How to use the TradingView platform
Using TradingView requires a little practice, not because it is difficult, but simply because there are many features that need to be understood. However, to get started, the trader just needs to create an account and then go to "Charts". Here he can enter the trading pair he would like to analyze and a live chart will open.
Above the chart are the functions that can be used to add or change information: the chart is displayed as candlesticks, but this can be changed as desired by clicking on the candlestick icon at the top. Also at the top are options for applying strategies (each explained by clicking the question mark icon on the side), adding indicators, alerts, other comparable assets and other functions.
To the left of the chart are functions that can be used to perform analysis. These features include trend lines, Fibonacci corrections, price ranges, icons, text, and others. Each one is worth playing around with and exploring to make sure you fully understand how to make the most of these tools for analysis.
To the right of the chart, traders can find the watch list, as well as social and organizational features: these include private and public chats, calendars, alerts, news, lists, ideas, and notifications, to name a few. The watch list and its details can be customized to show the assets that interest you.
Below the chart are other features: these include Pine Script, TradingView's own programming language, which traders can use to configure their indicators and run them on the server. In addition, this is where the trader can contact the broker to make a trade. This is done through a combination of the broker's tab and the chart itself by opening and closing a trade.
However, despite all the information available about TradingView, to understand how to use the chart and how to interact with it for the best analysis, it is worth doing a little research first:
Understanding what analysis tools such as Fibonacci retracement levels and the Elliot wave indicator and how they work is paramount. Use the resources available on TradingView, including social media and help functions that explain many tools and strategies as well as provide video tutorials. In addition, there are tools you can use for practice, such as the trading simulation tool, and testing TradingView on historical data to see how trades would have gone in the past and present.
Using outside resources, such as watching explanatory step-by-step videos, such as those published by the Disciplined Trader youtuber, can also be helpful.
The main consideration, however, is not to start trading until you can do your own analysis - watch and then jump in.