Over the years, TradingView has gained massive adoption from the entire trading community. If you’re considering joining the platform’s large user base but want a detailed walkthrough of what it entails, you’re in luck. In this TradingView review, we’ll closely examine its features, pricing, and drawbacks to help inform your decision.

As a web-based platform, tradingview offers investors and traders a comprehensive suite of tools for researching trading opportunities and analyzing the stock market. Its real-time market information, charting tools, and trading community enable users to exchange ideas, plans, and technical analysis.

TradingView is primarily made for investors and traders interested in researching financial markets and making trading selections. TradingView is perfect for investors and traders of all experience levels, from novices to seasoned pros, searching for a platform that offers cutting-edge charting tools, real-time market data, and a social network for traders.

Both new and seasoned traders will find TradingView’s user-friendly interface and intuitive design simple to use. It is also appropriate for developers utilizing TradingView’s API integration to create unique financial applications and services.

What are TradingView’s Main Features?

TradingView offers numerous features for traders. Below is a summary of some of its main features:

Charting

One of TradingView’s most notable features is its charting tools. The platform provides a variety of chart types, including line, bar, and candlestick charts, as well as the option to design your custom charts. Users can also add technical indicators to their charts to discover trends and make wise trading decisions, such as moving averages, Bollinger Bands, and RSI.

Pine Script

TradingView created Pine Script, a user-friendly proprietary scripting language that enables traders to build bespoke indicators and trading strategies using price information, technical indicators, and mathematical operations. It is completely integrated with the TradingView platform and has an easy-to-learn, intuitive syntax. Pine Script is an effective tool for traders to test and improve their real-time strategies and share them with the TradingView community because it has excellent documentation and a vast community of developers contributing their knowledge and code.

Social network

TradingView’s social network is another noteworthy aspect. Users can remark on other traders’ ideas, follow them, and share their thoughts with the community. As a result, traders can work together to enhance their trading techniques and learn from one another.

Market information

TradingView provides real-time information on various asset types, such as stocks, options, futures, FX, and cryptocurrencies. It also offers news and economic calendars to keep up with market developments.

Trading simulation

TradingView offers a paper trading feature that enables users to test their trading strategies without risking real money. This can be a valuable tool for new traders who want to gain experience without risking their capital.

Alerts

Users of TradingView can also generate alerts based on changes in prices and indicators, which are delivered to their email or mobile device. This feature benefits traders who want to stay updated on market activity and respond promptly to price changes.

Screeners

Users can search for stocks and other financial instruments using TradingView’s screener tool based on various factors, including price, volume, and technical indicators.

Backtesting

TradingView’s backtesting tool enables users to test trading strategies against historical data to see how they would have performed in the past.

Education

To assist traders and investors in developing their abilities and expertise, TradingView provides educational tools, including articles, videos, and webinars.

Tradingview pricing

One of the most important factors to consider when evaluating TradingView is its pricing structure. From a basic plan that is entirely free to the more sophisticated Pro+ plan, TradingView offers a variety of price options. Users of the free basic plan have access to a limited number of features, such as up to three indicators per chart and one alert per indication. The free plan may need to be revised for more seasoned traders, but it is a fantastic place to start for novices or those just beginning to dabble with trading.

TradingView offers multiple subscription options, including Pro, Pro+, and Premium, for individuals that need more sophisticated capabilities. These plans provide several advantages, including additional indicators, more alerts, access to custom indicators, and more, ranging in price from $14.95 to $59.95 per month. Other features, including access to real-time news, trading signals, and sophisticated order types, are also included in the Pro+ and Premium programs.

Overall, TradingView’s price model is fair, striking a decent mix between access to sophisticated trading tools and affordability. The free plan is an excellent place to start for people who are new to trading or just beginning to experiment. In contrast, the subscription plans include several advantages for more seasoned traders who need more sophisticated capabilities. Even while the prices might not be ideal for everyone, they are reasonable and offer decent value for money for individuals who need access to more complex trading tools and data.

TradingView drawbacks

Limited access to some features: Some of TradingView’s features, such as alerts and automated trading, are only available to paid subscribers.

• Needs for more fundamental information: Because TradingView’s platform focuses exclusively on technical analysis, it needs comprehensive fundamental information and analysis capabilities.
• No direct market access: Because TradingView is not a broker, users cannot place trades directly from the platform. They must employ a different broker for trading. Most brokers, such as Oanda, have collaborated with TradingView to provide a better offering. 
• TradingView is a helpful tool for traders of all experience levels. It provides various sophisticated charting tools, a trading community, and the capacity to backtest and automate trading techniques, but it also has some restrictions on features and customization.

Bottom line

Tradingview offers various tools and customization options for traders and investors. The platform is a valuable tool for people wishing to research financial markets and create their trading methods because of its charting features, notifications, and social network. The subscription edition offers sophisticated capabilities and access to more data streams, while the free version only provides minimal functionality. TradingView is a fantastic choice for traders of all experience levels, thanks to its user-friendly design and educational tools.