Trading View: What is it and why do we recommend it in 2022?



TradingView is a powerful stock analyzer, charting platform, and research powerhouse that offers a wide range of tools that investors can use to learn more about the markets.

Some of the most impressive features of TradingView include its fully functional mobile app, a wide range of selection criteria, the addition of custom scripts, and much more.

In addition to drawing and research tools, TradingView also offers a wide range of educational tools.

Check the news channels associated with each asset, read articles, check real-time market data and even watch live feeds with professional traders to improve your skills.

Paper trading accounts are also available to help you master TradingView's wide selection of tools.

Although the content on TradingView can be overwhelming for new traders and investors, the platform remains one of the most impressive research centers on the internet.

Advantages

  • Impressive selection of search tools
  • Full inventory review
  • Free accounts available
  • Wide selection of engaging educational resources

Disadvantages

  • Customer support options are not complete
  • Top-notch plans on some investors' budgets
  • Some areas of the site poorly organized

Why TradingView over other platforms?

If you've searched for stock charts online, you've probably seen a chart from TradingView. With TradingView's quality plans, free services, and real-time data, you can make smart investments that will increase your net worth and help you build wealth.

TradingView offers a number of unique features that make it an ideal choice for investors and traders of all skill levels. Some of our favorite reasons to use TradingView include:

Incredible research and education tools – From a comprehensive stock viewer to cryptocurrency news feeds, TradingView has something for everyone.

Free Accounts – Want to start building your business on a budget? TradingView free accounts allow you to access a limited version of your paid account.

Simple Mobile Charts – TradingView's mobile platform is also impressive and well designed, mimicking all the functionality of the desktop platform. With TradingView's live charts, it's easy to follow trends, view stock history and/or swing trades.

Analytics: Analysis tools help you learn technical analysis and make better decisions.

Is TradingView safe?

TradingView serves over 10 million traders and investors. Its great social media features allow you to connect and learn from users around the world. It also means that you should exercise the same caution and judgment that you do with any other online social platform.

Remember, though, that this is one of those stock chart sites that you can use to read charts and continue without registering.

You cannot claim the best stock charts in the industry if you allow your information to be compromised. The best thing you can do is use only known Wi-Fi networks, make sure the address bar is prefixed with https, and never share your personal information with anyone else.

Take whatever steps you deem appropriate to protect your personal and financial information. Like any website, scammers may be present and looking for you. Be attentive and be smart in your communication.

Quick overview of the platform

  • Free price up to $59.95 per month, depending on plan choice and desired features
  • Chart Options 50+ smart chart tools available on all accounts
  • Expanded search offerings available for all supported assets
  • Educational tools Live broadcasts, business articles, statistics and much more
  • Free mobile app for all platforms; mimics the functionality of the online platform

TradingView Usability

If you are the type of trader who can't get enough data, TradingView is your dream come true. With a wide range of indicators, tools, trading information and much more, TradingView can teach even the most experienced investors something new.

TradingView stands out for offering the best charting software, including:

Comprehensive screening tools. Finding your next investment opportunity is easy when you use TradingView's comprehensive stock controls. Sort stocks using a series of filters including market capitalization, price, exchange, volume, sector, and even expert rating.

Dozens of additional selection criteria are available and TradingView offers individual filters for the forex and cryptocurrency markets.

With a wide range of selection criteria and filters, exploring the stock, forex, and crypto markets is easier than ever when you're using TradingView.

Personalized analysis. If you are a more advanced trader and have some programming experience, you can use TradingView's scripting feature to further customize your platform, further enhancing your chart and technical analysis.

TradingView offers its proprietary programming language called "pin script" that you can use to create your own indicators and alert systems. You can also browse TradingView's extensive script library, where you can view and download scripts that other users have created.

Most of the available scripts are completely open source, which allows you to use them freely and modify the programming according to your needs. There are over 100,000 custom scripts in the TradingView Script Library, which you can sort into categories such as volume indicators, moving averages, oscillators, and much more.

A wide selection of drawing tools. No matter what TradingView plan you have, you'll be able to create charts with over 50 smart drawing tools.

From writing text notes directly on the chart of your choice, to geometric shapes or automated diagrams, TradingView's stock charting tools allow you to use a wide range of selection criteria.

TradingView is a comprehensive research platform, offering a very wide selection of news sources, insights and features that traders and investors can use to explore the markets.

Although new investors may find the sheer number of TradingView tools overwhelming, more experienced investors who can use these tools effectively are unlikely to find themselves in a situation where TradingView doesn't have what they need.

Education

TradingView has put as much care and effort into its educational tools and resources as it has into creating a wide range of features. Some of our favorite educational resources offered by TradingView include:

Paper trade. Want to practice your trading strategy, but don't know where to start? Consider starting with a TradingView paper trading account.

Paper trading accounts provide you with $100,000 pre-funded fake trading accounts. You can then practice executing trades and buying and selling securities in a manner almost identical to real trading.

This allows you to test out TradingView's tools and hone your analytical skills without putting your own money at risk. You can reset your paper business account at any time if you need to start over.

Live broadcast. Do you prefer to learn by watching the professionals? One of the newest features of TradingView is its live streaming feature, which allows you to watch and learn alongside trading streamers.

 TradingView's technical analysis tool uses some of the most well-studied technical indicators (such as moving averages, oscillators, and pivots) to automatically predict where the asset's price will move over time.

If the indicators show that the price of the asset is likely to go up, you will see a “buy” or “strong buy” on the scale. If the indicators show that the asset price is more likely to fall, you will see a “sell” or “strong sell” signal.

Switch between time frames of up to 1 minute and up to 1 month to customize the technical analysis tool. It can be an ideal partner for scalpers and short-term day traders who execute a large number of trades throughout the day and need up-to-date information.

Automatic Technical Analysis

Learn more about an asset and how its price can be moved with a single click using TradingView's automated technical analysis tool.

This is just a small sampling of some of our favorite research and education offerings currently supported by TradingView.

With a wide selection of additional tools, from user-created business idea articles to an engaged and responsive community, you're likely to find a resource that matches your unique learning style and preferences.

Educational features are available on all TradingView plans and you do not need to log in to your account to access most features.

This system allows new traders and investors to start learning more about investment strategies with exceptional ease before committing to opening a TradingView account.

TradingView Customer Support

TradingView's customer support leaves something to be desired. Currently, the only method you can use to contact the TradingView support team is through the platform's messaging system.

To access chat support, click on the “Support” icon on the left side of your home page. Chat support is available 24 hours a day to help you with any issues you encounter.

The platform also hosts an extensive FAQ section that can help you find answers to some of the most frequently asked questions.

In the future, we would like to see TradingView integrate a support phone number, especially for paying users who do not feel comfortable sharing their account details via text support.

However, the platform offers free trading charts that may not require support in many cases.

TradingView Plans and Pricing

TradingView currently offers a free plan and 3 paid plan levels. Here's what you can expect from each plan option:

Essential. TradingView's Free Basic Plan gives you access to most of TradingView's tools with limited functionality. For example, you can only display one chart at a time, and you can only set one alert.

Starting with a free account can give you a better understanding of TradingView tools and whether they are right for you.

Pro. Professional accounts offer a wider range of tools, the ability to set up to 10 server-side alerts, and an ad-free desktop experience. Pro accounts currently cost $14.95 per month.

Pro+. Pro+ accounts include all the features you'd find in a Pro account, plus additional features like the ability to set indicators and access chart data export functionality. Pro+ accounts cost $29.95 per month.

The best. Premium plans allow access to all TradingView features and tools.

Premium plans include all the tools found in the Pro+ account package, plus the ability to set up to 400 alerts, second intervals, non-expiring alerts, and much more.

TradingView Mobile App

TradingView offers a full mobile app that mirrors desktop functionality. Here are some of our favorite mobile features:

Push alerts. Using the TradingView mobile app, you can set alerts that notify you when an asset meets predefined criteria or falls outside of a predefined range. You can receive alerts via push notification or desktop alert.

Market prices in real time. If you're a frequent trader, you understand how important up-to-date information is to you. TradingView's real-time market data allows you to manage your investments without being tied to your desktop.

Custom scanners. You can create a TradingView scanner that suits your needs, allows you to monitor trends and make sure you get the best results.

The account is in sync. Effortlessly switch from your mobile device to your desktop platform without losing your progress with TradingView automatically syncing between accounts.

The TradingView mobile app is available as a free download for Android and iOS devices. A web application is also available for Windows users.

TradingView Conclusion

Comprehensive, packed with unique tools, and packed with information, TradingView is an investor's best friend. For many it is the best stock chart site.

Although TradingView can be a bit overwhelming for new traders and those intimidated by its variety of tools, superior educational resources and paper trading accounts can help you get started with a little practice.

TradingView is not a perfect asset search and comparison tool. Some sections of the web platform are confusing or poorly organized. For example, their Ideas section is packed with information, which can make it hard to find exactly what you're looking for.

We would also like to see TradingView introduce phone support for all levels of users.

However, these minor revisions don't take away from the fact that TradingView is one of the most comprehensive research providers we've seen, allowing you to do practical technical analysis and pull stock information as needed. .

We recommend starting with a TradingView Basic account, which allows you to try their tools for free. If you like what you're experiencing, you can upgrade your account at any time.

Frequent questions

How much does TradingView cost?

TradingView offers a free platform with its basic plan. It has tiered pricing plans from $14.95 to $59.95.

Does TradingView offer information before and after trading hours?

TradingView allows you to view long session highs and lows in pre- and post-hour sessions.

Is TradingView Pro worth it?

Some people wonder: “Is TradingView free?” Yes, but the Pro version of the site allows for the level of customization that advanced merchants need.

Is TradingView good for day trading?

Trading is an advanced tool that works great for active traders, especially those who do day trading.

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