Can you trust TradingView? (2024)

Can you trust TradingView?

Yes, I believe so. In my personal experience, it's a very useful site and a great tool in the beginning of a retail trader's journey because doing technical analysis on something like MT4 conpared to TradingView is like night and day.

Can TradingView be trusted?

TradingView Review Summary

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.

Is TradingView data accurate?

What disappoints me in tradingview is that charts r not accurate compared to zerodha chart. You can simply check the open price and last price of an equity in trading view. I'm pretty sure it will be different from the pre-open data from NSE.

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?

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.

Does TradingView sell my data?

Separately, we do not sell your personal information. Right to request delete personal information we have collected from you.

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.

What is the most powerful indicator in TradingView?

Can you use fake money on TradingView?

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

What is the most accurate TradingView broker?

Can you make real money on TradingView?

Earn with TradingView

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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.

Is MetaTrader better than TradingView?

MetaTrader also has a social component, but it is not as robust as TradingView's. In terms of order execution, both platforms offer fast and reliable trade execution. However, some traders may prefer MetaTrader's one-click trading feature, which allows them to quickly enter and exit trades with just a single click.

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.

Who own 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.

Who is TradingView's biggest competitor?

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.

Why is TradingView famous?

TradingView is a cutting-edge, web-based platform that caters to traders and investors of all skill levels, offering powerful tools and real-time data to make informed financial decisions. With its user-friendly interface and extensive features, TradingView has become a go-to platform for traders across the globe.

Why does TradingView cost money?

For casual users, TradingView's free plan will likely satisfy most needs. But for frequent traders who require real-time data, more indicators, unlimited alerts and greater customization, the paid plans are extremely beneficial.

Is TradingView encrypted?

We use firewalls, authentication systems, access control mechanisms, encryption and other security measures and controls in accordance with cybersecurity standards and best practices.

How far back does TradingView data go?

Our Professional plans provide even more historical intraday data for Bar Replay. 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)

How does TradingView get their data?

We source the highest-quality information, used by professionals, from a range of the most respected data partners in the business. *We provide real-time data for free whenever we're allowed. Some data is delayed for public display due to specific exchange regulations.