Charting Platform Spotlight: TradingView.com

With social trading being the new buzz words in the world of online trading we thought we would introduce you to one of our favorite charting platforms/social trading networks on the web. TradingView.com is making waves in the world of online trading by providing users with up to the minute price charts on all of their preferred assets, without requiring them to pay anything, install anything, or even register with them. You can find a quality free charting facility on their website that will handle all your charting needs while you trade binary options. TradingView charts are dynamic and interactive, allowing traders to drag and drop indicators into a chart as well as easily manipulating its look and layout and pulling up additional data on it. As of last year when the social trading phenomenon experienced one of its first big booms TradingView, which is owned by MultiCharts, boasted over 13,000 registered accounts as well as 9000 unique daily visitors, each of which spending in excess of 45 minutes on the site.

Where TradingView differs from traditional charting platforms is the social aspect. TradingView allows users to create and post customised charts detailing their own trades and the hunches they are developing on the assets they trade. Charts are fully customizable, with lines and arrows as well as text being added so that traders can share their research with others. This is perhaps the most fascinating aspect of the platform as it becomes an area traders can return to every day to get the lowdown from their peers regarding what is moving and shaking in the global markets. I’ve been using this site for a while now and I have to say it is rapidly becoming the cornerstone of my fundamental analysis. I’ll usually visit tradingview.com before I visit Bloomberg or Reuters, that’s how useful I find it. And the great thing about it is that there is no pressure to participate. It is extremely useful to users who just visit the site on a daily basis and never post anything.

There is also a live datastream that reveals what other users have been posting and trading, and also allows users to create profiles which link out to their own websites and blogs for the purposes of expanding on any material that they post on TradingView.

Moving along with the times, as ever, the latest piece of news regarding this revolutionary new trading resource is that as of June 2013, the site has added bitcoin to its charting facilities. Traders can now pull up live charts on all of the major bitcoin currency pairs, including BTC/USD, BTC/EUR, BTC/GBP, BTC/AUD, BTC/CAD, BTC/CNY, BTC/SGD, BLC/PLN, BTC/NAD and BTC/RUB.

 

In the future the company hopes to take their platform mobile through the addition of charting apps for all major smartphone devices, in addition to this TradingView is working on implementing HTML5 technology that will allow it to integrate seamlessly with other trading services. Essentially the site has its eyes on the multi-broker trading market, and seeks to be a hub where different companies can benefit from the services it offers all in one place.

  • Share this post!
Posted by

George Milios

George Milios is the founder of onlineforextrading.net, the binary options and forex news portal which is dedicated to providing you with all the information you need to successfully trade.

Good news for auto-trading lovers - automated trading platforms

Good news for auto-trading lovers - automated trading platforms

Many traders flock to automated trading platforms since trading through them takes the hassle away from the trader, while still allowing him/her to get a piece of the action and of course the profits! When it comes to automated binary options trading in particular, Binary Option Robot features as...…

Published: Thursday 29 October, 2015

BinaryBook Introduces Trend Analyzer, Its Advanced Trading Calculator

BinaryBook Introduces Trend Analyzer, Its Advanced Trading Calculator

If you are looking for a way to fast-track your career in binary options trading, then perhaps you should check out popular broker BinaryBook, which puts at the disposal of all interested binary options brokers an innovative tool called the BinaryBook Trend Analyzer. The...…

Published: Thursday 29 October, 2015

Binary options trading via mobile app by Hirose UK

Binary options trading via mobile app by Hirose UK

It seems that the recently announced intention of the British authorities to re-examine their regulatory approach towards binary opt...…

Published: Thursday 29 October, 2015

Tradesmarter enhances its binary options offering

Tradesmarter enhances its binary options offering

Tradesmarter, one of the leading binary options trading technology providers that offers white labels and services, has strived since its establishment back in 2008 to simplify trading through building the next generation platform. Currently the company already serves as a reliable technology par...…

Published: Thursday 29 October, 2015