Crypto Academy / Season 3 / Week 7 - Homework Post for Prof. @yousafharoonkhan

Hello my fellow stemians, Trust we are all fine? it's a pleasure to be here this season and am so happy to be writing this week. I have read and understood the class tutored by Prof. @yousafharoonkhan's topic, "How to create an account on TradingView, how to use indicators, tools, features of trading view". I will be attending to some questions below, which were obtained from the class, without wasting our time.

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Questions

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

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

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

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

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

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Answers

DEFINATION OF TRADINGVIEW

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Every trader or investor always looking for an easy platform where they can explore their trading analysis. Such as Technical analysis, where they can get information such as investors, traders, educators, market enthusiasts market ideas and market activities to minimize loss and minimize profit.

Technical analysis is a unique web-based site that has many advantages which can help traders or investors in their daily activities. If we should now define what Tradingview is, in a short term, it can be defined as a web-based site, where traders can explore their trading analysis in a convenient way along with some important information. Such as the ideas of investors, traders, educators, market enthusiasts market ideas, and market activities.

Tradingview's web-based platform is a decentralized platform. It allows its users to be independent of any authority. Users can change the format of its charts page, such as the color, size, and so on. It also has some features such as built-in indicators and so on.

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HOW TO REGISTER AN ACCOUNT IN TRADINGVIEW

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The next thing to did now it to do now is to explain how to register an account in tradingview.

The first to do is to visit the tradingview website which can be located here. If you search just Tradingview at the search engine, it will show the page of the image below. But, if you search with the above link, it will take you to the main page of Tradingview.

After that, I clicked on the first link as you can see above with a red arrow. It now took me to the page below, which is a tradingview main page, as you can see below.

Click on start free trial to take you to the packages that are available on trading view. See the below page.

Click on Try free basic to use without subscribing. After that, it will take you to the page where to will be giving the option on what to register with.

I chose Email and it took me to the page below. Where I can register with the choice of my username, password, and Email address.

Here in the above image, my username, Email, and password are required and I am also required to follow their rules and regulations. They also use reCAPTCHA to know if am a robot or not. After everything, I now clicked on create an account. It now took me to the page below

The page above shows me that my account is yet to be active, that I need to go to my email inbox to confirm my registration. The message sent from tradingview to my email inbox, the screenshot is below.

I clicked on Activate Account, to activate my account. It now took me to the page where I inserted my image, as you can see below, along with my first and second name.

On this page I clicked on Continue for the completion of my account registration.

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WHAT ARE THE DIFFERENT REGISTRATION PLAN?

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In tradingview, we have three(3) different registration plans with different benefits. Which are Pro, Pro +, and premium. It also allows users not to choose a plan straight away, it gives chance for users to try what they want to do on Try free Basic before choosing a plan.

In the Pro registration package, the registration fee for users is $14.95 monthly and $155 annually. This package gives users the opportunity of Distraction-free trading and investing with more charts, intervals, and indicators. It has many advantages that can help traders in their analysis, such as it allows users to use 5 indicators per chart, 2 charts in one window, 20 server-side alerts, Ad-free, Volume profile, indicators, Custom time intervals, Multiple, enhanced watchlists, and so on.

In Pro+ registration, the registration fee monthly for users is $29.95, While the yearly fee is $299. It also gives benefits such as; it allows users to use 10 indicators per chart, 4 charts in one layout, 100 server-side alerts, 2 devices at the same time, Intraday exotic charts, Charts based on custom, formulas, Chart data export, and so on.

Also in Premium registration, the registration fee monthly is $59.95, While yearly fees are $599. Along with the benefit such as; it allows users to use 25 indicators per chart, 8 charts in one layout, 400 server-side alerts, 5 devices at the same time, Second-based intervals, Alerts that don't expire, and so on.

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EXPLAIN THE DIFFERENT FEATURES OF TRADINGVIEW AND WHAT IS YOUR FAVORITE FEATURE AND WHY? (SCREENSHOT NECESSARY)

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I will be explaining three features of the tradingview site. I will be explaining Market, community, and screener on the list of tradingview features.

• MARKET -

The market is one of the tradingview features that are very important all also my favorite all tradingview feature is because It is a good feature that allows users to trade to acquire profit. A market in tradingview has different types of things that can be traded such as cryptocurrency, currencies, bonds, stock, indices, futures, sparks, and so on as you can see in the below image.

As you can see above, I choose to explore cryptocurrency. In cryptocurrency, we also have different crypto such as Bitcoin, Ethereum, XRp, and so on as you can see below.

As you can see in the above image, if we try clicking on each word in the above image, we will see that it gives us details about each cryptocurrency.

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• COMMUNITY -

In the second feature which I listed to explain, Community. Community in tradingview provides details about the ideas, script, streams, and so on as you can see in the below image. It helps us to know more about the activities in the crypto world.

It is an excellent feature that helps traders to know the insights of the investor, educator, and so on in the community. The platform impact more knowledge to users by providing information. As you can see in the above I decided to click on the idea and it shows me different ways I can get ideas from. Such as Trend analysis, follows authors, and so on. As you can see in the below image.

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• SCREENER -

This is another feature of tradingview is the screener. Traders can get the best result in a very short term using this feature through the use of our indicators. As we can see below users can use stock screener, cry to the screener, and forex screen. Users can even trade accordingly with this feature.

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HOW TO SET UP A CHART IN TRADINGVIEW AND USE TWO TOOLS TO EDIT IT. (SCREENSHOT NECESSARY)

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To set up a chart on tradingview we need to visit the website. When getting to the tradingview main pages, we will locate the chart at the upper part of the tradingview main pages or when we click on the icon that is at the upper part of the main page, Chart is the first in the list as we can see in the above image. After that, click chart it will take you to the chart page. Where you can edit the chart according to your choice.

I will be using two different features of the chart to edit the chart. I will be edited by changing the chart and also change the time duration or days.

• How to change chart

Changing of the page can be found at the upper part of the chart main page. It is one of the chart features that is listed in a row at the upper part of the chart page. It is a feature that is there for users to choose their choice of chart. It is what traders like a lot because they will be able to see market movement in different patterns.

• How to change Time or Days

To change the time or days is also on the list of chart features, which is listed along with how to change chart patterns. It is a good feature that allows users to choose a time based on their choice in their analysis or trading.

• Using tools to edit chart

I will be using two tools to edit my trading chart. Which are Eraser and Text.

• Eraser -

Eraser as we all know is used when a mistake occurs on a chart. Once the mistake is done, click on the eraser arrow, after when you have clicked on it, click on the error, it will automatically disappear. Erasers help tradingview users to correct mistakes and that gives more opportunities to practice.

• Text -

Text is another tool on the tradingview chart platform. It gives opportunities for users to label their trades when analyzing to help them to recognize and remember when analyzing. Text icon is located on the list of tools at the left-hand side of the chart page. When users are ready to label, click on the Text icon and click on the surface of the chart page where you want the text to display, it will now display as you can see below. Here, you can change the color, boldness, and so on according to your choice.

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EXPLAIN HOW TO ADD INDICATOR IN CHART, WHAT IS YOUR FAVORITE INDICATOR AND WHY?

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How to add indicators in a Chart.

To add an indicator on tradingview, firstly, the indicator is located at the upper part of the chart page as you can see in the below image. Click on the indicator, it will display to you different built-in indicators, you can search by typing the indicator of your choice in the search engine. It will show you the indicator which you have chosen. After when you have searched for it, click on it, it will display immediately on your chart.

My favorite indicator and why?

My favorite indicator is Moving Average. Moving average is a popularly used indicator and it can be located in tradingview by clicking on indicator, search for it as I have searched for my in the search engine as you can see below. I clicked on it and it displayed on me can't without wasting any time.

It is my favorite indicator because it helps the trader to make simple technical analyses and assists the trader to get a smooth trendline without overflowing information and helps in recognizing support and resistance.

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DO YOU THINK TRADINGVIEW IS USEFUL IN PREDICTING THE MARKET FOR CRYPTOCURRENCY (TREND / PRICE)?

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In my understanding about tradingview, I believe trading is a good trading site and also be useful in predicting the market trend and price because all the necessary trading tool that is expected to be known by traders is well packed in tradingview. It has many advantages that can help traders to make a smooth technical analysis. It has all instrument that is meant to be own by a trader.

It is a unique web-based trading site that is open for traders at any time, to make their analyses and predict trends and possible prices of a market. Tradingview is a decentralized platform that is not owned by anyone. It allows its, users, to make their chart, trade, predict according to their choice. I believe with all the good features that are owned by tradingview, it will always be a good platform for traders to predict the market price and trends of cryptocurrencies.

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Conclusion

Tradingview is a good platform that learned to be known by all traders and investors because it helps users to have an easy and smooth analysis because all the good features of trading are packed in it.

I want to use this medium to appreciate Prof. @yousafharoonkhan. It's my first time attending your class, but to be sincere, I must say I enjoyed the class. Thank you very much. I look forward to receiving more lectures from you, sir. Thanks for reading through my post.