TradingView is an incredible charting and analysis tool for day traders. With its clean and intuitive design, it’s considered one of the best charting platforms for day traders. It has all of the tools you need to analyze your trades, and it’s easy to use. Tradingview also has a mobile app so that you can view charts on the go.
Tradingview is a platform that allows you to set up your own chart. The platform is versatile and can be used to gain a variety of insights into different markets. it also provides users with a wealth of resources from a huge community of active traders.
Tradingview can help you monitor and analyze stocks and other financial instruments. It offers over 1000 indicators, drawing tools, and much more to help you make your trading decisions. In fact, with the addition of TradingView’s Backtester in their Pro Package, you can create and test trading systems against historical and real-time data.
The best part about TradingView is the Technical indicators which help the trader to determine the strength of the trend. You can find the list of the most popular technical indicators on the TradingView website. There are many indicators that provide trading signals. The most popular ones are MACD, RSI, Stochastic, Moving averages, Vwap, and Bollinger Bands. All these indicators are calculated by comparing the price of an asset with the price of the asset in the past. The indicators are used for determining the direction of the trend, finding the optimum entry and exit points, and for determining the best time to open a position. Technical indicators are built for different timeframes.