TradingView Platform: Overview and Advantages

Posted on 2023-04-21

TradingView is a web-based platform for traders and investors that provides real-time data and charts for various markets, including stocks, forex, cryptocurrencies, and more. The platform offers a range of features and tools for technical analysis, charting, and social networking.

Some of the key advantages of the TradingView platform include:

User-friendly interface: The platform has a clean, modern interface that is easy to use and navigate, even for beginners.

Customizable charts: Traders can customize the charts to suit their preferences, including different chart types, timeframes, and indicators.

Social community: TradingView has a large social community of traders and investors who share ideas, strategies, and analysis, making it a great resource for learning and collaboration.

Multiple markets: The platform covers a wide range of markets, including stocks, forex, cryptocurrencies, and more.

Mobile app: TradingView offers a mobile app that allows traders to access the platform on-the-go, enabling them to stay on top of their trades and analysis at all times.

However, there are also some potential drawbacks to using the TradingView platform, including:

Limited backtesting: The backtesting feature is only available for paid subscribers, which can be a limitation for traders who want to test their strategies before committing real capital.

Paid features: While the platform offers a lot of features for free, some of the more advanced features and data require a paid subscription.

Data latency: Some users have reported latency issues with the real-time data, which can be a problem for traders who rely on quick and accurate data.

Limited order execution: TradingView is primarily a charting and analysis platform, and while it offers basic trading functionality, it may not be the best option for traders who require more advanced order execution capabilities.

Looking to learn about forex? Take our crash courses at our Forex University. If you’re looking to setup a demo trading account then click here. Finally, if you’re looking for Forex Signals, Forex Portugal provides free & premium signals on-demand.

Found this article helpful?

[ 0 Out of 0 Found Helpful ]

Still no luck? we can help!

Submit a ticket and we’ll get back to you as soon as possible.

Support Chat Available
Account login is required to start, please login to your account to proceed.