TradingView Review – Social Network & Charts For Traders

tradingview review

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TradingView began as a provider of stock charts for traders but over the years has expanded to include stock screeners, an educational portal, and a social network where active traders can exchange ideas.

Unlike some old school charting services that seem a little outdated, TradingView is a highly polished stock market platform that features state of the art charts for equities, futures, currencies, contracts for difference, and indexes globally. It even features cryptocurrencies in its lineup.

Stock charts are jam-packed with useful tools to help evaluate trends including drawing tools, indicators, and overlays.

Best of all, TradingView comes with a free trial evaluation period and a low monthly price.

TradingView Review Spotlight

TRADINGVIEW SPOTLIGHT
tradingview logo

InvestorMint Rating

5 out of 5 stars

  • Promo: Free 30-Day Trial
  • Pricing: $9.95
  • Best Deal: 2-year purchase

via TradingView secure site

Is TradingView Right For You?

Active traders looking for top quality stock charts will find it hard to identify a better service than TradingView.

Whether you are looking for advanced charting capabilities to make more informed trading decisions, trading ideas to find the next opportunity, education to improve your financial acumen, or people to bounce ideas off of, TradingView has got you covered.

Even before paying a dime, you can access a ton of great information at no cost. But the downside for free users is regular ads interrupting your user experience.

Paying members get access to lightning fast HTML5 charts, real-time chats with other members, published ideas, and a workspace to save any charts you customize.

tradingview aapl charts

While active traders will be spoiled for choice with the vast functionality at TradingView, newbies may feel a little intimidated by the busy charts. But even then, it is possible to connect with the support team or other community members.

For investors who like to be hands-off, TradingView is probably not a good fit. It would be better to explore robo-advisors like Betterment or Personal Capital, who can manage your money using computer algorithms.

TradingView is ideal for traders who believe technical analysis can provide an edge in making better buy and sell decisions. And to help those traders achieve their aims, it provides an assortment of indicators and trend analysis tools.

Even fundamental analysts and macroeconomic investors will find valuable insights.

TradingView Features

Whether you are trading U.S., European, Asian, African, or Middle Eastern securities, TradingView has got you covered.

From stock screeners to heat maps, TradingView has it all.

Plus, it comes with a 30-day free trial and a very reasonable monthly price thereafter, especially if you are willing to commit to a 2-year payment.

Stock Screener
Forex Signal Finder
Cryptocurrency Signal Finder
Economic Calendar
Trading Ideas
Educational Wiki
Published Ideas
Real-time Social Chat
Heat Maps
Global Markets Coverage
Equities, Bonds, Currencies, Futures
TradingView App
HTML5 Charts
Free 30 Day Trial


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How TradingView Ideas Work

Whether currencies, stocks, indices, futures, cryptocurrencies, bonds, or CFDs are your thing, TradingView features ideas across all asset classes.

It provides a range of trend analysis tools, including:

  • Support and resistance
  • Supply and demand
  • Pivot points
  • Fibonacci
  • Trend lines
  • Candlestick analysis
  • Seasonality
  • Fractals
  • Cycles

Chartists and technical analysts can use TradingView to identify chart patterns like head and shoulders, wedges, double tops or bottoms, cup and handles, flags, pennants, rectangles, parallel channels, pitchforks, and triangles.

Standard indicators and overlays like oscillators, volatility, volume, moving averages, breadth indicators, and Bill Williams Indicators are available too.

Elliott Wave and Kondratieff Wave fans won’t be disappointed either. But TradingView goes further and includes additional wave analysis like Sine Waves, Wolfe Waves, and Neo Waves.

For advanced chartists, Gann Box, Gann Fan, and Gann Squares are available.

So too are harmonic patterns, including:

  • AB=CD
  • Three drives
  • Gartley
  • Bat
  • Butterfly
  • Crab
  • Cypher
  • 5-0
  • Shark

TradingView goes beyond standard charting to include additional valuable tools relating to risk management, macroeconomics, trading psychology, fundamental analysis, Chart Art, and Bullseye.

What Cryptocurrencies Are Available Via TradingView?

When you get started with TradingView free stock charts, you can view popular cryptocurrencies too.

Simply type in the crypto pair, such as BTCUSD, to see how bitcoin compares to the US dollar.

Or you can type into a search engine terms like:

  • Bitcoin tradingview
  • Tradingview BTCUSD
  • Tradingview XRP
  • XRP USD tradingview
  • ETH USD tradingview
  • Ethereum tradingview
  • Iota tradingview
  • Tradingview litecoin
  • LTCUSD tradingview
  • DASH USD tradingview
  • Monero
  • Ethereum classic

Beyond Bitcoin, Ethereum, Litecoin, and Ripple, many other cryptocurrencies are available on TradingView, which features cryptocurrencies pairs trading on major exchanges like Bittrex, Poloniex, and Kraken.

What Are TradingView Scripts?

TradingView features 5,000+ custom-built indicators and strategies, which are coded in the Pine programming language.

Among the many Scripts are the following:

Oscillators
  • Relative strength index (RSI)
  • Average directional index (ADI)
  • Stochastic oscillator
  • Chande momentum oscillator (CMO)
  • True strength index (TSI)
  • Ultimate oscillator (UO)
  • Stochastic RSI
  • Vortex indicator (VI)
  • Directional movement index (DMI)
  • DeMarket indicator (DeM)
Centered Oscillators
  • Moving average convergence divergence (MACD)
  • Commodity channel index (CCI)
  • Fisher transform
  • Momentum indicator (MOM)
  • Woodies CCI
  • TRIX
  • Detrended price oscillator (DPO)
  • Percent price oscillator (PPO)
  • Bears power
  • Know sure thing (KST)
Volatility
  • Average true range (ATR)
  • Bollinger bands (BB)
  • Rate of change (ROC)
  • Donchian channels
  • Keltner channels (KC)
  • Parabolic stop and reverse (PSAR)
  • Historical volatility
  • Standard deviation
  • Volatility stop
  • Chaikin volatility (CHV)
Trend Analysis
  • Ichimoku
  • Pivot points
  • Price/earnings ratio (P/E)
  • Support & resistance
  • Commitment of traders (COT)
  • Linear regression
  • Pring special K
  • Zig zag indicator
  • Candlestick analysis
  • Relative strength comparison (RSC)
Volume
  • Put/call ratio (PCR)
  • Volume indicator
  • Money flow index (MFI)
  • Chaikin money flow (CMF)
  • Volume profile
  • Volume weighted average price (VWAP)
  • Accumulation/distribution line (ADL)
  • Price volume trend (PVT)
  • Ease of movement (EOM)
  • Negative volume index (NVI)
Moving Average
  • Exponential moving average (EMA)
  • Weighted moving average (WMA)
  • Simple moving average (SMA)
  • Hull moving average (HMA)
  • Kaufman’s adaptive moving average (KAMA)
  • Smoothed moving average (SMMA)
  • Variable index dynamic average (VIDYA)
  • Volume-weighted moving average (VWMA)
  • Fractal adaptive moving average (FRAMA)
  • Double exponential moving average (DEMA)
Breadth Indicators
  • OnBalance volume (OBV)
  • McClellan oscillator
  • McClellan summation index
  • Advance/decline ratio
  • Cumulative volume index (CVI)
  • Arms Index (TRIN)
  • Advance/decline line
  • High/low index
  • Advance/decline volume line
Bill Williams Indicators
  • Awesome oscillator (AO)
  • Williams fractal
  • Market facilitation index
  • Williams alligator
  • Gator oscillator
  • Accelerator oscillator (AC)

TradingView Pros and Con

TradingView Pros TradingView Cons
Powerful Software: TradingView has little competition when it comes to providing a comprehensive technical analysis tool suite for active traders. It’s fast, powerful, and extensive. Intimidating Interface: New traders may be intimidated by the vast array of options available.
Selection Of Securities: Currencies, stocks, indices, futures, cryptocurrencies, bonds, and CFDs can all be analyzed. Mutual Funds: Mutual fund investors should look elsewhere, such as Morningstar, for coverage.
Global Coverage: Coverage extends beyond the United States financial markets to include those in Europe, Africa, Middle East and Asia. Options Coverage: Options traders should consider thinkorswim or tastyworks for coverage.
Lighting Fast Charts: HTML5 charts are used to create a lightning fast user experience.
Mobile Friendly: Traders on-the-go can access the TradingView app, which features extensive functionality too.
Real-time: Members get access to real-time data.
Low Pricing: If you are willing to commit to a 2-year deal, the per month pricing works out to be as low as $9.99.
Free 30-Day Trial: You can try out TradingView at no cost for 30 days.
Stock Screeners: Extensive stock screening capabilities are provided.
Technical Analysis Suite: Standard technical indicators and overlays are available as well as pattern analysis tools and much more.
Beyond Technical Analysis: TradingView includes tools in addition to technical analysis that relate to macroeconomics, trading psychology, and fundamental analysis.
Social Network: It is easy to connect in real-time to other members who can help you screen trading ideas.
Education: The TradingView wiki is extensive and available to traders looking to improve their knowledge.
Customer Support: Members who pay for the Premium membership plan receive priority support.

TradingView Securities

TradingView features stocks, cryptocurrencies, ETFs, bonds, futures, cryptocurrencies and CFDs, but does not include mutual funds nor options in its lineup.

Stocks
Cryptocurrencies
Currencies
ETFs
Bonds
Futures
CFDs
Mutual Funds
Options

TradingView Pricing

TradingView provides three billing plans, Pro, Pro+, and Premium as well as a free plan.

The best rate is available by committing to a two year plans where you can save up to 33% compared to a month-to-month billing rate.

Pro Pro+ Premium
$9.95
(based on 2-year billing)
$19.95
(based on 2-year billing)
$39.95
(based on 2-year billing)
$14.95
(based on monthly billing)
$29.95
(based on monthly billing)
$59.95
(based on monthly billing)
Free 30-day Trial Free 30-day Trial Free 30-day Trial

The differences between the plans are as follows:

Compare Plans Free Pro Pro+ Premium
Charts per layout 1 2 4 8
Devices at same time 1 1 2 5
Server side alerts 1 10 30 100
Indicators per chart 3 5 10 25
Indicator on indicator 1 1 9 24
Saved chart layouts 1 5 10 unlimited
Indicator templates 1 unlimited unlimited unlimited
Enhanced watchlists 1 unlimited unlimited unlimited
Customer support regular Fast Priority
SMS Alerts
Signature & website fields
Intraday Renko, Kagi, Line break, Point & Figure charts
Intraday spread charts
Extended trading hours
Create custom chats
Volume profile indicators
Fastest Data Flow
More real-time data options
Custom time intervals
Dedicated backup data feed
No ads
PRO Badge
Screener Auto Refresh
Twice as much data on charts
Backtesting for trading strategies
Stock screener
Forex signal finder
Simply best financial charts
50+ intelligent drawing tools
Prebuilt technical analysis
Community powered technical analysis
Pine script
Hotlists
Simulated trading
Trade through selected brokers
Fundamental stock data
Global economic data
Economic and earnings calendars
Earnings, splits and dividends
Compare symbols
Multiple symbols per chart
Price scales
Real-time context news
Private idea publishing
Text notes

TradingView Review Summary

TradingView is a social network for traders and provides trading ideas, real-time quotes, and free charts for stocks, futures, currencies, and cryptocurrencies.

But much more than standard technical analysis and community chat features, TradingView features screeners, backtesting strategies, an extensive array of indicators, real-time data feeds, heat maps, and earnings calendars to name but a few of its capabilities.

For active traders, few stock chart services come close to TradingView in the scope of features offered. Whether you are trading markets in the United States or foreign markets, the coverage provided is virtually all-encompassing with the Middle East, Africa, Asia and Europe all supported.

With so much functionality, you might expect to pay premium prices but TradingView charges under $10 monthly for its basic package and lets you give it a test-run at no cost for 30 days as part of a free trial.


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