As a seasoned day trader with over 6 years of experience and a deep passion for finance software, particularly in my role as a reviewer, I've explored numerous day trading software and charting platforms. Today, I'm thrilled to share my comprehensive TradingView review, a culmination of years of research in the trading software landscape.
The Verdict: TradingView Pro+ Takes the Lead
Is TradingView Pro Worth It?
The Bottom Line: Yes, TradingView Pro is worth it (though I recommend you use TradingView Pro+, more on that later).
TradingView emerges as the top charting platform in 2024, excelling in features, speed, ease-of-use, coverage, reliability, and affordability. Whether you're a novice or a seasoned trader, TradingView proves to be the optimal solution.
Accessibility: 5/5
Quality of Research/Analysis: 4/5
Price: 4.5/5
Get a 30-day free trial of TradingView Pro+ Sign up via our links in this article to receive a $15 credit, automatically applied to any plan you select. Test any plan risk-free with a free 30-day trial.
What is TradingView?
TradingView stands as a comprehensive charting platform trusted by more than 30 million traders. Originally designed for stocks and ETFs, it has expanded its coverage to include cryptocurrencies, financial derivatives like futures and CFDs, and more. Whether you're a day trader or a swing trader, TradingView caters to those actively engaged in technical analysis.
Who is TradingView For?
TradingView caters to active traders focused on technical analysis, primarily in stocks and cryptocurrencies. While long-term, fundamental investors may find basic charting features in the free version useful, TradingView is tailored for traders aiming to refine strategies and develop unique trading styles.
Key Features of TradingView:
1. Charts and Technical Analysis
TradingView offers an extensive range of charting features, including 14 chart types, 20+ timeframes, 90+ drawing tools, 100+ pre-built indicators, and a vast community-driven library of 100,000+ indicators. However, the Basic plan imposes limitations, making an upgrade essential for serious traders.
2. Screeners
TradingView provides screeners for stocks, forex, and cryptocurrencies, allowing traders to filter securities based on various criteria and technical indicators. The Technical Rating feature helps assess securities' technical strength.
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3. Alerts
Server-side alerts enable traders to set price alerts around key support/resistance levels, streamlining the process of monitoring multiple assets simultaneously.
4. Community
TradingView's community facilitates knowledge-sharing among traders, offering insights into strategies, risk management, trading plans, and more.
5. Other Features
TradingView includes diverse features like paper trading, fundamental stock data, backtesting, trade ideas, chart exports, heatmaps, real-time global news, and earnings calendars.
TradingView Pricing: How Much is TradingView?
While the Basic plan offers free access to various features, serious traders will find value in the Pro, Pro+, or Premium plans. Signing up through our links grants a $15 credit, applied to the selected plan, along with a risk-free 30-day trial.
My Opinion: TradingView Pro vs Pro+
TradingView Pro+ emerges as the optimal plan for most traders, offering versatility across multiple devices, enhanced chart layouts, more indicators per chart, increased alert limits, and additional features. For just $17.95/month (billed annually), Pro+ stands out as the best charting subscription in 2024.
Final Word: TradingView Review
In conclusion, TradingView is an indispensable tool in my trading journey. Its speed, reliability, affordability, and comprehensive set of indicators make it a standout choice for charting. Whether you're a seasoned trader or just starting, TradingView is a home run.
Start your 30-day free trial and experience the TradingView difference: Sign Up Here
Disclaimer: The information provided in this TradingView review is based on personal experience and research. Trading involves risk, and readers are encouraged to conduct their own analysis before making financial decisions.
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