TradingView(4.5 / 5)
TradingView is a powerful charting and analysis platform that brings together technical tools and a vibrant trading community. It offers an all-in-one experience for investors and traders, combining real-time data, customizable charts, and user-driven insights. With options for free access and flexible premium plans, TradingView makes it easy to explore markets, test strategies, and stay informed across a wide range of asset classes.
General Information
Launch Date: 2011
Download: Approx. 10 million (As of 2024)
Customers: Individual Traders and Investors, Financial Educators and Influencers, Technology and Fintech Companies, Media and Financial News Outlets, Developers and Quant Analysts
Platform Supports: Android, iOS, web, Windows and macOS
Download: Click Here
Main Features of TradingView:
1. TradingView offers customizable charting with 20+ chart types, 400+ indicators, and over 110 drawing tools.
2. It includes screeners and heatmaps to filter assets by metrics and visualize trends across different market sectors.
3. Users can create watchlists and set real-time alerts for price changes, indicators, and technical pattern triggers.
4. The Bar Replay feature allows traders to simulate past price movements and test strategies in a realistic environment.
5. TradingView’s community enables users to share market ideas, explore public strategies, and access thousands of custom-built indicators with ease.
Pros of TradingView:
1. Provides professional-level charting tools with advanced customization for technical analysis across various trading strategies and styles.
2. Signing up is quick and simple, with immediate access to core features through the free basic plan.
3. Features a supportive trading community where users share strategies, insights, and custom indicators to enhance learning and collaboration.
4. Enables direct trading through integrated broker support, allowing seamless order execution straight from the chart interface.
5. Supports multiple asset classes, including stocks, cryptocurrencies, forex, and more, for comprehensive market coverage in one platform.
Cons of TradingView:
1. The free version features ads and limits you to basic charting options and multichart layouts.
2. In the free version, upgrade notifications often appear, regardless of how many times you click "upgrade later." When trading, this pop-up can be disruptive when navigating charts or using any of the platform tools; it comes across as an annoyance.
3. New users or those with less experience may find the platform overwhelming due to its feature-rich nature.
4. There are in-platform tutorials and tool guidance, but they are not very extensive, making it less user-friendly for learning purposes when it comes to advanced functions.
5. Users will find that professional-level subscriptions do not offer a free trial period to test before paying for their subscription, and are pretty expensive.
TradingView application Subscription Information:
TradingView offers a free plan that provides basic charting tools (no credit card required), with paid plans starting at Rs. 995/month, all of which include a 30-day free trial period.
There are two plans, Essential and Plus (Rs. 995 - Rs. 1,995/month), that provide a good beginner or active trader experience. The features include up to 4 charts per tab, 10 indicators per chart, and 100 alerts.
The Premium (Rs. 3,995/month) and Expert (Rs. 8,666/month) plans are designed for professional users, providing up to 10 charts per tab, 600 alerts, no expiration alerts, and first-priority support.
The subscription levels vary based on chart capacity, the number of indicators allowed, alert limits, and historical data; users can save considerable money with an annual billing option if they are willing to commit to the long term.
Support Options for TradingView:
Help Centre: TradingView’s Help Centre is home to tutorials, guides, and videos that make it easy to get to grips with the platform's charting tools, indicators, alerts, and other functions.
Customer Support: TradingView offers ticket support to customers, with plans to enhance the response time for premium users. This ticketing system enables customers to resolve technical issues, account problems, and feature-related questions efficiently.
Conclusion:
TradingView is an impressive and comprehensive platform for both new and established traders. The platform is one which combines advanced charting tools, real-time data feeds, customizable alerts and a robust, social community within one cohesive experience. The flexible pricing, broker integration, feature-packed storage, and a responsive charting layout make it everything you need to analyze, strategize, and succeed in the financial markets.