Finance

Getting Started with TradingView: A Beginner’s Guide

TradingView is a web-based platform that provides charting and technical analysis tools for traders of all levels. Whether you’re a beginner or an experienced trader, TradingView has something for you. In this beginner’s guide, we’ll take you through everything you need to know to get started with TradingView.

Sign Up and Log In

To get started with TradingView, you need to sign up for an account. Head over to tradingview.com and click on “Sign Up” in the top right-hand corner. You can sign up using your email address, Google account, or Facebook account. You can try the best trading app in India

Once you’ve signed up, you can log in to TradingView using your email address or social media account. You’ll be taken to the TradingView dashboard, which is where you can access all of the platform’s features.

Explore the Interface

The TradingView interface can be a little overwhelming at first, but it’s relatively easy to navigate once you get the hang of it. There are four main areas of the TradingView interface:

  • The charting area
  • The sidebar
  • The toolbar
  • The bottom bar

The charting area is where you’ll spend most of your time on TradingView. It’s where you can view charts, apply technical indicators, and draw trendlines and other chart patterns.

The sidebar is where you can access all of TradingView’s features, including chart settings, indicators, and drawing tools. The toolbar is where you can switch between different chart types and timeframes, as well as access your watchlist and other features with the help of the best trading app in India.

The bottom bar is where you can view your account balance, open trades, and other account-related information.

Create a Watchlist

One of the first things you’ll want to do when you start using TradingView is to create a watchlist. A watchlist is a list of financial instruments that you’re interested in tracking. To create a watchlist, click on the “Watchlist” tab in the toolbar and then click on “Create New Watchlist.”

You can then add financial instruments to your watchlist by searching for them in the search bar. Once you’ve added instruments to your watchlist, you can view their charts and other information by clicking on their symbols in the watchlist consider downloading best trading app in India.

View Charts

The main feature of TradingView is its charting tools. To view a chart for a particular financial instrument, simply search for the instrument in the search bar and click on its symbol. You can then choose from a range of chart types, including line, bar, and candlestick charts.

Once you’ve selected your chart type, you can apply technical indicators by clicking on the “Indicators” button in the sidebar. You can also draw trendlines, support and resistance levels, and other chart patterns using the drawing tools in the sidebar.

Customize Your Charts

TradingView offers a range of customization options that allow you to tailor your charts to your individual preferences. For example, you can change the color scheme of your charts, add custom indicators, and adjust the timeframes.

To access the chart customization options, click on the “Settings” button in the sidebar. From there, you can adjust the chart properties, such as the background color, grid style, and font size.