Trading View Tutorial
Introduction
TradingView is a widely-utilized platform for traders and investors to analyze and visualize financial markets. It offers a range of tools and resources for technical analysis, charting, and social networking among traders. Here’s a comprehensive guide on how to use TradingView based on the given outline:
Overview of the TradingView Interface
The TradingView interface is user-friendly and customizable. It provides a real-time view of market prices, charts, and an array of technical analysis tools. The top panel offers access to various timeframes, chart types, and drawing tools, while the right panel displays the watchlist, alerts, and trading history.
Creating a TradingView Account & Choosing a Plan
To use TradingView, you need to create an account. There’s a basic free plan, but more advanced features are available through paid subscriptions. Paid plans offer additional indicators, priority support, and an ad-free experience.
Changing Your Colour Scheme & Chart Appearance in TradingView
You can personalize your chart by modifying the color scheme and appearance settings. This includes changing the background color, grid lines, and the colors of candlesticks or line charts to suit your preferences.
Creating a Watchlist in Trading View & Using Flags
TradingView allows you to create a watchlist of your favorite stocks, currencies, or indices. You can use flags to mark important instruments for quick identification and monitoring.
Scales & Log Charts In Trading View
Users can switch between linear and logarithmic scales, the latter being useful for viewing percentage changes over a long period.
Changing Time Zones in TradingView
You can adjust the time zone settings to match your local time for synchronization with market hours.
TradingView Apps
TradingView offers mobile apps for iOS and Android, enabling chart analysis on-the-go.
Top Menu Items in TradingView
The top menu includes quick access to chart types, time frames, indicators, and drawing tools.
Different Cursor Types in Trading View
Various cursor types are available for different tasks, such as crosshairs for pinpoint precision and arrows for navigation.
Multiple Screens & Changing Screens In TradingView
With TradingView, you can set up multiple screens and switch between them, allowing you to monitor various markets simultaneously.
Changing Symbols In TradingView
Switching between trading symbols is straightforward, with a search function for quickly finding the market you’re interested in.
Symbol Comparison in Trading View
You can compare different symbols on the same chart to analyze relative performance.
Changing Time Frame on TradingView
Time frames range from 1-minute to monthly charts, accommodating different trading styles from day trading to long-term investing.
Changing Chart Type (Candles) in Trading View
Choose from various chart types such as candles, bars, line, and more for different perspectives on price action.
Adding Indicators & Changing Indicator Settings in TradingView
TradingView provides a wide range of technical indicators. You can add these to your chart and customize their settings.
Creating Templates in TradingView
Save your chart setups as templates for quick access to your preferred configurations.
Charting Tools in Trading View
A comprehensive suite of charting tools is available, including trend lines, channels, and Fibonacci retracements.
Drawing Trend Lines in TradingView
Trend lines can be drawn to identify and analyze trends in price action.
Symbols and Basic Drawing Tools on TradingView
Use a variety of symbols and basic drawing tools to annotate and highlight key areas on the chart.
Gann & Fib Tools in TradingView
Incorporate Gann and Fibonacci tools for advanced technical analysis and price prediction.
Drawing Geometric Shapes in TradingView
Geometric shapes can be used for pattern identification and to mark important chart zones.
Annotation Tools in Trading View
Add text annotations to your charts to note your analysis or trading ideas.
Using The Patterns Tools in TradingView
Pattern tools help identify common chart patterns automatically.
Adding The Position Tool To Your Chart in TradingView
The position tool allows you to visualize potential trade setups directly on the chart.
Using The Measuring Tool to Measure Pips / Points in TradingView
Measure price changes in pips or points with the measuring tool.
Undo / Redo Tool in TradingView
Easily undo or redo actions to refine your chart analysis.
Create A Favourite Drawing Tools Menu in TradingView
Customize a menu of your most-used drawing tools for quick access.
Zoom in / Zoom Out on Trading View
Efficiently zoom in or out on charts to adjust the level of detail.
How to Hide Objects / Indicators in TradingView
You can declutter your chart by hiding objects or indicators temporarily.
How To Remove Indicators / Objects on TradingView
Permanently remove unwanted indicators or objects from your chart.
