by CI Staff
TradingView is an online technical analysis and charting website that allows users to learn and share trading ideas. The website also allows users to track their trading strategies using free real-time charts. The website opens in any major browser, including Internet Explorer, Safari, Mozilla Firefox and Google Chrome, which makes it compatible with both PCs and Macs.
TradingView holds several advantages over typical technical analysis and charting websites. In essence, TradingView is a blend of a technical anlaysis website and a social network. The main advantage is that you can create and instantly share your charts with any other member. Users are allowed to comment and vote on charts and can even “follow” other users.
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After signing up, the website provides users with free online storage for saving their personalized charts. Each created and saved chart has a unique link that can be used to share charts with whomever you choose. Using this personalized link, users can share their ideas with specific people, instead of publishing them openly so all can see.
To create a chart, simply click on charts at the top of the page. By default, the chart that is loaded is a candlestick price and volume chart. At the bottom of the page, you can view published ideas from other traders. You can sort these ideas by most popular trading strategies, newest published strategies, or trading strategies most similar to your own.
The charts are provided in “almost” real time. The candlestick charts update every minute. Users are able to customize the candlesticks to represent one minute through one week. There are a number of indicators that can be overlaid on the charts. In addition, the website allows users to draw lines, crosshairs, pitchforks, Fibonacci retracements and circles, and Gann squares and fans, to name just a few. Users can also draw arrows and Elliott indicators and write text and comments to share with other traders.
After you are finished charting, icons at the bottom left allow you to save and publish your chart. Users need to register with the website, which is free, in order to save. You may also sign in using your Google, Facebook, Yahoo!, LinkedIn, Twitter or Openid accounts.
Finally, TradingView allows users to embed their charts into any Web resource, including a personal website. These embedded charts will update in near–real time, and visitors to the website will have access to the updates. TradingView allows its users to embed the charts on as many websites as they want.