CRPYTO ACADMEY SEASON 3 WEEK 7||TRADING VIEW ITS FEATURES AND HOW TO REGISTER FOR TRADING VIEW||HOMEWORK TASK BY @steemdoctor1

in SteemitCryptoAcademy3 years ago (edited)

Salaam to Everyone!

I Pray to Allah keePs us in His blessings. Today I want to complete the homework task by professor @yousafharoonkhan which is about the trading view and how can we make the account for trading view, Different packages, and how to register. So these are the main concepts of this lecture. So let's start our discussion.

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source

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QUESTION NO.1

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

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Introduction to Trading view:

The trading view is a website that different traders use to view the charts of the market prices and be aware of the market's ups and downs. These charts are called the trading charts.

Almost every trader uses this website to make a profit from their trading and see the market trends. This website is used by every new and old trader. This website provides us the charts of stock markets, cryptocurrency exchanges gold, and forex. You can also trade in any market by using different indicators.

The trend of trading in the world is increasing day by day and like this trend traders also need a website to the market charts or for online trading. So the trading view is one of the best options for the trader to see the happenings in the markets.

It is not limited to only some markets but you can trade in the markets of the world on this platform. This website is very essential for the traders in the world. So professor has explained the practical work of the use of trading view and we will also learn about the use of indicators on this website.

So after the introduction let's move towards the next question that is asked by the professor.

How to Register the Account on the Trading view

In this portion, we will discuss that how can we register an account in the trading view. We will discuss this in different steps.

Step no 1

  • Search your browser for trading view
  • Go to the website of the trading view.
  • After that, you have to click on the option of start free trail at the corner of the homepage.

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Step no.2

  • After clicking on the start free trial option you will see three plans which are described and shown below.

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SteP no.3

  • Go down on the same page and click on the try free basics oPtion.
  • After clicking the option you will get the page as shown below. In which you have to choose one option to sign up. You can sign up through Google, Facebook, Twitter, and email.

I have selected the email option to sign up

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Step No.4

  • After selecting the email option you have to provide all the information.
  • Username,email,password.

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  • After clicking on the option of creating an account you will get the page as shown in the above screenshot. Then click on the resend activation link option.
  • You will receive an email related to the trading view. Go to the inbox of your account and open the related email.
  • you will get the link in your email as shown below. Click on this option for further processing as shown below.

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So this was all that how can we register our account to the trading view website. I have explained all with the help of screenshots.

Different registration plans:

Now we will discuss the different registration plans that the trading view website offers. So let's start a discussion.

First plan:

  • The plan I placed on the first is the free basic plan that I have to choose to register my account.

  • This is mostly used plan by the traders to start their journey.

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  • This is a free basic plan offered to the traders.

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Pro Plan:

Pro This package provides us the distraction-free trading and different charts of trading in the 14 USD Dollars .

  • This is an ad-free Plan which provides 2 charts in one window. Provides five indicator er charts.
  • It provides 5 indicators per chart and 20 server-side alerts.

PRo+Plan

Pro+ can be obtained in 29 USD dollars. This package provides us a technical analysis of the situation of trading.

  • It provides 10 indicators Per chart which are more than the Pro Plan. We can also use the website on two devices at the same time which is its advantage.
  • It Provides us 100 server-side alerts and also you can get 4 charts in one layout.

Premium plan:

Premium This provides the highest precision and maximum data in 59 USD Dollars. This is the most useful and extensive offer.

  • it Provides 25 indicators er charts more than all other offers. It also provides 8 charts in one layout.

  • By getting this package you can use 5 devices at the same time for work.400 server-side alerts are also the advantage of this plan.

So this was all about the registration Plans of the trading view website. Here our question came to an end. let's move towards the next question.

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Question no.2

Explain the different features of trading view and what is your favorite feature and why? (Screenshot required)

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In this question, we will describe different features of the trading view website. You can see the headings of their different features on the top bar of the website homepage as you can see below in the screenshot.

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The main features are:

  • charts
  • Trade
  • Markets
  • Screeners
  • Community

First of all, we will talk about the chart.


CHART


When you click on the option of chart you will get the following page that you can see below in the screenshot.

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The chart is an important feature of the trading website. In this feature, you find different tools like indicators, trend lines, and many more which he's us in the trading.

  • Trend lines help us to set the chart that helps in the market analysis.

  • You can also add the drawing default which is one of its tools. Also, add different indicators according to your Plans.

  • You can also make different strategies on the chart by using the drawing tools which contain brushes, highlighters. rectangle and other things you can find on the sidebar.

  • You can also zoom the chart for more dee analysis and also take pictures. make drawings and also use the scaling feature to make the scale on the chart.

  • So this was an important tool for the analysis of the market. the next one is trade lets see the trade feature.

TRADE


This is another important feature of the website.

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  • You can see the best brokers in the world in this feature. And also check the rewards of the brokers in this tool. You can see the next Page to trade above in the screenshot.

  • The next one is the market which is one of the most important and useful features of the trading view website.


MARKET


In this feature, you can find different coins their prices.

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  • Here you can see the markets of different cryptocurrencies, currencies, Stock markets,s and even trade in any market of the world.

  • You can find the Prices of cryptocurrencies .currencies and stock exchanges in this feature. This might be very useful for the analysis of markets for the traders.

  • With the help of this feature traders can take a view of the whole market and their prices. And in cryptocurrencies, you can also see the prices of all coins.


SCREENERS


This is another feature of the trading view website.

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  • In this feature, you can find different screeners. Such as the Cryotosctreeners, forex screener, and the last is a stock screener.
  • This option of screeners indicators also helps the traders a lot.

COMMUNITY


This is the last feature of the website.

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  • Here in the community feature you can find different activities. Such as you can find the scripts. cryptocurrencies, authors and different ideas, and many more in this feature.
  • Now this was all about the features of the trading view website. Now we will discuss the feature I found best.

My favourite feature and Why?

All the features of the website are useful but the CHART I found the best.

  • Because in this feature traders can make the deep and technical analysis of markets and also predict rice by setting u the chart. It also contains many features of editing, scaling, changing color, bars, and drawing these are some features I like the most in the chart and these are not mostly available on every website.

  • This is also helpful to the traders that they can make a trade and can predict prices.

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QUESTION NO.3

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

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In this portion, we will discuss that how can we set u a chart on the trading view website. To set the chart we have to go to the option of the chart on the above bar as shown below in the screenshot.

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To set u the chart go to the option of setting on the age of the chart. Then you can find different things to change the chart. To change the chert candles to straight or curved lines, change the color of the chart background if you want, or change the color of candles that show the buying and selling of the currencies. The most ideal colors are red and green.

To change the chart Background:

To change the chart background I go to the settings of the chart and then on the option of background. I turned the white color to black in the chart. This is a very common setting for traders.

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To Change the symbol:

Most traders want to change the symbol from candles to straight or trend lines. So this setting is also useful for the traders. Same in the setting option we find the option of symbols.

  • You can change the body, Borderlines, and wicks of the candles In this setting.
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So in the options of setting the traders can make the settings of their likings and also change the color of borderlines, candles border, candles body.

APPerance of graPh after setting

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So this is the final image after some setup of graph or chart in my style.

Using two tools on the graph or chart

We have to use two tools on the chart to complete this question. So we will use some basic tools that are essential for the traders in many ways or may help them in trading.

Cursor tool:

The first tool we will use will be the cursor which looks like the single or quadrant and is numbered on the first lace on the left side of the chart.

  • This is used for moving the chart up and down and then maybe left and right. This will provide us with four options: a cursor, dot, cross, and eraser that is mostly used to remove the mistakes that we may experience during our work.

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Trend line:

This is laced on the second number in the tools list on the left-hand side of the chart.

We can use this tool for the technical analysis of prices of the markets. It contains many things such as trend lines, arrow lines, and more others you can see in the screenshot below.

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Drawing tool:

You can also use the drawing tool which is laced on the fourth number in the tools bar on the left side of the chart. This contains brushes, highlighters, and many other things which traders can use to indicate some settings of the market situation for memorizing. This is also a useful tool.

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So this was all about the use of tools on this chart in the trading view website. Let us move towards the next question.

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QUESTION NO.4

Explain how to add an indicator on the chart, what is your favorite indicator and why? (screenshot required).

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In this portion, we will discuss that how to add an indicator on the chart in the trading view website. The procedure is very easy. We have to go to the option of indicator as shown in the screenshot below.

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Most traders use multiple indicators that indicate the signals of buying and selling trades to be notified always. As shown in the screenshots you can add any indicator you want by clicking an indicator on one of them.

My favorite Indicator and why?

  • In my opinion, the indicator Relative Strength Indicator is the best because of its accuracy. Its mostly used indicator in the trading. The most used time frame of this indicator is 14 times the RSI indicator.

  • This is the most accurate indicator on the website. This indicates the buying and selling of different situations in the market. That's why it is a very useful indicator. And also my favorite.

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QUESTION NO.5

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

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In this portion, we will talk about the benefits of the trading view website.

  • Yes according to me it's a really useful website because it is aware us of many currencies, markets of the world and also the prices of the currencies. So this may help us in trading.

  • Its most beneficial feature is its chart which is very useful for traders that they can predict prices and according to prices and time frames they can set indicators.

  • Its tools make this website more useful. It has many tools in the chart that he's us to make the chart and predict the prices.

  • So at last its tools, charts, registration plans, market, indicators, and many other features make the trading view website an amazing and beneficial website for the traders.

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CONCLUSION

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This was my first ost in the intermediate courses of the professors of the crytoacadmey.In this post, I learned a lot about the features of the beneficial website called the trading view website.

This website is very useful to the traders and can make their trading more easy and beneficial with its tools and features that I have explained above.

According to my search and knowledge, I have explained all about the website that the professor has asked for.

I hope that professors will like this homework task and award me with good grades.

Special mentions:

professors of the cryptoacadmey to review my post.

Regards:@steemdoctor1

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Respected first thank you very much for taking interest in SteemitCryptoAcademy
Season 3 | intermediate course class week 7

CriteriaCalculation out of 2remarks
Presentation/quality1.5
Originality1.6/2
Compliance with Topic1.3
Clarity of Language1.4
Quality of Analysis1.3
Grand total7.1
  • you did not expalin well queston 4, you did not complete process of adding indicator in chart, there are only 2 screenshot ,

  • in question 3, your chart not looking well, and editing not clearing concept of editing, that you applied on chart

  • you did not apply your favourite indicator on chart Relative Strength Indicator.

thank you very much for taking interest in this class

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