TradingView is a cloud-based charting and social-networking software for both beginner and advanced active investment traders. Basic charting, research, and analysis information are available with a free account.
TradingView is available on any desktop and on all iOS devices through the App Store.
- HTML5 Charts — Depending on your needs, you can create simple charts to track one or two stocks or create multiple dynamic charts that track different markets. You can even draw on your charts.
- Server-Side Alerts — Set up alerts that go to your desktop or phone to notify you when certain conditions go outside your specified criteria. There are 12 different alert conditions that can be applied to indicators or drawing tools.
- Stock Screener — Find stocks based on your specific criteria.
- Customized Analysis — For advanced users, TradingView offers a programming language called Pine script that allows you to create your own charts and indicators from scratch.
- Trading — You can practice trading stocks, cryptocurrencies or forex or create portfolios without using real money, with paper trading, so you can hone your skills. Then you can find out if your brokerage is partnered with TradingView.
- Broad Coverage — Depending on your plan, you can have access to more than 50 worldwide exchanges and extended trading hours.
- A Social Community of Active Traders — See what other active traders are doing, gather ideas and collaborate with others in similar markets.
- Extensive Knowledge Base — TradingView also has interactive drop-down and hover-over information pods throughout the website, in case you come across an item or concept that’s new. There’s also a wiki page that you can read to learn more about how the tools work.
What Is TradingView?
TradingView is online stock/crypto-picking software and screener for both beginners and experienced active traders. It incorporates extensive cloud-based charting tools for research and gives users the ability to share and collaborate with other active traders online.
TradingView was released in June 2012 as a social platform for active traders and featured its own scripting language that allows users to customize charts and indicators. It continues to be a popular choice among active traders and financial software companies because of its versatility.
Users can learn new concepts, research market fluctuations, possible chart outcomes, collaborate with other traders, chat, ask questions, and practice trades with the TradingView platform on any device.
How Does TradingView Work?
TradingView offers a wealth of market information right on the homepage before you even sign up for a free account. At the top is a ticker for the EUR/USD, BTC/USD and ETH/USD currency pairs, as well as the Dow, Nasdaq and S&P 500 markets.
You can search for any stock/currency or crypto-coin and filter by Ticker, Trading Ideas, Educational Ideas, Scripts, or People.
Below that, you’ll find the newest stories by top authors, up-to-date market summaries, the latest stock news, an economic calendar, and trending charts on the TradingView social media section. Read what other users (including high-profile traders) have to say, and share your trading ideas. The social media aspect of TradingView adds huge educational value.
When you sign up for a free account, you’ll have access to the TradingView community and basic charting features where you can create stock alerts and market indicators.
Whether you’re into active trading or just curious about what the market is doing from time to time, TradingView is an excellent tool to use for researching, charting and screening your favorite cryptocurrency or stocks . You get a ton of research tools for free right on the home page, and with a basic account, the avid beginner can practice charting and mock trading for free before placing trades at their favorite brokerage.
With all the free tools available on TradingView, I think this software is worth the try.