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Maximize your trading profits with TradingView

trading view platform
TradingView is an analytical platform for technical analysis on the foreign
exchange and other markets. TradingView service provides ample opportunities for
building and personalizing charts. Also the platform acts as a social network
for traders. We consider TradingView features in our review.

TradingView features and functionality
TradingView was launched in 2011. Within a short period of time, it has become
the most popular analytical service for currency traders. TradingView is also
very popular among stock traders. Today the audience of the platform is more
than 30 million users around the world.

The platform is presented in web-interface and as a desktop application.
TradingView Desktop supports Windows, macOS and Linux. TradingView gives users
access to charts, screeners, heatmaps and economic news. The TradingView
community includes trading ideas, scripts (technical analysis indicators and
strategies), public and private chats, and traders' broadcasts.

A trading panel for placing orders from charts is also integrated in
TradingView. Using the panel is available to customers of Paper Trading brokers
(TradingView broker) and Alor Broker.

Charts
The TradingView platform provides a wide range of charts for currency, stock and
others instruments. The flexibility of custom chart settings made TradingView
popular. The service's charts are intuitive for novice traders and meet the
needs of professionals.

TradingView charts features:
flexible price scale;
more than 50 tools for drawing;
more than 100 built-in technical indicators;
ruler;
weak/strong magnet mode;
fixation of drawing objects;
hiding drawing objects;
tool comparison;
analysis of separate timeframes;
automatic Fibonacci correction;
recognition of candlestick patterns;
out-of-session trading data;
data export.
TradingView implements line chart, bar chart, Japanese candlesticks, lag, area,
linear breakout, etc. A total of 12 chart types. Up to 8 charts in one tab.
Available indicator template and volume profile indicators.

Personalization of TradingView charts
The user can always customize the chart. By clicking the right mouse button in
the chart area, select the settings.

Go to "Settings", open the window with chart parameters.

Let's look at the main ones:

"Tool" - select the color of the candle body, its borders and wick;

"Status Bar" - selecting information about the traded asset, market status (open
or closed), opening price, high, low and close, bar change value, volume;

"Scales" - setting up the trackers on the right axis of the chart. Displaying
labels for instrument name, last symbol value, previous day's close prices, buy
and sell prices, countdown to bar close;

"Appearance" - setting the background, grid lines, font size;

"Trading". - setting up visual elements: buy/sell buttons, sound notifications
of executed and rejected orders, profit and loss display;

"Events" - displaying economic events on the chart.

In the upper panel of the chart you can select the trading instrument,
timeframe, graphical representation of the price (bars, candlesticks, bars,
etc.), indicators and alerts. All settings are saved when you exit the account.

The cost of TradingView - an overview of paid subscriptions
To get access to more of TradingView's features, you must purchase Pro, Pro+ and
Premium subscriptions. Subscription is payable monthly or per year. The first 30
days are free.

Pro subscription: $14.95 per month or $155.4 per year. Features:
Up to 5 indicators on one chart;
Up to 2 charts in one window;
20 alerts in the cloud;
no advertising;
volume profile indicators;
possibility of setting chart intervals;
improved lists of quotations;
market simulator on intraday bars
support of several monitors in Desktop application.

Pro+ subscription: $29.95/month or $299.4/year. Features:
Up to 10 indicators on one chart;
Up to 4 charts in one window;
100 alerts in the cloud;
10 saved charts;
Possibility to export data from the chart;
formula-based charts;
Possibility to calculate an indicator based on another indicator;
Exotic intraday chart types.

Premium subscription includes all TradingView features. Cost: $59.95/month or
$599.4/year. Features:
Up to 25 indicators on one chart;
up to 8 charts in one window;
400 cloud alerts;
Unlimited number of saved charts;
Possibility to set seconds intervals;
unlimited alerts;
4 times more data on charts;
publication of scripts with limited access.
You can find the full content of each subscription on the official website of
TradingView in the "Prices" section.
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