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TradingView - tools for analysis, market and data visualizations

The functionality of the TradingView platform is so rich in auxiliary tools that it has long been an important assistant for traders who prefer technical market analysis. Some auxiliary tools have been developed to help traders in analyzing the market situation. One of them is TradingView technical analysis platform. This tool is suitable for beginners as well as for experienced traders. The easy-to-understand platform with a huge selection of settings allows you to work with charts conveniently. Currently, traders all over the world have appreciated the multifunctional capabilities of the service, as well as recognized it as the best analytical platform. This is also indicated by the number of users, which according to current data, already amount to more than 8 million people per month. The service is available in 18 languages.

Main function of the platform

The primary function of TradingView is analyzing price charts of various financial assets. But it also provides a large selection of tools for technical analysis.The secondary function is analogous to a social network. Users can share experience, information, and even demonstrate their analysis of assets in real time.There is a free version, as well as a paid version.In the free version of the platform, almost all functions are available, but with limitations.

For example, only one extended watch list and one indicator calculation on another indicator are available, using no more than three indicators per chart, saving one chart, using one template for indicators. But they are also useful auxiliary tools for a trader. In the basic version there is quite a large number of useful features.

Platform Features

Here are just some of the TradingView platform features:

multifunctional technical analysis;
creation of first-class charts using a variety of auxiliary tools;
the ability to choose any time interval for analysis, down to a second (limited to a month);
use any type of chart, even creating your own;
creation of various trading strategies using a huge selection of indicators;
functions for analyzing arbitrage trading and pair trading;
control of profit and risk ratio;
macroeconomic statistics;
various calendars, e.g. report calendar and economic calendar;
several dozens of built-in indicators (both traditional and those created by other users);
customization of alerts, for example, when price changes or if a strategy or indicator is triggered;
possibility of market simulation;
strategy testing;
possibility of joining a broker's account;
constant updating of informative educational articles;
the ability to see other traders' forecasts and monitor their performance.