Tradingview Review 2023
Our Take
Tradingview is a popular real-time data charting tool for stock, crypto, and forex traders. I use Tradingview as my preferred stock charting software because it’s fast and easy to use. You can track any stock or crypto asset over time and display useful fundamental information or technical indicators to help you determine the best entry and exit points.
So what’s the catch? The downside is TradingView displays ads on free accounts that can popup randomly while you are viewing a chart. It can be really annoying if you use TradingView to record video tutorials for Youtube. You must pay for a premium account to remove all ads.
Overview
TradingView is a powerful fundamental & technical analysis charting tool for traders and investors. It’s also my preferred tool for displaying stock & crypto charts on my Youtube channel.
TradingView Pros and Cons
| Pros | Cons |
|---|---|
| Create stock, futures, forex, and crypto charts | Sometimes has trouble loading on slow internet connections |
| Track price movements smoothly in as low as 1 min intervals | Shows popup ads on all free accounts |
| Take screenshot of your chart |
Pricing
| Plan | Pricing |
|---|---|
| Basic (default plan) | Free |
| Pro | $14.95 per month |
| Pro+ | $29.95 per month |
| Premium | $59.95 per month |
TradingView offers 3 different account upgrades if you want to remove ads and unlock more features.
Upgrading to a paid plan will remove the annoying ads and unlock more features such as multiple charts in 1 window, more indicators per chart, and better customer support when you have an issue.
How Does TradingView Work?
TradingView has tons of useful features so we’ll cover them in-depth one by one
Charting
TradingView has some of the best free charting tools available on the internet for stocks & cryptocurrencies.
Just enter your desired symbol and you can pull up a chart for:
- Stocks
- Futures
- Forex
- Crypto
- Indices
- Bonds Economy
For example, let’s pull up the ticker symbol for Apple (AAPL).
TradingView lists the price action along with volume. You can perform many different actions to fine tune your charts including:
- Adjust the chart period from 1 day to all-time
- Compare AAPL with any other publicly traded stock
- Include popular indicators, strategies, and candlestick patterns
- Show financials including numbers from the income statement, balance sheet, and cash flow statement
- Show important stats such as market cap, total shares outstanding, float, etc
TradingView charts are editable and you can perform the following actions to help identify trading patterns:
- Draw trend lines and fib retracements
- Draw shapes such as rectangles and circles on your chart
- Add text to your chart
- Etc
Don’t like candlesticks? You can adjust the candles feature to show alternative line charts such as:
- Bars
- Columns
- Lines
- Area
- Baseline
- High low
- and several other line charting features
