Trading

October 27, 2021

What is TradingView and How to Use It?

With an incredible expansion of financial markets over the last decade, investors were searching for better tools and solutions to handle their trades, portfolios and make technical analyses.

With an incredible expansion of financial markets over the last decade, investors were searching for better tools and solutions to handle their trades, portfolios and make technical analyses. But few platforms were available with not many features and most of them required technical knowledge. 

Instead, TradingView became popular due to its simplicity, features and solutions offered to financial investors. In this guide, we are going to share with you all the details about TradingView, how this platform is used around the world and more. 

Disclaimer: the information shared by AltSignals and its writers should not be considered financial advice. This is for educational purposes only. We are not responsible for any investment decision you make after reading this post. Never invest more than what you are able to lose. Always contact your professional. financial advisor.

What is TradingView Used For?

TradingView is one of the most popular online-based charting platforms in the market. It lets investors find the charts they need of different currencies, cryptocurrencies, indices, stocks and commodities, among other instruments. 

Thanks to its wide range of features, users can also trade using this platform and perform technical analysis on different charts. Users can search for forex pairs, stocks and crypto pairs, draw lines, and even deploy trading signals

Thanks to its intuitive interface, this online web-based charting platform would let you pick the trading pairs you want to analyse and you would have clear information about the market and how it works. 

The platform includes a premium version that would allow you to open different trading pairs at the same time, work with different screens and get access to a live chat 24/7. This would let you have the most advanced experience if you are a trader or a market analyst. 

How to Use TradingView?

There are different ways to start using TradingView. The first thing you should do is opening an account. This is free of charge and you can start using different tools, charts and solutions offered by this platform. 

Once you create your account, you need to decide whether you go premium or you stay with the free version of the software. If you are a person that requires intensive chart using or that trades with multiple monitors and screens, then the premium version should be a good purchase. 

If you are an investor or analyst that only requires one chart at a time and that would use it sporadically, then you can easily stay on the free version. It is worth taking into consideration that if you want to directly trade using TradingView, you should use the premium version. 

TradingView Features

As we mentioned before, TradingView has a large number of features that makes it a very useful platform for investors and analysts. In this section, we share with you some of the best solutions offered by TradingView. 

Multiple Instruments

You can trade with multiple instruments using TradingView. That means that you would not only find Forex pairs, but you would also get information about indices, cryptocurrencies, commodities and many others. You can compare currencies to virtual currencies, indices and other instruments in just clicks. 

In this way, TradingView becomes one of the most useful platforms to analyse financial markets. Thanks to other features, TradingView is a very powerful tool for investors and analysts. 

Exchange Connector

Now, with all the features that the platform offers, it becomes even better than using other brokers or cryptocurrency exchanges. Why? Simply because TradingView has hundreds of different indicators, solutions and tools that would make your trading activities much more advanced. 

Thanks to this feature, users would be able to connect their exchanges or brokers with TradingView. In this way, they would be able to execute trades and plan their strategies using TradingView. 

Indicators

The most popular thing about TradingView is related to its wide range of tools to analyse the markets. They offer trend lines, Fibonacci retracement levels, moving averages, volume data and more. The wide range of solutions offered by TradingView became one of the best in the market. 

You can find hundreds if not thousands of indicators and charting tools that will help you understand how the market works and how it could move in the future. 

Signals

Finally, thanks to being open to developers, signals groups can share their trading signals with unique indicators such as AltSignals’ AltAlgo Indicator. This indicator would flash buy and sell signals directly on TradingView, letting you buy and sell different instruments and remaining profitable in the market. 

AltSignals Team

Proficient authors guiding you with transparency, integrity and education through the finance international markets

The AltSignals writing team consists of experts dedicated to the world of finance and technology, with a particular focus on cryptocurrencies and forex. Our writers bring a broad range of knowledge and experience, cultivated through years of arduous and direct involvement in financial markets, as well as intense technological collaboration.

Editorial approach

At AltSignals, we believe that transparency and education are the key to empowering our readers. Therefore, our content is meticulously researched to ensure its accuracy and thoroughness. Each of our articles is created with the aim of providing educational insights and in-depth analysis, helping both beginners and experienced traders.

Commitment to quality

Integrity is certainly the foundation of our editorial process. The team follows rigorous journalistic standards with careful review, all to ensure that each publication is meticulously researched and exceeds our readers’ expectations.

Our mission is to provide analysis that informs as well as guides users and enthusiasts through the complexities of the cryptocurrency and forex markets. In line with our motto of “quality over quantity”, we guarantee that only the highest quality trading signals are published.

In addition to our commitment, which extends beyond the simple transmission of useful information, our in-depth analysis focuses on profitability and effectiveness squarely, avoiding the common industry habit of prioritizing profit over accuracy. Our traders are strategic experts who offer personalized help to those seeking worthwhile portfolio management tactics.

Diverse knowledge

Our authors are proficient in a variety of topics across the financial spectrum, from emerging trends in blockchain to the nuances of forex trading. This diverse range of knowledge allows the team to cover several topics, ensuring our content is always comprehensive and deeply specialized.

Interactivity and support

We understand that the world of trading can be complex for many. Therefore, alongside producing informative articles, our team is also committed to interacting with the community. Through comment sections, forums and direct support, we encourage our readers to seek clarification and sharpen their understanding, promoting an environment of continuous learning.

Future vision

Looking to the future, the AltSignals writing team is imbued with a vision that transcends regular publishing, and continues to dedicate itself to discovering and reporting on the latest innovations and trends available in the market. We are constantly seeking to improve our skills and expand our knowledge, with the ultimate goal of being a reliable and respected source in digital financial journalism.

There is great commitment to discovering and reporting not only the latest news and trends in the market, but also to equipping our readers with the tools they need to navigate volatile markets with confidence. We firmly believe that, with the support of an appropriate platform coupled with accurate guidance, our readers and traders can turn market volatility into a competitive advantage.

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