ones will show on the chart at their respective times. As it says, this shows important economic news on the chart via a small circle with a flag and number.

Each of these models is trained with 500B tokens of code and code-related data. Moreover, Polygon CDK offers developers the flexibility to choose custom Polygon CDK components to build their tailor-made chains as per requirements. And for technical reasons, the Autofill feature doesn’t work for brokers,, Alpaca, and Bingbon.

To change the colour, head over to the Appearance menu in chart settings (right-click somewhere on the chart to open the menu) and change the chart colour to white. Look here to see net profit, max total draw-down, Sharpe ratio, winning trades vs losing trades, average risk to reward ratio among other important stuff. If you click List of Trades to the right, you can even get a trade by trade breakdown, giving you even more info about your strategy.

How to install TradingView Windows App

Please remember this is an educational post to help all of our members better understand concepts used in trading or investing. It’s free to download and contains all the same features as the web-based platform…. View charts, conduct analysis, and interact with other traders all from your device.

We made Pine Script™ so that you can write and share your own indicators and strategies. Pine Script™ is elegantly minimal — two lines of its code will do the work of hundreds in other languages. This script takes the Rule #1 3 tools and plots them on the graph, to provide an additional level of indication for when to sell and when to buy. █ OVERVIEW
Library „e2hray”
A drawing library that contains the hray() function, which draws a horizontal ray/s with an initial point determined by a specified condition.