What Is TradingView?
TradingView is a popular charting and market-analysis platform.
It provides traders with tools for:
- Charts
- Timeframes
- Indicators
- Drawing tools
- Alerts
- Market analysis
Basic Things to Learn
A beginner should know how to:
- Search for an instrument.
- Open a chart.
- Change timeframe.
- Add/remove indicators.
- Draw horizontal lines.
- Mark highs and lows.
- Add trendlines.
- Save chart layouts.
Don’t Overcomplicate Your Chart
A beginner might add:
- RSI
- MACD
- Moving averages
- Bollinger Bands
- Stochastic
- Fibonacci
- Five other indicators
Soon the chart becomes impossible to read.
More tools don’t necessarily mean better analysis.
Learn to understand price first.
Disclaimer
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
