Why does everyone use TradingView? (2024)

Why does everyone use TradingView?

TradingView is the best charting platform on the market. It's fast, powerful, reliable, and extremely easy to use. That's why it's used by more than 50 million traders worldwide.

Do professional traders use TradingView?

Professional traders visit forums like TradingView. They use these online spaces to talk about trading strategies, share ideas, and learn from others. On these platforms, traders of all levels, including experts, come together to chat and learn.

Is TradingView basic enough?

The free plan is enough when you're starting out, but paid is worth it for its perks. Essential features such as basic charting, price alerts and paper trading are all free. TradingView offers a wide variety of plans for investors of all levels of experience.

Is there something better than TradingView?

Other important factors to consider when researching alternatives to TradingView include features and price. We have compiled a list of solutions that reviewers voted as the best overall alternatives and competitors to TradingView, including eToro, MetaTrader 5, Binance Broker, and E*Trade Web Platform.

What are the disadvantages of TradingView?

You'll Need To Have 2 Platforms At All Times

TradingView by itself isn't a trading platform through which you can place trades. While it is true that TradingView associated with some brokers like Oanda and FXCM, in most cases you won't be able to enter your trades from the charting platform itself.

Is TradingView better than thinkorswim?

TradingView is better for crypto trading. It has specific tools for crypto like Renko charts, crypto screener, and charting for thousands of crypto pairs. Thinkorswim mainly focuses on stocks, options and futures.

Is MetaTrader better than TradingView?

MetaTrader also has a social component, but it is not as robust as TradingView's. In terms of order execution, both platforms offer fast and reliable trade execution. However, some traders may prefer MetaTrader's one-click trading feature, which allows them to quickly enter and exit trades with just a single click.

Is paying for TradingView worth it?

Unless you're a professional trader, we don't think that it's worthwhile to pay that much for TradingView. Pro Tip: TradingView lets you analyze stocks using charts, screeners, and market data, as well as take part in an investing community that shares trading tips and strategies.

How much should I pay for TradingView?

Free - Limited features but provides core charting and analysis tools. Pro - $14.95/month or $155.40/year. Upgrade for more indicators, alerts and customization. Pro+ - $29.95/month or $299.40/year.

What is the best indicator in TradingView?

Is TradingView data accurate?

What disappoints me in tradingview is that charts r not accurate compared to zerodha chart. You can simply check the open price and last price of an equity in trading view. I'm pretty sure it will be different from the pre-open data from NSE.

Who is TradingView's biggest competitor?

Is stock charts better than TradingView?

Final Verdict: Which Platform is Better for You? For most active traders and technical analysts, TradingView is the better overall platform with its robust charting capabilities, trading integrations, market coverage, data quality, alerts and mobile apps.

Can I trust TradingView?

TradingView is very popular and trustworthy. It is avaiable via your web browser, desktop app and mobile app. It offers a free product and a premium paid product. It provides a wide range of tools and assets for charting, has news, contributors, trade ideas, screeners and more.

What is risk in TradingView?

The risk to reward ration is exactly as the word says : The amount you risk for the amount you could potentially gain. NOTE that your risk is indefinite, but your gains are not guaranteed. The risk/reward ratio measures the difference between the entry point to a stop-loss and a sell or take-profit point.

What is the point of TradingView?

TradingView provides up-to-the-minute market data, ensuring traders can access the most current information, including price quotes, volume, and indicators. This real-time data empowers traders to respond promptly to market movements, maximizing their profit potential.

What are the 4 indicators of TradingView?

This indicator is similar to the Weis Wave Volume indicator in that it shows cumulative volume for each up and down price wave. However it is calculated differently, using the Jurik moving average to determine turning points.

Why do traders use TradingView?

TradingView is primarily used for financial market analysis, offering advanced charting tools, technical indicators, and social networking features to help traders and investors make informed decisions across various asset classes such as stocks, forex, commodities, and more.

Who is behind TradingView?

TradingView was founded in 2011 by Konstantin Ivanov (CTO), Denis Globa (CEO) and Stan Bokov (COO). TradingView is headquartered in New York and has its European market headquarters in London.

How many traders use TradingView?

We're TradingView, a charting platform and social network used by 60M+ traders and investors worldwide to spot opportunities across global markets.

Can I trade directly from TradingView?

On TradingView you can trade CFDs, forex, stocks and Crypto FX. Click on the relevant icon below to see full pricing information and trading conditions.

Why do people use MT4 instead of TradingView?

MetaTrader 4 is built for forex and has been a favorite of traders since its inception in 2005. The platform's analytical capabilities and automated trading systems provide fast and stable order execution. This speed and reliability has allowed MT4 to retain its relevance even among newer platforms like TradingView.

Should I use MT4 or TradingView?

Conclusion: Embracing the Right Trading Platform

MT4 is a reliable and user-friendly platform for beginners and experienced traders, while TradingView is a powerful tool for technical analysis and social trading enthusiasts.

How do I get TradingView Pro for free?

Email us. Email us at info@fxcmmarkets.com and claim your free TradingView Pro account, quoting FREETRADINGVIEWPRO in the subject line. Please make sure you also include your TradingView username and your FXCM account number in the email.

Is TradingView not free anymore?

How much does TradingView cost? TradingView has a free plan and 3 paid plans: Pro is $10.50/month, Pro+ is $17.95/month (my recommendation), and Premium is $30/month. *All prices above are when billed annually. You can try any of their paid plans for free for 30 days.