How to Use Multi-Timeframe Analysis and What It MeansIn this video tutorial, our team based out of New York City walks you through multi-timeframe analysis including what it means and how it works. Multi-timeframe analysis (MTF) is a process in which traders can view multiple timeframes at once on a single chart. For example, if you're looking at a 30-minute chart you can quickly add a daily Moving Average and weekly Bollinger Bands. Multi-timeframe analysis is the process of looking at multiple timeframes at once and using them to make better decisions when trading or investing.
Getting started with multi-timeframe analysis on TradingView is easy:
Step 1 - Add an indicator to your chart
Step 2 - Open the indicator's settings and find the Resolution parameter in Inputs
Step 3 - Adjust the resolution to the timeframe of your liking
This process works for most of the built-in indicators on TradingView. You can have several timeframes visible at once so you always know the most important price levels. MTF works by the minute, hour, day, week and month.
In addition, Pine coders can use the same `resolution` parameter we use in our built-in indicators in their own scripts. By simply adding it to a script’s `study` declaration statement, coders now have an easy way to add MTF functionality to scripts and let users decide the timeframe they want the indicator to run on.
We hope you enjoy this video tutorial and please press like if you find it helpful. If you're already an expert at multi-timeframe analysis, please leave some tips and educational lessons in the comments so others can learn from you.
Additional reading:
A New ‘Resolution’ Parameter Makes Multi-Timeframe Analysis Easy (TradingView blog)
Learn more about multi-timeframe analysis from other traders
Explore the public library for scripts using multi-timeframe analysis
TradingView Tips
Upcoming earnings and year-to-date price action This chart shows the biggest companies reporting earnings this week and their year-to-date performance. Our platform makes earnings season a breeze. We give you the data, tools, and information you need to make the best possible decisions. In this post, we'll walk you through a few quick tips and tricks.
Earnings calendar
The earnings calendar is where you can find upcoming earnings reports, estimates, and fundamental stats to sort by including market cap. Bookmark the earnings calendar so that you never miss another earnings report.
Earnings on your chart
In your settings, you can add earnings labels to the chart. Go to your chart settings by right-clicking. Then click the Events tab and check the box that says Show Earnings on Chart. Now that your earnings labels are shown, hover over the Earnings icon (E) to see dates, estimates, and more.
Watchlist and earnings data
Located on the right-side toolbar, at the very top, is a button to open your watchlist and see more details about the chart you're looking at. If it's a publicly traded company you'll see fundamental data, earnings information, and recent price performance. This is invaluable for your research. Study price action while simultaneously understanding the financial history of a company.
Publish your ideas
Feel free to share this week's earnings with friends or to use it as inspiration to publish your own ideas. If you're planning any earnings trades, publish your charts and commentary about the following tickers so we can check them throughout the week:
Monday: IBM, HAL, LOGI
Tuesday: SNAP, KO, LMT, AMTD, IBKR, TXN, UAL, PM
Wednesday: TSLA, MSFT, CMG, CSX, LVS, BIIB, NDAQ
Thursday: INTC, TWTR, AAL, T, LUV, ALK, BX, FCX
Friday: VZ, AXP, SLB, HON
We hope you enjoyed this post. You can leave questions or feedback in the comments below. Thanks for reading!
How to draw and create fundamental charts for individual stocksYou can draw on fundamental charts and perform the same level of analysis as you would on any other chart. That includes adding trend lines , ranges, arrows, and text. For long-term investors or those looking to dig deeper into individual companies, this might be an effective strategy to add to your process.
Getting started is easy. The first thing you should do is open a chart of a company you're interested in studying. Type the name or symbol into the search box. Next, click the "Financials" button or icon that looks like the bar chart emoji 📊 located near the top of your chart. Finally, select the fundamental metric you want to study.
Now that you have a fundamental metric selected for the company you're interested in, you can begin drawing. Select a drawing tool and perform the same level of analysis on the financial health of a company as you would on a normal price chart. In this example, we're showing a chart of Microsoft's Price-to-Sales ratio. This ratio shows how much investors are willing to pay for $1 in Microsoft revenue. So if the PS ratio is 30, it means investors are paying $30 for every $1 in revenue. On this chart, we've added text and highlighted some interesting moments in Microsoft's valuation history. What do you see?
We hope you enjoyed this quick post and that it helps you get started with fundamental metrics and drawings. In addition, for those who are more advanced, you can use fundamental data to build Pine Scripts.
Thanks for being a member of TradingView and we hope to you enjoy this level of fundamental analysis .
How to invert your chart Press ALT + I to invert your chart. If you're on a Mac, press option ⌥ + I. This shortcut will instantly flip the chart you're looking at upside down. Inverting your chart can give you a unique and different perspective on price and trend.
Today, Amazon crossed $3,000 per share for the first time ever and its market cap now stands at $1.5 trillion. Congrats to those who have held all this time, traded it successfully over the years or saw the potential in it from the start.
In this idea, we're showing two daily charts of Amazon side-by-side. The chart on the left is Amazon inverted while the chart on the right is Amazon without any modifications. Comparing these two charts, one inverted and another normal, is an exercise in perspective. Ask yourself, do you still see the same trend? Or has your perspective changed now that you can easily the see the opposite of what you saw before?
Here's another way to think about this: if you would "buy" the inverted chart to the left because it looks like capitulation or an attractive dip, then that would be the same as selling the normal chart of Amazon to the right. By inverting the chart, you can test yourself on trends and price action, which can be especially helpful if you're uncertain. Flip the chart upside down and ask yourself the question again to see if it confirms or not.
We hope you enjoyed this tip and we look forward to hearing feedback, thoughts or commentary. Thanks for being a member of TradingView!
How to use the new Anchored VWAP drawing toolThis chart shows the Nasdaq-100 ETF QQQ as a weekly chart going back several years. It shows price, volume , and the newest addition to all TradingView charts... Anchored VWAP. It's been added as a drawing tool and getting started is easy:
1. Select Anchored VWAP from the drawing tools list on the chart’s left-side panel.
2. Now select a point on the chart from which you would like to start your calculation.
3. Click that point and the VWAP line will instantly calculate and appear on your chart.
4. In addition, you can change the color and thickness of the Anchored VWAP line by double-clicking on it and adjusting its colors and style in Settings.
Anchored VWAP displays the volume-weighted average price for a specific time period, starting from a user-selected point. In other words, Anchored VWAP shows the price of an asset adjusted for its volume starting from any point chosen on the chart. This is a powerful tool because it takes into account the number of shares traded at each price level and presents it as a smooth line anchored to any moment in time.
We’re excited to help the trading and investing community by adding Anchored VWAP to all TradingView charts. Also, if you missed it, we’ve recently improved the original VWAP indicator and now you can choose the interval to calculate. This gives traders the ability to construct any VWAP line based on a time interval of their choosing.
Please leave any comments or questions you may have in the comments below. If you're an expert at using Anchored VWAP , please share some tips and strategies so that new traders and investors can learn from you. Thanks for reading!
Change Your Chart's Timeframe in Lightning SpeedIn this video, we show you how to change your chart's timeframe with a few taps on your keyboard. While many of you are already familiar with this shortcut, we think it's worth highlighting here for those who haven't had a chance to try it.
To get started, type any number on your keyboard and then press Enter. Your chart will adjust its timeframe to the number you entered. For days, type D after the number you enter. For example, 1D will show you a daily chart or 5D will show a 5-day chart. For weeks type W and for months type M. If you type 1W, your chart will show a weekly chart and if you type 1M it will show a monthly chart. This is one of the fastest ways to go from any timeframe or time interval you're interested in from minutes to hours, weeks, and months.
For those who look at hundreds of charts or analyze price action, growth, and trends on multiple timeframes, this shortcut will save you time and effort.
We hope you enjoyed this video tutorial. Thanks for watching and please let us know in the comments if you want us to cover any other video shortcuts, ideas or concepts.
The New Arrow Marker Drawing ToolThis chart shows the S&P 500 since its lows in March and the current rally since those lows. The market is on the verge of creating an epic v-bottom. To highlight this move higher, we've added a big green arrow to the chart that you can't miss. That's the new arrow marker drawing tool that you can start using today.
The Arrow Marker is a convenient pointer used to highlight certain moves or ideas on your chart. You can use the Arrow Marker as simply as you would a Trend Line. The arrow’s position is set by two different reference points, the second of which determines the arrow’s direction. You can also add custom text to the arrow drawing tool, like what we have on this chart where it says "An epic v-bottom." To get started, open the arrow's Settings and go to the Text tab.
We hope the new Arrow Marker Drawing Tool adds another layer of analysis, creativity, and possibilities to your charting. We have some exciting new drawing tools coming in the future, so please stay tuned.
How to Create Alerts and Get Alert NotificationsAlerts can save you time and instantly inform you about what's happening in the markets. Get alerts sent to your phone, desktop, email, or through a web hook. Create them for your favorite stocks on your Watchlist or for trading ideas you're interested in. In this quick video, we show you how to create alerts and how they can help.
Step 1 - Find and click the Alert button at the top of your chart.
Step 2 - Set the conditions and parameters for your alert.
Step 3 - Pick how you want your alert delivered whether through email, push notification, and more.
Step 4 - Customize the text for your alert. Write out the message you want it to say when the alert is triggered.
You can create Alerts for price movements, indicators, and more. Alerts can be used to save time, harness automation, and connect your desktop and mobile trading processes.
If you have any questions about Alerts, please leave them in the comments below. If you're already a master with Alerts, please share your strategies and tips so someone new can learn with you. Thanks everyone and press Like if you enjoyed this tutorial.
How To Use TradingView Hotkeys and ShortcutsOn TradingView, hotkeys and shortcuts will help you chart faster and navigate markets in lightening-speed. Draw a Trendline or a Fibonacci Retracement by pressing one or two keys on your keyboard. In this video, we want to show you every hotkey and shortcut available.
Press Alt / ⌥ + T to quickly draw a Trendline.
Or press Alt / ⌥ + F to quickly draw a Fibonacci Retracement.
These are just some of the ways you can use hotkeys and shortcuts across the TradingView platform. They work for your charts, indicators, drawings, scripts, and more.
We hope you enjoy this video guide. We also are curious to hear what you think of the trendline we draw on the chart shown of gold using the Trendline hotkey. Please let us know your favorite hotkeys and shortcuts or request new additions in the comments below.
Thanks for watching,
TradingView
How To Track Total Market Cap for All CryptocurrenciesThe Total Market Cap for all cryptocurrencies currently stands at nearly $220 billion. You can track and chart this data on TradingView by typing "TOTAL" or "CRYPTO MARKET CAP" into the search bar or by visiting the Total Market Cap page: www.tradingview.com
Total Market Cap is an important metric to follow because it can highlight the overall health of the crypto ecosystem. The Total Market Cap for all cryptocurrencies is exactly as it sounds: it is every cryptocurrency added up and displayed as one data point. For example, the market cap of Bitcoin + the market cap of Ethereum + the market cap of Litecoin and so on. Following the total market cap can be an effective gauge to measure the universe of cryptos and how they're trading as a whole.
On the TradingView Total Market Cap page (link shown in the first paragraph above), you can also chart Total Market Capitalization Excluding Bitcoin and the Total Market Capitalization Dominance for each crypto as a percentage. Both of these charts can help you better understand the cryptocurrency landscape. By subtracting Bitcoin, you can evaluate the health of all cryptocurrencies without Bitcoin. This can unlock some insight into Altcoins or if the market is moving in a direction despite Bitcoin. By viewing each cryptocurrency as a percentage of the total crypto market cap, you can see how big a crypto is relative to everything else.
We hope this guide helps and that the Total Market Cap page can aid you with your analysis. Please leave a comment if you have questions or feedback. We're also interested to hear your thoughts on these tools, so please keep the discussion going by attaching a chart or analysis of your own.
Add Text to Any Trendline or Vertical Line and Manage Its DesignYou can add text to any line you draw on your chart and manage its color, orientation, and font size from one tab. This applies to all lines including horizontal lines, trend lines, arrows, and vertical lines. This new tab will make it easy to place text in the perfect position on your chart. It will also help adjust the color and size of text to fit your needs.
The first step to getting started is to open the Settings for a line on your chart. Double click or right click on a line and then head to Settings. When you've opened Settings, you will see a new tab called Text. In this tab, you can manage every detail about the text on your chart and how it's presented on the lines you've drawn. Change the text color, size, orientation, and make it bold or italic. You can make the text be centered on the line and below or above the line.
We hope you enjoy this new update. You can read more about it on our blog: www.tradingview.com
If you have any questions or feedback, please leave them in the comments below.
How to Chart Futures Contracts and Crude Oil's Historic MoveCrude oil traded at -$40 per barrel and that is a historic move. It will go down in the history books.
In this video, we want to show everyone how to track and analyze futures on TradingView, specifically future contracts in crude oil CL1! and CL2!. On TradingView, it's possible to study any futures market and break that market down by each month. CL1!, for example, shows the current crude oil contract in front. CL2! shows the next contract in front. You can also dive into specific contracts that go as far as 2021 or 2022 or beyond.
This video tutorial is meant to be educational and we hope it helps anyone interested learn more about these markets. It's important to remember that most futures contracts trade based on an expiration date. Then, the contracts roll to the next month after that. As a platform, TradingView gives you the data and tools needed to analyze any of these contracts. The quickest way to getting started is to use the search bar to explore all the possible futures contracts that can be analyzed or visualized on a chart.
We hope this video tutorial helps the community get started. Please press like if you enjoyed it and, even better, please leave a comment to add to this discussion. Let's hear your opinion on futures market and the recent crash in crude oil.
Extend Your Trendlines, Pitchforks, and Fibonacci Retracements In this video tutorial, we quickly want to show you how to extend your drawings across your chart.
The steps to getting started are easy:
1. Draw a Pitchfork, Fibonacci Retracement, or Trendline on your chart.
2. Open the settings of your drawing.
3. Find and check the box that says "Extend Lines Left" or "Extend Lines Right"
We think this feature is an effective way for traders and investors to study significant price levels in the past and prepare for upcoming levels in the future.
If you enjoyed this video tutorial, please press like or leave a comment if you have any questions. Our team is here to help! You can read more about this release on our blog: www.tradingview.com
How To Use The Bar Replay Tool - Rewatch Trading HistoryThe Bar Replay Tool is how you can relive any moment in time on a chart. It can be used to study past price action, trading history or to analyze specific investing strategies at certain point in time.
To get started, click the Bar Replay button at the top of your chart. If you are having a hard time finding this tool, look for the rewind icon ⏪ and click it.
Once you have the Bar Replay tool open, select your starting point or where you want to begin the replay. After you have selected your starting point, you can adjust your playback speed. This will determine how fast each bar of trading appears as you watch the replay.
When you're ready, press the play button. Sit back and watch the action on your screen.
We hope you enjoyed this tutorial and remember to press like if you enjoyed it or comment below if you have any questions. For those with a Premium, you can use the Bar Replay tool to watch replays down to the second. You can read more about this exciting release here: www.tradingview.com
How To Chart Economic Data Like Jobless Claims or GDPCharting economic data can help you learn more about the macro world and see the bigger picture. This chart shows weekly Initial Jobless Claims in the US. In other words, it shows you how many people are filing for unemployment each week. The big spike, which has never been seen before in economic history, shows what the COVID-19 slowdown did to the economy in just one week. It is unprecedented.
You can chart Jobless Claims and much more. To get started, open a chart, go to the search box, open the dropdown menu, and then find the tab furthest to the right of the drop down called Economy. In this area, you will find many different types of economic data that you can chart from GDP to ISM and more. Most of the data comes from FRED and is US related, but please write us in the comments if you want to see other forms of data.
We hope you enjoyed this quick chart and tutorial and we look forward to sharing more! Press like if you enjoyed it or please comment below to share your thoughts.
Charting COVID-19 on Tradingview to Be More InformedThe chart you see here shows confirmed COVID-19 cases for several countries ranging from the US to China, Japan, Germany, and Italy. Coronavirus disease (COVID-19) is a global problem and there’s no need for us at TradingView to tell you just how serious it is. In response to the ongoing global health crisis affecting millions of people worldwide in over 150 countries, we are working on a number of ways to show the extent of the emergency through data visualization. We’re all waiting for the bearish trend on this one.
You will now be able to add COVID-19 stats (both global and for a specific country) right on our platform and manipulate the data how you like. For example, you’ll be able to plot the rate of infection in America against the S&P 500 Index.
You can find all the symbols related to the virus outbreak if you start typing COVID19: into the symbol search bar. These include the number of confirmed cases, people who have recovered and deaths for each country, plus the total number of all case types across the world.
To read the entire post about this release, please go here: www.tradingview.com
How To Find The Correlation Coefficient For Any Two AssetsThis chart shows Bitcoin (candlestick chart) and the Correlation Coefficient between Bitcoin and the S&P 500 (white graph).
You can find the Correlation Coefficient between any two assets in seconds -- it's easy. First, head to Indicators & Strategies and then search for Correlation Coefficient. When you find it, click it, and a box will appear asking you to type in the asset you want to compare. Press Enter and the chart will calculate the correlation immediately.
Correlation Coefficients are important because they can show you how two assets are moving together. For example, are they moving in lockstep or in opposite directions? A correlation of 1 means a perfect positive correlation and a correlation of -1 means a perfect negative correlation.
We hope this quick guide helps you with your analysis. Please press like if you enjoyed it and write in the comments for other tips or tricks.
Create Your Own Formula and Chart ItCreating custom formulas can put price action into different perspectives. You can think of the search bar on TradingView like a calculator.
This chart, for example, shows AAPL/VIX, but we could have expressed many different formulas including: (AAPL + GOOGL + AMZN + FB)^4 or TSLA + F + GM and even GLD/BTCUSD.
There are countless ways to create equations on TradingView. To get started, type the equation you want to chart into the search bar. When you're ready, press Enter, and the chart will appear.
The chart we created shows AAPL/VIX and it paints a picture about Apple's performance compared to moments when volatility is rising or spiking. The arrows on the chart demonstrate that the current ratio has been tested several times before in the past. Of course, this is not a recommendation or a signal of any sort. Instead, we are hoping to demonstrate the creativity you can use when building an equation. You can create formulas across all asset classes.
Thanks for reading and please let us know your thoughts in the comments. Press like if you enjoyed this post!
Want $30 in TradingView Coins? Share your personal link with friends: www.tradingview.com
Explaining a Circuit Breaker and Trading HaltsToday, the S&P 500 dropped 7% in a single session of trading. What does this mean? It triggers a Level 1 circuit breaker across equity markets and all trading pauses for 15 minutes.
A Level 2 halt happens when a a drop of 13% takes place, but if the drop happens after 3:25 p.m. ET, there is no halt. If the market ever drops 20% in a single day, all trading is halted for the entire day.
Circuit breakers do not happen often and they only apply to certain markets like equities, futures, and more. Knowing the levels for circuit breakers can help you better understand moments when markets are dropping swiftly.
We hope this explanation helps and please press like if you enjoyed it or write in the comments if you want to learn more.
The VIX at 50 and Using Custom Trend Line TextThis chart shows the VIX since 2018. Between now and then, two significant moves have occurred. In both instances, the VIX went as high as 50 before topping out and then dropping back down. Will that happen again today?
What's also cool about this chart is we're demonstrating our new Custom Text for Trend Line tool. You can now draw any line on your chart and then easily add text alongside that line. The line can go sideways, up, down or at an angle and the text will follow it.
To try it for yourself, open a chart and follow these steps:
1. Open your line Settings by double-clicking on the line or right-clicking and going to Settings.
2. Check the Show Text box and then type anything you want.
3. Adjust the alignment of the text of your choice.
You can read more here on the official TradingView blog: www.tradingview.com
Let us know if you have any questions or want to chime in on your thoughts about the VIX today.
How To Use The Bars Pattern ToolIn this video tutorial, we quickly show you how the Bars Pattern tool works and why it's important. You can use the Bars Pattern tool to copy, duplicate, and measure specific trading ranges or trading bars.
If you enjoyed this video, please press like! If you want to learn more or have any other questions, leave a comment so we or the community can help you.
How to Follow Earnings on the ChartIt's important to know when a company is reporting earnings because of the volatility and financial implications that can follow. In this quick tutorial, we'll show you how to follow earnings without ever leaving the chart:
Step 1 - Go to the chart settings by right-clicking.
Step 2 - Go to the Events tab and click Show Earnings on Chart.
Step 3 - Hover over the Earnings icon (E) to see dates, earnings estimates, and more.
The chart in this example shows Amazon and each earnings report is shown by the E at the bottom. In this example, we've also decided to show each earnings report on the chart with a black dotted vertical line. To create lines like this, follow the instructions above, but also check the box that says Earnings Breaks.
In addition to following earnings on the chart, there's also an earnings calendar, which shows every earnings report happening over the next day and week: www.tradingview.com
We hope this written tutorial helps! Please press Like or write in the comments if you enjoyed it or have any questions. You can also request new features in the comments. The TradingView team is listening and will help. Thanks for being a member!
Follow Price and Financial Performance at OnceThis chart shows the price of Tesla and how it has traded (top pane, candles) alongside its market cap (middle pane, blue line) and quarterly revenue (bottom pane, yellow line). Tesla's market cap is now nearly $90 billion. Some investors and traders have observed that's more than the combined market cap of Ford and GM .
This type of analysis can help fundamental investors and traders. It's one way to see if a stock is moving because of increased financial performance or possibly something else. It also opens up a new form of analysis. The TradingView community can combine technicals and fundamentals at the same time.
Creating a chart like this is easy. You can also adjust the size of each pane, the colors of each line, and add or remove different financial metrics as you please. For those who are familiar with TradingView, the financials of a company can be displayed almost like any other chart -- custom line size, line color, and more.
Step 1 - Press the Financials button at the top of your chart (it says Financials and/or shows bars with a "+").
Step 2 - In the drop down, select the financial indicators you want to see on your chart. The categories are Income Statement, Balance Sheet , Cash Flow, and Ratios.
Step 3 - Adjust the settings and display of each chart or line. Double or right click on a line and adjust the settings to fit your needs.
Step 4 - Save and share your chart! Press the publish button located at the top right of your chart. Publish your work so everyone can see it.
We hope you enjoyed this tutorial and chart about Tesla. Press Like and leave a comment if you have any.
