STEEMITCRYPTOACADEMY SEASON3/ WEEK7/ HOME-WORK POST FOR YOUSAFHAROONKHAN

Defining the TradingView site and how to register an account in tradingview? what are the different registration plan?(screenshot necessary)

Defining trading view; trading view can be defined as a platform where traders invest, trade, and educate, in here different people share various ideas about the nature of the very volatile market, when you are here you have various chances of accelerating your idea of trading, for you to be the best you must associate yourself with the best by so doing you will receive the best mentorship and your ideas will be elaborate.

By making use of trading view you have a greather chances of boosting your knowledge of various market systems and methods, here you can chart by so doing you will acquire more skills that will boost your strategy and trading capability. There are various genuine insight and trust me it will help you maximize your profit courtesy trading.

HOW TO REGISTER ACCOUNT ON TRADING VIEW

Adding account on tradin view is very simple if you follow the right way, here I will explore and show it in clear terms, the first thing you need do is to visit your google and search for trading view.

• After you are done clicking on the search axis, run to the right hand side and click on the icon that looks like human head, another phase will pop up keep on exploiting.

• At this new phase click on **start new trail, then you will have the pro, and the pro+, that is planning every level of ambition. We keep moving forward here at this phase another phase will show up.

• At this phase you need click on try the basics, it will then take you to a phase where you will have to imput your email address and your password. So that your account can be created successfully in due time. We are still moving forward.

• At this phase you proceed by imputing your Email address , fill in your details, including your password.

• At some point your account won't be active until you verify it, then you rescend your activation link once again then you wait for some time until it will come up, once that happens, another phase will pop up again.

• This is practically the final stage, click the ok botton then officially your account is been created, you can keep exploring here or you can choose to go back to your *tradin viewApp

WHAT ARE THE DIFFERENT REGISTRATION PLANS

On trading view we have three (3) different registration plans and courtesy this home I will elaborate then all.

• Pro

• Pro + and

• Premium.

Pro plan; this plan is basically for new comments in the trading system, people who are just coming into the system newly, this plan is specifically designated for then, people who wants to specialize on technical analysis Explore this particular one but one one acassion there are always one form of distraction or the other, regarding the nature of the chart. Some vital tools will be restricted thereby some new traders can't get access to it.

pro+ plan; this plan is for the intermediate people who have little idea on trading, it's basically higher than the pro plan, since traders here have an overview regarding charts and technical analysis they don't have any form of distractions, they just go on with their trades. In this case some things are not all that limited at least they have total access to alerts. But they can still be limited up to some axis.

Premium plan; only the name will tell you something, this plan is the greatest of then all, it is the highest plan that exist on the trading view platform, people who have been long on the platform makes total use of then, professioners and experts, it should interest you that not everyone who trades can be able to afford this par plan it's very splendid and simple.

One thing I like about it is that traders have the accessibility to access different tools that exists here no limitations at all. Alerts can be set to know when price goes either way. Bullish or bearish, inter-switch to different time-fram of the traders choice isn't subjective here, it's very much possible, the two previously mentioned plans doesn't have all this unified features.

Explain the different features of tradingView and what is your favorite feature and why?(screenshot necessary)

Features are officially found at the trading view homepage, at the cause of this homework I will be Exploring then one after the other, at the homepage we have the following.

• Chart

• Trade

• Market

• Screener

• Community.

Charts; chart won't be overemphasized here, as you all know it is basically where various traders Carry out vital role as far as trading view is concerned, chart has candle-stick, here traders will know the regulation of price in the volatile Market, it has two phases at the left hand side we have some important technical tools, at the right hand side we have the watch-tool and other important things too, at the top we have the indicators.

Trade; opening the trade you will see top broker and brokers award, there are always brokers options on trading view platform courtesy this we have some well known brokers and they are FCMT this one is very much popular, we also have the OANDA binary, it's very much popular too.

Market; Exploring this you will find out that there are plenty forms of Market, up to six of then, as you can see the classification is based on the nature and type of assets in question, in the volatile Market we have various traders so it's very much optional, you can choose any trade of your choice.

Screener; this feature sounds great to the ears, we have the stock, forex, and crypto screener, you can use then to screen assets that best suite for trading, before you can officially proceed with your trading. you can still conduct a comprehensive analysis too.

Community; community is a place where people gather and share ideas, Trading view is not an exception here, it's galvanized in such a way that people share ideas here. In trading view the features here are splendid, gaining massive exposure leads to success, since in trading view the interaction is there trading view look super unique. The community has features as you can see the scripts, ideas, and all the rest.

MY FAVOURITE FEATURES AND WHY

I think in this case chart is my favourite feature, each time I gain access to trading view I open up my chart studying, I also set alerts So I could know when and how the market is moving, it's very much important for me chart, is genuine I don't joke with my chart, my candle-stick formations is very important studying it gives me lots of good impression so chart is my favorite.

Chart for me is the heart of Trading each day I wakes up the first thing Is to access my chart, by so doing i will be able to get signal knowing when to buy, and when to sell, knowing when the price of assets goes either way, Bearish and bullish, so chart is very much important.

How to set up a chart in TradingView and use two tools to edit it.(screenshot necessary)

Before you carry out this chart first you have to visit the trading view home page, click on chart, then you proceed watch me as I carry out this actions.

When it's officially opens, I mean the homepage you will see other, things involved, like the trend-lines, long positions, at the right and left hand side are basic tools that assists traders on carrying out their technical analysis, all are pretty involved here.

SYMBOL

Settings come to fruition here, you can decide to set your candle-stick the colour that you want.as as you can see beside you can find so many colours the option is yours.

STATUS LINE

Status line in this case can be set, we have the open line, close line, and all the rest in acronyms is OHCL, performing operations here is actually optional it depends on what you want. You can select and as well un-select, you have the final say here.

SCALES

Just as I have said you have the ability to select and un-select, here you can do it clearly, you have some indicators that won't over-lap.

APPEARANCE

Just as the name appears, at this phase you will determine how your chart will look like how you want it to appear, it's very possible for you to change the colour of your chart background to any preferred colour of your choice, grid lines too can be included in charts.

TRADING

Trading isn't new to us, massive settings can be done here, like your show position, extending your line, stop loss and other important settings too. Every settings you choose is actually optional. trading has to do with buying and selling, but here knowing when to buy and when to sell is key.

From the on-set i have been using one colour in my chart now let me change my chart colour and see how everything will look like.

Explain how to add indicator in chart, what is your your favorite indicator and why? (screenshot necessary)

This is pretty fantastic question I will explain just this as the question request, first explore the chart and follow the following steps first click at the top and tap the indicator, screw down and you will see so many indicators you can decide to choose, then if not you can search any indicator of your choice in the search axis I searched the RSI.

We keep proceeding, I searched for the indicator I feel like adding at the search axis I included the indicator RSI, view the image below.

After adding the indicator i will show the effect on the chart please view it here below. You can decide to Edit the indicator of you wish.

MY FAVOURITE INDICATOR AND WHY

All the whole indicator's I think I prefer the RSI, it's my favourite, because of its measurement pattern, it helps in measuring that exist in price changes be it rescent or not, it can simply be used to determine the overbought, and oversold of stock and their price situation.

The way the RSI looks like it seems as an oscillator, the lines interjecting at some extreme point, you can read the lines, starting from zero to hundred, that is 0-100, traditionally so many traders today makes use of RSI indicator, the security it attains is climaxing and it's becoming extremely valued.

One important thing I cherish about the relative strength index is the ability to provide signals,courtesy when the price goes either way Bullish or bearish, you can easily plot it beneath the graph. From my accessment an assets is considered overbought when the relative strength index passes 70%, in return the overbought below 30%. All this are the reasons why I like the relative strength index indicator.

Do you think TradingView is useful in predicting the market for cryptocurrency (trend / price)?

I think yes is very useful reason been that it depends on how trading view is structured to work as we all know in trading view you have access to various key things, trade, invest and educate, the education there serves alot, one head is better than one, in trading view you will see experts in the field with lots of experience, so as regularly as you keep trading you are learning new things and you can be able to predict prices of cryptocurrencies, trust me a good technical analyst can be able to predict Cryptos.

Since in trading view we have genuine experts, you been there it will accelerate your chances of getting a better knowledge and a fantastic overview about how analysis are been done, on-like the use of RSI indicator for me I didn't know how to apply it very well until I gained the idea through constant learnings on Trading view, as it stands right now I can confidently predict cryptos.

last three months when the price of steem was totally down I predicted that if Bitcoin rises that steem too will rise reason been that Bitcoin is the father of Cryptos, if it falls other Cryptos follows suit, vice versa, that is exactly what is happening now.

For me trading view is very much useful in tense of price prediction, not just that it's pretty fantastic to understand and trade on it too, I so much like the way the exchange works.

CONCLUSION

• It should interest is that Trading is done with the sole motive of making extra cash, and trading view is very much exciting to use, because for me it offers the best, in trading view you don't just trade, you get extra idea on how the volatile Market works.

• From the lectures I have understood that only people with great ideas, knowledge and understanding knows how to predict, you can't be a novist and become near experts in price prediction no, so Trading view is built to trade, invest, and along the process you get educated.

• I have exploited the Trading view officially homepage, I know how things works out there, I will urge you reading this Post to follow suite, let's trade, invest, and educate people, many thanks to you professor @yousafharoonkhan, you really explained well once again thank you. All image used are all mine

cc;@yousafharoonkhan.