Get started

Tools

My Most Used TradingView Hotkeys!Just wanted to highlight a few of my most-used TradingView hotkeys: ALT + H: Horizontal line – Ideal for marking round numbers or mark tight support/resistance areas. For broader S&R zones, I often use the rectangle tool. ALT + V: Vertical line – Rarely use it, it’s handy for highlighting specific dates below the chart. ALT + T: Trendline – Provides quick access to one of the most essential tools for analyzing long-term stock movements. [* ]ALT + I: Invert the chart – Probably the most interesting hotkey! If you find it challenging to take "SELL" setups or tend to prefer "BUY" ideas, flipping the chart can reveal a fresh perspective. If your bias remains unchanged after inverting, it may be a solid setup for you. This can help reduce psychological biases; sometimes, just viewing it from another angle makes all the difference. ALT + S: Take a screenshot – An easy way to share your chart with friends or colleagues. ALT + F: Fibonacci tool – I’m using it less often lately, but it’s still there when needed. ALT + W: Add to watchlist – Quickly adds interesting charts to your watchlist. ALT + A: Set an alert SHIFT + CLICK: Measure tool – Instant access to measure distances or changes on the chart. Hopefully, this helps save you a bit of time hunting for these tools. After all, time is money! Regards, Vaido
NASDAQ:TSLAEducation
by VaidoVeek
LOEWS, ARE WE ABOUT TO SEE A LIMBO WORLD RECORD? (EARNINGS)And do you want to buy the dip These trends are not looking good. if earnings can't get over 74 and maintain good momentum, it's going to get pushed down to the support trends. Which are quite strong overall. The downside is huge. But it's not like there isn't upside. I'm just not certain the upside to 80 will occur sooner rather than later. Personally, I see a bearish looking stock, but I'm also not as confident as I sometimes am because there is a possibility it holds support at 69 and really starts to move. However, I'm fairly certain we'll see $20 at some point within the next year or two. IMO, sooner. Attaching CAT and APD
NYSE:LShort
by nicktussing77
DexCheck (DCK) 100% longDexCheck, AI analytics tool for crypto Risky risky token again.. This is a very interesting project that catch my eyes - it seems to have some serious backing as well! * 7.3 million market cap * listing on Kucoin exchange * 169 K twitter followers * bullish chart If Bitcoin keeps on moving, I think it's a very high probability that we will see DexCheck put on a big move. The chart tells me to take a small position and just wait for a potential 100% profit. With some good news and more detailed roadmap, this could be a long time hold and a big winner. I feel that this could be a great time to build a small position. The staking idea about this project is interesting, you get access to different analytical tools depending of how much you are staking. If the trading tools, the product, is great I think DCK will sky rocket! Please do your own research!
Long
by TaTaTaCrypto
10 Rules for Successful Trading1. Study. Learn how financial markets work. Years ago I took Khan Academy's free courses on the financial markets. It really helped reinforce what I already knew, taught me new stuff and solidified my confidence in understanding how the financial markets work. Here's the link: www.khanacademy.org Learn the basics of Technical Analysis. For this part I read "Technical Analysis of the Financial Markets" by John Murphy. I read the whole book not once, but twice, and I constantly refer to it to refresh my memory. You can also get the supplemental workbook to do exercises and test your proficiency. Link: www.amazon.com Learn the basics of Macroeconomics and Microeconomics. Khan Academy also provides excellent free courses in this subject area with quizzes and tests to confirm your proficiency. This part is important for understanding the big picture. Link: www.khanacademy.org 2. Develop a trading plan. Write out your trading plan step-by-step and follow it every time. If you don't do this, you won't be consistently profitable in the long term. Never trade on a whim, even if you fear missing out on a big move. I would rather miss out on a big move up because I took the time to develop a plan than jump in without a plan and experience a big move down. Here's a good resource for how to develop a trading plan: www.ig.com 3. Find a trading mentor. Find someone who is more experienced than you and learn from them. I was able to connect with a very experienced trader here on Trading View with whom I share watchlists and get trade ideas from. We chat regularly and confirm or critique each other's ideas. Having a trading mentor has been invaluable to my trading. It's important to find someone who is trustworthy and competent, and willing to critique your trading ideas. Often we as traders only see what we want to see in the chart and miss or ignore obvious clues that go against our theory. For example, what one person sees as a triple bottom (bullish) another person may see as a bear flag (bearish). Another way to learn from other traders is to subscribe to traders who post high-quality content on Youtube. I subscribe to a few great trading Youtubers who give me all kinds of insights. My trading has definitely improved because of learning from other traders. With this said, don't go overboard. Find just a couple of good people to follow. You don't want to follow dozens and dozens of traders as you will suffer from information overload. 4. Manage risk. Preserving your capital is necessary to stay in the game, so you need to manage risk. No matter how good your charting may be, some of your trades will go against you and will need to get out. That's why I always use stop losses and get out of a trade at a certain predetermined level. Stop losses always limit loss, but do not necessary limit profit. This in turn allows you to only be right half of the time (or in some cases even less) and still be profitable. The topic of stop losses actually warrants it own discussion. In the future, I will be writing a post on how to place your stop losses. Other risk management strategies include: limiting the amount of margin you use, only risking a certain percentage of your portfolio on any given trade, and diversifying your portfolio. A key difference between trading and investing is that investing does not (typically) employ stop losses. Long-term investors typically manage risk by using diversification. 5. Be humble. Check your ego at the door. It does not matter if you're right. The only thing that matters is your money. Never stay in a trade because you don't want to admit that you were wrong. I've seen plenty of charts that looked amazing and then a black swan event happens. Perhaps one of the best ways to think about it is to consider this paraphrased statement from the legendary trader Larry Williams: "Regardless of past performance, never forget that every new trade you make only has a 50% chance of success." I have seen some Trading View users who are completely consumed by pride and post their win rates and super high-profit percentages. I steer clear of these traders because they fail one major rule of good trading: staying humble. Past performance is not a guarantee of future performance. 6. Keep a journal. This one is very important. Whenever I learn something new about trading, I write it down in a trading notebook. Whenever I make a mistake, I write down what went wrong and what I learned from the mistake. My trading notebook contains my strategies both for bear markets and bull markets, contains the steps for my daily routine, contains my screener criteria, and contains a listing of all the important things I've picked up over the years of trading. 7. Track your assets. Employ some kind of a method for tracking your performance. Even though it's time-consuming, I use a spreadsheet. 8. Avoid speculation. Never trade based on speculation or emotion. Never buy or sell an asset because of fear (whether fear of a market crash or fear of missing out on a huge rally). Never enter into a position simply because you like the company, and similarly do not avoid selling your position because you love the company too much. The most successful traders are rigorously unemotional and unattached. In my opinion, I define anything that does not involve an analysis of data as speculation. I have also come to learn that by the time everyone is talking about something, it is usually at peak mania and will not go up further. For example, when your co-worker or close friend is talking about how much they made from Bitcoin, it's probably time to sell. Similarly, if you see everyone on social media posting photos of how much it costs to fill up their car with gas, it probably means we're at the peak of gas prices. 9. Learn how to use your charting platform. One of the best things I ever did to master my charting was to spend a few weeks doing nothing but just learning all the features on Trading View. When I first signed up for Trading View I was overwhelmed by all the tools, indicators, strategies, and ideas on here. So I knew I had to take a timeout from trading and just learn the tools first. For several weeks rather than focus on trading, I focused on learning Trading View. I favorited indicators that work best for my strategy, I created layouts and explored every nook and cranny on the platform. Trading View is incredibly powerful because it provides access to so much data. Having access to data is power. By taking the time to learn how to use all of its tools, I was able master the financial markets to a degree that I can now make predictions just good as those high-paid Wall Street analysts. Your subscription will pay for itself through the profits you make. 10. "Look first. Then leap." Always chart out your entry point, stop loss, and profit target before entering a trade. Ask yourself: How much risk am I willing to take for how much profit? Here's a great resource from Investopedia that inspired this post: www.investopedia.com This list of good trading rules is nowhere near comprehensive, so please leave a comment below to share your rules and tips for successful trading!
Editors' picks
AMEX:SPYEducation
by SpyMasterTrades
132
Entry nowPersonally have been using toughbuilt products and they are very very good. Best kneepads I have ever worn in 15 years in trades. Knives second to none. Very Innovative as well. They are entering Canada with product next year and should see a boost in profit. They need to be picked up by a large store as a household brand - They are much better than other competition out there and need to take some steps to gain traction. Watch out for new markets, look for increasing stock supplies, and new availability in stores. This has potential for a very bright future.
TLong
by Bobron
1
TradingView Masterclass: How To Use Drawing ToolsWe continue with our Masterclass series, which we created to teach people how to get started with charting, research, and analysis. In this lesson, you’ll learn all about the Drawing Panel located on the left side of your chart. Let’s get started! Drawing tools 🎨 There are eight categories in the drawing tool section: Cursors, Trend line tools, Fibonacci tools, Patterns, Forecasting and measurement tools, Geometric shapes, Annotation tools, and Icons. In addition, just below these categories, there are handy features that augment and optimize your research in specific situations, such as zooming in/out, measuring, and a magnet tool for selecting specific price points. Let’s analyze each of these in detail: - Cursors: Located at the very top corner of the drawing tool section, Cursors gives you the capability to change your mouse as you move around the chart. For example, we have other variations such as the dot cursor or the simplest of all, the arrow cursor. Finally, we have an eraser tool to remove objects from the chart by clicking on them. - Trend lines: Trend lines can be used to identify and visualize the direction of a price trend, and are sometimes used for drawing support or resistance lines as well. In this section, you can also find trend channels and pitchforks. - Gann and Fibonacci tools: These advanced tools are often used by technical analysts and quants to locate retracements, pullbacks, measured moves, and advanced price sequences. The Fibonacci tools include retracement, extension, fans, arcs, and more. The Gann tools include box, square, and fan. - Patterns: In this section, you’ll find popular drawing tools for mapping our complex patterns that require several different points to be drawn such as Elliott waves, head and shoulders, and impulses. - Forecasting and measurement tools: These invaluable tools are used to make projections either long or short, study specific stats such as time or price ranges, and also give you the capability to analyze volume with VWAP and volume profiles. - Geometric shapes: These tools are where you can find the brush tool to freely draw on your chart, but it also goes deeper than that, as there are also important shapes whereby a trader can highlight important areas on the chart with a rectangle or arrow such as accumulation or historical rebound zones. - Annotation tools: These can be used to write notes, reminders, prices, and journal entries. These are key tools for traders who want to track their progress over time and always have specific notes attached to the chart. It also includes the ability to insert X links and images from your computer. - Icons: Need a little more color or character on your chart? This section gives you hundreds of emojis, icons, and stickers to add to your chart. Highlight an area, add more art to your chart or spice up your creativity. Tip: Keyboard shortcuts 🔠 Did you know that you can use keyboard shortcuts for the most popular drawing tools? To find out the command, you need to open the drop-down menu of one of the 8 drawing tool categories and you will see the command on the right side of some tools. For example: Alt + T = Trendline Alt + F = Fib retracement Alt + H = Horizontal line Alt + V = Vertical line Alt + I = Invert chart Alt + W = Add current symbol to watchlist If you're a Mac user, use ⌥ instead of Alt. Measure and zoom 📏🔎 When you use the Measure tool (the ruler icon just below the 8 drawing tool category icons), you can see at a glance how much an asset has fallen or risen in numbers, percentages, bars and days. Combined with the Zoom tool (the magnifying glass with +/- icons), you can also focus on the most important areas of the chart. For both measuring and zooming, the procedure is the same: select the tool, click on the point where you want to start measuring or from where you want to zoom, and end with another click where you want to end. You can also use the "Shift" hotkey instead of the icon. To remove a measurement, simply click on the chart. Magnet mode 🧲 Magnet mode is a wizard that helps you to bring the drawing tools closer to the nearest price bars that you hover over with the mouse. There are 2 modes: Weak magnet and Strong magnet. This tool allows traders to perfectly connect a drawing tool to a specific price point. The current values are OHLC, meaning when Magnet mode is turned on, all drawing tools will connect to the nearest open, high, low or close value. Want to draw support lines that always connect to a specific price? Use this tool. Stay in drawing mode 🎨 If you are going to make several drawings on the chart at the same time, you may find it useful to activate this option (pencil + padlock icon), as it will allow you to make as many drawings as you want without deactivating the selected drawing tool. Remember that you must deactivate this option to return to normal mode. Lock all drawing tools 🛑 Once the chart has been configured, if you do not want to make any further changes, you can lock everything that has been drawn with this option (padlock icon) so that you do not accidentally delete elements in the future. Hide/Show drawings/indicators/positions & orders 👁‍🗨 This option allows you to toggle the visibility of the drawings, indicators, positions & orders or even all three to make comparisons with a blank chart. The keyboard shortcut is "Ctrl + Alt + H". Drawing sync 🔄 This allows you to synchronize the drawings of the selected charts in the current layout or in all layouts (globally). You’ll surely want to test this feature as it’s perfect for those who perform multi-timeframe technical analysis and research across multiple charts or timeframes. For example, when this tool is turned on, if you draw on one chart, all of your drawings will appear on your other charts that have the same symbol. Delete objects 🗑 With a single click, you can delete all drawings or indicators, or even both at the same time. There are also a few other options to remove specific things on your chart. Use this tool wisely and don’t accidentally delete everything! Show favorite drawing tools toolbar ⭐ To set up the favorites toolbar, first, you must first go to one of the eight drawing categories and click on the gray star in one of the tools. When you click on it, it turns orange and the quick access toolbar for drawing tools is created. Once you have selected all your favorites, move the favorites toolbar around so that you can use it conveniently every time you want to draw something on the charts. That’s a wrap! We hope you found this guide valuable. We'd love to hear about your favorite drawing tool, so please share your thoughts in the comments below. Additionally, if you have any feedback or suggestions, drop us a line. - TradingView Team
Editors' picks
NASDAQ:TSLAEducation
by TradingView
49
GBPNZD 111 PIP GAIN!!! KLS GBPNZD provided a beautiful trade set up using our KLS tool. The Key Level system indicator provides us with two key levels multiple times throughout the trading week. Once higher timeframe aligns and parameters are met, then two key levels will appear on your chart automatically. We achieved a nice 2:1 trade set up with GN for a nice 111 pips profit. 1st key level 2.04203. Blue Line 2nd key level 2.03747. Red Line How to determine directional bias? with the KLS you cut your analysis and chartime in HALF. Directional bias is determined by key level placement order. Blue Key level (KL) above Red KL = Bullish sentiment. Look to take longs only Red Key Level (KL) above Blue KL = Bearish sentiment. Look to take shorts only
Long
by Elev8FX
BOTTOM IDENTIFIER: Investment AdvisorIn the ever-evolving world of cryptocurrency investment, having the right tools in your arsenal is essential. Enter BTC TOP-BOTTOM IDENTIFIER, a powerful yet free assistant that can be a game-changer in your investment journey. 🪙💡 BTC TOP-BOTTOM IDENTIFIER: The Free Investment Ally BTC TOP-BOTTOM IDENTIFIER is a robust, no-cost tool designed to assist crypto investors. It offers valuable insights and signals to help you make informed investment decisions. The Power of Data Analysis This tool leverages data analysis to identify key market turning points. It's like having a seasoned analyst at your fingertips. It detects potential tops and bottoms in the Bitcoin market, providing you with a strategic advantage. Empowering Your Investment Strategy Armed with BTC TOP-BOTTOM IDENTIFIER, you gain a competitive edge in the crypto market. Use its signals to fine-tune your entry and exit points, optimizing your investment strategy. How It Works BTC TOP-BOTTOM IDENTIFIER analyzes historical price data and market trends. It identifies patterns and inflection points, signaling potential shifts in Bitcoin's trajectory. Your Investment Guide Think of BTC TOP-BOTTOM IDENTIFIER as your reliable guide through the crypto wilderness. It helps you navigate market uncertainties and make well-timed investment choices. Conclusion: Elevate Your Investment Game As the cryptocurrency landscape continues to evolve, having access to advanced tools like BTC TOP-BOTTOM IDENTIFIER can be a game-changer. 🚀💰 Remember, while tools like these provide valuable insights, they should complement your investment strategy, not dictate it. Always stay informed, adapt to changing market conditions, and manage your risk effectively. BTC TOP-BOTTOM IDENTIFIER is your ally in the crypto investment journey, offering you a data-driven edge that can make all the difference. Explore its potential and empower your investments! 🌐📈
INDEX:BTCUSD
by AlexWhale
3 Rules To Follow When Trading While Working Full-Time👋 Hello, and welcome my name is Dean Muller from WealthTIP where our tip for wealth is to trade invest and prosper, today’s post is focused on the 3 rules that I believe you need to follow if you want to actively and successfully trade the markets while still working a full-time job, business, or side hustle. So, if you enjoy this type of content then go ahead to leave a thumbs up and that way we know that we’re on the right track to meeting your content needs. Now that we covered that, let’s jump over to the first rule you need to implement as a trader, working full-time. 1. 📝 Create a Watchlist I remember when I started trading I only traded one pair, and that was the GBPUSD, as I began honing in on my skills as a technical trader, I started looking at a few more pairs, and the more pairs I looked at the more opportunities I saw, the problem was however, that I wasn’t able to keep up with the movements of each pair and this coursed me to lose focus on the pairs I had positions on and ultimately mismanage a lot of the trades. I then reached out to a good friend of mine and he suggested I create a watchlist now at the time I had absolutely no clue what a watchlist was, and if you don’t know what it is, it’s simply a list of pairs that according to your strategy has potential trade setups coming together with a probabilistic profitable outcome. Now if you would like me to do a video showing you how to put a watchlist together, then simply write a comment in the comment section below and if we get 100 likes on this video then I will be happy to put one together, but for now This is a cardinal rule for anyone trading, while still working full-time. 2. ⏰ Set Trade Alerts When you are working, vary rarely are you able to access the charts freely, this means that you could miss out on the very opportunities you identified when you put your watchlist together. The best way to combat this is to use platforms like tradingview that allows you to set trade alerts that will notify you when the market is on an area you deem significant. Setting these alerts ensures that you aren’t distracted by the charts while you working and you won’t have to check your phone every 5 min, instead, you only jump on the charts once you are notified, making it easier to focus on your job, while still having a hand in the markets. 3.🎯 Use Pending Orders Pending orders are a powerful tool that trading platforms provide all traders with, and no one benefits more from pending orders than someone working a full-time job. Personally after putting my watchlist together I have a good idea with regards to where I intend to enter the markets, and because I do my watchlist over the weekend when the markets are closed, I set all my pending orders as soon as the markets opens Sunday midnight. What this allows me, is the freedom to focus on other things while still having a hand in the markets. Now if you would like to know more about how you can use pending orders to make your trading easier give this video a thumbs up and I will be sure to put that into our project list. And always remember, if you frustrated, annoyed, angry or anxious when trading, then you doing it wrong, and should check out our Foundation Series, where we explain the process to successful technical analysis in a plain, and simple way. Furthermore, I really do hope that you were able to extract some value from today’s post, and if you did be sure to hit like and share so that we can continue creating content that not only serves you, but equips you to successfully and joyfully navigate your way through the financial markets. So until next time, you should keep well and bye for now.
Education
by DeanMuller
tools of price action There are lots of ways to trade the market but the only indicator that will help you in all types of market is Price action first tool is horizontal lines go to different timeframes based on your trading time if you do intraday trading go to 1hour and 15 minute for swing trading go higher time frame and draw a horizontal line on important levels where market took support or resistance how it works is you buy at support and sell at resistance because it has a higher chances of reversal than breakout second tool is trend line make sure that your trendline touch no less than three point and that is a valid trendline with the help of trend line you can trade high and low of the stock you're trading although price action and chart pattern technical analysis will help you find a trade and give you entry points none the less it is not gonna help you with the psychological issues you have and you will become a profitable trade unless you get your psychology of successful profitable trader poor grammar
NSE:SBIN
by mehandijafriboyandyoukick
Any tips on Tradingview? I've been using Tradinview for several years now. It's been a good platform to use for the charting side. I wanted to make a post to see if there are tools or things that maybe I don't use that others in the community might like and use? Personally, I like things like Parallel channels. This is a great tool instead of drawing trendlines. I have recently enjoyed the Polyline tool, which has allowed us to add some "Homer" to the posts. On a more serious note - the custom indicator aspect is really useful as we have built a few over the last couple of years to put our core strategy on screen. In addition to these, our strategies include Elliott waves - Although we use software on top of TradingView for automated Elliott placement, it's handy having the tool in TV to draw cycles and schematics. As I mentioned above, I would be keen for others to share comments on what they find useful inside @TradingView what tools am I missing? Have a great weekend all! Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
FOREXCOM:SPX500
by Mayfair_Ventures
10
Possible NZD/JPY Short Position!! SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 4-12 Hours Actions on - A – Activating Event Market will meet resistance in zone @current 72.192 - .... and fall to the 71.85 . In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @ 71.85 FX:NZDJPY Trade Management Entered @ ..... Stop Loss @ ..... Target 1 @ 71.85 Target 2 @ .... Risk/Reward @ 2.1 Happy trading :) Follow your Trading plan, remain disciplined and keep learning !! Please Follow, Like,Comment & Follow This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Short
by SMPTrader
3