Interface, charts and trading strategies of the Tradingview platform
Despite the brevity, the visual display of the TV is intuitive and very convenient. There are 4 main control areas (this is a conditional markup) with a certain functional orientation.
The first zone is represented by a horizontal toolbar with windows for selecting a traded asset, a time interval, connecting charts of other assets, indicators and strategies, alerts, as well as trading strategy templates, etc.
The second zone in the form of the left vertical panel allows you to control the graphical tools.
In the right vertical panel we find the display of the economic calendar, reports of large companies, a news feed, activation windows, a chat for communication and a glass of prices.
The fourth zone allows us to apply a screener with parameters for selection, use a strategy tester and various scripts.
What to trade? For almost everyone, the service allows you to create a high-quality chart of any trading instrument, tailored to you and your preferences in trading on technical analysis. The world quotes of stocks, indices, currency pairs, CFDs are available here in a format that is convenient for you.The trader can choose any timeframe from 1 second to 1 month.
In addition to the traditional types of graphics (linear, candle and bar), exotic ones are available – tic-tac-toe, Renko and several others.
Thanks to Tradingview in Russian, as well as in other languages, you can create a variety of trading strategies (TS) on technical indicators or use signals of ready-made TS, where the popular RSI, Bollinger Bands, MACD, etc. are used.
It is impossible not to note an interesting feature of the service – a pop-up window that allows you to select indicators or strategies. Thus, a trader can, for example, attach a chart of another instrument to the current asset chart, looking for a direct or inverse correlation on them in order to get a profit.
For example, if you attach an index chart to the current schedule of the selected stock, which includes this stock, then you can clearly see the benefits of this technique. Similarly, for the shares of energy companies, a comparison with the movements of oil futures will work.
Do not forget about pair trading or arbitrage trading, which are not often used, but are used to make a profit in the financial markets.