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Backtesting Using Tradingview

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TradingView is the ultimate tool for investors and traders looking to improve their performance to the next level. With over 30 million users per month, it’s the go-to choice for serious traders as well as investors. But is worth the investment? Absolutely! This review will give you the inside scoop on all the awesome features and capabilities. The most important thing? We’ll teach you how to use TradingView for free and save up to 50% for paid subscriptions.

Score a Deal

Want to use TradingView Pro for free, and also get a 50% discount? It’s easy! Simply click here to sign-up for an account for free. Click “Get Started” at the top right of the screen, scroll down and click “Try Free Basic.” Enter your email, choose an account username and password and click on the link inside your confirmation mail to confirm your account. This is the ideal method to sign-up and unlock multiple options:

Option A: Upgrade to a premium plan such as Pro and Pro+ and enjoy a discounted price of 30-50 percentage. You can try all features for 30 days prior to when you get charged.

Option B: Stick with the free plan and explore all the options before deciding if would like to upgrade at a later time.

Features Galore

TradingView has some of the the most complete features of any trading, investing and analysis software. When you subscribe to the basic plan for free Basic package, users will be able to gain access to many features, but upgrading to a paid plan such as Pro, Pro+ or Premium can give you access to multiple charts, custom time intervals, real-time market data, multiple timeframes, data exports along with advanced charts. Additionally, you’ll be able to access to extended trading hours, custom scanning, and a community of traders that can assist you. TradingView is available as an online version of the desktop software, as well as a mobile application, meaning traders can trade from anywhere, anytime. Don’t be left out of the amazing features TradingView has to offer!

A World of Charts Awaits

TradingView is your one-stop-shop for everything related to charting and analysis. With comprehensive tools and extensive analysis capabilities You’ll have everything you require to trade like a professional. In addition, with the ability to change between dark and light mode and powerful drawing tools, you’ll be able to present the data in a way that is most suitable for you.

Free Vs. Premium

With TradingView Basic, you can open just one chart at a given time. However, if upgrading up to TradingView Premium, you can open up to eight charts at once each one featuring various symbolisms for stocks along with time frames and indicators. Pro and Premium subscribers can even export data from charts, set specific time intervals, and trade directly from a chart. And if you really want to get better your trading experience, TradingView Desktop TradingView Desktop platform offers even more power, speed, and flexibility, with the ability to support multi-monitors in native mode.

Chart Types Galore

Whatever type of chart you like, TradingView has got you covered with options such as candles, bars, hollow charts as well as lines, columns areas, lines and more. Plus, you can choose from a variety of timeframes, ranging from 1 second to monthly. Pro, Pro+ and Premium subscribers can set their own time intervals.

Tools for drawing and indicators

With more than 90 drawing tools as well as hundreds of indicators to pick from and you’ll have everything that you need to make informed trades. From common indicators such as moving averages to volume indicators and even options for custom-coding, TradingView has more indicators than any other similar analysis tool for technical analysis.

Fundamental Data

One of the most notable features of TradingView is its capability to show fundamental information such as income statements, balance sheets and cash flow metrics directly on a chart. This lets you quickly analyze how the market has performed following earnings announcements, news from companies, and many more.

Find the perfect trade with Screeners

TradingView offers everything you need to make the most profitable trade choices, including stock, forex, and crypto screeners. With just a click, you can scan markets for best dividends, performers, value margins, dividends, and much more. Plus, you can set alarms and filters, and even export the information to be used outside of the platform.

Heat Up Your Trades

The heatmaps for crypto and stocks can be extremely useful to see the most significant gains and decliners. You can even filter by market capitalization, daily volume, and other financial numbers. Additionally, with options for the biggest up- and down gappers, most volatile stocks, and relative volume ratios and more, you’ll have the information needed to make smart trades.

Join the Community

With over 30 million monthly users, TradingView’s community is packed with traders, investors and financial professionals. If you’re just starting out or a seasoned pro You’ll find helpful resources like trading ideas, educational streams, and custom scripts.

Stay Informed

TradingView’s Snaps feature keeps you up-to-date with the most recent market news from popular media outlets like Reuters, InvestorPlace, and Seeking Alpha. With TradingView’s News Flow feature it will keep you in the know about the latest trends in stocks, crypto, forex, indices, futures, bonds, and the world economy.

Get Alerted

TradingView makes it simple to set price alerts on your top stocks. With options for email-to SMS and pop-ups as well as audio signals or push notifications, email or webhook notifications that you won’t skip a beat. You can upgrade to the Pro version to receive more alerts – up to 400 when you choose premium plan!

The short version is that TradingView provides everything you need to make smart trades and keep ahead of the market. From heatmaps and screeners to community resources and alerts, you’ll be equipped to excel in the ever-changing business world.

Trading on the Go

TradingView simplifies trading more than ever by allowing you to connect your trading platform with various brokerage platforms. You can even trade directly within TradingView using 12 broker connections through API which includes Interactive Brokers, TradeStation, Eightcap, Pepperstone, Capital.com, OANDA, Tradovate, easyMarkets, FOREX.com, WH SelfInvest, FXCM, and SAXO.

Practice Makes Perfect

TradingView offers a paper trading simulator so you can explore new trading concepts and strategies with no risk. You’ll start with a virtual account of $100,000. You can adjust the settings to suit your needs, whether that’s visualizing lines or arrows for open positions or seeing the list available orders. And the greatest part? You can reset your balance any time you’d like.

TradingView Plans

TradingView has a plan for everyone who trades and invests beginning by using the Free Basic Plan, which offers access to basic functionalities like one chart, bar replay and seven years of financial information. Upgrade to Pro for more powerful integrated trading tools, with no adsand social media access. And for even more, Pro+ gives you access to more intraday chart types as well as custom spread formulas, and the ability to export data and employ additional indicators for each chart.

TradingView Free Basic Plan

TradingView Basic Plan TradingView Basic Plan is like the basic pack that you need to enter the world of trading. All you require is an email to begin and you’ll be able to access the most basic tools, such as charts, bar replay in various timeframes and seven decades of financial historical data. In addition, you’ll have access to the most important analysis tools such as auto Fib Retracements, as well as multi-timeframe analysis. However, keep in mind that there’ll be advertisements included in this plan.

TradingView Pro

Are you ready to up the ante on your trading game? This plan for Pro traders is where you’re at. You’ll have access to even more powerful tools, with no ads, and a complete trading community to connect with. In this program, you can open up to two charts at a time, save up to 5 chart layouts, use the bar replay on all time frames and access twenty years worth of financial historical data. In addition, you can employ up to five indicators per chart, build customized trading indicators make use of volume profile indicators, and set up to 20 alerts for price, strategies, drawings or indicators.

TradingView Pro+

Do you want to have more control over your charts and data? You can do that with the Pro+ plan is for you. This plan gives you the ability to open up to four charts on each tab as well as save up to 10 layouts for charts and has access to more intraday chart types like Renko, Kagi, Point & Figure, as well as Line Break. In addition you can export strategies, employ as many indicators on a chart and set as many alerts as you like and many more.

TradingView Premium

The ultimate plan for the most experienced trader. With the Premium plan, you’ll gain access to all the features TradingView provides, such as the first-priority support feature, eight charts per tab and unlimitable number of chart layouts that you can save. One of the best features is the second-based time intervals that are ideal when trading on the day. It also allows you to use up to 25 indicators on a chart, and set up as many as 400 alerts for drawing, strategies as well as prices, indicators and drawings. In addition, you’ll be able to access to all the social functions of TradingView, such as the exclusive badge on the name of your choice, capability to share invite-only indicators as well as secure scripts as well as videos. concepts, public ideas, and an option to sign your name and website.

TradingView Free vs Paid

The biggest differences between the paid and free plans is the advertisements, features and usage limits. For the free plan you’ll be able to use ads as well as important features. But, with the pay plans, you’ll have access to more features, alerts, and data and social network features free of ads. You can also can’t forget backtesting using tradingview.

Comparison TradingView Pro vs Premium

Wondering if it’s worth upgrading to the Premium plan or if the Pro plan is good enough? This plan will be perfect for traders who are active and long-term data analysts as it offers access to all features in TradingView. It also includes time intervals that are based on seconds, unlimited chart layouts, 25 indicators per chart, and first priority assistance. But, the Pro plan is an excellent choice for those who are beginning their journey or do not require all the additional options and features.

TradingView Pricing

TradingView offers a variety choices in pricing that’s easy to understand. You can begin with the free Basic plan and upgrade later to one of their paid plans. The Pro plan begins with $14.95 per month, the Pro+ plan costs $29.95 per month, while the Premium plan is $59.95 each month. You could save money by enrolling in an annual membership. For instance, the Pro plan is $155.40 annually, while the Pro+ plan is $299.40 each year while the Premium plan is $599.40 annually. This is equivalent to getting two months for free!

Monthly Subscription

If you’re just beginning to learn about TradingView The monthly subscription is a great way to test out the platform and ensure that it’s a good option for your requirements. The prices for each plan include:

TradingView Basic: $0.00

TradingView Pro: $14.95

TradingView Pro+: $29.95

TradingView Premium: $59.95

Yearly Subscription

If you’re a seasoned trader and know the fact that TradingView is the right option for you, the yearly subscription is the way to choose. It’s a one-time payment, however you’ll get a 16% discount in comparison to the monthly plan. This is like getting two months of service for free! The prices for each plan are:

TradingView Pro: $155.40

TradingView Pro+: $299.40

TradingView Premium: $599.40

Data Feeds, News and Market Data

TradingView offers real-time data for free whenever possible. However, some exchanges require a monthly fee for real-time tick data , and they only provide data that is delayed for free. For example, with any TradingView subscription, you’ll receive free real-time US data on stocks through the Cboe BZX Exchange (formerly known as BATS exchange) which is responsible for about 10% of market activity in the US stock market. If you’d like to view the complete history of all trades, ticks, and transactions, you can sign up to a variety of live market information feeds. These are the monthly costs for a real-time data feed

Nasdaq: $3

NYSE: $3

Arca: $9

CME Group (S&P E-mini included): $4

OTC Markets: $2

TradingView has data feed from 16 North-American 31 European 9 Middle East/African Asian/Pacific and 9 Mexican/South American exchanges. which some of them provide free real-time data while some have the option of a monthly fee that is low. TradingView isn’t a profit-maker from these costs however they are collected in accordance with the rules of exchanges. Be aware that a paid TradingView plan is required to subscribe to real-time data feeds.

TradingView Review Summary

TradingView is a fantastic charting tool for anyone looking for research and analysis regardless of whether you’re a novice or an experienced trader. The platform is accessible via the internet and can be used via any device. Additionally, there’s a separate application that works on iOS as well as Android. It’s one of the best charting platforms out there however If you’re seeking something that has a bit more advanced technology and a backtesting module You might want to consider TrendSpider, and Trade Ideas.

The no-cost TradingView version is an excellent method to get to know all the features and functions, and if you follow the steps within the post, you can enjoy a 30% to 50% discount percent when you sign up for the trial version.