Can I trust TradingView? (2024)

Can I trust TradingView?

TradingView is the best charting platform on the market. It's fast, powerful, reliable, and extremely easy to use. That's why it's used by more than 50 million traders worldwide. If you're an active trader and are serious about your trading, you should try TradingView Essential or Plus.

Can TradingView be trusted?

TradingView is very popular and trustworthy. It is avaiable via your web browser, desktop app and mobile app. It offers a free product and a premium paid product. It provides a wide range of tools and assets for charting, has news, contributors, trade ideas, screeners and more.

How accurate is TradingView?

And that brings us to our main point. Trading signals on TradingView are not very accurate. That's because they don't necessarily provide real-time market details. In fact, these indicators only provide data and analysis for a specific timeframe.

Is TradingView backtesting reliable?

In summary, TradingView provides powerful tools for both manual and automated backtesting. However, remember that backtesting is just one part of strategy development. Past performance doesn't guarantee future results, so always trade with caution and proper risk management.

Do professional traders use TradingView?

Professional traders visit forums like TradingView. They use these online spaces to talk about trading strategies, share ideas, and learn from others. On these platforms, traders of all levels, including experts, come together to chat and learn.

What are the disadvantages of TradingView?

On the downside, TradingView is only for charting and doesn't offer order placement capabilities that can offset high frequency traders and scalpers. What's more, TradingView is not as reliable as MetaTrader 4.

Is there something better than TradingView?

Other important factors to consider when researching alternatives to TradingView include features and price. We have compiled a list of solutions that reviewers voted as the best overall alternatives and competitors to TradingView, including eToro, MetaTrader 5, Binance Broker, and E*Trade Web Platform.

Is TradingView data not real time?

Free Users: TradingView offers near-real-time data for select markets. However, some exchanges may have a delay, usually up to 15 minutes. Paid Users: A paid subscription is necessary to access real-time data across all markets. Plans like Pro, Pro+, and Premium provide this feature.

Can you really make money from TradingView?

Earn with TradingView

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Does TradingView have a strategy tester?

When you add a strategy to the chart, additional information will appear in the Strategy Tester tab and can show you a report of your strategies results. There are three sections available: Overview, Performance Summary and List of Trades.

Who owns TradingView?

Who owns TradingView? TradingView was founded by Stan Bokov, Denis Globa, and Constantin Ivanov, who continue to own and operate the platform. The platform is also undergoing an investment round led by Tiger Global Management.

Is TradingView better than Thinkorswim?

TradingView is better for crypto trading. It has specific tools for crypto like Renko charts, crypto screener, and charting for thousands of crypto pairs. Thinkorswim mainly focuses on stocks, options and futures.

What is risk in TradingView?

The risk to reward ration is exactly as the word says : The amount you risk for the amount you could potentially gain. NOTE that your risk is indefinite, but your gains are not guaranteed. The risk/reward ratio measures the difference between the entry point to a stop-loss and a sell or take-profit point.

Is stock charts better than TradingView?

Final Verdict: Which Platform is Better for You? For most active traders and technical analysts, TradingView is the better overall platform with its robust charting capabilities, trading integrations, market coverage, data quality, alerts and mobile apps.

Why is TradingView so popular?

As you've learnt, traders choose TradingView for its powerful charting capabilities, vast array of analysis tools, and the ability to connect with a vibrant trading community. It provides them with the necessary resources and insights to make informed trading decisions.

Who is TradingView's biggest competitor?

Is TradingView best for beginners?

Yes, TradingView is a versatile platform that allows users to perform technical analysis and execute trading strategies. Traders can analyze charts, use various technical indicators, and develop custom strategies using TradingView's scripting language called Pine Script.

What is the best charting website?

The best free stock charts are on TradingView. Other free charting websites include StockCharts.com, FINVIZ, Stock Rover and Yahoo Finance. Traders can also open an account at many U.S. brokers for free and chart stocks, even with a zero balance.

Does TradingView sell your data?

Please contact us to exercise a data portability request. Separately, we do not sell your personal information.

How far back does TradingView data go?

The limitations are as follows: for Expert plans - from now to 270 days back multiplied by timeframe(in minutes) for Elite plans - from now to 360 days back multiplied by timeframe(in minutes) for Ultimate plans - from now to 450 days back multiplied by timeframe(in minutes)

Is TradingView good for day trading?

TradingView is known for its charting tools, technical analysis capabilities, and flexibility across devices. But is it suitable for day trading? The short answer is yes. Its chart types, drawing tools, and watchlist functionalities have made it a favorite among day traders.

Which is the world's most accurate indicator?

Who is the best trader on TradingView?

Can you trade with fake money on TradingView?

Paper trading, also known as simulated trading, lets you trade with “fake” money and practice buying and selling securities.

How much should I pay for TradingView?

Free - Limited features but provides core charting and analysis tools. Pro - $14.95/month or $155.40/year. Upgrade for more indicators, alerts and customization. Pro+ - $29.95/month or $299.40/year.