One of the best tools for trading because you have the ability to use custom indicators created with pine script.
Lets start from the beginning. This is a cheat sheet on how I have my settings. If you watch me trade, you will need to follow this setup.
Tradingview has 3 paid plans, the free one is good enough to start with but limited to only 3 indicators and 1 chart. I use the Pro+ plan.
Sign up for the free version
Leader in charting software for all assets. Used by professionals that have custom indicators and easy to learn on.
All you need is the FREE account. This will give you access to chart all stocks and cryptocurrencies with 3 indicators at 1 time
Customize any way you like
Indicators are tools in Tradingview that help you analyze the chart patterns. There several that are useful and feel free to explore the library but for now let start with what I find to be the most effective in my trading strategy
Adaptive ATR-ADX Trend
(ATR - Average True Range)
This is an indicator calculates the volatility tells you where to put your stop loss.
Crypto Fund Indicator
(Multiple indicators in one)
- RSI (relative strength index) overbought and oversold
- MACD crossover in price using moving averages
- ichimoku buy below the cloud and sell above
Be sure to star the ones you like
Set up Fibs
The Fibonacci sequence is a series of numbers, where a number is found by adding up two numbers before it. ... Fibonacci ratios i.e. 61.8%, 38.2%, and 23.6% can help a trader identify the possible extent of retracement. Traders can use these levels to position themselves for a trade.
Fibonacci levels are important in trading
Draw a fib then double click to edit
These numbers will work on all the other fib tools