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Strategy Tester Tradingview Chart Explained

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TradingView is the best tool for traders and investors looking to take their game beyond the norm. With more than 30 million users per 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 incredible capacities and functions. The most important thing? We’ll teach you how to use TradingView for free and get up to 50% savings for paid subscriptions.

Score a Deal

Do you want to try tradingview pro for free and get an extra 50% off? It’s easy! Simply click here to sign-up for an account for free. Click “Get Started” at the top right hand corner, scroll down, and then choose “Try Free Basic.” Enter your email, select a username and password, then click the link in the email confirmation to activate your account. This is the perfect method to sign up and access a range of options:

Option A Upgrade to a paid plan like Pro, Pro+ or Premium and enjoy a discounted price of 30-50 percentage. You are able to test all features for 30 days prior to when you are charged.

Option B: Stay to the free plan and try out the various features before deciding whether you would like to upgrade later.

Features Galore

TradingView has some of the the most complete features of any investing, trading, or analysis platform. When you subscribe to the Basic plan, which is free Basic plan, you’ll get access to a variety of options, but upgrading to a paid-for plan like Pro, Pro+ or Premium gives you access to multiple charts and custom time intervals real-time market data, several timeframes, data exports, as well as advanced types of charts. Additionally, you’ll be able to access to extended trading hours, customized scanning, as well as a community of traders to help you. TradingView is available as an online version as well as a desktop application and mobile application, meaning traders can trade from anywhere and at any time. Don’t miss out on the wonderful features TradingView has to offer!

A World of Charts Awaits

TradingView is your one-stop-shop for all things charts and technical analysis. With comprehensive tools and extensive analysis capabilities, you’ll have everything you need to trade like an pro. In addition, with the ability to change between dark and light mode, and the powerful drawing tools that allow you to visualize data in a way that works best for you.

Free vs. Premium

With TradingView Basic, you can open just one chart at a given time. But if the upgrade is to TradingView Premium, you can access up to 8 charts simultaneously per screen, each featuring various symbolisms for stocks as well as time frames and indicators. Premium and Premium subscribers can even export the chart’s data to create specific time intervals, and trade directly from a chart. And if you really want to get better, TradingView Desktop TradingView Desktop platform offers even more power, speed, and flexibility, with support for multi-monitors natively.

Chart Types Galore

Whatever type of chart you like, TradingView has got you covered with options such as bars, candles, and hollow charts as well as lines, columns areas, and much more. You can also pick from a range of timeframes, ranging from 1-second to monthly. Professional, Premium and Pro subscribers are able to set their own time intervals.

Drawing and Indicator tools

More than 90 drawing instruments as well as thousands of indicator options to choose from You’ll have everything you need to make informed trades. From basic indicators like moving averages to volume indicators, and even custom coding options, TradingView has more indicators than any other comparable analysis tool for technical analysis.

Fundamental Data

One of the most notable features of TradingView is the ability to visualize fundamental data like income statements, balance sheets and cash flow metrics directly on a chart. This lets you quickly assess how the market has performed following earnings announcements, company news and more.

Find Your Perfect Trade using Screeners

TradingView provides everything you require to make the best trade decisions that include forex, stock cryptocurrency screeners, and forex. With a single click and you’ll be able to search the market for the best performers, value, dividends, margins, and more. Additionally, you can create filters and alerts as well as export the information to be used outside the platform.

Heat Up Your Trades

The heatmaps for crypto and stocks are an excellent way to visualize the biggest gainers and decliners. You can filter them by the market volume, daily volume, and other financial numbers. With options such as the largest up-and down gappers, the most volatile stocks, as well as relative volume ratios and more, you’ll have the data you need to make smart trades.

Join the Community

With more than 30 million monthly users, the TradingView community is packed with investors, traders and financial professionals. Whether you’re a beginner or an experienced pro, you’ll find valuable sources like trade ideas, educational streams as well as custom scripts.

Stay Informed

TradingView’s Snaps feature will keep you informed with the latest market information from popular media outlets like Reuters, InvestorPlace, and Seeking Alpha. In addition, with its News Flow feature it will keep you in the know about the latest trends in stocks, crypto indexes, forex, indices bonds, futures and the global economy.

Get Alerted

TradingView makes it simple to create price alerts for your top stocks. With options for SMS-to-email pop-ups, audio signals, pop-ups, push notifications, email or webhook alerts that you won’t miss a beat. Make the switch to the Pro version to get even more alerts – up to 400 with the Premium plan!

Shortly, TradingView offers everything that you require to make intelligent trades and keep ahead of the market. From heatmaps and screens to community resources and alerts, you’ll be equipped to be successful in the fast-paced business world.

Trading on the Go

TradingView allows trading to be more simple than ever by allowing you to connect your trading platform with different brokerage platforms. It is possible to trade directly from within TradingView with the help of 12 brokerage connections via 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 trading simulator that lets you test out new trading ideas and strategies with no risk. It starts with a virtual account of $100,000. You can alter the settings to fit your preferences, such as visualizing arrows or lines for open positions, or looking at a list available orders. And the greatest part? You can reset the balance any time you’d like.

TradingView Plans

TradingView offers plans for every trader and investor beginning at the Free Basic Plan, which provides basic features such as one chart, bar replay and seven years of financial data. Upgrade to Pro to gain more advanced integrated trading tools, with no ads, and social network access. And for even more, Pro+ gives you access to more intraday chart types, custom formulas for spreads as well as the capability to export data and use more indicators on a chart.

TradingView Free Basic Plan

The TradingView Basic Plan is the beginning pack to trading. All you require is an email address to start and you’ll get access to basic tools such as bars, charts, bar replays across different timeframes, as well as 7 years of historical financial data. Additionally, you’ll be able to access to crucial analysis tools such as auto Fib Retracements and multi-timeframe analysis. But keep in mind, there’ll be advertisements included in this plan.

TradingView Pro

Ready to step up your trading game? The Pro plan is what it’s at. You’ll have access to even more powerful tools, no advertisements, and a huge community of traders to connect with. With this plan, you’ll be allowed to open two charts in a tab you can save up to 5 chart layouts, make use of the bar replay for all time frames and gain access to twenty years worth of financial historical information. Additionally, you can utilize up to 5 indicators per chart, build custom trading indicator templates, use volume indicator profiles, and set as many as 20 notifications on pricing, strategies, drawing or indicators.

TradingView Pro+

Want even greater control of your data and charts? This Pro+ plan is for you. This plan gives you the option of opening up to 4 charts per tab as well as keep up to 10 layouts for charts and has access to more intraday chart types such as Renko, Kagi, Point & Figure, and Line Break. Plus you can export your strategy information, apply up to 10 indicators per chart, create at least 100 alarms, and much more.

TradingView Premium

The ultimate plan for the most experienced trader. The Premium Plan lets you have access to all the features TradingView has to offer, the first-priority support feature, eight charts per tab, and the ability to store unlimited numbers of saved chart layouts. One of the most useful features is the second-based time intervals which is perfect when trading on the day. It also allows you to use more than 25 indicators per chart and create the possibility of up to 400 alerts on drawing, strategies, indicators and prices. Plus, you’ll have access to all the social features of TradingView, such as an exclusive badge next to your name, the ability to share invite-only indicators as well as protected scripts, video ideas including public suggestions and an option to sign your name and website.

TradingView Free vs Paid

The most significant differences between paid and free plans is the features, ads and usage limitations. In the free plan, you’ll only have ads and the essential features. With the premium plans you’ll get access to more features, alerts, and data and social network features free of advertisements. You can also can’t forget strategy tester tradingview chart explained.

Comparison TradingView Pro vs Premium

Wondering if it’s worth switching into the premium plan or if it’s adequate? It’s great for active traders and long-term data analysts because it offers access to all features within TradingView. It includes time intervals based on seconds and unlimited chart layouts, the ability to use 25 different indicators on a chart and first priority support. However, the Pro plan is an excellent alternative for people who are beginning their journey or do not require all the additional options and features.

TradingView Pricing

TradingView offers a variety of pricing options that are easy to comprehend. You can begin with the basic plan for free then upgrade your plan to one of its paid plans. The Pro plan begins at $14.95 per month, while the Pro+ plan costs $29.95 monthly, while the Premium plan is $59.95 monthly. You can save money by enrolling in an annual membership. For example the Pro plan is $155.40 per year, the Pro+ plan costs $299.40 per year, while the Premium plan is $599.40 each year. It’s equivalent to 2 months for free!

Monthly Subscription

If you’re new to TradingView and want to try it out, the monthly subscription is a great way to test out the platform and ensure it’s the right option for your requirements. The pricing for the different plans areas follows:

TradingView Basic: $0.00

TradingView Pro: $14.95

TradingView Pro+: $29.95

TradingView Premium: $59.95

Yearly Subscription

If you’re an experienced trader who knows the fact that TradingView is the right option for you, the annual subscription is the best way to take. You’ll pay upfront, but you’ll enjoy an 16% discount when compared to the monthly plan. That’s like getting 2 months of service for absolutely nothing! Prices for each plan are:

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. Some exchanges, however, require an annual fee for real-time tick data and only provide delayed data at no cost. For example, with any TradingView membership, users will get free real-time US data on stocks through Cboe BZX Exchange. Cboe BZX Exchange (formerly known as BATS exchange) that handles around 10% of all market activity in the US market for stocks. If you’d like to view the complete history of all transactions, ticks, and transactions, you’ll need to subscribe to various real-time market data feeds. These are the monthly fees for real-time data feeds:

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 Asia/Pacific and 9 Mexican/South American exchanges. Some of them provide free real-time data, while others charge a an affordable monthly cost. TradingView isn’t a profit-maker from these fees and 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 an excellent charting platform that is ideal for anyone who is interested in the study and analysis of technical aspects regardless of whether you’re a novice or an experienced trader. The platform is web-based and is accessible on any device, and there’s also a separate app available for iOS as well as Android. It’s among the top charts available, but should you be seeking something that has an advanced tech as well as a backtesting component it’s worth a check out TrendSpider and Trade Ideas.

The no-cost TradingView version is an excellent method to get to know all the features and functions as long as you follow the steps in the article, you will get a discount of 30%-50 percent when you sign up for the free version.