{"id":15770,"date":"2024-02-07T14:10:51","date_gmt":"2024-02-07T19:10:51","guid":{"rendered":"https:\/\/beta.optimusfutures.com\/tradeblog\/?page_id=15770"},"modified":"2024-11-12T11:33:50","modified_gmt":"2024-11-12T16:33:50","slug":"tradingview-guide","status":"publish","type":"page","link":"https:\/\/optimusfutures.com\/blog\/tradingview-guide\/","title":{"rendered":"How to Use Tradingview | A Beginner’s Guide"},"content":{"rendered":"\t\t
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How to Use Tradingview | A Beginner's Guide<\/h1>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Introduction<\/h2>

Charting is critical to futures traders who rely on an assortment of visual and technical tools to help them analyze and trade the markets.<\/p>

Oftentimes, traders rely on their own platform\u2019s charting capabilities. This serves a practical purpose. You don\u2019t want to encumber your charting dashboard with extra tools and windows that will take away from the quick-reaction demands of real-time trading.<\/p>

But when you\u2019re in analysis mode, it helps to have a large menu of tools, functions, reports, and perspectives to guide you along. And this is why we\u2019re introducing the TradingView charts as a tool that might be helpful to your work on market analysis and trading.<\/p>

What is TradingView?<\/h2>

TradingView is an advanced financial visualization platform that offers a wide array of chart formats, instruments, technical tools, media reports, and social trading functions.<\/p>

You can customize your TradingView dashboard to match your preferences for market analysis. And this is what we\u2019re going to focus on in this guide\u2014namely, how to navigate and customize your platform.<\/p>

Overview of the TradingView Platform<\/h2>

Take a look at the dashboard below.<\/p>

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  1. The first and most important item is the price chart.<\/li>
  2. The top-left navigation allows you to change instrument, chart view, time frame as well as select chart overlays, technical indicators (and templates), set alerts, and implement market replays.<\/li>
  3. The left-hand navigation is where you find your charting and drawing tools: lines, retracement and extension tools, shapes, text, and more.<\/li>
  4. The top-right navigation is where you select your chart layout, create new profiles and chart templates, access your settings, toggle to full screen, and take snapshots.<\/li>
  5. The right-hand navigation is a communication tool that allows you to stream posts, view financial news, set alerts, create watchlists, note your trading ideas, and engage in chats.<\/li><\/ol>

    If you take a look at your dashboard, it will be obvious that our chart above doesn\u2019t cover everything in TradingView. There\u2019s much more to discover and it\u2019s best to approach it from a hands-on perspective.<\/p>

    However, this general overview should help you get started.<\/p>

    Where to go from here?<\/h2>

    It really depends on what you need most at the moment. Click on any of the topics below to go straight to the tutorial.<\/p>

    BUT REMEMBER, THE BEST WAY TO LEARN IS TO DO. Our description and tips may be comprehensive but they\u2019re by no means exhaustive. Plus, you don\u2019t want to spend your day reading how to use these indicators when you can just jump in and try them yourselves.<\/p>

    So here are the basics. Go forth and explore TradingView\u2019s platform!<\/p><\/div>

    Create Profiles<\/h2>

    \"\"<\/p>

    Creating your overall\u00a0dashboard profile<\/strong>\u00a0is like preparing the overall context for your analysis and trading.<\/p>

    1. Click on this icon to rename your chart layout.<\/li>
    2. This window will pop up, allowing you to type in the layout name.<\/li><\/ol>

      For example, let\u2019s suppose you trade micro futures for the big three US stock indices. You might want to call your layout \u201cMicro Indicies,\u201d combining the following instruments:<\/p>