Skip to content

How To Use The Strategy Tester In Tradingview

  • Uncategorised

TradingView is the ultimate tool for investors and traders looking to elevate their game beyond the norm. With more than 30 million active monthly users it’s the most popular option for serious traders and investors. But is worth the investment? Absolutely! Our review will give you the inside scoop on all the awesome capacities and functions. The greatest part? We’ll show you how utilize TradingView for free and save up to 50% on paid plans.

Score a Deal

Are you looking to download the TradingView software for no cost and receive an extra 50% off? It’s easy! Click here to sign up for a free account. After that, click “Get Started” at the top right, scroll down, and select “Try Free Basic.” Enter your email, choose your username and password, then click the link within the email confirmation to activate your account. This is the perfect method to sign up and gain access to a variety of options:

Option A Upgrade to a paid plan like Pro Premium, Pro+, or Pro and get an immediate discount of 30-50 percent. You can test all the features for 30 days prior to when you get the bill.

Option B: Choose to stick with the free plan and explore all the features before deciding whether you wish to upgrade in the future.

Features Galore

TradingView has some of the the most complete features of any trading, investing, or analytics platform. With the Basic plan, which is free Basic Plan, you’ll have access to a variety of options, but upgrading to a paid plan like Pro, Pro+ or Premium will give you access to multiple charts with custom time intervals, real-time market data, multiple timeframes, data exports as well as advanced types of charts. Additionally, you’ll be able to accessibility to longer trading hours as well as customized scanning, as well as a community of traders to help you. TradingView is offered as a browser-based version, desktop software, and mobile application, meaning traders can trade from anywhere and at any time. Don’t miss out on all the wonderful features TradingView provides!

A World of Charts Awaits

TradingView is your one-stop-shop for all things charting and analysis. With its extensive tools and advanced analysis capabilities, you’ll have everything you require to trade like a professional. With the option to switch between dark and light mode, and the powerful drawing tools will allow you to visualize the data in a way that works best for you.

Free vs. Premium

In TradingView Basic, you can open just one chart at a time. However, if you upgrade to TradingView Premium, you can open up to 8 charts at once, each with different stock symbols as well as time frames and indicators. Premium and Pro subscribers can even export data from charts, establish custom time intervals and trade directly from charts. If you’re looking to improve your trading experience trading, you can use the TradingView Desktop platform offers even more power, speed, and flexibility, with the ability to support multi-monitors in native mode.

Chart Types Galore

No matter what type of chart you prefer, TradingView has got you covered with options like bars, candles, and hollow charts, columns, lines areas, lines and more. Plus, you can choose from a variety of time frames, ranging from 1-second to monthly. Professional, Premium and Pro subscribers can define their own time intervals.

Drawing and Indicator tools

The tool has more than 90 draw tools and hundreds of indicators to pick from You’ll have everything you need to take informed trades. From standard indicators like moving averages, volume indicators, and even options for custom-coding, TradingView has more indicators than any other comparable analytical tool.

Fundamental Data

One of the most notable features of TradingView is its ability to show fundamental information such as balance sheets, income statements and cash flow metrics directly on a chart. This way, you can quickly see how the market performed after earnings announcements, news from companies, and more.

Find Your Perfect Trade using Screeners

TradingView offers everything you need to make the most profitable trades that include forex, stock cryptocurrency screeners, and forex. By clicking a button and you’ll be able to search markets for top performers, dividends, value margins, dividends, and much more. You can also set alerts and filters and export the data for use in other ways outside of the platform.

Heat Up Your Trades

The stock and crypto heatmaps can be extremely useful to show the largest gainers and losers. You can also filter by the market capitalization, daily volume, and other financial figures. And with options like the most powerful up-and down gappers, most volatile stocks, and the relative volume ratios and more, you’ll have the information needed to make informed trades.

Join the Community

With more than 30 million monthly users, TradingView’s community is awash with traders, investors and financial professionals. Whether you’re a beginner or a seasoned pro, you’ll find valuable sources like trade ideas, educational channels and customized scripts.

Stay Informed

TradingView’s Snaps feature keeps you up-to-date with the latest market news from both popular and user-generated media outlets like Reuters, InvestorPlace, and Seeking Alpha. With its News Flow feature you’ll be on top of the latest developments in the world of the world of crypto, stocks indexes, forex, indices bonds, futures, and the global economy.

Get Alerted

TradingView makes it easy to set price alerts for your favorite stocks. With options for email-to SMS and pop-ups as well as audio signals, push notifications, email or webhook notifications that you won’t be late. Upgrade to the Pro version for additional alerts, up to 400 with the Premium plan!

In short, TradingView has everything you need to make smart trades and remain ahead of the curve. From heatmaps and screens to alerts and community resources you’ll have everything you need to succeed in the fast-paced business world.

Trading on the Go

TradingView simplifies trading more than ever before, by allowing users to connect your platform to different brokerage platforms. It is possible to trade directly from within TradingView with the help of 12 brokerage connections using API that includes Interactive Brokers, TradeStation, Eightcap, Pepperstone, Capital.com, OANDA, Tradovate, easyMarkets, FOREX.com, WH SelfInvest, FXCM, and SAXO.

Practice Makes Perfect

TradingView provides a paper-based trading simulator, allowing you to try out new ideas for trading and strategies without any risk. It starts with a virtual account of $100,000. You can alter the settings to suit your needs, whether that’s visualizing arrows or lines for open positions, or seeing a list available orders. And the most important thing? You can reset the balance any time you’d like.

TradingView Plans

TradingView offers a plan that is suitable for everyone who trades and invests beginning with the Free Basic Plan, which gives you access to basic functions like one chart, bar replay and seven years of financial data. Upgrade to Pro to gain more advanced integrated trading tools, no adsand social media access. Plus, Pro+ gives you access to different types of intraday charts, custom formulas for spreads and also the ability to export data and employ more indicators on a chart.

TradingView Free Basic Plan

This TradingView Basic Plan functions as the beginning pack to trading. All you need is an email address to start and you’ll be able to access basic tools such as charts, bar replay on different timeframes, and seven year’s worth of data on historical finance. In addition, you’ll have access to the most important analysis tools such as auto Fib Retracements, as well as multi-timeframe analysis. Be aware, however, that there’ll be advertisements included in this plan.

TradingView Pro

Are you ready to improve your trading game? This plan for Pro traders is where you’re at. You’ll be able to access better tools and features, no ads, and a whole group of traders to interact with. This plan allows you’ll be able to open two charts in a tab you can save up to 5 chart layouts, use the bar replay on every time frame, and have access to 20 years of historical financial information. Additionally, you can utilize 5 indicators on a chart, design customized trading indicators, use volume profile indicators, and create as many as 20 notifications on pricing, strategies, drawing or indicators.

TradingView Pro+

Do you want to have more control over your charts and data? The Pro+ plan is for you. The plan offers the ability to open up to four charts on each tab and keep up to 10 chart layouts, and access to more intraday chart types such as Renko, Kagi, Point & Figure and Line Break. Additionally you can export your strategy data, use as many indicators on a chart and set as many alerts as you like and much more.

TradingView Premium

The ultimate plan for the most experienced trader. With the Premium plan, you’ll gain access to the entire features TradingView has to offer, prioritizing support for the most important features, eight charts per tab and unlimitable number of chart layouts that you can save. One of the greatest features is the seconds-based time intervals which is perfect when trading on the day. It also allows you to use as many as 25 indicator per chart, and set up up to 400 alerts on drawing, strategies, indicators and prices. Additionally, you’ll gain access to the social features of TradingView, such as the exclusive badge on your name, the capability to publish invite-only indicators and secure scripts as well as videos. ideas, public ideas, and an option to sign your name and website.

TradingView Free vs Paid

The biggest differences between the free and paid plans are the ads, features and usage limitations. With the free plan, you’ll only have ads and important features. But, with the paid plans, you’ll get access to much more features, alerts, and data and social network features free of ads. You can also can’t forget how to use the strategy tester in tradingview.

Comparison TradingView Pro vs Premium

Wondering if it’s worth upgrading into the premium plan or whether it’s good enough? This plan will be great for traders who are active as well as long-term data analysts since it provides access to everything in TradingView. It includes time intervals based on seconds as well as unlimited chart layouts. 25 indicators per chart, and first priority support. But, the Pro plan is a great option for those new to the field or do not require all the additional features and access.

TradingView Pricing

TradingView provides a variety choices in pricing that’s easy to comprehend. You can start with the Basic plan or upgrade to one of the paid options. The Pro plan starts with $14.95 per month, the Pro+ plan costs $29.95 each month and the Premium plan is $59.95 each month. You could also save money by signing up for an annual subscription. For example the Pro plan is $155.40 per year, while the Pro+ plan costs $299.40 each year and the Premium plan costs $599.40 annually. It’s equivalent to 2 months of free time!

Monthly Subscription

If you’re just beginning to learn about TradingView and want to try it out, the monthly subscription is a great method to get a feel for the platform and determine if it’s the best fit for your needs. The costs for the different plans 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 who knows that TradingView is the most suitable choice for you, then the annual subscription is the best way to go. You’ll pay upfront, but you’ll get an 16% discount when over the monthly subscription. This is like getting two months for free! 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 offers real-time data for free whenever it is possible. However, some exchanges require the payment of a monthly fee to access real-time tick data , and they only provide delayed data at no cost. For instance, with any TradingView account, subscribers will receive free real-time US stock data from the Cboe BZX Exchange (formerly known as BATS exchange) which handles about 10% of trading activity on the US market for stocks. If you’d like to be able to see the complete history of all trades, ticks and transactions, you’ll need to sign up to a variety of live market information feeds. The monthly cost for real-time data feeds:

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 Eastern/African and 34 Asia/Pacific and nine Mexico/South American exchanges. which some of them are free of charge with real-time data. Others have the option of a monthly fee that is low. TradingView doesn’t profit from these fees, they are collected as in accordance with the rules of exchanges. Be aware that the fact that a paid TradingView plan is needed to sign up to live data feeds.

TradingView Review Summary

TradingView is a fantastic charting tool for anyone interested in research and analysis, whether you’re a beginner or an experienced trader. The platform is accessible via the internet and can be accessed from any device, and it also has an app available for iOS and Android. It’s one of the best charts available, but If you’re seeking something that has an advanced tech as well as a backtesting component it’s worth a check out TrendSpider and Trade Ideas.

The free TradingView version is an excellent way to explore all the features and functionalities as long as you follow the instructions provided in this article you can enjoy a 30% to 50% discount percent after signing up to try the free version.