TradingView is the leading charting tool and trading community worldwide, and more than 50 Million traders are using it. In addition to having access to effective fundamental, technical, and trading tools here, you’ll also be a part of a group of like-minded traders who frequently exchange trading tips, methods, and ideas.
This article will give you a brief on the advantages of TradingView Live Charts so you can decide if they’re a good fit for you and can improve your trading.
Benefits Of TradingView Live Charts
You can make direct trades by utilizing TradingView Live Charts by using an integrated stock broker such as Dhan. Below, we’ve listed five major advantages.
1. Tools for Comprehensive Charting
TradingView charts are renowned for having many charting tools. Moving averages, Bollinger Bands, and other analytical indicators and graphing tools are available for traders here. These resources can help you recognize potential market trends and patterns and make informed decisions regarding their trading approach.
2. View Multiple Timeframes At A Time
At TradingView Live Charts, you can view multiple timeframes and chart types all on one screen, allowing you to stay up-to-date with the most critical price levels. By displaying multiple periods simultaneously, you can make more informed decisions during live trading and compare different trends and patterns with ease.
3. Real-Time Data
With TradingView, you can access real-time data and receive unique market notifications, keeping you informed of all market happenings. This feature provides real-time and historical statistics for various financial marketplaces such as stocks, options, futures, and more. You can stay updated on the latest market trends and make informed trading decisions with this feature.
4. Easy-to-Use Interface
The TradingView Live Charts not only provide advanced charting tools but also boast an intuitive user interface that is easy to use. You can quickly explore the platform’s features and access essential charting tools without spending much time learning how the platform operates. The straightforward UI also makes it effortless to spot patterns and trends, making TradingView a great option for both novice and experienced traders.
Examples of Successful Trades Made Using TradingView Charts
TradingView charts have been of great advantage to a lot of traders in making successful trades.
A famous trader named “VaidoVeek” has made a lot of successful trades with the help of TradingView charts. Using the TradingView charts, he has successfully traded his money into 10% stocks, 22% forex trading and several other commodities to make huge profit returns.
“Yuriy Bishko” is another well-known trader who uses TradingView to make huge profit returns from the market. He is known to make successful trades using long-term charts and also guides people with tips relating to it.
Conclusion
TradingView is a web-based platform that provides real-time market data, charting tools, and social networking for traders and investors. It offers a user-friendly interface, access to multiple financial markets, and the ability to collaborate and share ideas with other traders. You can level up your trading game with the integration of TradingView on Dhan and make informed trading decisions more efficiently.