Basic (Free But Email Sign Up Required)

– Access to charts.

– Ads approximately every 15 minutes.

– 1 chart per tab.

– 3 indicators per chart.

– 1 saved chart layout.

– 1 indicator template.

– Stock/Forex/Crypto Screener.

– Market Replay Function (limited to daily and weekly).

– Volume Profile Indicator.

– Strategy Tester.

 

Pro

– Access to charts.

– No advertisements.

– 2 charts per tab.

– 5 indicators per chart.

– 5 saved chart layouts.

– Unlimited indicator templates.

– Stock/Forex/Crypto Screener.

– Market Replay Function.

– Volume Profile Indicator.

– Strategy Tester.

 

Premium

– Access to charts.

– No advertisements.

– 8 charts per tab.

– 25 indicators per chart.

– Unlimited saved chart layouts.

– Unlimited indicator templates.

– Stock/Forex/Crypto Screener.

– Market Replay Function.

– Volume Profile Indicator.

– Strategy Tester.

 

For a more detailed comparison of the features associated with each account type, refer to the TradingView website.

 

Important Note: Unsure if TradingView is right for you? Take advantage of the free trial… TradingView offers a 1-month free trial for all users to explore the platform and experience its features. This trial includes access to all Pro and Pro+ features, along with the paid tools mentioned later.

 

Understanding The Chart Window

Upon first opening TradingView, whether you have a paid account or not, you’ll land on the chart window. This is the highlight of TradingView.

 

The chart window displays the price of a currency, stock, or commodity in graph form and includes all the tools, indicators, and options necessary for your analysis. It’s safe to say this will be the primary area where you spend most of your time.

 

 

For those who are new to this, the screen may appear cluttered with various options and tools. I felt the same way when I first started, and many of you might be thinking the same now.

 

However, there’s no need to be concerned. Although it may seem complex initially, the chart window is actually more straightforward once you understand a few basics. This window features four tabs, each indicated by an arrow.

 

These tabs provide all the necessary options for chart viewing and analysis. You can add indicators, switch between different currency pairs or assets, draw lines and rectangles—useful for supply and demand strategies—and access information about currency prices and global news.

 

We will explore the features of each tab later, but for now, here’s a brief overview of their functions:

 

Top Menu (Red Arrow) 

The top menu offers fundamental options for modifying the chart, such as changing pairs, adjusting timeframes, and selecting various chart types. Start here to prepare your chart for analysis.

 

Chart Area (Not Marked) 

The central part of the chart where you can observe currency prices is known as the chart area. Any tools or indicators you add will appear here, and some indicators may open in a separate graph below the main chart. You can change chart settings by right-clicking and selecting “Settings.”

 

Left Side Menu (Red Arrow) 

Your preferred drawing tools, including rectangles, lines, and Fibonacci retracements, are located in the left side menu. There are numerous tools available, each with a drop-down list offering even more options. We’ll discuss these in greater detail later.

 

Right Side Menu (Red Arrow) 

The right menu is not frequently used, primarily featuring social options provided by Tradingview. However, the upper section includes some useful trading tools, like the calendar and alerts.

 

Bottom Menu (Red Arrow) 

For most specialized tools offered by Tradingview, navigate to the bottom menu. Here, you’ll find the strategy tester and editor, along with the stock screener and notes tab.

 

Important Note: Unlike other online charting platforms, you don’t need to manually save your analysis on Tradingview. Everything is automatically saved to the cloud, so when you log back in, your charts will appear just as you left them.

 

Setting Up The Chart Area 

Don’t let the many options on Tradingview overwhelm you. It may seem like a lot, but you’ll quickly become familiar with it. I will guide you through the process step-by-step shortly, so you’ll understand what each option does and how it works.

 

Before we proceed with that, let’s set up your charts for trading. We only need to adjust a couple of settings, so this will be quick.

 

First, change the chart type to candlestick. By default, Tradingview displays a line chart, which can be useful for quickly identifying support and resistance levels. However, for regular analysis, it lacks sufficient detail about price movements. Switching to a candlestick chart will provide a clearer picture of price action.

 

Change the Chart Type 

Modify the chart type by clicking on the small chart icon and choosing “Candlestick” from the list that drops down.

 

Adjust the Chart Settings 

Now that we’ve addressed that, it’s time to modify the chart settings. To accomplish this, access the chart menu. Right-click on an empty area within the chart and select “Settings” from the options that pop up.

 

 

 Chart Menu Options 

The chart menu offers various settings to modify the information displayed on the chart, such as colors, price lines, and tabs. There are many options available, but we only need to adjust a couple of them, so it won’t be overwhelming.

 

 Changing the Colour Scheme 

First, navigate to the Symbol tab and adjust the color scheme of the chart. You can stick with the default setting if you prefer, but I like to choose colors that stand out more, making it easier to track price movements.

 

 

 Recommended Setting

You don’t have to adjust this next setting, but I suggest enabling it because it simplifies identifying potential price reversal points.

 

 Importance of Round Numbers

As many of you know, I’m a BIG advocate for significant round number levels – prices that end in 500 and 0000. In my opinion, they provide some of the most robust support and resistance levels in the market, with many major reversals occurring after the price touches or approaches these levels.

 

 Simplifying the Process

Identifying these levels doesn’t take much time, but marking each one accurately can become tedious quickly.

 

However, by changing the Horizontal Grid Lines setting in the appearance tab to black – or any color you prefer – the chart will automatically highlight every significant round number level for you, eliminating the need for manual marking.

 

 

Everyone has their own preferences for chart layout. Customizing colors, lines, and axes makes your charts easier to read and understand . We’ll walk you through how to do this in Trading View . You can see all the options by right-clicking on the chart and clicking “Settings.”

From the “Settings” menu , you can reset your chart if it gets cluttered and also set it to send you price alert emails .

 

 

 

 

When you click on  “Settings” , you will be taken to the “Chart Settings” section where you will be able to play around with a number of options. Let’s take a quick look at these options .

 

1. The “Symbol” option allows you to change the way the candlestick chart is displayed. You can set each part of the candlestick pattern to exactly the color you want .

2. The “Status Line” option allows you to change the information you see in the top left, such as OHLS ( High and Low, Open and Close) as well as the Buy and Sell shortcut button. The red box shows you the lowest buy price and the blue box shows you the highest sell price. The difference between these prices is equal to the spread .

3. The “Scale” option provides the ability to make changes to the price followers on the right axis. For example, you can add the high and low of the day or set a countdown to the close of the candle .

 

 

 

4. The “Appearance” option allows you to change the background color and settings for grid lines, axis lines, and other appearance settings .

5. The “Trading” option allows you to change visual elements, provided you are logged in to your brokerage account .

6. The “Event” option allows you to see dividends, splits, and other events on the chart .

How to set the chart time frame

Along with the appearance settings of the Trading View chart, you can also choose the timeframe of your chart. To do this, go to the top bar and click on the button at the far left. Here you will be presented with a long list of different timeframes, ranging from seconds to months. You can also star your favorite timeframes so that they are available to you in the shortcut bar .

 

Once you start customizing your chart, you don't need to manually save it. TradingView saves all your edits live, so you can log out of your account and when you log back in, you'll see your changes still there .

Other TradingView features

In addition to all the features we mentioned in the previous sections, there are more advanced capabilities, including coding, connecting to brokers, and sharing analytics, which we will explain in this section .

Connecting to various brokers and exchanges and trading online

Unfortunately, it is not possible to connect to an exchange from within TradingView itself, but on some exchanges, such as Binance, AXE, Gemini, and others, the user can use the TradingView user interface .

 

   

In fact, it is not possible to trade outside the exchange in the TradingView

platform itself, but from within the exchange's trading platform, you can access TradingView charts and its tools .

Among the most popular brokers that can be connected to TradingView are :

• Activtrades
• Alpaca
• AMP
• Bitget
• Bitstamp
• Binance
• Capitalcom
• Dorman Trading
• EasyMarkets
• FOREXcom
• FXCM
• Gemini
• Global Prime
• Info Yatirim
• OKX
• Osmanli Investment
• Phillip Nova

To view all supported brokers, visit tradingview.com/brokers .

Sharing and publicizing analytics in Tradingview

TradingView offers Instagram-like features for sharing and showcasing trading strategies. TradingView’s social media pages allow you to learn from traders’ advice or get feedback from others on the content you share .

This TradingView feature is great for growth and learning. At the same time, be careful because everyone can share on the TradingView social network. Everyone has a different level of knowledge and each trader shares their own style and opinions, so don't seek financial advice .

Just like you can watch online streams of gamers, the Trading View stream allows you to see live how other traders are looking at their charts. This feature is in beta and there isn't a lot of content in this section yet .

Therefore, there are currently two modes of sharing for specific individuals and publishing the analysis publicly, which we will explain below .

Share the chart with the right people

To share charts in “View-only” mode , you need to use the chart itself. To do this, first on the charting page, from the top toolbar, click on the arrow icon to the right of the chart, next to “Unnamed” and turn on the “Sharing” option to create a link for you. Now click on “Copy Link” below it to copy it .

 

Now you can send this link to others and give them the ability to view the analysis applied to it. Anyone with this link will be able to view the chart you drew. People will also be able to save and copy the chart .

Publicly disseminating ideas and analysis

In addition to sharing using a link, you can also publish your ideas and analyses publicly on the TradingView website to be displayed as a post for all users .

To do this, on the charting page, this time from the toolbar at the top of the page, click on the “Publish” option in the right corner and click on one of the “Publish idea” options to publish the chart as a picture, or “Record video idea” to record a video. The “Speak your mind” option is also used to enter comments and opinions about the relevant currency pair ( for example, BTC/USDT) .

 

 

Now, if you select the “Publish idea” option , the following page will open for you, where you must fill in the appropriate information :

• Title : A good title that can attract audiences to the website. Tradingview Be .
• Description : The description should also be attractive and understandable, and should not only state your idea of the future movement of the asset, but also, preferably, why. For example, a  Fundamental analysis And fundamentals can be your starting point. Note that the descriptions and titles must be in English, so you need adequate language knowledge to publish ideas and not have them deleted or changed by TradingView itself .
• Analysis/Tutorial : These two options are used to specify the type of idea being published . Analysis is used to publish analyses regarding market conditions and buy/sell signals for the asset in question. If your purpose in publishing the chart is “educational”, you should select the “Tutorial” option .
• Investment Strategy : If you publish “ Analysis” , you must also specify your opinion on the price movement, i.e. “Long” or “Neutral” or “Short” .
• Category : In this section, you can select up to 3 categories that are most relevant to your analysis .
• Share Twitter : You can also publish your analysis on Twitter .
• Tags : You can also use tags to make your analysis or training more visible .

After publishing an idea, you have up to 15 minutes to edit the title and

description to correct spelling mistakes or make minor changes. You can also delete the post during this time. After the 15 minutes are up, the only parts of the post that can be edited are the links to the ideas and their associated tags .

TradingView site coding features

Website Tradingview It has developed its own programming language called Pine Script, which allows users to create customized indicators and run them on servers. Pine is a lightweight language specifically designed for developing indicators and strategies, and most of the internal indicators on this website are also coded in this language .

Additionally, Pine is cloud-based, so it has a different nature in terms of a client-side programming language. While TradingView has said it doesn’t plan to turn Pine into a full-fledged language with advanced coding capabilities for building complex tools, its constant improvement is a top priority for the team .

Since every script written by Pine uses cloud computing resources, the website is forced to impose limits on sharing these resources only among its users. These limits include elements such as the amount of data generated by additional symbols, execution time, memory consumption, and script size .

As you've probably seen by now, there's a special editor under the "Pine Editor" option in the toolbar below the charts that's designed specifically for writing and editing code .

To work with this editor, after clicking on “Pine Editor” , you need to click on “Untitled Script” and choose a name for your script. Of course, it is possible to change this name, so do not worry about this part. After that, the following editor will be displayed where you can start writing code. Once finished, the indicator can be added to the chart, saved and edited, as well as published to the public .

One way to learn to work with this language is through TradingView's "Built-in" indicators , which are written in Pine. The codes for these indicators are open source and accessible to everyone. So, just choose the indicator you like and check the changes by manipulating the codes .

Additionally, by visiting tradingview.com/scripts/coding , you can view scripts from other users of this website and use them as examples .

For example, one of the users of this website named “ HassanRifat ” has an indicator specifically for detecting a range market. Bitcoin has an open-source design, so you can use it to design a similar indicator for other cryptocurrencies..

Decoding Market Emotions

The Fear & Greed Index is a tool that evaluates market sentiment by analyzing various factors, including market momentum, stock price strength, stock price breadth, put and call options, junk bond demand, market volatility, and demand for safe havens. It categorizes market emotions into two main sentiments: Fear and Greed.

 

Fear indicates a situation where investors are apprehensive, which may lead to market sell-offs or stagnation. In such scenarios, the Index can help identify undervalued assets as potential buying opportunities.

 

Greed reflects a phase where investors exhibit overconfidence and engage in aggressive buying, potentially inflating asset prices. In these situations, the Index may signal overbought conditions, suggesting caution or short-selling opportunities.

The Index consists of seven indicators measuring different aspects of stock market activity. It evaluates how each indicator deviates from its average, resulting in a score between 0 and 100, where 100 signifies extreme Greed and 0 indicates extreme Fear.

 

– S&P 500's Momentum: This tracks the S&P 500's position relative to its 125-day moving average. Positive momentum indicates investor confidence (Greed), while negative momentum suggests increased Fear.

– Stock Price Strength: This compares the number of stocks reaching 52-week highs against those hitting lows, with a high number of highs indicating Greed and a high number of lows indicating Fear.

– Stock Price Breadth: The McClellan Volume Summation Index assesses market participation in trends based on the volume of advancing versus declining stocks   

– Put and Call Options: The put/call ratio indicates investor sentiment; a rising ratio suggests Fear, while a falling ratio suggests increasing confidence.

– Market Volatility (VIX): The VIX measures expected market volatility, with higher values generally indicating Fear and lower values suggesting Greed. The Index compares the VIX to its 50-day moving average to track its trend.

– Safe Haven Demand: This metric looks at stock versus bond performance over a 20-day period to gauge where investors are placing their money.

– Junk Bond Demand: By comparing yields on junk bonds to safer investment-grade bonds, the Index evaluates risk appetite.

The Fear & Greed Index integrates these components to generate a single value reflecting market sentiment.

 

The Index is a resource for investors to assess prevailing market emotions, which can often lead to impulsive decisions. By recognizing these emotional influences and combining the Index with fundamental analysis, investors can better understand market trends. The Index operates on the premise that excessive fear may lead to undervalued stocks, while unchecked Greed can inflate prices beyond their true worth.

To benefit from the capabilities TradingView , you must first create a user account on this platform. To do this, go to the TradingView home page at tradingview.com. and click on the blue option in the upper right corner of the screen (Get Started) .

 

If you want to purchase an account, choose one of the Pro+ , Pro , or Premium plans . Otherwise, scroll down to the bottom of the page and select “Try free basic .” At the bottom of this page, you can also compare different plans in terms of features .

Next, choose one of the options to log in via Google, Facebook, Twitter, Yahoo, Apple, or LinkedIn email. At this point, the free account creation process in TradingView will drop down and you can log in to the platform's website .

How to download and install TradingView on mobile and desktop

As we mentioned, TradingView is completely browser-based and does not require a client download. In addition, you can also download the mobile or desktop application of this platform and have more convenient access to its features. To do this, from the official page of this website at tradingview.com/desktop , scroll down the page and download the option you want .

TradingView offers two versions of the mobile app, one for Android and one for iOS. Here are the links to both .

• Download TradingView for Android from Google Play Store
• Download TradingView for iOS from the App Store

Users can install TradingView on iOS by following the link above to enter the App Store and then search for the word “ TradingView . ” Once the software is found, click Get to download it .

 

 

After downloading, click  Open to open the app. After the app is opened for the first time, if you do not want to receive notifications, click Don't Allow , and if you do want to receive notifications, click Allow . In the next step, click Log in to log in to your account .

TradingView Paid Account Features

TradingView offers many features for free, so a beginner in chart analysis doesn't really need to purchase a paid subscription. However, as a trader grows and their needs increase, purchasing one of the TradingView subscriptions is a great investment .

Backtesting on the sub-daily timeframes is not possible in the free version and one must purchase a subscription to benefit from this feature. Backtesting a trading strategy is a practice that a trader will need to develop their skills after learning the basic concepts .

Another feature that is available to traders in paid plans is access to more indicators. A large number of indicators are available to users for free, but a number of valuable indicators are only available to users who have purchased a paid subscription. The ability to divide the screen into 4, 6 or 8 sections so that we can monitor multiple markets simultaneously is also included in paid plans .

How much does a TradingView subscription (Pro and Premium) cost?

As mentioned, TradingView is free for everyone to use. In addition, paid TradingView subscriptions allow you to use more indicators and increase the number of charts you can view at once .

 

 

To get started and learn how to work with TradingView, a free account that displays one chart and three indicators at a time may be enough. Also, in the free subscription, you have to put up with ads. Although they are not very annoying . In the image above, you can see the details of the differences between the packages .

How to buy Pro and Premium Trading View accounts

TradingView paid accounts can be purchased on a monthly or annual basis. If you purchase annually, you will receive up to 16% off, equivalent to two months of free account. In addition, by using a referral code and inviting friends, you will receive $30 to upgrade your account .

There are 3 ways to purchase TradingView paid accounts :

• Direct purchase : Pro account purchase processes in TradingView Processed by PayPal and all credit cards and PayPal accounts are available .
• Buy with Crypto : You can also buy with cryptocurrencies including Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and Dogecoin, which are only available for annual accounts, and transactions are processed through the Coinbase exchange. You don't need an account on this exchange to buy with this method, you just need a cryptocurrency wallet. You are .
• Purchase through intermediary websites : If neither of the two methods of purchasing with a credit card or crypto is possible for you, the last resort is to use intermediary websites. These websites, such as Iranicard, facilitate the purchase of foreign accounts for Iranian users, and you can find other options by searching the Internet. Of course, before depositing money into the relevant account, be sure to do thorough research and make sure that it is not a scam .

How to get a free premium subscription TradingView

In addition to all these methods, you can also get a Pro subscription by signing up with a broker or website that works with TradingView. For example, by signing up with a broker Fyers You will be provided with a free TradingView Pro account. The Fires trading panel is almost a copy-paste of the TradingView interface, with all of its premium features .

If you are active in the Forex markets, FXCM also offers a premium TradingView account to its users. By registering with this broker, you will be given a free 1-year subscription to TradingView. Upstox is another broker that offers a free premium account upon registration. TradingView You will receive .

Of course, in the rest of this article, we will further introduce brokers that have the ability to connect to the TradingView website .

Tutorial on creating a TradingView demo account

The demo account, also known as Paper Trading , is another great feature of TradingView for testing trading strategies without using real money, and does not require any kind of broker or cryptocurrency exchange account .

To do this, after registering and creating a user account, from the menu at the top of the home page, hover your mouse over “Products” and then select “+Chart” .

 

 

 

 

 

 

 

 

 

Bitcoin price chart automaticallyHYPERLINK "https://bit24.cash/coins/btc/" It will open for you in Tether, and to change it, simply click on the currency pair symbol in the upper left corner of the page and search for your desired cryptocurrency in the window that opens .

 

 

 

 

“Trading Panel” option from the bottom toolbar to open the following menu. Then, hover your mouse over the “Paper Trading” option and click on “Connect . ”

 

After that, your $100,000 TradingView demo account will be activated, allowing you to trade

 and simulate your trading strategies .

Learning to trade and open positions in a demo account TradingView

To open a position, from the top left corner of the screen, you need to click on one of the prices shown in blue or red. Red indicates the selling price and blue indicates the current buying price of the trading pair. So by clicking on the selling price you can open a short position. And open a long position by clicking on the buy price .

 

 

 

Now, by clicking on each one, for example, the purchase price, a window will open on the right side of the screen where you can enter transaction details such as quantity, market order type, limit, stop, as well as stop loss and take profit options .

you can also change the order type to sell by selecting the “Sell” option at the top of this window. Finally, by clicking on “Sell” or “Buy” , your order is registered and you can see how it is affected by price changes in the market .

If you are not familiar with the types of orders and how to trade cryptocurrencies, you can learn about spot trading on the Binance exchange . Get help from us. In this article, all the details related to the types of market orders, limits, stops and others are taught .

Learning indicators and drawing tools in TradingView

If you need a tutorial and have never used TradingView's charting tools before, the appearance of the chart section can be a bit confusing . Let's break down TradingView for the sake of the tutorial .

Toolbar

• Toolbar 1 : This bar contains all the charting tools and drawing tools that are used directly on the chart. From the simple line tool to the buy/sell trade. If you right-click on any tool, you will see additional options. Some tools are more advanced than others, but the preset tools are enough to get you started and learn TradingView .
• Toolbar 2 : In this bar you will find options to change the appearance of the chart. You can choose from candlestick chart options , line chart, area chart, etc. There is also a search bar on the left that you can use to change the displayed asset. Another tool that is worth noting is the Indicators and Strategies button, which allows you to insert ready-made analytical patterns such as moving averages into the chart .
• Toolbar 3 : TradingView does not offer brokerage services, but you can trade from within the website and from the “trading panel” tab. In this section, you can trade from among TradingView’s partner brokers, if you have an account with them. Another useful option is to take a backtest. You can take a backtest of your strategy with the “Strategy Tester” option .
• Toolbar 4 : This bar is mostly about news and elements related to TradingView’s social network. Here you can customize your TradingView watchlist, send private messages to other users, search for ideas, tutorials, and streams, and access your personal calendar. If you need to find data, lists, or information, this bar is the place to look .
• Chart area : When you change the asset you are tracking, use a tool, or place an indicator, the changes will be reflected in the chart area. You can also customize everything you see. We will explain this in the next section .

Drawing a trend line

Learning to draw a trend line It is very simple in TradingView and is a great way for beginners to analyze the price behavior of a cryptocurrency. This tool is one of the most widely used chart analysis tools for both daily and long-term trading .

1. First select the Line tool from the left toolbar .

 

 

 

 

 

 

 

2. If you enable the magnet option, your trend line will snap to the high, low, open, and close prices of the candles, which helps to improve accuracy .

3. To draw a trendline for a downtrend, start at the high (point 1) from which the price fell. Connect the highs. Click again where you want the line to end .

Points 1, 2 and 3 are resistance points. It is always better if our trendline has tested at least 3 points, because two points can be random. At point 4 we see a trendline break, which means we need to draw a new trendline .

When you are facing an established downtrend, a good strategy is to sell by touching the trendline. If you want to draw a trendline for an uptrend, make sure your line starts from a low and the trendline is below the candlesticks .

Fork drawing tutorial

The fork is a more advanced tool and technique used to identify trends. This technique was created by Alan Andrew, a famous investor and educator of the 20th century. The tutorial on how to draw a fork in TradingView is very simple and reveals more details than a simple trend line, so let's start with a step-by-step tutorial on how to draw an Andrew fork .

1. To start, select the fork tool, which is below the trendline tool .

2. To draw Andrew's fork, we need three points at the beginning and end of the trend .

3. In the example below, you can see that we started at point 1, which is the bottom of a downtrend. Then we click on point 2, which is the top of an uptrend, and then we click on point 3, which is the bottom of the next downtrend .

4. These points form a fork shape, with the upper line extending from point 2 representing the resistance area and the lower line extending from point 3 representing the support area. The middle line is the area where the price is expected to gravitate towards .

5. As with the trendline example, the support area is where we can consider buying and the resistance area is where we can consider selling. We can also place a stop-loss order below the trendline to manage risk. Note that the fork, like other indicators, does not always work as expected. Consider combining the fork with other tools and strategies to reduce risk .