TradingView is an in-browser platform for charting and monitoring cryptocurrencies as well as other financial assets. Its charting tools are also available for use directly in the Binance trading interface. In addition to charting, you can share your trading strategies and broadcast real-time analysis.
As for the free features, TradingView is a powerful tool for traders with any level of experience. The basic features should be enough for most of them. However, be careful when studying other users’ ideas and broadcasts. It’s important not to blindly follow someone else, but to find information that will add value to your own strategy.
Traders who prefer technical analysis need reliable charting tools. TradingView satisfies the needs of beginners and experienced participants alike. It offers many trading and charting tools, with some of the functionality of the platform available free of charge.
Why use the TradingView platform?
TradingView is a platform that allows you to set up 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 your browser and requires no 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: eight million accounts were created in 2020 alone. Users can chart and analyze various stocks, commodities and cryptocurrencies such as bitcoin with a free or premium account. You can share the strategies and patterns you create in the community. In this way, you have the opportunity to improve your skills based on the feedback of other TradingView users.
How much does it cost to use TradingView?
As we said before, TradingView is a free tool for everyone, but there are also premium subscriptions that increase the number of indicators and charts available for viewing at the same time. A free account with one chart and three indicators will do for beginners. You will also have to put up with ads, but they will not be too intrusive.
Is TradingView a social network?
TradingView provides similar features to Instagram for sharing opinions and demonstrating trading strategies. On the “Ideas” and “Broadcasts” pages you can receive tips or feedback. Specifically, on the Ideas page, you’ll see charts, videos, and comments from other users. Community members can also participate in discussions and chats. But remember, any user can create and share ideas, so be careful. Every trader has their own style and strategy, so don’t take their posts as financial advice.