REVIEW: Navigating markets with TradingView
TradingView is one of the more talked about charting platforms for technical analysis and research for novice investors, trading beginners and active traders. It works as a web-based version on any device and comes in addition to a separate app for iOS and Android.
The biggest problem with deciding on what platform to use is that there is a lot of competition out there among charting platform providers.
A good charting platform will be intuitive and easy to use. It will be clean, it will be fast, it will be reliable, and it will be powerful. A great charting platform will be all of that and more – which TradingView’s social networking component has checked an extra box with.
First impressions
The TradingView homepage is clean, fuss free and minimalistic. A modern layout makes the interface look sleek and professional, which immediately strips away any insecurity you may have about using it. Colours are easy on the eyes, and the navigation seemed intuitive enough, even for someone who’s not exactly a tech wizard.
Signing up
Signing up for TradingView was a breeze. All you need to do is provide some basic information like your email address, create a username and password. No long forms or complicated verifications, which was a relief. The whole process took just a couple of minutes, and its straightforwardness is another huge plus point.
A deep dive into available plans
Trading view offers a total of 7 plan options, including both the free version and 3 professional options.
If you upgrade to a paid TradingView plan, you’ll get access to a slew of additional features depending on which tier you choose. One way TradingView differentiates between plans is by imposing limitations, so here’s how they break down.
Essential Plan
The TradingView Essential Plan is the lowest tier paid plan. You’ll get access to the features above with some limitations:
- 2 charts per tab
- 5 indicators per chart
- 10K historical bars
- 20 price alerts
- 20 technical alerts
- 10 parallel chart connections
You’ll also see no ads and get access to these TradingView features that aren’t accessible with the Basic Plan:
- Volume profile
- Custom timeframes
- Custom range bars
- Multiple watchlists
- Bar replay
- Indicators on indicators
Plus Plan
The TradingView Plus Plan is the mid-tier paid option. You’ll get access to all features included with the Essential Plan, plus:
- Intraday Renko, Kagi, Line Break, Point & Figure charts
