Supply and Demand Guide To Trading View (2021 Update) By PriceActionNinja.com ©

Supply and Demand Guide To Trading View (2021 Update) By PriceActionNinja.com © Copyright: PrinceActionNinja.com 2021 Supply and Demand Guide to Tradingview - page 2 Are you tired of losing money My Forex mentor once told me: “you’re only as good as your charts, sonny”… and boy was he right. Choosing the right chart platform to view price and carry out analysis is critical to your success. If you think it’s possible to make millions with a second-rate platform, offered for free, by a no-name broker... in the words of the great Judas Priest… “you’ve got another thing coming”. It’s THAT simple. Nowadays, trading platforms are everywhere, so knowing which has the right features and which to choose for trading isn’t as easy as it seems. However, in the past few years, one platform has climbed to the top… I’m talking about Tradingview, ring a bell? Combining highly advanced charts with a whole suite of social features, Tradingview has cemented itself as one of the top Forex charting platforms. It’s easy to use, packed with amazing features not found on most other platforms, and best of all, completely FREE. Today I’m going to give you a complete walk-through of how to use Tradingview along with its many features. I’ve used Tradingview for 3 years. I made the switch from MT4 back in 2017. So I know the tips, tricks, and little secrets that will help you to get started. Supply and Demand Guide to Tradingview - page 3 Here’s a quick look at what we’ll cover… • How to sign up and create a Tradingview account. • How to get your charts ready for trading. • Overview of all the tools & how to use them. • How to add lines, rectangles, and indicators to the chart. • How to connect your broker and trade through Tradingview. • How to set your charts up like mine (if you want to). So, ready to dive in and see what Tradingview’s all about? Lets go… What Is Tradingview And How Does It Work? Unless you’ve been living (or trading, I guess) under a rock for the past few years, you probably already know a little about Tradingview, or at the very least you have seen it advertised somewhere. Tradingview is a charting platform. It shows charts and lets you analyze price, just like MT4. Supply and Demand Guide to Tradingview - page 4 However, unlike MT4 and most other platforms, Tradingview is web-based. All of its charts and services are hosted via a website, which you visit to look at price and conduct analysis. You don’t download any separate programs onto your PC, or sign up to a broker. You simply enter the website into your device and then log in to start viewing charts and carrying out analysis. Now, what makes or breaks a charting platform are its features. And it’s in this area that Tradingview sets itself apart. Simply put, Tradingview has the best features of any charting platform, and yes, that includes MT4. Chart wise, it has everything you could ever ask for, and more you probably didn’t know you needed. A full suite of drawing tools makes finding levels and zones a breeze, a huge collection of chart types and timeframes gives you the complete picture of price, and a massive list of tools and indicators. And if that wasn’t enough… Tradingview also has a built-in strategy tester and editor. You can create and customize your own indicators, strategies, and EAs and then test them to see how they perform, all for free within Tradingview! Pretty amazing, right? While Tradingview provides great features for charting and analysis, it also contains many social features. Supply and Demand Guide to Tradingview - page 5 Publish your analysis, chat with fellow traders, follow and comment on the analysis of other traders… The features are extensive, and being built directly into the platform means you can access them from anywhere, including the chart screen. Personally, I don’t use the social aspect much. I’m more of a lone-wolf type of trader: but, they are there if you want to use them. Opening An Account With Tradingview Getting setup with Tradingview takes literally a couple of minutes. You don’t need to download any programs or sign up for a broker, as you often do with MT4 or other platforms. Just visit the site, create an account, and you’re on your way. Keep in mind, while Tradingview is free to use, you need to open a free account for the full range of features. With no account, you can only access a select few features. And after a while, around 15 minutes, a pop-up will cover the screen telling you to either create a free account or become a pro member to continue viewing charts. The ads still show with a free account, but that doesn’t stop you from doing analysis. Supply and Demand Guide to Tradingview - page 6 So to open an account, head over to the site… Click the “Join Now” button in the top right. And then enter your details. Supply and Demand Guide to Tradingview - page 7 Once you confirm your account, simply log in to begin looking at charts and analyzing price. Easy! While a free account with Tradingview gives you many cool features, a pro account really takes things up a notch. It provides specialized tools that make trading and analysis so much easier. Many of these, like the strategy tester and market replay tools, cost money to use on other sites, so it’s pretty good value for money when you break it down. As we go through the guide, I’ll cover some of these in more detail. For now, here’s a quick overview of the main features you get with each version of Tradingview: Basic (Free But Email Sign Up Required) • Access to the charts. • Ads every 15 (or so) minutes. • 1 chart per tab. • 3 indicators per chart. • 1 saved chart layout. • 1 indicator template. • Stock/Forex/Crypto Screener. • Market Replay Function (only on daily and weekly) • Volume Profile Indicator • Strategy Tester Supply and Demand Guide to Tradingview - page 8 Pro • Access to the charts. • No ads. • 2 charts per tab. • 5 indicators per chart. • 5 saved chart layouts. • Infinite indicator templates. • Stock/Forex/Crypto Screener. • Market Replay Function • Volume Profile Indicator • Strategy Tester Pro + • Access to the charts. • No ads. • 4 charts per tab. • 10 indicators per chart. • 10 saved chart layouts. • Infinite indicator templates. • Stock/Forex/Crypto Screener. • Market Replay Function • Volume Profile Indicator • Strategy Tester Premium • Access to the charts. • No ads. • 8 charts per tab. • 25 indicators per chart. • Infinite saved chart layouts. • Infinite indicator templates. • Stock/Forex/Crypto Screener. • Market Replay Function • Volume Profile Indicator • Strategy Tester Check this comparison on the Tradingview site for a more detailed breakdown of the features that come with each different account type. Important Note: Not sure if Tradingview is for you? Get the free trial… Tradingview gives all users a 1-month-free trial to test the platform and try out all of its features. All the pro and pro + features are included, and you have full access to the paid tools I talk about later in this guide. Supply and Demand Guide to Tradingview - page 9 Understanding The Chart Window So, when you first open Tradingview, either with or without a paid account, you’ll find yourself on the chart window. Tradingview’s pride and joy is here. The chart window shows the price of a currency/stock/commodity through a chart and contains all the tools, indicators, and options you can use in your analysis. Suffice it to say, this is the place you’ll be spending most of your time. Now for all you beginners out there, this screen probably looks like a mess of different options and tools. That’s what I thought when I first started using it, and I’m sure that’s what many of you think right now. Don’t worry. While it looks complicated at first, once you know a few things, the chart window is much simpler than it seems. The window contains four different tabs, each I have marked with an arrow. These tabs contain all the options for viewing charts and conducting analysis. From here, you can add indicators, switch between different pairs (or other assets), add lines and rectangles. This is good for supply and demand trading. You can also view information on the price of a currency and news around the world. We’ll dive into the options of each tab later, before that, here’s a quick overview of what each one does… Supply and Demand Guide to Tradingview - page 10 Top Menu (Red Arrow) The top menu contains the basic options for changing the chart, like switching between pairs, changing time frames, selecting different uploads/Finance/ tradingview-guide.pdf

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  • Publié le Dec 27, 2021
  • Catégorie Business / Finance
  • Langue French
  • Taille du fichier 7.1205MB