Learn more about TradingView coinsHave you ever wanted to show your appreciation for an idea but felt that hitting the like button was just not enough?
TradingView coins are a great way to show other users that you appreciate them!
What are TradingView coins?
TradingView coins are the site's internal currency. 1 coin is equal to $0.01 USD
How can you get them?
Refer a friend : When you refer a friend to TradingView, you both will get TradingView coins after they upgrade to one of our paid plans.
Receive donations from other users: TradingView users can give coins for great content, to say thank you, if they're feeling generous, or for any other reason.
Buy Coins: You can buy coins in batches of 500, 1,000, or 5,000. This can be done by opening the user menu and choosing "Coins".
(Your current coin balance, donation history and other coin info is also shown here)
Great! Now that you have your TradingView Coin treasure, how can you use it?
Cheer someone : Cheer is a great way to show your support for users that you like.
The size of your coin sending is fixed on our site with the following values: 100, 200, 350, or 500 coins. These values are equivalent to $1, $2, $3.50, and $5 USD. This feature is available for all users.
Cheer an idea by using the "Comment with a cheer" button to send your message with some TradingView coins
Cheer a user from their profile by selecting "Cheer" in the upper corner of their profile page.
Purchase a paid plan : You can spend TradingView Coins on either our 1 month or 1 year paid plans. For example, 3000 coins is access up to 1 month of our PRO+ plan, one of our most popular options.
Note that if you already have an active plan, you can add a month or a year of the same type with coins. Upgrades for coins are not supported.
TradingView Coin Pro-Tip
TradingView moderators, managers and staff give coins for ideas chosen as Editor's Picks, great scripts, ideas and other exceptional content all the time.
They can be identified by the TradingView logo badge or "Mod" badge next to their name.
Learn more about TradingView coins in our Help Center .
TradingView Tips
How To Use Financial Ratios To Make Better DecisionsFinancial Ratios help you evaluate a company. Most financial ratios will show you how much money you're paying for a specific piece of the business. Let us give a few examples:
Price-to-Sales Ratio = Market Cap / Sales
The Price-To-Sales ratio or PS ratio tells you how expensive a company is relative to its total sales. The formula is calculated in two different ways: divide the company's market capitalization by its revenue or divide the current stock price by revenue-per-share. Because this ratio is being calculated with live price information, you can also watch it in real-time on the chart as we've shown in this example above.
If a company has a market cap of $10 billion and revenue of $1 billion, well that, that implies a PS ratio of 10. You're paying $10 for every $1 in sales. You can do ratios like this for all aspects of the company. For example, PE ratio or Price-To-Earnings ratio measures the Market Cap / Earnings. This tells you how much you're paying for every dollar of earnings.
Keep in mind that Financial Ratios are not perfect. They are also not a buy or sell recommendation. Instead they are shortcuts, ways to quickly evaluate a company, compare its underlying fundamentals, and study that company relative to other companies. You also must remember that financial metrics can change quickly with a single earnings report. A company's future expectations are also just as important. A company like Apple might have a high PE ratio, but if they're building and growing revenue into the future, their PE ratio could come down over time.
Remember, Financial Ratios and Financial metrics in general paint a picture of the underlying business and its earnings potential. Here are some other resources to get you started:
1. Read more about Financials on TradingView in our Help Center.
2. You can also code your own strategy or indicator using this financial information .
3. We've also created a library in our Help Center so you can learn more about every Financial metric.
Here are some other financial ratios that you may find interesting and how they're calculated:
PE Ratio = Market Cap / Earnings
PB Ratio = Market Cap / Book
PEG Ratio = PE / Earnings Growth
Quick Ratio = (Cash + Cash Equivalents + Current Receivables + Short Term Investments) / Current Liabilities
Dividend Yield = Dividends Per Share / Price
EV Multiple = Enterprise Value / EBITDA
To access all of the Financial Ratios available to you, click the Financials button at the top of your chart. From here, you can select many different Financial metrics and study markets at a deeper level.
More importantly, you can combine the study of Technical and Fundamental analysis at the same time. Meaning you can evaluate the fundamental side of the business including its earnings and valuation while ALSO studying price action and planning a trade.
Please feel free to share your feedback and comments below! Thank you for reading.
How To Tweet a Chart Image Fast!We realize that sometimes you just want to get your charts out to people as soon as possible.
With the Tweet Chart Image feature, now you can!
As illustrated above, simply choose "Publish" then "Tweet Chart Image" and you'll be able to tweet the image out directly from your Twitter account to get that critical analysis to your followers fast!
What's that? You'd like to do this on your iPhone as well?
No problem, we got you.
Check out what idea users are tweeting right now here
Image Credit
How To Use Sparks To Kickstart Your ResearchThis video was created by our team to introduce you to the new Sparks tool. Sparks are curated lists to help kickstart your research process. You can find lists of symbols related to specific topics like outer space, alt coins, and a lot more.
Markets are sometimes driven by themes, trends, and narratives. Within those themes and trends are lists of symbols that are working to change something or build a better future. With the right research tools, investors and traders can find opportunities and capture enormous growth. But it all starts with a diligent research process and Sparks were created to help all investors and traders get started. That's key, getting started.
All it takes is a spark to light a fire, to find the next best investment or trade.
For example, here are some Sparks that may interest you:
1. Self-Driving Car Companies www.tradingview.com
2. Environmentally Friendly Stocks
3. Proof of Work Cryptocurrencies
4. Proof of Stake Cryptocurrencies
5. WallStreetBets Stocks
And these are only a few examples.
Our team is looking build even more Sparks in the future. Our goal is to help all investors and traders learn more about markets. If you have any questions or comments, please write them below. You can also request specific Sparks in the comments below.
Thanks for watching the video and following along!
- Team TradingView
How To Share Your Watchlists (Video Walkthrough)We know how important your Watchlist is.
Your Watchlist is where you organize all of your favorite symbols, follow them, and plan ahead. It's also where you track your investments and trade ideas.
Our new Advanced View tool makes it possible to share your Watchlists. We believe this is an important next step in Watchlist technology. You can now share your favorite Watchlists with friends, family, and across the Internet either on your blog or social media profile. You can collaborate with groups to make a perfect watchlist, sharing the link and making edits as needed.
Create, share, and learn. Get feedback from others and do the research before you make the trade. Our new Watchlist tools can help everyone share and collaborate around markets.
Here are links to the two Watchlists we talked about in this video. You can copy this Watchlists, edit them, and add them to your profile:
1. Up-And-Coming Cryptocurrencies
2. Space Stocks
The first step to getting started is opening your Watchlist, then clicking the three circles at the top right ••• and selecting Advanced View. From there, you can toggle your Watchlist to be shareable, copying the link and sharing it as needed. You will also see a symbol distribution showing the breakdown of the Watchlist you're looking at. We explain all of this in the video! Make sure you watch it.
Please let us know if you have any questions, comments or feedback. You can share them in the comments below.
Thank you for watching,
Team TradingView
Learning the TradingView Platform: Exploring the Top Panel Pt.2In this video we will explore:
Indicators and Strategies
Fundamental metrics for stocks
Indicator Templates
If you would like to learn more about these items, check out the great material we have in the help center and on our blog. 📚 🤔 📚
Indicators
www.tradingview.com
Fundamentals
www.tradingview.com
www.tradingview.com
Indicator Templates
www.tradingview.com
Did you learn about anything new that you may use from now on?
Let us know in the comments below 👇 👇
Learning the TradingView Platform: Exploring the Top Panel Pt.1In this video we will explore:
Symbol Search
Time Interval
Bar's Style
Compare or Add Symbol
If you would like to learn more about these items, check out the great material we have in the help center. 📚 🤔 📚
Spread Charts
www.tradingview.com
Time Interval
www.tradingview.com
Compare Tool
www.tradingview.com
Did you learn about anything that you may use from now on?
Let us know in the comments below 👇 👇
Introducing our new Chart Preview featureOur new Chart Preview feature simplifies the way you follow your favorite symbols from iPhones or iPads. Please note: we have exciting updates coming to our Android app, so please stay patient. We won't let you down! 😎
Chart Preview is intuitive for all investors and traders. Beginners and pros can use it seamlessly to study their watchlist and then dive into the advanced chart when it's time.
We created Chart Preview to let traders quickly scan and study symbols from a viewpoint that is simple and beautiful. With a second tap, traders can dive into the advanced chart and begin their research process using technical and fundamental analysis. Start simple and get more advanced depending on your skill level.
On iPhone, users can toggle our new Chart Preview feature on or off depending on their preference. You decide whether you want to see a quick preview or jump straight to the advanced chart. We know many of you would rather be analyzing charts with all the power of our advanced tools, so you can decide what you would rather see first.
Make sure your app is updated and using the latest version. Remember: our mobile apps are free for iOS and Android devices.
Thanks for being a TradingView member and we look forward to reading your feedback and comments below.
Assigning Elliott Wave DegreesDid you know that you're able to change the labeling of the degree of a wave when drawing Elliott Waves?
Elliott Wave Degree labels assist in the identification of the fractal patterns of Elliott Waves. These degrees are used for both motive and corrective waves (though only motive waves are labeled here). Each of the degrees have a standardized notation that indicates the degree of the wave, allowing the user to identify them more easily.
While the different degrees of waves can be applied however someone would like on a chart, the order and length of time for degrees that are most often used from largest to smallest are:
Grand supercycle: multi-century
Supercycle: multi-decade
Cycle: one to multiple years
Primary: months to years
Intermediate: weeks to months
Minor: weeks
Minute: days
Minuette: hours
Subminuette: minutes
**Times associated with degrees are approximate**
There are six more degrees that are used less often due to the extremely high and low time frames, they are: Supermillennium, Millennium, Submillenium, Micro, Submicro and Miniscule.
In order to change the degree of the Elliott Wave, simply
Double-click on the drawn wave, or select it and click the settings gear in the toolbar
Go to Style
Select desired degree from the dropdown
Thats it!
How often do you use Elliott Waves in your analysis?
Add Tweets To Your ChartYou can now add tweets to your chart! The process is simple and we'll walk you through each step:
Step 1 - Find a tweet you're interested in and copy its link. The Twitter link will look something like this: twitter.com
Step 2 - Open your chart and then paste the tweet. The tweet will automatically attach to the exact timestamp on the chart. You can sit back and let our platform do the work for you. Pro tip: this tool works on any time frame or chart type. So you can view it on a daily chart or a 30-minute chart, a candlestick chart or a line chart.
Step 3 - Once you've copied and pasted the tweet to your chart, you can drag it up or down to place it where you need it to go. Pro tip: adjust your price scale or time scale by clicking, holding, and dragging the scales to extend them. This will help you fit the tweet to your chart.
The chart in the example above shows the market cap of Dogecoin with four tweets from Elon Musk. Each tweet was copied and pasted on the chart using the steps outlined in this post. It's fast, easy, and snaps right to the exact timeframe where price and tweet meet.
We hope you enjoy this new tool. Please let us know if you have any questions or comments. Thanks for being a member of TradingView.
Learn more about Indicators using the Help CenterThe Help Center is a great resource that offers a lot of information for users on all kinds of topics.
Within the Help Center is the “I’d like to learn more about indicators” page which holds a vast amount of information about built-in indicators that are offered on TradingView.
You can access the information on these indicators by following the directions above or by visiting this link:
www.tradingview.com
It is important to note that user created indicator’s and scripts are not featured here, only TradingView’s built-in indicators.
Take a look around the help center today!
Are there any other areas that you have found useful in the Help Center?
Heikin Ashi Charts vs. Candlestick ChartsFollowing price action is at the core of markets. One glance at a chart can show you a trend, trade idea, or serve as a quick way to check the holdings in your portfolio.
Candlestick charts are one of the most popular ways to look at price action. A single candlestick shows the high, low, open, and close for a specific time period. This means that a lot of price information is stored in a single candlestick . However, sometimes, that price information is filled with volatility or chaotic trading.
That's where Heikin Ashi charts are most useful - they smooth out the price by showing an average price range rather than the exact measurements. In fact, Heikin Ashi charts were developed in Japan and the word Heikin means “average” in Japanese . For those who invest over long-term horizons or look for sustainable trends, Heikin Ashi charts can be an effective way to smooth out price and show clearer trends.
The key to understanding Heikin-Ashi charts is to remember that each bar, whether it's red or green, shows an average price range for a specific time period whereas a candlestick chart shows the exact price levels for that time period.
The formula for a Heikin Ashi looks like this:
Open = (Previous bar open + previous bar close) / 2
Close = (Open + High + Low + Close) / 4
High = Highest point whether it's the open, high, low or close
Low = Lowest point whether it's the open, high, low or close
Make sure to test out these two different chart types and have some fun. There is no better way to learn than to compare and contrast the two types of charts as we are doing in this example. Remember, it is also about your personal preference. Do you want to see every granular detail in price action? Or do you want to see an average price of that trading action? This is entirely up to you and the tools are here for you to try.
NOTE
While Heikin Ashi and other non-standard charts can be useful to analyze markets, they should not be used to backtest strategies or issue trade orders, as their prices are synthetic and do not reflect bid/ask levels at exchanges or brokers. If you need more information to understand why that is, have a look at these publications:
• In the Help Center: Strategy produces unrealistic results on non-standard chart types (Heikin Ashi, Renko, etc.)
• From PineCoders: Backtesting on Non-Standard Charts: Caution!
Thanks for reading and please leave any comments or questions if you have them!
Comment : P.S.
Someone asked how they can select Heikin Ashi. Click the dropdown at the top of your chart where it currently shows either your Candlestick or Line chart options. Then select Heikin Ashi from the dropdown menu.
Five Ways To Use The Multiple Chart LayoutOur multiple chart layout tool gives traders and investors an easy way to study multiple symbols or timeframes at once. In this post, we'll explain five ways to use the multiple chart layout feature to optimize your process.
Chart different timeframes
If you look closely at the charts above, you will notice that there are different timeframes for each chart. One is a daily chart, one is a weekly chart, and another is a 30-minute. The multiple chart layout makes it possible to see these different timeframes all on the same screen. If you search for trades and do research on all time horizons, this is an important feature to master.
Customize the look and feel of your layout
Every trader and investor is different in their approach. That's why it's important to have customization tools available. Each chart in the example above uses a different color gradient as its background. The chart farthest to the right is also a line chart while the other two show candlesticks. When using the multiple chart layout you can create your own custom workspace to match your individual style needs.
Diversify your indicators
The charts above also show different indicators. For example, the yellow line farthest to the left is a Moving Average while chart in the middle shows a Volume Profile and the chart on the far right shows only volume. You can add only the indicators that matter for each specific chart within your layout.
Chart different symbols at once
In the example above, we're looking at three totally different symbols, but all viewable on one screen. This way we can follow price action, study similarities, and look for ideas across different assets. It speeds up our research and is another helpful way to monitor different symbols across the market.
Sync your charts
With the click of a button you can sync the symbol, crosshair, interval, time, and drawings for all charts in your layout. To get started, click the layout button at the top of your chart and then find where it says "SYNC ON ALL CHARTS." From this menu you can select the syncs you need so that they all update instantly.
Thanks for reading and we hope you enjoyed this post! If you have any tips, suggestions or feedback to share about the multiple chart layout please write it in the comments below.
How to Draw Fibonacci Channels
Fibonacci Channels are used to determine fibonacci support and resistance levels within an identified trend.
These channels can easily be drawn in both uptrends or downtrends to find potential areas where price action could change.
Uptrend
When drawing a Fibonacci Channel on an uptrend, a clearly identified trend needs to be established with higher lows being created.
To draw the channel, first select the two low points on the trend, and then the high point in-between them.
After the channel is drawn, the Fibonacci levels calculated can be used to help speculate price action by watching these areas as support or resistance.
Downtrend
When drawing a Fibonacci Channel on a downtrend, a clearly identified trend needs to be established with lower highs being created.
To draw the channel, first select the two high points determined by the trend, and then the low point in-between them as shown below.
Do you use Fib Channels?
If so, share your ideas in the comments below!
Introducing The Satoshi All Time History IndexStarting today you can chart, follow, and research the price of Satoshis going back to 2010. Our new index is called Satoshi All Time History Index.
Satoshis, or sats, are the smallest unit of bitcoin (BTC). 100,000,000 satoshis make up one Bitcoin.
Satoshis are particularly important to the Bitcoin community because transaction fees are often measured as satoshis per byte or satoshis/byte. This makes the unit important to chart, follow, and analyze in detail. In addition, some people see sats as a useful way of addressing unit bias – where people prefer whole units over a fraction of a unit.
To get started with our new index, type SATSUSD into the search box and select it from the list. You can also bookmark the SATSUSD symbol page or share the link where needed.
We hope everyone enjoys this new addition. Please leave any comments or questions below.
Thanks for reading!
Using the Trend-Based Fib Extension ToolThe Fibonacci ratios are widely used among traders to help identify potential areas of reversal in the movement of price action.
The Trend-based Fibonacci Extension tool utilizes three points on a previously identified trend in order to draw the Fib ratios on the chart.
In the chart above, price was rejected twice at the ~$35.50 level, forming a double top which is a fairly strong reversal pattern. To help identify potential areas of support and resistance we have drawn a Trend-Based Fib Extension.
Using the double top patterns High, Low, and High as the three points for the Trend-Based Fib Extension, the Fibonacci ratios are drawn on the chart.
In this example, you can see that price action respected these levels very well until finding strong support at a potential bottom that corresponds with the 200% extension level.
But, notice the region in the yellow box on this chart. There seems to be no identified areas where the Fibonacci ratios show support or resistance.
While retrospectively we can tell that the area of support found at ~ $12 (141.4%) in mid-November 2017 did not produce a new bull market. At the time there was a potential reversal at that region resulting in higher highs and therefore we could have pulled a NEW Trend-Based Fib Extension as shown below.
As the new Trend-Based Fib Extension is identifying areas of a new uptrend, we see that these ares are shown in a way that they were not in the previously drawn Trend-Based Fib Extension.
However, price was rejected at the 61.8% level and continued downward until the 0% extension level was broken, thus invalidating this Trend-Based Fib Extension.
While the upward price trend did not continue, there was a local high that was made and thus could be utilized to create another Trend-Based Fib Extension to further identify areas of reversal for the continuing downtrend as shown below.
Looking at this newly created Trend-Based Fib Extension, we see that the areas moving down to the 78.6% extension level are very well respected, at which time the price found support, creating a triple bottom reversal pattern.
It is interesting to note that the 78.6% extension on this Trend-Based Fib Extension pull is at $1.82, and the 200% extension level from our first Trend-Based Fib Extension pull was at $1.95, a mere $0.13 difference in price.
This area where the two levels of a Trend-Based Fib Extension or Retracement group together is know as a Fib cluster and indicates areas of strong support or resistance.
With price forming a triple bottom and reversing from this level, is it possible that this is the bottom of the downtrend?
Could a new Trend-Based Fib Extension now be pulled from a new Low/High/Low to identify potential areas of support and resistance?
Give it a try and see what you find!
Heikin Ashi Charts vs. Candlestick ChartsFollowing price action is at the core of markets. One glance at a chart can show you a trend, trade idea, or serve as a quick way to check the holdings in your portfolio.
Candlestick charts are one of the most popular ways to look at price action. A single candlestick shows the high, low, open, and close for a specific time period. This means that a lot of price information is stored in a single candlestick. However, sometimes, that price information is filled with volatility or chaotic trading.
That's where Heikin Ashi charts are most useful - they smooth out the price by showing an average price range rather than the exact measurements. In fact, Heikin Ashi charts were developed in Japan and the word Heikin means “average” in Japanese. For those who invest over long-term horizons or look for sustainable trends, Heikin Ashi charts can be an effective way to smooth out price and show clearer trends.
The key to understanding Heikin-Ashi charts is to remember that each bar, whether it's red or green, shows an average price range for a specific time period whereas a candlestick chart shows the exact price levels for that time period.
The formula for a Heikin Ashi looks like this:
Open = (Previous bar open + previous bar close) / 2
Close = (Open + High + Low + Close) / 4
High = Highest point whether it's the open, high, low or close
Low = Lowest point whether it's the open, high, low or close
Make sure to test out these two different chart types and have some fun. There is no better way to learn than to compare and contrast the two types of charts as we are doing in this example. Remember, it is also about your personal preference. Do you want to see every granular detail in price action? Or do you want to see an average price of that trading action? This is entirely up to you and the tools are here for you to try.
NOTE
While Heikin Ashi and other non-standard charts can be useful to analyze markets, they should not be used to backtest strategies or issue trade orders, as their prices are synthetic and do not reflect bid/ask levels at exchanges or brokers. If you need more information to understand why that is, have a look at these publications:
• In the Help Center: Strategy produces unrealistic results on non-standard chart types (Heikin Ashi, Renko, etc.)
• From PineCoders: Backtesting on Non-Standard Charts: Caution!
Thanks for reading and please leave any comments or questions if you have them!
Using Linear Regression ChannelsLinear Regression Channels are a great way to identify potential key levels of future price action by graphing the normal distribution of a trend.
When using the Regression Trend tool (located in the drawing panel under the “Trend Line Tools” group) two points on a trend are chosen, generally at the beginning of the trend and the end of the trend.
When the two points on the chart are chosen, the normal distribution of the dataset is calculated between the two chosen points and displayed in the form of a linear regression channel.
The center line in this channel is the Linear Regression Line or Mean, and the upper and lower lines are the Upper and Lower standard deviations from the mean as set in the tool’s settings (default settings are +2 and -2 standard deviations from the mean).
The correlation of this linear relationship is displayed as Pearson’s correlation coefficient , or Pearson’s R. This can be displayed or hidden on the chart by selecting it within the tools style menu.
Pearson’s R shows the strength of the correlation as well as its direction, with values moving between -1 and 1. As Pearson’s R moves further away from zero, the strength of the linear relationship between price and time increases. When using the Regression Trend tool, Pearson’s R will always be set as an absolute value (positive), but the direction of the trend can be visually identified.
Mean reversion
When a regression trend has a high correlation, this is due to the consistency of price action laying along the mean (center line), with fewer points moving above and below the mean line to the upper and lower standard deviation levels.
One way to trade using a linear regression channel is to trade the price action as it moves away from, and back to the mean.
As this tool is used, it is important to note that a channel graphed containing more bars and having a high correlation is more likely to have price continue in that trend than one that is graphed with only a few bars and having a high correlation.
The length of the trend should be considered when trading these channels.
With the Regression Trend tool, you can start utilizing statistical analysis in your trading strategy with only the click of a few buttons!
How To Add Emojis To Your ChartIf you publish a lot of research from your TradingView account, emojis will give readers another way to engage with your work. Emojis are recognized globally and can help others better understand how you're thinking or feeling. They can also be used as quick reminders or notes.
Here's how you can add emojis to your chart:
1. Copy and paste an emoji directly into the text box tool like this 👋. If you need help finding an emoji to copy and paste, there are several websites that make this easy to do. You can add emojis to any text box or drawing tool that supports text.
2. The second method is to use the Signpost tool. The Signpost tool is located in the Annotation Tools menu on the left-side of the chart. Select the Signpost, place it on the chart, and then open its settings to add an emoji. The Signpost tool can be used to leave detailed notes at specific price levels. It is easy to use, fully customizable, and it can be dragged to any point on your chart. We've included a few examples on the chart above where we've also customized the background color of each Signpost. 😎🐻 🥶🐂
Thanks for reading! Let us know if you have any questions or comments. Our team is always listening and waiting to help.
Creating Lines with ShortcutsCreating lines on a chart is one of the most fundamental methods of charting when performing technical analysis. Being able to create these effectively and quickly is a very useful skill to have.
Horizontal, Vertical and Cross lines can all be found on the drawings panel to the left of the chart in the subgroup “Trend Line Tools”. These tools can be added by selecting them from the subgroup and then placing them on the chart.
However, a more efficient method to creating these lines is to utilize the hotkey functions:
Horizontal Line Shortcut:
- Alt+H (PC), or Option+H (MAC)
Vertical Line Hotkey:
- Alt+V (PC), or Option+V (MAC)
Cross Line Hotkey:
- Alt+C (PC), or Option+C (MAC)
Becoming more efficient in your ability to draw lines on your chart will allow for quicker identification of areas of support/resistance and times on your chart.
Be sure to visit our help center to learn more about these tools!
More information on the Horizontal Line tool:
www.tradingview.com
More information on the Vertical Line tool:
www.tradingview.com
More information on the Cross Line tool:
www.tradingview.com
Create Alerts (And Wait Patiently)There are two key steps to creating alerts:
1. Find Important Price Levels
Do your research. Find a price level that looks important and wait. Patience is everything. You have the tools available to you to research and follow markets. Whether it's a simple trend line , moving average or a custom Pine Script, use the tools to make better decisions. Find the ideal entry or exit.
2. Create The Alert
Once you've found a level that interests you, create an alert and walk away. Right-click on that exact price level and then select "Create Alert" from the menu. You can also use the keyboard shortcut Alt + A or on a Mac option + A. Lastly, at the top of every chart is an alarm clock icon ⏰. Click that to open your alert menu and get started.
The chart in this example shows a level we're watching. It's just an example and meant for education. It also shows the alert we created marked by orange line. Your alerts will look like this as well and you can create them for any symbol or custom pair i.e. ETHBTC, AAPL, and TSLA/BTCUSD. In this example, we've marked a possible double bottom that we will wait patiently for. Let the alert hit before doing anything.
We'll get notifications on our TradingView mobile app, through email, and on our desktop. Then we can act. This makes our trading more manageable rather than following every tick, minute-by-minute. 😁
Alerts can help you plan ahead and wait. We all know patience is important. So use alerts to express that patience.
Thanks for reading and we look forward to hearing your feedback in the comments below!
How To Use Our New Timeline FeatureWe created Timelines to help people learn more about the companies and symbols they follow. Timelines are comprehensive guides that reveal the history, key events, and defining moments of a specific symbol. As a trader or investor, Timelines can be used to study the historical events of markets and the story that makes a symbol what it is today.
In this video we show you how to use Timelines and where they can be found. If you need help finding a Timeline, check out the examples we linked below:
1. Tesla Timeline
2. Apple Timeline
3. Bitcoin Timeline
4. Shopify Timeline
We hope you enjoy Timelines and use them to learn more about markets. We also invite you to share your thoughts in the comments. Please let us know what Timeline you want to see next. Even better, please let us know if you think can help! You can also try making your own Timeline with the Annotation tools available to you like Price Note and Signpost.
Thanks for being a member! 🙌
Music For Trading and InvestingWe teamed up with a behavioral psychologist to look into the science behind the best song choices for trading and investing. We identified a formulae based on the five essential components of music — Tempo (BPM), Tone (T), Length and Volume (LV), Lyrics (L) and Mood (M). We then used these formulae to create two specialized playlists:
Playlist #1: Zero In - Songs that aid concentration and can be used when researching your next moves.
Playlist #2: All Out - Songs that encourage you to be decisive and a confident to take action.
You can find both of these playlists free and open to everyone on Spotify . We'll be updating them as we go. In addition, please feel free to share your favorite songs for trading in the comments below.
Now let's dive into the calculations behind each playlist. You may find this part especially interesting if you're passionate about music or looking to learn more. You may also realize that markets and music have a lot in common.
🎯 Zero In — Time To Focus and Concentrate
Focusing = “BPM (50 – 65) +TM +LVL (+ or -) -LN +M”
BPM: find songs with a tempo of 50-65 beats per minute
TM: select a mellow tone that soothes and relaxes
LVL: longer songs make for better concentration
LN: choose a track with few or no lyrics
M: a slow, less melodic mood will help the brain focus on the task at hand, and not the music
💥 All Out — Building Confidence To Make That Final Leap
Action = “BPM (65 – 85) +TU +LVS (+ or -) -LS +M”
BPM: find songs with a tempo of 65-85 beats per minute
TU: select an upbeat tone that positively enhances cognitive function
LVS: shorter songs with a faster tempo will keep you motivated when performing a task
LS: During Activation of a task, having lyrics in your playlist, is less important, so choose songs with some lyrics that motivate
M: an upbeat, lyrical mood will give you a boost of dopamine, helping you feel brave and confident
Thanks for reading and we look forward to hearing your feedback. Go ahead and give these playlists a try. Let us know how they help you prepare and take action. Please also share your favorite songs for trading in the comments.