What is TradingView and Why Use It?

If you’ve ever wished for a crystal-clear view of the stock market, TradingView comes pretty close.

Think of it as Google Maps, but for traders. It helps you see where a stock is, where it’s been, and where it might be headed, all on one screen.

So, What Is TradingView?

TradingView is a free (with optional paid plans), charting and trading platform that’s used by traders across the world. Whether you’re into stocks, crypto, forex, or commodities, this is where you analyse them all.

You can:

• View real-time price charts
• Add technical indicators (like RSI, Moving Averages, MACD)
• Draw trendlines and patterns
• Set price alerts
• Even create your own custom strategies with something called Pine Scripts™ (don’t worry, we’ll get there)

And the best part? It works on your browser. No downloads. Just open, log in, and you’re ready to go.

Why Do Traders Love TradingView?

Here’s why it’s become the go-to tool for Indian and global traders:

But Why Not Just Use Broker Platforms?

Broker platforms are great for placing trades. But when it comes to analyzing markets, they often fall short.

TradingView fills that gap:

• Better chart resolution
• More indicators and customizations
• Backtesting capabilities
• Cleaner design (yes, it matters when you’re staring at candles all day)

Good for Beginners and Pros

Whether you’re just figuring out what a candlestick is, or you’re someone who’s been trading for years, TradingView has something for you.

• Beginners can start with line charts, basic tools, and trendlines.
• Intermediate traders can use screeners, indicators, and alerts.
• Advanced users can go full Pine Scripts™ and build their own trading systems.

Real-Life Example:

Let’s say you want to find out if Tata Motors is trending up.

You go to TradingView, search “TATAMOTORS,” and pull up its daily chart. With just a few clicks, you can:

• Draw a trendline
• Add a 50-day moving average
• Set an alert if price crosses ₹1,000

All without needing to open 10 tabs or scroll through news feeds.