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One of the most popular methods of forming a company or fund valuation is technical analysis. The valuation is made by plotting charts using various analytical tools. Trading View is one of the most widely used free online charting platforms. TradingView users easily create high quality content for analysis of a particular financial market situation.

What is TradingView app

TradingView is a graphical platform that brings together a community of people interested in trading, investing in different markets. The site offers both free tools and paid tools.

To interact with TradingView, the first thing to do is to create an account. It is not obligatory for getting familiar with the site. The account registration process on the platform is quite simple and straightforward.

First of all, you can find almost all companies' stocks and their charts on the platform. In the open chart window, you can see in more detail what analytical tools it offers. Here you can also monitor the latest news in finance.

Once the user is familiar with the interface, if necessary, determine the tools for personal trading needs. One of the advantages of this platform is the availability of many different charting tools. You will find both Fibonacci lines and numbers, as well as more sophisticated tools such as volume area profiles or implied volatility.

Once a chart is created, it can be published for other community members to give their personal opinion on the idea presented. This will be of particular interest to those who need help or interaction with like-minded people.

In addition to technical analysis, the service allows the use of fundamental indicators like P/E, Cash Flow, etc. Other ways to use TradingView include chart setup: price levels or triggers of technical indicators.

Much of the above is available in the free version, but for more advanced traders, it is more likely to be appropriate to purchase advanced functionality. Thus, the TradingView platform offers four levels: free, Pro, Pro+ and premium. When choosing an account, users rely primarily on their personal needs.
The free version gives the user access to one chart and three indicators, but this is the end of the possibilities of working with charts. Paid versions are used to build more advanced charts. They are usually needed by professional traders.

Trading ideas at TradingView

Note that you don't have to make a chart yourself. If you need trading ideas, you can visit the "Ideas" section of the site and see what others think about the development of a particular company or currency. Here are the community's opinions on various markets, from currencies to the stocks of major companies.

Trade ideas are created on their own accord. Anyone who thinks they can contribute can post their work to present it to the community. TradingView has done a great job towards providing the community with quality content, it is probably one of the few places to find good quality free content, if not the only one.

Note that once a graphic is published, the picture is not editable. In this way, you can compare how much a particular idea has been implemented as planned. This should not be used to prove that one author is better than another, but to learn and adapt to market sentiment.

The benefits of the TradingView app

TradingView is an extremely useful platform that provides users with the ability to chart and analyze market conditions.

Thanks to the flow of information and the growth of financial technology, analysis can be built on a strictly personalized basis. For those who want to try their hand at technical analysis, TradingView is a great opportunity. Here you can use your own thoughts and the ideas of other traders without having to spend any money. If the user needs more features, the paid versions can be used. TradingView is one of the best free platforms for charting the market.
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