Personal Pro

How to use TradingView

Trading should be easy right? Well with the multitude of trading platforms out there - choosing the right one to suit your needs may not seem that easy. TradingView is hands-down the king of all trading platforms.

Combining highly advanced charts with a whole suite of social features, TradingVIew has cemented itself as one of the best trade charting platforms. It’s easy to use, packed with features not found on most other platforms, and best of all, it’s completely free.

Here’s a review of what is covered:

  • How to create a free Tradingview account
  • How to get your charts ready for trading
  • Overview of all the tools & how to use them
  • How to add lines, rectangles, and indicators to a chart
  • How to connect your Global Prime TraderEvolution account and trade through Tradingview

So, ready to dive in and see what TradingView is all about? Let’s get cracking…

What Is Tradingview And How Does It Work?

You probably already know a little about TradingView, or at the very least have seen it advertised.

Tradingview is a charting platform; it shows charts and lets you analyze prices, just like MetaTrader.

Tradingview is web-based. You don’t download any separate programs onto your computer.

Goto, login and start viewing charts and conduct your trading analysis - simple.

Without doubt, TradingView is the king of charting across all trading platforms. This is what sets it apart from everyone else and would take a mammoth effort to come close to competing with it.

Tradingview has the best features of any charting platform – and yes, that includes MT4 and TraderEvolution.

A full suite of drawing tools makes finding levels and zones a sinch, a massive collection of chart types and timeframes gives you a thorough picturing overview, and an ever-growing list of tools and indicators helps you find information that would ordinarily take forever to locate manually.

TradingView also has a built-in editor and strategy tester - super useful to validate new or old trading strategies. You can customize your own indicators, strategies, and EAs and then test them to see how they perform.

Tradingview also includes many social trading features.

Chat with other traders, publish for research, follow and comment on the analysis of others. You can access social features separately within the platform or directly from a chart screen.

Opening An Account With Tradingview

Getting setup with Tradingview takes a few minutes to complete. Visit, create an account, and you’re ready to start using your TraderEvolution Global Prime account. TradingView is free to use, but you need to open a free/basic account to leverage the full range of features.

Click the “Start Free Trial” button in the top right.

And then enter your details.

Once you confirm your account, simply log in to begin looking at charts and analyzing prices.

Not sure if Tradingview is for you? Get the free trial. Tradingview gives all users a 1 month free trial to test the platform and try out all it’s features. All the pro and pro + features are included, and you have full access to their paid tools.

Understanding The Chart Window

When you open Tradingview you’ll find yourself on a chart window.

The chart window shows the price of a currency/stock/commodity through a chart and contains all the tools, indicators, and options you can use in your trade analysis.

While it looks complicated at first, once you become familiar with a few things, the chart window will become second nature to consume.

The window contains 4 different tabs. These tabs contain all the options for viewing charts and analysis.

You can add indicators, switch between different pairs/assets, add lines and rectangles. News impacting trading and information on the price of a currency is all accessible.

What each tab does (indicated with arrows).

Top Menu

The top menu (red arrow) contains options for changing the chart, like switching between pairs, changing time frames, selecting different chart types, etc.

Chart Area

The middle of the chart, where you can see the price of a currency, is called the chart area.

Change the chart settings by right-clicking and select “Settings”. When you add a tool or indicator to the chart, it’ll show somewhere in this area or sometimes below it.

Left Side Menu

All your favourite drawing tools (red arrow) like rectangles, lines, and retracements are found in the left side menu.

Right Side Menu

The different social options Tradingview provides (red arrow) is shown here and you can also access economic calendar and alerts from this menu.

Bottom Menu

The strategy tester and editor (red arrow) are located here, as well as the notes and stock screener tab.

Note: All chart changes are saved automatically and will be available to you on your next login.

Setting Up The Chart Area

How to set your charts up, ready for trading?

You only need to change a couple of things here, so it shouldn’t take long.

You want to change the chart type to a candlestick.

Switch it over to a candlestick chart to get a better idea of what price is up to - for normal analysis, the line chart doesn’t give us enough information about the price.

Select the chart icon and then “Candlestick”.

Now adjust the chart settings.

To do this, you need to open up the chart menu. Right-click a blank space in the chart area and then select “Settings”.

You need to change two or three things, so it won’t get too confusing.

Head to the Symbol tab and change the colour scheme of the chart.

You can keep this on the default setting if you like, but it’s easier to see what the price is doing with higher color contrasts.

The Trading tab shows the important options related to this and the “Show Economic Events On Chart” inside the Events tab gives you access to latest events that may impact markets.

The circles show the time of the economic news event, and the number tells you how many events are to be announced.

Getting Started With Tradingview

Let’s run through most of the features and tools on Tradingview and show you how they work. By the end, you should have a pretty good idea of how to setup and use Tradingview for your own trading style.

Top Menu

This menu contains the primary options to change a chart. Change the time-frame, select a different pair, and switch between chart types, etc.

The top bar menu contains 18 different options.

It’s useful to understand what each option does, so you know how to use the charts efficiently.

Find all your account settings inside the Profile tab (1).

Ensure you have auto-saving turned on - this will prevent disasters down the line and prevent you losing analysis and chart settings. This menu allows you to access a number of settings related to your account.

Select the Pair Selector (GBP/USD in the image) to switch to your favoured pair or symbol.

Tradingview supports all currency pairs, thousands of stocks and commodities, and most of the big indexes. It also supports most cryptocurrencies. You’ll probably want to switch to a different timeframe. To do this, click the 1-hour button to the right (3). It even has 1-second charts, for trade scalpers.

Your favourite timeframe will show to the left of the timeframe button, so you can instantly switch to it without cycling through the menu.

Tradingview displays a line chart by default - so you want to change that to candlestick.

Tradingview has a number of chart types, like the Renko and Kagi, but the candlestick works best for price action.

Compare lets you compare the price of two currencies – or any other assets. Not something you may use often - but handy to know.

You can also view the price in a graph at the bottom. De-select “Overlay” inside the compare menu to enable it.

Indicators contain all the technical indicators Tradingview provides. Tradingview also has a huge collection of custom indicators created by their trading community.

Open up the tab, and you’ll see 4 mini tabs.

Find the most common indicators under “Built In’s” at the top. MACD, Moving Averages, Relative Strength Index, all accessible from this menu.

Note: Need to change the settings of an indicator? Right click the line (or graph, depending on indicator) and hit the “Settings” button. A small menu with all the settings will pop open. If you want to create or edit your own indicator, do this via the My Scripts button.

Next up, the Financials tab.

Financials show important figures about a stock. It plots the release of each figure in a separate graph below the chart to see how it’s changed over time. This tab makes it easy to track how the fundamentals change over time.

Hit the Templates button to save your current chart layout as a template. This feature is neat and make your life alot easier.

Alerts allows you to set alerts!

Set alerts when support and resistance levels get hit, when news events occur, when indicators cross or hit a certain can even get the alerts sent to your phone or email.

Note: SMS alerts require a paid account, but for email, it’s free.

You can view all your active alerts by hitting the alarm clock icon in the right menu.

The Market Replay button is a Pro account only option. It let’s you play back the market - similar to a video replay. Use it to see what worked and didn’t work with a trade.

Note: The Undo and Re-Do buttons (11) let you correct mistakes, just like Word.

Side Menu

Likely the part of the chart you’ll use the most, the side menu shows all the important options for drawing on the chart.

Starting from the top - the cross-hair selector. Use this to change your cross-hair.

At some point, you’ll want to put some trend-lines on the chart. Tradingview has all sorts of lines for your trade setup analysis. Use the line tab below the cross-hair selector.

Pretty much every line type is supported, even uncommon ones - interesting to check out.

Quick Tip: Hold “Ctrl” while clicking a line or any other drawing on the chart to instantly make a copy.

Shapes contains all the shape drawing tools Tradingview provides. If those don’t work for you use the freehand brush shape tool.

The text tab (T) is self-explanatory: use it to add text using titles and boxes to the chart.

The patterns tab beneath text contains a number of tools for marking chart patterns. With these tools you can quickly mark them without much effort.

Elliott wave tools can also be found in this tab.

The Time and Prediction tab seems nothing out of the ordinary until you discover it’s true power.

The Short Position And Long Position tool.

If you hate manually calculating risk/reward ratio, profit targets - this tool will save you hours of time.

When you move the lines up and down, your risk-to-reward ratio, current profit & loss, profit target, and stop-loss price show above the line, making it easy for you to quickly see what it is and how it’s changing.

The tool will show all your information automatically without you needing to calculate anything.

Last but not least, we have the Icons tab.

Use this to place arrows, stars, and other decorations on the chart.

Chart Buttons

The lower half of the side tab shows the chart buttons. These all allow you to change or manipulate the chart.

Use the ruler icon at the top to measure price. Drag this from one point to the next, and it’ll show the pips, days, and weeks it took to cover that distance. The magnifying glass below (2) lets you zoom in and out of the chart.

Note: Hold shift and drag your mouse as a quick shortcut for the measurement tool.

With Magnet (3), you can snap objects (lines, rectangles, etc) to the nearest candlesticks OHLC (open, high, low, close).

If the chart gets too busy with lines, zones, retracements, and the like, click the little eye (5) to hide everything – click it again to bring it back. The star button opens up the favourites menu, which shows your favourite tools.

The objects tree button, right at the bottom, shows a list of all the drawings and indicators on the chart.

Note: Click the little star next to a tool to save it as a favourite.

Right Menu

The right side menu shows important information about your pair. The 3 tabs (black box) show news about the currency, info about its price and let you create your own watch-list. The far-right side (red box) has a bunch of buttons for opening new tabs, most of which are social features.

Perfect if you always focus on the same few pairs, Watch-list lets you create your own list of assets to watch. Click a currency to instantly switch over to it.

To remove an asset, click the little X next to its name. To add a new asset to the list, enter it into the Add box in the top right.

You can re-size the watch-list box to make it smaller or wider. You can also create and save as many watch-lists as you want. A pro account may allow more lists.

The top half of the tab gives you details on the current buy price and sell price.. If you select the little more button, you can see which technical indicators are currently showing a buy or sell signal.

As it says, the Headlines tab shows news headlines about the pair from around the world.

Side Menu Buttons

To the right of the tabs mentioned above, you’ll see a list of buttons. These are the side menu buttons.

Most bring up tabs related to the social features of Tradingview, like the chat window and messages tab.

Starting from the top (red box), you have the alerts button.

It’ll show inside this tab for easy viewing. You can also edit and remove alerts here.

Another way to see upcoming news is to open up the calendar (green box).

If you’re not sure when a stock is set to announce its earnings, check the calendar.

The order panel (black box) is where you can place and view open orders.

All your options for placing, closing and managing open trades and orders show inside this tab.

Bottom Menu

The bottom menu contains some of the best tools on Tradingview.

Stock/FX/Crypto Screener

It lets you screen stocks, currencies, and crypto using a number of metrics. Screen assets according to new highs and lows, biggest percentage gains, indicator changes - and more.

Further customize these by clicking the Filters button on the right.

Text Notes

The notes tab allows you to keep notes. Create notes and save them to look back at later.

Pine Editor

If creating new trading strategies is your thing, the pine editor on Tradingview will be your new friend.

The pine editor is your own coding suite. You can customize, create, and tinker with indicators and strategies. You can even send your created indicator or trading strategy to Tradingview for verification. If it passes, Tradingview will put it in the custom indicators folder for others to use.

Strategy Tester

Tradingview have also implemented a fully-fledged strategy tester that allows you to test strategies to learn about how they perform.

The tester shows all the relevant information through a simple window at the bottom.

If you click List of Trades to the right, you can even get a trade by trade breakdown, giving you even more insights about your strategy.

How to connect your Global Prime TraderEvolution account and trade through Tradingview

Head over to the trading panel, find Global Prime and hook it up to your TraderEvolution account when prompted. Use the brokers page link to find Global Prime if not immediately listed and/or the bottom right three dots menu.

This is a once off exercise and once you have your Global Prime TraderEvolution details setup - you are good to go trading from charts.

Once connected, right click anywhere on the screen and select “trade” to place a trade at that price. You can then manage the trade through the trade menu at the bottom.