Why do traders use TradingView? (2024)

Why do traders use TradingView?

TradingView is the best charting platform on the market. It's fast, powerful, reliable, and extremely easy to use. That's why it's used by more than 50 million traders worldwide.

Do professional traders use TradingView?

The short answer is yes. Its chart types, drawing tools, and watchlist functionalities have made it a favorite among day traders. All to help traders. Volume profile indicators and server-side alerts add to the functionality.

What is the greedy strategy in TradingView?

The Greedy Strategy was created to take advantage of gaps in either direction. It then accelerates into those gaps by playing momentum to the upside or downside.

Can TradingView be trusted?

"TradingView is a powerful technical analysis tool for both novice and experienced investor &traders." What do you like best about TradingView? It is reliable, comprehensive, and has most of what you need day-to-day when trading.

Which platform do professional traders use?

IC Markets' clients have access to a good range of professional platforms – MT4, MT5, and the cTrader platforms. All of these provide excellent charting tools and indicators and can run algorithmic trading strategies 24/7 using the IC Markets VPS service.

What is better than TradingView?

Other important factors to consider when researching alternatives to TradingView include price and features. We have compiled a list of solutions that reviewers voted as the best overall alternatives and competitors to TradingView, including eToro, MetaTrader 5, Binance Broker, and E*Trade Web Platform.

Is TradingView better than thinkorswim?

Both platforms offer powerful charting capabilities and a wide range of indicators. TradingView has over 100 indicators while Thinkorswim boasts over 400. Some key differences: TradingView has more flexible timeframes, with 1-minute bars available on all accounts.

Is stock charts better than TradingView?

Which is better StockCharts or TradingView? Based on features, pricing, market coverage and data quality, TradingView is considered the better platform overall, especially for active traders that require real-time data, charts and trading tools for global markets.

How many traders use TradingView?

We're TradingView, a charting platform and social network used by 50M+ traders and investors worldwide to spot opportunities across global markets.

What are the top 3 indicators in TradingView?

The 3 Best TradingView Indicators to Improve Your Trading
  • 1- ARMAGEDDON 2 by Bullish way team. This indicator shows you the floor and ceiling of the market accurately. ...
  • 2-Ichimoku Clouds. ...
  • 3-Auto Fib Retracement.
Nov 22, 2023

Can you really make money from TradingView?

You bet! TradingView launched a pilot program that rewards the author of each publication that gets chosen by our seasoned team of editors, for our Editors' Picks sections for ideas and scripts.

Is TradingView the best trading platform?

TradingView stands as a comprehensive charting platform trusted by more than 30 million traders. Originally designed for stocks and ETFs, it has expanded its coverage to include cryptocurrencies, financial derivatives like futures and CFDs, and more.

Why is TradingView showing wrong price?

If your chart is set to Heikin Ashi, the price shown on the chart might differ from the price that is displayed in the watch list. This is due to the Heikin Ashi formula, as in this case the price is not the same as on ordinary candles chart.

How much money do day traders with $10000 accounts make per day on average?

With a $10,000 account, a good day might bring in a five percent gain, which is $500. However, day traders also need to consider fixed costs such as commissions charged by brokers. These commissions can eat into profits, and day traders need to earn enough to overcome these fees [2].

Which trading is most profitable?

The defining feature of day trading is that traders do not hold positions overnight; instead, they seek to profit from short-term price movements occurring during the trading session.It can be considered one of the most profitable trading methods available to investors.

What is the number one trading platform?

Best brokerage accounts for online trading compared 2024
BrokerBest forPromotion
Fidelity InvestmentsOverall tradingGet $100 when you open a new account with $50 or more.
E-TradeMobile appN/A
TD AmeritradeInvestor educationN/A
Charles SchwabLong-term investingN/A
9 more rows

Why is TradingView so popular?

All in all, TradingView is a powerful platform that can give investors and traders the tools they need to succeed. With easy-to-use charting tools, real-time data and powerful market insights, it's no surprise that it has become one of the best platforms for many traders out there.

Who is the competitor of TradingView?

TradingView's top competitors include TakeProfit, StockViva, and Aurox. TakeProfit is a company focused on providing a community-driven research platform in the financial trading industry.

Is there another site like TradingView?

Koyfin is the TradingView alternative. Koyfin's powerful financial analysis tools, customizable charts, and flexible pricing options make it a top choice for investors seeking an alternative to TradingView.

Is TradingView good for day trading?

If you're still wondering, “Is TradingView good for day trading?”, here's your answer: Yes it is. It's trusted by more than 30 million traders because no one can find anything they don't like about TradingView.

Is NinjaTrader better than TradingView?

TL;DR: TradingView is easier to get started because there is nothing to install or setup, NinjaTrader will have an all-in-one solution to all of your futures trading and is so much more configurable and with really nice advanced features. TradingView provides charts - and because of that they are not a brokerage.

Who is the most popular broker with TradingView?

Popularity of the brokers for TradingView
  • Ally Invest.
  • Webull.
  • Forex.com.
  • Optimus Futures.
  • TradeStation.
  • Zacks Trade.
  • AMP Futures.

Why MT4 is better than TradingView?

Both platforms grant direct access to financial markets through a forex broker and provide advanced trading tools. TradingView is a powerful charting platform and social network for traders. MetaTrader 4 has a strong algorithmic trading focus with reliable execution.

What is the most used trading chart?

Arguably the most popular type of chart, a pie chart is a circular graph that visualizes a part-to-whole relationship. It shows how the data is divided into categories with a certain value (the slices), but it always keeps the link between the value of one category and the total sum of those categories (the pie).

Who is the owner of TradingView?

TradingView was founded in 2011 by Konstantin Ivanov (CTO), Denis Globa (CEO) and Stan Bokov (COO). TradingView is headquartered in New York and has its European market headquarters in London.

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