5 Tools For Dips, Crashes, and VolatilityVolatility is challenging. But it can also be exciting if you're ready for it. In this idea we're going to show you five tools to make better decisions for when markets are volatile, choppy or bearish.
1. Invert Chart Your Chart 📉
Invert your chart to see how it looks turned upside down. Open a chart and type ALT + I on your keyboard. On a Mac, type ⌥ + I. This keyboard shortcut flips your chart upside down. Now ask yourself: would you buy or sell? Selling an inverted chart = bullish. Buying an inverted chart = bearish. Challenge your bias.
2. Regression Trend, Pitchforks, and Fib Retracements 📐
Certain drawing tools work better than others in volatile markets. That's because they are designed to measure dips, bounces, and statistical anomalies. For example, the Regression Trend tool shows upper and lower bands representing a number of standard deviations away from a trend line. Pitchfork drawing tools help you see trends or channels while having standard deviations plotted at the same time. You have access to four different Pitchfork drawing tools. Finally, there's Fibonacci Retracements . Harness the golden ratio to plan for bounces and possible levels of support.
3. Pine Script Public Library 👨💻
Seek help from others, especially the coders. Head over to the Pine Script Public Library and start exploring the scripts coded by other traders and investors. There are custom tools, strategies, and indicators for all market conditions. Remember, Pine Script is also how you can automate your strategy and create your own indicator. Remove emotion from your decision-making. Write your trading or investing rules in code.
4. The Long and Short Position Tool 🗺
Plan your trades before you make your trades. The Long and Short Position Tools are how you map out your trade ideas directly on the chart. Set an entry, an exit, and a take profit target. See your trade on the chart and visualize it. Planning your trades with these tools will save you a headache or two. Learn how to use the Long and Short Position tools here.
5. Education on TradingView 🎓
The Education section on TradingView is free and open to all. Here you will find thousands of publicly available guides to trading and investing. Each guide was made by a TradingViewer just like you. Learn about their strategy, how they approach markets, and what their processes are. You can also follow the authors, ask questions in the comments, and reach out for additional help.
Thanks for reading this guide! We hope you enjoyed it and please leave any questions or comments below. Also, please share your favorite tools for managing trades in a choppy market.
TradingView Tips
Meet Our New Drawing Tool: Price NoteWe created Price Note to make it even easier to attach notes at specific prices. We know how important it is to keep detailed notes on your favorite charts and our new drawing tool will help.
How to create your first price note 📝
1. Select the tool from the Annotation Tools panel. This is the same place where you find the Text tool.
2. Place two anchor points. The first point sets the price, and the second one is the coordinates of the price label.
3. Add text to appear along the Price Note by opening the settings dialog by double-clicking on the note. You can also change the line and text colors from the settings dialog.
Use keyboard shortcuts when working with Price Note!
1. Press Ctrl (Windows) or command ⌘ (Mac) while placing a point so that the point is drawn to the nearest symbol value. This keyboard shortcut turns on your Magnet.
2. Press the Shift key while placing a point to set the slope of the line in multiples of 45 degrees. Pro tip: this is especially helpful for placing Price Notes at perfect angles. Perfect angles = beautiful chart. 🎨
We hope you enjoy this new drawing tool. By the way, the chart above shows Bitcoin Dominance, S&P 500, and Tesla. We've placed price notes as examples for each symbol. Feel free share to share any charts you make with a Price Note below in the comments.
Please also share any questions or feedback below. Thanks for reading.
5 Tips For Faster ChartingHere are 5 tips that will speed up your charting. Each tip in this idea involves a simple keyboard shortcut: hold the command key on a Mac or Ctrl key on your PC. Mastering this keyboard shortcut will improve the way you select multiple drawings, apply bulk edits, and ultimately speed up your research process.
1. Select multiple drawings in an area by holding down the command key on a Mac or Ctrl key on a PC and then dragging the mouse over the area you want to select. This is one of the fastest ways to select multiple drawings at once. Hold command/Ctrl and then drag your mouse over a specific area.
2. You can also select multiple drawings one at a time. To get started, press and hold the command key (Mac) or Ctrl key (PC) and then click each drawing one by one. This is a helpful for selecting specific drawings that are spread out around the chart or hard to find.
3. Once you've learned to select multiple drawings on your chart, did you know you can apply bulk changes to them? For example, you can select multiple drawings on your chart and then change the color for each one with one click. Hold command/Ctrl, select each drawing, and then change the color in the floating toolbar that appears.
4. You can change more than just the color... You can also apply bulk changes to the line thickness, border, visual order, and font color. Select each drawing using command/Ctrl and use the floating toolbar to apply any necessary changes.
5. The command and Ctrl keys can also be used to clone a drawing. Hold command on a Mac or Ctrl on a PC and then drag the selected drawing. It will instantly clone. 🕺🕺
We hope you enjoyed these five quick tips. The key is to master the power of the command and Ctrl keys. With this keyboard shortcut you can select multiple drawings, apply bulk changes, and instantly clone drawings.
Please let us know if you have any questions or comments about these tips! Our team reads the comments and will help you the best they can. You can also write feedback and suggestions.
P.S. We use the #TradingViewTips hashtag to share other helpful tips about using the platform. 🙌
Who Are Your Favorite Follows?Share the names of your favorite follows in the comments below. Together, we can build a list of the most interesting traders, investors, and market thinkers. We'll also give out TradingView Coins to those who uncover new and interesting names on TradingView. Just tag their @ username and we'll tip you Coins if we agree. 🎉
To get started, head to the comments below and write the usernames of your favorite follows. Please refrain from linking to any outside sources. All you have to do is write their username or name.
You can share your favorite follows for any and all asset classes. Equities, crypto, forex, futures, and more are all welcome. In-fact, the more diverse we make this list the better. Let's uncover new and interesting follows across the financial market landscape.
Here are some characteristics to consider BEFORE following someone:
• Experience 💪
• Trustworthiness 🤝
• Clarity of ideas 📚
• Authenticity 🧙♂️
• Titles, spelling, and grammar ✍️
• Actionable analysis 💰
• Thoughtful research 📈
• Beautiful charts 🎨
• Completed profile 👨🚀
• Track record 💸
• Realistic claims and humility 🧘♂️
• Transparency
P.S.
Please refrain from sharing any spam. Please also remember to be nice! Our moderation team will immediately remove spam to ensure we are working together to build a stronger social network.
Let's see how this goes! Get started in the comments below 👇👇👇
Two New Tools to Improve Your ProcessProcess is important. It's how you stay disciplined. It's also how you focus on the ideas and strategies that you are best at. In this post, we'll show you two tools that may help your investing or trading process.
Our New Alerts
Create an alert and then sit back and wait. Get a notification delivered to your phone, email, and browser. Right-click on your chart to add an Alert or click the Alert icon ⏰ if you're on our free mobile app. Make the markets work for you by creating alerts at important price levels.
Our team is excited to show you our new alert feature that supports dynamic messages. This is a game changer for those who understand Pine Script and the importance of alerts. You can now code alerts to display messages that dynamically adjust based on price action or other factors. Our new script alerts use an `alert()` function, which works in both strategies and studies. To get started with this, open the Pine Editor at the bottom of your chart while on a desktop computer. To learn more about this, read our launch blog post here.
New Watchlist Features
We know how important your Watchlist is. That's why we recently launched Sections and made it easy to add symbols to your list. To get started, open TradingView on your desktop computer and then right-click on your Watchlist. Then select either of these two options: Add Sections or Add Symbol. Sections will create a divider on your Watchlist with a custom name. This tool will help you better organize your Watchlist. If you click Add Symbol you will be directed to add a symbol of your choice to that exact point on your list. By the way, if you're reading this from our mobile app, you can press and hold on any symbol to remove, flag or open a chart. Pro tip: your watchlist syncs perfectly between your mobile phone and computer. Take your watchlist anywhere.
We hope you enjoyed this post! If you have any questions or comments, please write them below. Our team wants to help and we listen to your feedback.
Meet Our New Bitcoin TimelineIf you’ve not seen our Timelines feature yet , here’s a quick recap: a lot of the time, when you look at a symbol’s history, you have no idea why the price moves in the way it does or the stories behind it. With our Timelines you get all the contextual information you need on the key market-moving moments, mapped directly onto the symbol’s chart.
From early stunts of trading Bitcoin for pizza, to highs of $40,000 a coin (so far), the cryptocurrency’s journey at times plays out like a Hollywood movie. So we’ve taken its story, and uploaded the movie in 8k resolution for repeat viewing on our Bitcoin ticker page.
We're release new Timelines by the month and have plans to enable the community to support them as well. For now, please send us a private message to get involved. You can also create your own Timeline by using the Signpost and Text tools to write key events on your chart (like we did above) and then then publish it to your personal profile. If it's good, we'll share it with our team! It may possibly make it to Editors' Picks on the front page. 😍
Here are some other Timelines:
Tesla
Shopify
Beyond Meat
Zoom
Lyft
And stay tuned, much more will be coming soon.
Have we missed something important on these Timelines? We build them for you, so all feedback is super helpful.
Happy history surfing,
Team TradingView
Three Ways To Make Better Decisions in MarketsBefore we dive in, it’s important to share a few more words about who we are. We empower traders and investors with professional-grade tools, charts, news, and global data that was once only available to select groups. Our tools are available to everyone on desktop or mobile. Our goal is to empower traders and investors to grow over the long run. 💪
The key driver behind this post is that you don’t want to rush anything before understanding what's at risk, your goals and long-term plan. We realize that in spite of our efforts and intentions, sometimes people get swayed by irresponsible posts across social media, inevitably leading to unmet expectations. We want to help people avoid this. So let's talk about three ways to make better decisions in markets. Remember, this post is strictly for education in a very fascinating time in market history! Keep reading... 👇
1) Do not blindly follow someone else’s opinion without doing your own research. Use the tools available to you to learn, study, and analyze markets.
Our social network is big and growing. We encourage everyone to publish their first idea, try chats, and follow others. It's never been a better time to meet fellow traders, learn with them, and grow. But as social media converges with markets, there are several important risks to discuss. Avoid picking up bad habits, being swayed by popular opinion, and succumbing to peer pressure. Avoid doing something you have not given critical thought to, objectively analyzed or evaluated yourself. These risks can include trading before you are ready, overtrading due to the abundance of ideas, putting up bigger positions than your account can handle, and changing your mind mid-trade. Keep calm and think first. Take advantage of the tools available to you whether that's backtesting, paper trading, or looking for other opinions that challenge your thesis.
2) Do not expect easy profits just because everyone is talking about it. Instead look for peer review, meaningful connections, and ways to test your own ideas.
No matter how many likes an idea receives, no matter how confident its author may appear or how many chat messages are being shared, there is no guarantee markets will play out as planned. It makes more sense to first review, study, and research an idea yourself to see if it fits your long-term plan. The bottom line is this: someone else’s view should never be relied upon as a substitute for you doing your own analysis before making actual trading decisions. Our social network is best used for peer-review, new connections, and critical feedback to help develop your strategies and understanding of markets. We have a education section dedicated to this. We also have a community of Pine Coders coding the markets. The community here is meant to help you with feedback, ideas, and new concepts.
3) Do not ask for blind real-time signals in chats or comments aiming for easy gains. Instead focus on building your long-term strategy and maintaining a realistic approach.
As social media and financial markets converge, more and more people are expecting easy answers on when to buy or sell. In our public chats (you can find them on the right-hand side of the platform) we encourage people to keep this mind and dig deeper. You won’t learn anything from asking buy or sell questions. You have to study, research, and examine price action beforehand. Our social networking tools offer great opportunities to talk in real-time and exchange opinions, views, and research. Using them the right way will help you grow as a trader and learn from others over the long haul. But making hurried trading decisions based on flimsy trade calls is rarely a good idea. Just don’t do it!
There’s no better way to learn than by immersing yourself in an environment that exposes you to many different ideas, conversations, and strategies. We hope that our platform boosts your knowledge of markets while allowing you to perfect your craft. Insights from others can also help you make better decisions, but only if used in a thoughtful manner that focuses on patience, process, and education. In addition, always remember that you have the tools right in front of you to perform your best research.
Thank you for reading! We look forward to hearing your thoughts below. 🙏
How To Follow Earnings and News From Your ChartIn this video we show you the basics of following earnings and news from your chart. This is especially helpful for equity investors and traders, but it also applies to those interested in crypto, forex, and futures because you will learn how to follow breaking news directly from your chart. All TradingView members have access to high quality news by clicking the News icon 📰 on the right-side toolbar.
Here are the three key features we cover in this video:
1. Read breaking news about any ticker symbol by clicking the News icon 📰 on the right-side toolbar. This news is real-time and will update instantly when big events happen. Additionally, the news will automatically update and reflect the ticker on your chart. When big price movements happen, open your newsfeed to see what's happening.
2. You can chose to show the Earnings icon on your chart. This Earnings icon will reveal when a company reports earnings and some basic facts about that earnings report including date and EPS estimates. To show or hide your Earnings icon right-click on the chart, click Events, and then select "Show Earnings on Chart."
3. The Earnings Calendar 📆 is a way for you to see who is report earnings, when, and what their EPS Estimates are. Never miss another earnings report. Open your Earnings Calendar daily and quickly scan for upcoming reports so you don't get caught off guard. In the Calendar you can also see upcoming Economic Events. Pro tip: we also have a dedicated Earnings Page that gives you even more details into upcoming earnings.
We hope this video helps you get started with earnings, news, and other events! Please leave any questions or comments below. Our team appreciates your feedback, support, and questions.
The Broker Awards - Bringing More Transparency to MarketsOur first-ever Broker Awards are here. Together, we can bring more transparency to financial markets. Connect a broker of your choice to your TradingView account, research markets, and manage orders seamlessly based on your research. Then rate, review, and follow your favorite broker. Your reviews will help others find a perfect broker for their needs whether it's equities, forex, futures or crypto. Visit our Top Brokers page to see all of the brokers available.
We launched our Broker Awards to congratulate the best brokers based on your reviews. Real traders who write and rate brokers with verified reviews. We're creating a marketplace that brings more transparency to financial markets. By building this marketplace we can reduce bad experiences, give people a chance to share their opinions, and connect customers with the perfect broker for them. Remember - these awards are based on a combination of your reviews, ratings, comments, and overall usage.
Now let's get to the awards! 🎉
Drum roll please... 🥁🥁🥁🥁
Broker of the Year : TradeStation
Connect your TradingView account to TradeStation and access their ultimate trading services across equities, equity/index options, futures, and cryptocurrencies markets. Follow them here.
Most Popular Broker : OANDA
Founded in 1996, OANDA is a leading online trading broker, regulated in all key global markets. Specializing in Forex and CFD trading, OANDA offers tight pricing on a full portfolio of products. Follow them here.
Social Champion : FXCM
FXCM's purpose remains unchanged over its 20-year history. FXCM is a leading provider of online foreign exchange trading. Follow their social posts here.
Most Innovative Tech : TradeStation
For those who connect their TradingView account to TradeStation, you've noticed the upgrades and made that clear in your reviews.
Best Multi-Asset Broker : TradeStation
Crypto, equities, options, and futures are all available to you with a single connected account.
Best Futures Broker : Tradovate
Tradovate is a modern, cloud-based futures broker offering unlimited, commission-free trading for a flat price. No per-trade commissions, platform licensing fees or order routing fees. Follow them here.
Best Forex Broker : OANDA
With nearly 6,000 verified reviews, your votes made it clear about who you wanted to nominate as the best forex broker. Read every review here.
Best Crypto Broker : Gemini
Gemini offers an industry-leading suite of crypto-native products and advanced tools for individuals and institutions. Buy, sell, and store cryptocurrency with world-class security. Follow them here.
Congratulations to the winners! Special thank you to all of the brokers who work with us and the community of traders who rate and review their broker. We believe this level of transparency will help more people find the perfect broker for their needs. Let's keep it going and please remember to rate and review your broker. Your reviews make a difference. ⭐️⭐️⭐️⭐️⭐️
If you would like to request a broker to add to TradingView, please write the name in the comments below and also send them a message. Your support will help us get in contact with them and let them know this is an important connection. Once again, thank you to our broker partners and the community for writing their reviews.
Five Tips for New Traders and InvestorsWhether you are new or have been trading for 20+ years, this post is a reminder about having realistic expectations when it comes to markets. Patience, the desire to learn, and a positive outlook toward the future, especially over the long run, will help you on your journey. Here are some tips to get you started!
1. Code the markets
Financial markets attract smart people who run strategies, indicators, and analytics to make better decisions. The Pine Script community is a perfect example of this - head over to the Pine Script Editors' Picks page to see for yourself. With Pine Script, you can code and create your own indicator or strategy. More importantly, you can learn the intricacies of price action and the underlying mechanics of specific indicators.
2. Paper Trade to test your ideas
All members have access to our free Paper Trading tools. This means you can trade, invest, and study your ideas in a simulated environment. Do you think you can outperform the market? Open a chart on your desktop, click Trading Panel at the bottom, and connect your account. Place trades and study your performance over the next several days, weeks or months. Let's see how good you really are before risking any real money. 😁
3. Follow others, use chats, and be open minded
Traders and investors from around the globe share ideas here. They also participate in chats and the comment sections. This is not only an opportunity to learn and meet others, but it is also a reminder of who else is participating in markets. You can get instant feedback by asking questions, following their profile or contributing to various chats. It's never been easier to network and work with others to learn about the markets. It's also a reminder that markets are competitive. So get started by exploring the community, meeting others, and learning new concepts.
4. Backtest, backtest, backtest
The Strategy Tester makes it easy to backtest your trades over a period of time. You can test different strategies in the Public Library by opening the indicators menu and selecting a strategy. Strategies are shown with a down red arrow and an up green arrow at the end of its title. It will look something like this: "Momentum Strategy 🔻▲." Add a strategy to your chart and use the Strategy Tester to follow its performance. For those looking for a simpler way to backtest, the Bar Replay tool can take you back in time to test your ideas on a specific ticker. Press the Rewind ⏪ button on the top of your chart.
5. Make a plan
Many new traders and investors forget to make a plan. Instead, they start trading without testing their ideas or learning from others. Use the tools available to you and make a long-term plan! Draw your plan directly on the chart, use the Text Notes tool located at the bottom of the chart as a personal blog or diary, create indicator layouts, save specific chart layouts to never lose your plan, and create alerts for quick reminders. All of these tools can enhance your process and long-term plan. Visit our Help Center to learn more and everything available to you including any questions you may have about your account.
We hope you enjoyed this post and please leave any questions or comments below! Our team is always reading for your feedback. Stay tuned, we have more posts like this coming.
Meet the new Highlighter and Signpost drawing toolsWe recently added two new tools that are available to everyone. The Highlighter is an easy way to highlight price levels, notes, and events on your chart. The new Signpost is a fast way to place notes that connect to specific price levels or events. In the chart above, you can see both of these tools in action. Below, we will give you a little more detail about how to use these tools and where to find them.
Highlighter
We've all used a highlighter before to add emphasis to important words or text. Our new Highlighter tool works in the same way. You can highlight price levels, text or other objects on the chart by simply selecting the tool and then highlighting an area on the chart. To get started with the Highlighter tool, find and open the Geometric Shapes menu on the left side menu. This is the same menu where you can find the Brush, Path, and Rectangle tools. Use the Highlighter tool to add additional emphasis to your research and charting.
Signpost
You can find the the Signpost tool on the left side menu under Annotation Tools. This is the same place where Text and Arrows are found. Once you've selected the Signpost tool just click a point on the chart to place it. You can then drag the Signpost up or down and change its distance from the selected point. The Signpost is an effective way to write notes or reminders at specific price levels. You could even make your own Timeline. 😉
We hope you enjoyed this post about our two new tools Highlighter and Signpost. Please leave a comment below if you have any questions or feedback for us. Our team is always listening! Feel free to share some examples of how you use the Highlighter or Signpost tools in the comments below. You can share a link to your charts.
How to connect a brokerage and join the Broker AwardsIn this video we show you how to connect a brokerage to your account. We also talk about rating your favorite brokerage and participating in our upcoming Broker Awards. 🏆
When you connect a brokerage you can trade, invest, and follow markets with advanced tools built directly into our platform. To get started, find and click the Trading Panel button at the bottom of your chart. Once your brokerage is connected, you can use the Order Panel to create orders and manage risk including take profit targets and stop losses. When you place an order, it will appear on your chart. This is one of the biggest advantages of trading with a connected brokerage - see your trades directly on the chart. Make a plan and then visualize the risk and reward.
As a TradingView member with a connected brokerage you are allowed to rate and review your favorite brokerage. Your reviews will help others find the perfect brokerage for their needs. Together, we can build a transparent marketplace with real reviews by real traders. Get started by visiting our Top Brokers page.
Remember, your reviews are important because they will determine our first-ever Broker Awards. Here are the awards we will be giving out based on what you say:
• Broker of the year
• Most popular broker
• Social champion
• Most innovative tech
• Best multi-asset broker
• Best futures broker
• Best forex broker
• Best crypto broker
If you have any questions or comments, please leave them below. We look forward to seeing your reviews and announcing the awards on Jan 20, 2021.
How to Be Featured on TradingViewTradingView has always put the community at the core of its product. Your feedback and support helps us build and get better. That's also why we're happy to return the favor by highlighting top content created by traders and investors. We do this with by sharing your published work in our Weekly Digest Email (check your email inbox Monday morning!) and with Editors’ Picks ( see all the picks here ).
Whether you are a beginner or an experienced market participant, we invite everyone to share their ideas. To be featured, follow the step-by-step guide below. 👇
Step 1 - Make sure your title is clear 🔑
Make sure your idea has a title that is easy to understand and read. Don’t use all caps and make sure it properly represents the core idea. Check for spelling or grammatical errors and remember to push for quality over quantity. In addition, everyone will see your profile picture next to your idea so make sure your profile is complete and up to date . Here's an example:
15 Types of Financial Market Participants Explained
Step 2 - Create a beautiful chart 🎨
Remember, the chart you see in front of you when clicking the “Publish” button is the image that represents your idea. It’s the first thing people will see. You will want to make sure it’s visually captivating and easy to understand.
Pro tip #1: Make sure the drawings, objects, and indicators on your chart are easy for others to see.
Pro tip #2: Use colors and contrast to make your chart pop. You have full control over your chart’s color scheme. Make it pop and make it clear.
Pro tip #3: Keep a separate saved layout for publishing ideas so that you can save your artistic charts and separate them from your analytical charts. Your brain’s right hemisphere deserves that. Here's an example:
Monthly Bark Box subscription service to go Public via SPAC
Step 3 - Write a thoughtful description (and spell check!) 📚
When you click the Publish button located at the top right-hand corner of your chart a text editor will appear. You can use the text editor to enhance the description in your idea. Add bold & italic texts, bulleted lists, images, and links (please no spam). All of these features can make your ideas more compelling to the reader.
Pro tip #1: Make sure you space out your text and give it structure. Use paragraphs and proper spacing to let the reader breathe and enjoy your idea.
Pro tip #2: Do you have what it takes to add exact entry and exit prices to your idea? Are you willing to be as transparent as possible? The best traders and investors are not afraid to share their process including entries, exits, winners, and losers.
Pro tip #3: Focus on explaining your idea thoroughly. You don’t have to be in a rush. The more thoughtful you are, the better your idea will perform. Here's an example that we recently shared:
10 Tools for Creating a Trading Plan
Now that you’ve taken the time to become a master at publishing ideas, we want to let you know we are open to featuring your ideas! There are two ways you can get our attention right now. Use the comments below to share your profile and also examples of your work. The second way you can share your ideas is to send a message to our official TradingView account. Anyone can send us a private message!
We hope you enjoyed this complementary guide. In addition, we look forward to featuring your ideas in the Weekly Digest or even in Editors' Picks.
P.S.
Please keep in mind that maintaining a profile free from spam and unnecessary solicitation is important. You can read our House Rules for more information .
Fun Facts About The Last 12 Months on TradingViewIn this post, we want to share a few facts with everyone about TradingView including the most popular chart types and current size of the community. We will also share several encouraging suggestions to help make 2021 a good year.
1. The most popular chart over the last twelve months was Candlesticks. That may come as no surprise to many of the traders out there. A candlestick chart conveys a ton of price information and sentiment. By the way, if you want to read more about candlesticks and how to use our automated Candlestick Patterns, visit our Help Center here. The least popular chart type was Range.
Note: for more tips about customizing your chart, watch this video from a fellow community member.
2. The most popular built-in indicator was Relative Strength Index (RSI). The least popular built-in indicator was Ease of Movement. This year, take some time to learn more about how indicators are coded. You can create your own indicator with our proprietary language Pine Script. You can also find innovative and unique indicators coded by the community here.
3. 131 million people have visited TradingView over the last 12 months for a total of 2.5 billion page views. The community is growing and there's never been a better time to learn markets with others. Even better, it's a fantastic time to help others learn about markets. Make sure your TradingView profile is up to date and try publishing your first idea, like the post you're reading right now, to your profile page.
4. The most times a registered user has come back to TradingView in 12 months? 104,142 times. If you think you might beat that number at some point because you love following markets, leave a comment below. 😂
5. The longest time a single person remained logged in was 153 straight days. Who else checks the markets each day of the week without ever logging out?
6. The most popular fundamental metric that investors looked at was Revenue. The least popular was Operating Lease Liabilities. Pro tip: click the question mark icon next to any financial metric in the Financials menu to learn more about that specific metric.
7. The most liked idea was this explainer about candlestick charts:
8. The most commented idea was this post trying to call the top in Bitcoin P.S. calling tops is really hard 😄
We hope you enjoyed these fun facts about TradingView and look forward to growing with everyone in 2021. One of the key themes of this year will be exploring everything that's available to you as a member. For example, while Candlestick charts are the most popular, keep in mind you can use Heikin Ashi, Renko, Kagi, Point & Figure, and Baseline charts.
Keep following our official account for more posts and suggestions like this. As always, leave any feedback in the comments below.
10 Tools for Creating a Trading PlanToday, we want to share a few tips about creating a plan. We want to especially highlight some of the tools available to you as a TradingView member.
1. Use our free Paper Trading tools to see what it's like to manage money. Open the Trading Panel to get started. You can find this button at the bottom of your chart. Paper trading is important because you can test and manage your trades or investments in a simulated environment. You don't have to risk any real money.
2. The Long and Short Position Tools are how you plan a trade before risking any real money. The tool is located on the left-side toolbar of your chart. Select the tool and then plan your trade. More importantly, visualize it on the chart. Set an entry point, stop, profit target, and define every aspect of risk management.
3. Note taking is essential for working through your ideas. You can write notes directly on the chart using the Text tool. Note taking helps you think more deeply about your trading process and easily share that with others for feedback. Here's an example:
4. Find trades that fit your criteria and style rather than chasing news or big moves. Use the screener tools to find perfect ideas. Are you a momentum trader? Swing trader? Long-term investor? All of these approaches can be refined with our Screener tools. Create custom scans for stocks , forex , and cryptocurrencies .
5. Read the Education section to learn about new concepts and strategies. Each day, traders and investors from around the world publish long-form research about markets to the Education section. It is open to everyone and free to use. See the education section here. We've also included some examples below:
How to chart advanced calculations
The importance of backtesting
6. Publish your ideas and get instant feedback from everyone. There is no better way to learn than with others. To Publish an idea, click the Publish button located at the top-right of your chart. Fill out some basic information and write a thorough description. Once you've published your idea other traders and investors can comment, like, and send feedback.
7. Save your charts and research so that you never lose your work. Organization is a key component to any trading plan. If you're drawing on your charts, taking notes, and analyzing price you want to ensure that your work is saved and easy to find. Click the cloud icon at the top-right of your chart to save it. Use the dropdown next to the cloud icon to name your chart and open other charts you've saved.
8. Take your charts, watchlists, and research anywhere with our free mobile app. Everything synchs perfectly from desktop to mobile. You only need an Internet connection. One useful tip is creating multiple watchlists and organizing them to your needs. Take your watchlist anywhere and follow your plan.
9. Use the calendar and events tools to keep track of upcoming events. You never want to be caught surprised by an earnings report or major economic event. On the right-side toolbar there is a Calendar button. You can also add Earnings, Dividends, and Splits to your chart by opening your Settings and selecting them in the Events menu. They will appear as icons near the bottom of your chart.
10. How do you plan your trades or investments? Leave a reply in the comments. Together, we can share ideas in the comments, meet new traders to follow, and build a list of helpful tips. There's no better way to learn than working with other people. We hope you enjoyed this post.
We've added 100+ years of price history for gold and silverThe team at TradingView is committed to building a platform that gives you the best charts, data, and visualizations for better decision making. Today, we're happy to show you two new data feeds that we've expanded for those who want to see the history of gold and silver.
You can now chart over 100 years of price history for gold and silver. As two of the oldest precious metals and essential to the evolution of currencies and trade, we believe these additional years will be invaluable for long-term precious metal traders and enthusiasts. See gold or silver in short-term time frames or long-term time frames going back as far as 1915.
To get started, type GOLD or SILVER into your search box. You can also use the two links we've included below for quick viewing:
• See a live gold chart
• See a live silver chart
We hope you enjoy these expanded datasets and if you want us to add even more data for a specific ticker, please write it in the comments. Our team will do their best to add it for you. Thanks for reading!
How to chart financials for any companyThis chart shows some key financial metrics for Netflix. We're using the multi-chart layout feature to show the following financial situation:
1. Netflix Quarterly Revenue
2. Netflix Cash & Equivalents
3. Netflix Total Debt
4. Netflix Forward Price-to-Sales ratio
With the financials feature on TradingView, we could chart a lot more than this. Including EPS, R&D, PE ratio, EBITDA, Market cap, and more. We wanted to share this layout with you to demonstrate what's possible. Whether you're a value investor or a short-term trader you can chart the financial situation for a company to better understand the fundamentals that are driving price or telling the story behind a particular asset.
For example, Netflix's cash is growing and so is Netflix's revenue. But this chart layout shows that it's not all good news. Netflix has taken on some massive amounts of debt. Debt continues to rise as content becomes more expensive. This post is not investing or trading advice, instead it is educational. As a TradingView member, this data is available to you right now. You can examine the financial situation for Netflix or other companies.
To get started, click the Financials button located at the top of your chart. The Financials icon looks like the bar chart 📊 emoji. Once you've opened the Financials menu, you can sort by Income Statement, Balance Sheet, Cash Flow, and Statistics. You can also use the search field to find specific financial metrics that are relevant to you.
Before you head to the comments to leave a positive review with some interesting feedback 😁, we have a few more tips to share:
1. When you open the Financials menu, you can hover your mouse over a Financial metric. To the far right of that metric select either Quarterly or Annual. Quarterly will show you the numbers a company reported every 3 months or quarter and annual will show what a company reported every 12 months or full year.
2. For other financial metrics, when you hover your mouse over them, to the far right you will see a question mark icon appear. You can click this question mark to get a definition for that specific financial metric. So if you ever need to learn something new, it's just one click away. Below we've shared some examples:
Price to Sales Ratio
Research and Development
Basic EPS
Free cash flow
Enterprise value
Thanks for reading and following along. If you have any questions or comments, please write us below. You can also leave feedback or product requests. Our team is listening! 💙
How to create chart art, infographics, and custom visualsThere are two things you have to master to create the best chart art:
1. The drawing tools available to you
2. Your chart settings
In this video, we show you how to create a blank canvas for chart art, infographics, and custom visuals. The first step to getting started is understanding how you can turn your chart into a blank canvas. Open your chart settings to get started. In your chart settings you can control the look and feel of your chart including the ability to hide everything, even the price line, and draw on an open canvas. You can also control the background, scales, and color of the price line to create something totally unique to you.
The simplest way to create a blank canvas is to uncheck each box in the chart settings and adjust the background color of the chart including the vertical and horizontal grid lines. Once you've created your blank canvas, you have the freedom to create and draw anything you want. You can use this canvas to make flow diagrams, pictures, and more. It's really up to you and your level of creativity. Here are some recent examples that convey interesting educational lessons or trading concepts:
How to manage risk
What is growth investing
How to think about the long term
The trader's journey
The final step to creating the best chart art and custom visuals, is to make sure you master your drawing tools, which are located on the left-side of your chart. You can use them to draw anything that comes to mind. It could be a flow chart, a cartoon or even a picture. You will want to make make the brush tool your best friend. It's how you draw freely across your chart as if you were holding a pen or a paint brush in your hand.
We hope this video tutorial helps you get started and we look forward to seeing the work you create.
Please leave any questions or comments below. In addition you can ask for product features or product requests and we will share them with the team.
How to use log charts and why they're importantThe two charts in this idea show Tesla's stock price since its IPO. The only difference is one chart is a log chart and the other is a normal linear price chart. That's why they look different. Understanding log charts and normal linear charts is an important skill for all traders and investors. Especially when looking at price changes over long periods of time.
The chart on the left is a log chart of Tesla and the chart on the right is a linear price chart of Tesla. Log charts show the percentage change difference between prices while a normal linear chart shows a fixed distance between prices. Take one more look at both charts above. If you still don't fully understand what they show, don't worry, keep reading. 😁
Let's say Tesla, back in its early days as a publicly traded company, spiked from $5 per share to $10 per share. That is a 100% move. You would have doubled your money. A few years later, Tesla reached $100 per share and then spiked to $105 per share. That is only a 5% move. Both price moves in this example represent an increase of $5 per share, but one is a much larger percentage change. That's where log charts come in handy - they show this percentage change! On a normal chart, however, each price level is shown at a fixed distance. So a move from $5 to $10 is shown in the same way as a move from $100 to $105.
Getting started with log charts is fast and easy:
1. If you're on a PC, press Alt + L on your keyboard. This keyboard combination will quickly adjust your chart to log. You can press that combination again to return to a normal linear price chart.
2. If you're on a Mac, press Option + L. You can quickly switch between log charts with this combination on your Mac.
3. You can also click the log button located near the bottom right of the chart to toggle it on or off.
One more tip: hover your mouse over the price scale, then click, hold, and drag it up or down to compress or decompress the price scale. This simple tip gives you more control over the price scale for both log and normal linear charts.
So how should you use log charts going forward?
The most important thing to know you have the tools to analyze price action in multiple ways. Always compare and contrast by viewing both charts when necessary. New traders and investors are always surprised by how much more information a log chart shows over long periods of time. Additionally, comparing log charts to normal linear price charts can unlock new insights. The two Tesla charts in this example demonstrate that perfectly. One chart looks parabolic, noisy, and slightly messy. The other is spaced out, shows defined trends, and makes trading ranges impossible to miss.
Thanks for reading! As always, please leave questions or comments below. If you have a product request or feature need, please also write that in the comments. Our team will help.
How to use Session Volume HD to study price and volumeSession Volume HD was created to add a new level of detail and precision to studying price and volume for each session of trading. Session Volume HD dynamically adjusts to show you more data as you zoom in and out of the chart.
Think of Session Volume HD like a magnifying glass for studying volume and price. What price levels are attracting the most trading volume? How does that change as we zoom in or out of a specific trading session? With Session Volume HD , the more you zoom, the more detail you will see about price and volume for a specific trading day. It's a perfect tool for traders and investors who quickly zoom in and out and change their chart resolution.
In the example above, we are looking at two charts of Tesla both set to different timeframes and resolutions. Do you see the difference between the Volume Profiles shown on each chart? The chart on the left is a daily chart dating back to November. The chart on the right is a 65-minute chart zoomed in on only the last few days of trading. Both charts are using Session Volume HD to display a Volume Profile analysis, but each chart shows a different level of detail. That's because the Session Volume HD tool is dynamically adjusting as we zoom in or out. In other words, as the zoom increases, more volume profile levels are displayed.
As you begin to understand and use Session Volume HD , it's important to remember that the tool can be customized to your needs and observations. Open its settings to get started. Every trader and investor has their own methodology and these settings will help you create your own unique style of research:
Point of Control ( POC ) – The price level for the time period with the highest traded volume . This the red line shown on both charts within each Volume Profile region.
Up Volume - Determines the color for the Up Volume or points where buying occurred and price increased.
Down Volume - Determines the color for the Down Volume or points where selling occurred and price decreased.
Value Area Up - Determines the color for the Value Area Up or where buying occurred in a high volume zone, say 70% of all tradable volume .
Value Area Down - Determines the color for the Value Area Down or where selling occurred in a high volume zone, say 70% of all tradable volume .
Profile High – The highest reached price level during the specified time period.
Profile Low – The lowest reached price level during the specified time period.
Value Area (VA) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion.
Value Area High (VAH) – The highest price level within the value area.
Value Area Low ( VAL ) – The lowest price level within the value area.
We hope this tutorial helps you understand the power of Session Volume HD and other Volume Profile tools. More importantly, we hope it helps you understand all of the features, customizations, and functionality that come with them. Session Volume HD is one of the Volume Profile tools available to you and it's particularly helpful when zooming in and out of the chart, changing timeframes, and looking for additional detail as you study a specific session of trading.
Thanks for reading and please leave any feedback or comments below. If you want to see more Volume Profile tools or features - we want to hear about it! We just may build it for you.
The Importance of Annotation Tools and How to Use ThemThe art of annotation is important to all forms of research, but in the world of financial markets, it is essential. Annotations help you remember key levels, important thought processes, and also quickly convey ideas to followers, friends, and colleagues. It's how you write and share notes directly on the chart.
In this post, we want to highlight the annotation tools available to all TradingView members. Each tool was created to help traders and investors with their research. Remember annotations on TradingView travel anywhere - notes can be read on your mobile device or desktop computer. As long as you save your chart, and have an Internet connection, your chart annotations are accessible around the world.
To get started, head to the Annotation tab located on the left-side toolbar of the chart. Look for the "T" icon where you normally find the Text tool. When you open the Annotations tab you will see the following tools available to you:
Text : Keep notes, share ideas, and write your analysis directly on the chart. Save text notes and take them anywhere.
Anchored Text : This is how you anchor text to a specific point on the chart. It will follow the point as you zoom in or out and move around the chart.
Note : Place a note on the chart and hover over it to see the text. Use the Note tool place text that is only visible when the mouse hovers over it. This is tool is great for writing quick ideas and not clogging up the chart.
Anchored Note : This is how you anchor a note to the chart.
Callout : Create a text box that points to a specific point. The text box can extended or pulled further away from the point by clicking and dragging. You can also adjust the color and font size so that the Callout is easy to see.
Balloon : The text balloon reads like a comic book text bubble. Both the Callout and Balloon are great for placing text that points to specific areas and stands out.
Price Label : The price label is a perfect way to highlight a specific price. The Price Label shows the exact price and can be dragged or dropped anywhere on the chart.
Arrow Marker : The arrow marker is a dynamic arrow used to point out events, reminders or big price moves. Adjust its size and direction by clicking and dragging the mouse. The color of the arrow can also be changed.
Arrow Left : Place an arrow pointing to the left. The arrow is easy to place, just click to drop it on the chart. Its color can be changed and the other arrow directions are list below.
Arrow Right : Place an arrow pointing to the right.
Arrow Up : Place an arrow pointing up.
Arrow Down : Place an arrow pointing down.
Flag Mark : The flag mark is a convenient way to add flags to your chart. This tool can be used to point out important levels or targets. The color of the flag can be changed as well.
We hope this post helps you get started with each annotation tool. While many of you are already familiar with the popular annotation tools Text and Arrow Marker, there are several more to try. Go ahead and test them out. We're excited to hear your thoughts and, more importantly, we hope it improves your process.
If you have any questions, please write them in the comment section below. Additionally, if you have ideas for other annotation tools, please also share that in the comments as well. We just may build it for you!
Thanks for reading. 💙
How to use the new Fixed Range Volume Profile drawing toolVolume profiles are essential for understanding supply, demand, and overall liquidity. Volume profile tools make it possible to analyze volume trends at specific price levels and specific moments in time. Our new drawing tool called Fixed Range Volume Profile was created to give everyone the ability the study volume trends on their chart.
Here's how you can begin using the new Fixed Range Volume Profile drawing Tool:
1. Go to the left side of your chart and click Prediction and Measurement Tools. This is the same place where you can find your Price Range or Long/Short tools.
2. Scroll down the list and select Fixed Range Volume Profile.
3. Once you've selected the tool, find and click an area of the chart that you want to study. Click a starting point and an ending point. In this example, we're showing a fixed range volume profile for BTCUSD from its all-time highs through today.
Understanding how to read the Fixed Range Volume Profile is essential. When you draw your first Fixed Range Volume Profile you will see the following:
• Red line = point of control or the price level with the most volume.
• Yellow and blue rows = down volume and up volume for each price level.
• Shaded blue area = selected volume profile area that's being shown.
Keep in mind that you can adjust the settings of the Fixed Range Volume Profile. This means you have the ability to change look, feel, and calculations. For example, you can add a developing point of control, adjust the colors of the shaded area, and change the size of the volume rows. The possibilities are endless and it's up to you to build the perfect look for your Fixed Range Volume Profile.
We hope you enjoy this new drawing tool and we look forward to seeing how it's used. We're on a mission to help as many investors and traders as possible and we believe tools like this do that. They are free and open to everyone.
If you have questions or feedback, please write them in the comments below. If you're still unsure about using this tool, we recommend that you dive right in and start experimenting. One of the best ways to learn is to try the tool for yourself.
Guide: How to post awesome ideas and get lots of likesGeneral guidelines:
To publish awesome ideas and get lots of likes, the first step is for your publications to be visible to the public. This means you need to make sure that your ideas do not get “ hidden ” or “ unsuggested ” for violations of the house rules.
What does hiding an idea mean and what could be the reasons ?
TradingView moderators will hide ideas that violate the house rules, the most common cases are where authors provide links or references to their social media or websites, aiming at self-promotion.
A hidden idea is no longer visible to the public, only to you and to TradingView moderators. Since the idea descriptions cannot be changed either by you or by the TradingView team, these ideas cannot be made visible again, which is a shame for the time you took to analyze and publish it, right? Please read the House Rules carefully to avoid this from happening.
Why can your idea be unsuggested?
TradingView aims at showing ideas that offer a good analysis on the chart and a good description. To achieve that, we “ unsuggest ” ideas that:
Have a title or description in ALL CAPITALS
Have very little or no analysis on the chart
Lack description
Are published in another language than the site it is published on
An “ unsuggested ” idea will not appear on the homepage or in popular ideas streams, which limits its exposure.
It will only be visible in newest idea streams, to users that visit your profile or who have the direct link to your publication.
Let’s go over some examples of what makes a good idea publication. To make it more clear, we’ll also provide an idea that is not the best example for this category.
Click any of the ideas to show more detail.
All Analyses
► Balance: clear, no clutter, professional, not too overwhelming.
Good:
Needs improvement:
Technical Analysis
► Include drawings that explain the idea. At least two analysis tools or two reasons, e.g., a support level and candlestick pattern, or a trend line and an indicator, etc. Use enough, but not too much!
Good:
Needs improvement:
Trading Idea
► Include a specified bias on the idea and disclose if you are long or short. Make sure you let people know where the exit or entry point is on the trade and mention how long the trade could last.
Good:
Needs improvement:
Fundamental Analysis & Market Commentary
► Provide the general trend and approximate price path based on sound reasoning.
Good:
Educational posts
► Detailed explanation of the method for technical, fundamental or macro analysis.
Good:
Inter-Market analysis
► This includes Overlay or Ratio analysis. Call for a directional move with adequate explanation.
Good:
Text Analysis
► Has to be useful and informative to the community. For example, educational material, a column or a personal experience.
Good:
Needs improvement:
More specific suggestions for specific Technical Analysis types
Harmonic patterns
► Price must have at least passed the B-point on its way from C to D. Or there must be other technical tools supporting the view. Use the TradingView built-in tools to show Fibonacci ratios. Useful link: www.harmonictrader.com
Good:
Needs improvement:
Double tops
► Patterns that didn’t complete the second top and are heading to neckline shouldn’t qualify as a double top. Also true for double bottoms.
Good:
Needs improvement:
Head and Shoulders
► Patterns that didn’t complete the right shoulder and are headed towards the neckline don't qualify. Also true for Inverse head and shoulders.
Good:
Needs improvement:
Indicator-only analysis
Needs improvement:
Elliott Wave
► Should align to the rules that can be found on www.elliotwave.com . This is the most common and widely used source.
Good - clear and with an actionable trade setup:
Needs Improvement - cluttered:
Following these guidelines not only will produce better, more actionable ideas for the TradingView audience, it also increases the chance of your idea to be selected for our Editors' Picks .
We hope this guide was useful for you, let us know what you think in the comments below.
