Steemit Crypto Academy | Season 3: week 7 || How to create an account on TradingView, how to use indicators,tools,features of tradingview.

lhorgic (76)Beginner[6,7,10]in SteemitCryptoAcademy • 3 years ago

Thank you so much for the wonderful lecture you delivered,most respected prof,I went through the lecture and here is my entry below..I hope you find it interesting.

'Defining the Tradingview site and how to register an account in tradingview? What are the different registration plan ? (Screenshot neccessary)

TradingView

Image source

Trading view can be defined as an online platform that has quite a lot of wonderful feature such as charting tool, screeners , brokers rating and many more. It is designed for both beginners who are new to trading and professional who are use to the system. TradingView also allows users to interact on the platform. This platform was launched in june 2020 with it own scripting language which allows for flexibility such as customizing your chart interface, this and many more are the reason why many trader prefer the platform. Users have discovered that they learn fast while interfacing with the TradingView platform.

TradingView provides users with sufficient information that can help them in their trading adventure,you can see all these information even on the homepage and can even access them even without registering on the site.

How to register on TradingView platform.

It is very easy to register on the trading view platform as taught by our respected professor. I will show explain here step by step on how to register just as I did. I registered using Chrome on my mobile phone and that is why the interface is a bit different from what it looks likes when using a PC

Step 1 : enter the tradingview website on your browser Tradingview.com
Step 2 : click on the image icon at the top right coner of your screen
Step 3 : select the start free trial among the many option presented
Step 4 : sign up by clicking the email icon and then proceed with your email and password
Step 5 : check the required boxes including the recaptcha and then click create account
Step 6 : activate the account via your email
Step 7 : upload a photo and set username

Tradingview registration plan

Trading view has different registration plan that are mostly paid for (apart form the free version) and they are shown in the image below

Pro version
The pro version cost $14.95 and comes with some amazing features as seen in the image.
Pro+ version
This cost $29.95@and also come with even better features compared to the pro version as seen in the image.
Premium version
This cost $59.95 is the peak of all the package available and it also come with a very awesome feature designed to give traders the best trading experience.

'Explain the different features of trading view and what is your favourite feature and why? (sreenshot neccessary)

Tradingview has so many amazing feature that has been designed to help traders excel in their trading advanture, we will be exploring those feature below. These feature are captured in this screenshot from the three parallel lines on the home page.

Charts

This feature shows and gives an overview of chart of any currency or cryptocurrrency you want know about with it relevant information coupled with a watchlist menu for easy scanning of your favourite assets.Here is an example.

Trade

Under this feature, we have the “Top Broker” and the “Broker Award”
The top broker feature gives an overview of the top brokers that traders can take advantage and trade with, what trading view does is to select some of these reliable broker and do a review about them and do some some of rating.
Broker award feature show the top brokers with reputable award by listing them on their platform for traders to see and probably make choices based on the ratings of the brokers on the platform.

Markets

Market supplies informations as regards cryptocurrency, currencies, stocks , imndices, futures , bonds, sparks. When you click on cryptocurrency it supplies you more information about the cryptos and their categories which when clicked will give you further information such as the image below, this applies to the other currency.

Screeners

Screeners is a nice features on the trading platform that supplies info relating give a detailed information which such as price, percentage increase, highs and lows and how these currency are paired with each other,volumes and the likes. These screeners includes stock screener, Forex screener and crypto screener.

Community

Also has in it some vital informations that might be of interest to traders on the trading view platform and it's also a place where traders share their thought and views.

We have the chart which gives us insight into the charts of many currencies presently running with information.

’How to set up a chat in Tradingview and use two tools to edit it (screenshot neccessary)

Setting chat on the trading is not difficult on tradingview,in fact trading view has made it very easy in that you can be flexible with your chart such as changing your chart background,changing the default colours of the candles and many more. I will be showing two example of setting my chart

Step 1: click on the chart
Step 2: click on the settings
Step 3: tweak your options to suit your taste.

Example 1: I changed the default colours of the candles on the chart.

Example 2: I added trendline to my chart

Example 3: I added a watermark to the chart

'Explain how to add indicator in chart, What is your favourite indicator and why? (screenshot neccessary)

Adding indicators to the chart is very simple.

Step 1: I simply clicked on the symbol for indicator
Step 2 :I chose the Bollinger band indicator among many others indicators presented to me.

I chose the Bollinger bands because it helps me with my trading by showing me overbought and under bought zone and also help me track the direction of the market and many more.

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

Trading view is not only good in predicting market trend and price,it also helps traders with sufficient informations need for them to make very good decision about the market and it trends, inexperienced traders also have the opportunity to interact with other traders who are more experienced in trading. I believe with the quality of information supplied on the trading view platform and the tools available to traders,they will be able to do well in following market trend and could make profit from the market.

Conclusion.

Trading view is really a good platform,from my exploration and research,it has been reckoned to be one of the to-go platform for most traders because of the resources available to them there which has really been helpful.

Thanks for the lecture well delivered Prof @yousafharoonkhan,I hope you find my entry interesting

Cc: @yousafharoonkhan

#yousafharoonkhan-s3week7 #cryptoacademy #tradingview #steemit