What is TradingView? 100 Built-in Indicators, Watchlist, and Screeners

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TradingView is an advanced trading platform for charting and market analysis, used daily by over 50 million users worldwide. 

The platform was launched in 2011 by Stan Bokov, Denis Globa, and Konstantin Ivanov.

What is TradingView

This platform provides users with access to various technical analysis indicators, drawing tools, and customizable charts.

Additionally, it provides real-time market data covering global markets, giving traders up-to-date information.

Key Features of TradingView

TradingView offers various features such as watchlists, market screeners, trading alerts, and more.

Advanced Charts

TradingView provides various chart types, including Candlestick, Heikin Ashi, Renko, Kagi, and more.

The platform allows access to multiple timeframes, different graphical themes, price action analysis, and pattern recognition.

TradingView Chart
Candlestick price charts on the TradingView platform

Technical Indicators

This platform provides over 100 built-in indicators. Popular indicators on TradingView:

  • Moving Average (MA)
  • Relative Strength Index (RSI)
  • MACD
  • Bollinger Bands

Traders can enhance their analysis by adding custom-built TradingView indicators to their chosen symbol chart.

TradingView indicators
Technical indicators such as RSI and Moving Average in TradingView

Drawing Tools

This trading platform offers an extensive set of drawing tools, such as:

  • Trend lines
  • Fibonacci Retracements
  • Support/Resistance Levels
TradingView drawing tools
Using TradingView drawing tools on a EUR/USD chart

Trading Alerts

Custom alerts can be set in the TradingView platform based on price levels, technical indicators, or specific events.

Alerts are sent via visual pop-ups, email, SMS, and mobile notifications.

TradingView price alerts
Creating a price alert on the TradingView site

Fundamental Analysis

This platform provides tools for fundamental analysis, such as valuation ratios, financial statement analysis, and historical company data.

TradingView date for fundamental analysis
Fundamental data page for Apple stock on the TradingView platform

Watchlist

The Watchlist is a real-time tool for tracking price movements and trading volumes. It also allows users to switch quickly between symbols displayed on the widget panel to the right of the chart.

TradingView Watchlist
Simultaneous price data monitoring via the TradingView Watchlist

Bar Replay Tool

The Bar Replay feature allows users to simulate past price movements to test strategies and evaluate trade setups under various conditions.

Bar Replay in TradingView
Bar Replay widget for testing strategies in TradingView

Market Screener

The Screener is a tool to search and sort assets based on user-preferred parameters.

TradingView Market Screener
TradingView platform Screener for filtered searches and detailed data

News Coverage

The News feature provides real-time, comprehensive financial news from globally recognized agencies.

TradingView News
News page on TradingView site

Pine Script

The platform allows users to create indicators, strategies, and alerts using the Pine Script programming language.

Check TradingFinder’s TradingView Scripts page for the most up-to-date indicators and trading strategies.

TradingView Pine Script
Pine Script editor page on TradingView site

Trading Ideas

In the Trading Ideas section, you can share strategies, tactics, and analyses with traders worldwide or draw inspiration from them.

Live Video Streaming

This trading platform supports live video streaming, enabling traders to share their market insights, analyses, and strategies with others interactively in real-time.

TradingView Chat

The chat feature allows real-time conversations with other traders on the platform.

TradingView Pros and Cons

While using TradingView has various advantages it has its disadvantages. TradingView benefits and drawbacks:

Pros

Cons

Extensive tools for technical and fundamental analysis

Limitations in the free version

Multiple markets and asset coverage

Limited customer support

Easy comparison of various instruments on a single chart

Not compatible with all brokers and exchanges

Conclusion

TradingView offers a wide range of customizable charts and analytical tools for traders, such as 100+ technical indicators, drawing tools, Bar Replay, and watchlist.

With tools such as trading alerts and extensive news coverage, TradingView helps users stay informed of the latest market changes.

However, limitations in the free version and lack of extensive broker support pose challenges for some traders.

FAQs

What is TradingView?

TradingView is a market analysis platform that provides charting, technical analysis tools, alerts, and market data reviews.

Is TradingView free?

Yes, TradingView offers a free version. However, paid versions provide better features, such as access to more indicators and detailed analyses.

How can I analyze in TradingView?

TradingView provides various tools for technical analysis. For market analysis, you can use built-in indicators, drawing tools, and multiple timeframes. It also allows the simultaneous comparison of various assets.

Can I set trading alerts in TradingView?

Yes, custom alerts can be set based on price levels, indicators, or specific events. Alerts are notified via pop-ups, email, and SMS.

Can I trade on TradingView?

Yes, TradingView enables direct trading through collaboration with reputable brokers.

How can I view trading ideas from others?

In the Trading Ideas section, explore strategies, analyses, and suggestions other users share.

Does TradingView support all brokers?

No, TradingView only supports some prominent and reputable brokers.

How can I use the "Bar Replay" tool?

The "Bar Replay" tool allows users to simulate past price movements to test trading strategies. Enable this feature in the chart settings.

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