TradingView Financial platform and Application review

in #trading5 years ago (edited)

TradingView is a financial platform for traders interested in stocks, forex (currency pairs), cryptos and commodities. It has also some social media/network facilities which let their clients share sentiments, trading ideas and hone trading skills to make consistent profits.

Many traders underestimate the importance of a great charting software or even worse, they deny the chart job and stick to fundamentals solely. I'm not going to argue the effectiveness or mystic role of CHART patterns and behavior etc, but I want you to take a look at some platforms like tradingview and see how it can help you trading better, even if you deny all the chart things.

TradingView tries its best to provide traders with an easy to understand platform that enables you to trade at your best. TradingView is one of the early birds in browser-based charting platforms. It is not only about charting experiences, there are more.

The Charts

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The chart part is the main tool in TradingView, which we can say it's their core competency. There are many default and custom indicators and trading signals on this platform, helping you understand what exactly is going on in a market.

My fav are exponential and simple Moving Averages and Fibonacci tools. RSI, MACD and many more from both lagging and leading indicators are there to use and study. In the premium versions you can enjoy more indicators on a single view of the charts, which may also be tricky cause can make you feel sophisticated and puzzled!

If you are not a fan of Technical analysis, the least this part can provide you is the trends and support/resistance levels which are undeniable.

Watchlists
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No need to say, as a trader you always have a set of markets which you need to have a glance look at them. So this tool is a vital part of any financial platform you choose to have. There are mobile widgets and filtering facilities in the App so you can customize the accessibility and viewing experience on your device.

Social Network
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As a social network, TradingView enables you to interact with others posting your thoughts and understandings (I insist on not saying analysis, to avoid the argument of technical analysis effectiveness again!) and read others'. such engagement is obviously productive if you are a mature trader and a learner.

A mature trader in my opinion is someone who can learn from others without getting obsessed of strongly or frequently influenced by their opinions. Again, it's a tricky thing, nobody says clearly that they have made wrong decisions because of others, but practically there are many people get caught in such situations.

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So people can post ideas on any pair or commodity or market and read about them from others. there are ways to engage with others too, likes, comments, following them etc. and there is a reputation meter based on these likes etc which honestly I don't see any point in that. I have realized more bullish ideas you post, more reputation you obtain and that's meaningless :)

Alerts
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Alerts are a great tool for you not to miss a react instantly to market events. Whether you are a swing trader or if you are a longterm investor, alerts can save you time and bring you more market awareness. There filters in the Alerts Log section which can make your experience more effective based on your trading strategy.

This review is not a commercial or advertising post and it is not meant to be accurate or 100% right. It is just what I think is important for others to know about this platform and based on my own limited experience with TradingView application and website.

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Hi @honarparvar

Definitely your recommendations are very good and best of all easy to understand by the vocabulary you use thanks for that.
additionally good option to track the behavior of crypto loas I share this idea with you

If you are not a fan of Technical analysis, the least this part can provide you is the trends and support / resistance levels which are undeniable.

As far as I can see it is an apps for cell phones and I'm sorry I don't have a good computer to install. It's a ZTE-A310 and it only has 1GB RAM. It doesn't allow me to do many things.

by the way it would be good to place the download link so that all your followers who can download it do so ..

Greetings from Venezuela

hi, thanks for reading.
good news! you can use the web based tradingview platform too! it doesn't take more than an up to date browser 😃

Hi! I like to learn to trade... I guess the first thing is having the money 😅, and then read and study the market... 😜

But this platform is coming on desktop mode? or just mobile?

Hey! I think I found it... And It comes in Spanish too 😄

I like to play with new toys 😉

Thanks for sharing

hi thanks for readin comment and resteem 🙏🏼 i appreciate that.
web browser based, desktop app and mobile application are all available.
enjoy trading 😉

Watchlists and alerts are essential for the fast paced world of finance. Published ideas are wise. I suspect that many platforms deem a forum for ideas too pesky to manage and when a space is provided, it is usually merely a token effort to encourage engagement or good PR. For crypto however, engaging the user is critical to long-term health of any project. Well, at least until we achieve mainstream adoption.

TY @crypto.piotr for sharing this link and @honarparvar for the info.

thanks for stopping by and comment 🙏🏼

if this world of cryptos is very volatile ..

yes it is... indeed. so you need an arsenal of weapons of tools and knowledge to survive 😉

Greetings dear friend @honarparvar.

I consider that Interaction with other people who share similar interests is a valuable aspect of Tradingview.

Cataloging as "ideas" the possible proposals or analyzes made by users allows minimizing those misunderstandings that may arise if they will be interpreted as financial advice.

Once again: the financial decisions in this case are totally personal responsibility.

A question for you: Do you have time using Tradingview?

sure I do. if you are monitoring crypto to make your holdings safe, you should use TradingView or some similar platforms

@honarparvar, Combination of Trade View Financial Platform and Social Space is very effective because it can lead to productive discussions torwards the Financial Trends.

true 👍🏼 thanks for reading

Thanks to Tradingview I'm able to write my posts and grow on Steemit and as a trader. Yep, it's Tradingview I use the most and the basic price check-up site (Coinpaprika or Coinmarketcap).
Your post is very detailed and I hope it'll bring more users to using the features of Tradingview.

Cheers!

really? 😕 screenshots? how could I avoid the confusion? thanks for letting me know; maybe because there is too much text in pictures, maybe I should try a frame in similar cases

Lol this was a compliment on how you explained it as it can be confusing without your post.

Posted using Partiko Android

oh man! Your sense of humor then 😁

A lot of cryptos to watch out for

Posted using Partiko Android

i personally focus on couple of pairs not so many

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