Skip to content

How To Do A Fib Retracement On Tradingview

  • Uncategorised

TradingView is the ultimate tool for investors and traders looking to improve their performance beyond the norm. With more than 30 million active users every month TradingView is the preferred option for serious traders and investors. But is it worth the cost? Absolutely! This review will give you the inside scoop on all the awesome options and features. The greatest part? We’ll show you how make use of TradingView without cost and save up to 50% for paid subscriptions.

Score a Deal

Want to use tradingview pro for free and receive an additional 50% off? It’s easy! Click here to sign up for a free account. Then click “Get Started” at the top right hand corner, scroll down, and then choose “Try Free Basic.” Enter your email, choose an account username and password and then click the link inside the confirmation email to activate your account. This is the best method to sign up and unlock multiple options:

Option A: Upgrade to a premium plan like Pro, Pro+ or Premium and get an immediate discount of 30-50%. You are able to test all options for 30 days before you are the bill.

Option B: Stay with the free plan and try out the various options before deciding if wish to upgrade later.

Features Galore

TradingView is one of the the most complete features of any trading, investing or analysis platform. With the basic plan for free Basic package, users will be able to gain access to many options, but upgrading to a paid-for plan like Pro, Pro+ or Premium will give you access to multiple charts with custom time intervals, real-time market data, multiple timeframes, exports of data, and advanced chart types. In addition, you’ll have the option of extended hours for trading, custom scanning, and a network of traders that can help you. TradingView is available as a browser-based application, desktop software, and mobile apps, which means you can trade from any location anytime. Don’t be left out of the great features TradingView offers!

A World of Charts Awaits

TradingView is your go-to source for everything related to charts and technical analysis. With its extensive tools and advanced analysis capabilities, you’ll have everything you need 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 visualize information in a manner that works best for you.

Free Vs. Premium

When you use TradingView Basic, you can only open one chart at a given time. However, if you upgrade to TradingView Premium, you can open up to 8 charts simultaneously on one screen, each with different symbolisms for stocks as well as time frames and indicators. Premium and Pro subscribers can even export data from charts, set custom time intervals as well as trade straight from charts. And if you really want to get better your trading experience, TradingView Desktop TradingView Desktop platform comes with greater power, speed and flexibility, including the ability to support multi-monitors in native mode.

Chart Types Galore

No matter what type of chart you like, TradingView has got you covered with options like candles, bars, hollow charts, columns, lines areas, and much more. Additionally, you can select from a wide range of timeframes, ranging from 1 second to monthly. Pro, Pro+ and Premium subscribers are able to define their own time intervals.

Drawing and Indicator tools

The tool has more than 90 draw tools as well as thousands of indicator options to pick from You’ll have everything you need to take informed trades. From basic indicators like moving averages to volume indicators, and even options for custom-coding, TradingView has more indicators than any comparable analysis tool for technical analysis.

Fundamental Data

The most distinctive feature of TradingView is its ability to display fundamental data such as income statements, balance sheets and cash flow indicators directly on a graph. This allows you to quickly analyze how the market performed in the wake of earnings announcements, company news and more.

Find Your Perfect Trade using Screeners

TradingView offers everything you need to make the best trade choices that include forex, stock and crypto screeners. With a single click and you’ll be able to search the market for the best performers, value, dividends, margins, and more. Plus, you can set alarms and filters as well as export the data to be used outside of the platform.

Heat Up Your Trades

The heatmaps for crypto and stocks are a super helpful way to see the most significant gains and decreasers. You can also filter according to market capitalization, daily volume, as well as other financial data. And with options like the most powerful up-and down gappers, the most volatile stocks, and the relative volume ratios, you’ll have all the data you need to make smart trades.

Join the Community

With over 30 million monthly users, the TradingView community is awash with traders, investors and financial experts. If you’re just starting out or an experienced professional, you’ll find valuable information such as trade ideas, educational streams and customized scripts.

Stay Informed

TradingView’s Snaps feature will keep you updated with the latest market news from users and popular media outlets such as Reuters, InvestorPlace, and Seeking Alpha. In addition, with TradingView’s News Flow feature, you’ll always be in the know about the latest trends in cryptocurrency, stocks and forex, indices, bonds, futures, and the global 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, push notifications, email or webhook notifications and more, you’ll never miss a beat. Upgrade to the Pro version to get more alerts – up to 400 with the Premium plan!

The short version is that TradingView has everything you require to trade smartly and keep ahead of the market. From heatmaps and screeners to community resources and alerts, you’ll be equipped to be successful in the fast-paced market.

Trading on the Go

TradingView simplifies trading more than ever by allowing you to connect your trading platform with different brokerage platforms. It is possible to trade directly from within TradingView by using 12 brokerage connections via 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 test out new trading ideas and strategies with no risk. The simulator starts with a virtual account of $100,000, and you can alter the settings to fit your needs, whether that’s drawing lines or arrows to indicate open positions or seeing an inventory of orders that are open. The best part? You can reset your balance whenever you want.

TradingView Plans

TradingView offers plans for every trader and investor, starting at the Free Basic Plan, which gives you access to basic functions such as one chart, bar replay and 7 years of financial information. Upgrade to Pro for more powerful integrated tools for trading, without advertisements, and social network access. And for even more, Pro+ gives you access to more intraday chart types and custom spread formulas, and the ability to export data and employ additional indicators for each chart.

TradingView Free Basic Plan

The TradingView Basic Plan functions as the starter pack for the world of trading. All you need is an email address to start and you’ll be able to access basic tools like bars, charts, bar replays across different timeframes, as well as 7 decades of financial historical data. Plus, you’ll have access to the most important analysis tools such as auto Fib Retracements and multi-timeframe analysis. Be aware, however, that there will be advertisements in this program.

TradingView Pro

Are you ready to improve your trading abilities? A Pro-level plan could be where you’re at. You’ll be able to access better tools and features, no ads, and a whole community of traders to connect with. This plan allows you can open up to two charts at a time and save up to five chart layouts, utilize the bar replay across every time frame, and have access to the past 20 years’ worth of historic financial information. Additionally, you can utilize up to five indicators per chart, create custom trading indicator templates and use volume profile indicators, and set up to 20 alerts on price, strategies, drawings or indicators.

TradingView Pro+

Do you want to have more control over your charts and data? This Pro+ plan is for you. This plan gives you the capability to open up to 4 charts per tab, keep up to 10 layouts for charts as well as access to additional intraday chart types such as Renko, Kagi, Point & Figure, and Line Break. Additionally, you can export strategy data, use as many indicators on a chart and create as many alerts as you like, and many more.

TradingView Premium

The most comprehensive plan for the ultimate trader. If you choose the premium plan, you’ll get access to the entire features TradingView offers, including prioritizing support for the most important features, eight charts per tab, and unlimitable number of saved chart layouts. One of the most useful features is the seconds-based time intervals which is perfect to use for traders who trade on a daily basis. You can also use as many as 25 indicator per chart and set as many as 400 alerts for drawing, strategies as well as prices, indicators and drawings. In addition, you’ll be able to accessibility to social features of TradingView, like an exclusive badge next to your name, the capability to share invite-only indicators as well as protected scripts, video ideas as well as public suggestions, an option to sign your name and website.

TradingView Free vs Paid

The biggest differences between the paid and free plans is the ads, features and usage restrictions. In the free plan, you’ll have ads and only essential features. However, with paid plans, you’ll have access to more notifications, data, functions and social network features with no advertisements. You can also can’t forget how to do a fib retracement on tradingview.

Comparison TradingView Pro vs Premium

Are you wondering if it’s worth switching to the Premium plan or if it’s sufficient? This plan will be perfect for active traders and long-term data analysts since it offers access to all features in TradingView. It also includes time intervals that are based on seconds as well as unlimited chart layouts. 25 , indicators for each chart and first priority assistance. But, the Pro plan is an excellent alternative for people who are beginning their journey or don’t need all the extra features and accessibility.

TradingView Pricing

TradingView offers a variety choices in pricing that’s easy to understand. Start with the basic plan for free or upgrade to one of the paid options. The Pro plan begins with $14.95 per month, while the Pro+ plan is $29.95 each month while the Premium plan is $59.95 each month. You can save money by purchasing an annual plan. For instance the Pro plan is $155.40 for the year. while the Pro+ plan costs $299.40 each year while the Premium plan costs $599.40 annually. It’s equivalent to 2 months free!

Monthly Subscription

If you’re just beginning to learn about TradingView and want to try it out, the monthly subscription is a fantastic method to get a feel for the platform and ensure it’s the right fit for your needs. The pricing for each plan areas follows:

TradingView Basic: $0.00

TradingView Pro: $14.95

TradingView Pro+: $29.95

TradingView Premium: $59.95

Yearly Subscription

If you’re a seasoned trader who is aware you are confident that TradingView is the most suitable choice for you, then the annual subscription is the best way to choose. The cost is upfront, but you’ll get the benefit of a discount of 16% compared to the monthly plan. That’s like getting 2 months of service for absolutely nothing! The prices for each plan include:

TradingView Pro: $155.40

TradingView Pro+: $299.40

TradingView Premium: $599.40

Data Feeds, News and Market Data

TradingView provides free real-time data whenever possible. However, some exchanges require an annual fee for real-time tick data and only offer delayed data for free. For instance, with any TradingView subscription, you’ll be able to access free real-time US data on stocks from the Cboe BZX Exchange (formerly known as BATS exchange) which is responsible for about 10% of the overall market activity in the US stock market. If you’d like to view the entirety of trades, ticks and transactions, you’ll need to sign up to a variety of markets that have real-time data. 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 provides data feeds from 16 North-American, 31 European, 9 Middle East/African, 34 Asia/Pacific , and 9 Mexican/South American exchanges. Which are free of charge with real-time data while some have an affordable monthly cost. TradingView does not profit from these fees, they are collected as per regulations by the exchanges. It is important to note that paying for a TradingView plan is needed to sign up to live data feeds.

TradingView Review Summary

TradingView is a fantastic charting platform for anyone interested in technical analysis and research whether you’re just starting out or a seasoned trader. The platform is accessible via the internet and can be accessed on any device, and there’s a separate application available for iOS as well as Android. It’s among the top charting platforms available, but should you be looking for something that features a bit more advanced technology and a backtesting feature it’s worth a look into TrendSpider as well as Trade Ideas.

The no-cost TradingView version is an excellent method to get to know all the functions and features as long as you follow the directions provided in this article you can enjoy a 30% to 50% discount% after registering for the free version.