Categories: Glossary

TradingView

What Is TradingView?

TradingView is an online platform, as well as mobile and desktop apps, that serves as a hub for crypto traders and others to share their trading ideas, strategies, and opinions on global financial markets. It also provides tools for technical analysis. With a user base of over 550 million registered users, TradingView has become a popular platform for creating trading strategies and sharing charts. Traders of all levels of experience and technical knowledge can access valuable insights and information about financial markets on TradingView. Essentially, TradingView functions as a social network for traders, offering a cloud-based platform to connect with other traders and perform chart analysis. The platform also offers various tools for creating charts, setting up alerts, and more.

Why Is TradingView Popular Among Crypto Traders?

TradingView is highly popular among cryptocurrency traders because it provides a wealth of financial market information. With a history of around 10 years, TradingView covers over 400 markets. The platform offers both free and paid versions. While the free version has limited access to features like setting alerts with three indicators and using some charts, it still provides access to global data and more. The paid version, on the other hand, offers advanced charting tools, technical indicators, and numerous other features. The platform’s active user base continues to grow steadily, demonstrating its popularity among crypto traders.

There are several reasons why TradingView is loved by many crypto traders:

  • Users can create charts to track specific stocks or set up multiple charts to monitor different stocks.

  • TradingView allows users to receive alerts on their devices, keeping them informed about certain conditions that do not meet their criteria.

  • Users can define their criteria to discover ideal stocks for their trading strategies.

  • Opting for a paid plan on TradingView enables users to leverage customized analysis. They can create custom charts and indicators.

  • TradingView is an attractive platform for beginners as it allows them to practice stock trading without using real money, helping them hone their skills. This applies to both crypto and forex traders.

  • With a vast community of active traders, TradingView serves as a valuable resource for gathering ideas, trends, and crucial knowledge of the markets. There is much to learn from the experience of active traders.

To learn more about how to use TradingView, we recommend reading our comprehensive guide on how to use TradingView!

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