Is TradingView better than thinkorswim? (2024)

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.

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Which platform is better than TradingView?

Koyfin is the TradingView alternative. Koyfin's powerful financial analysis tools, customizable charts, and flexible pricing options make it a top choice for investors seeking an alternative to TradingView.

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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.

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Is TradingView the best for trading?

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.

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(Trader Creator Pro)
Is it worth paying for TradingView?

For active traders, TradingView premium can certainly be worth it. The key premium features like advanced alerts, more indicators, backtesting, enhanced analytics, and screeners give you an information edge in analyzing the markets and executing trades.

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(ClayTrader)
Who is TradingView's biggest competitor?

List of tradingview.com competitors in March 2024:
  • investing.com , with 189.54M visits, 97 authority score, 63.55% bounce rate.
  • marketwatch.com , with 90.8M visits, 90 authority score, 65.25% bounce rate.
  • nasdaq.com , with 24.93M visits, 79 authority score, 70.45% bounce rate.

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Why is TradingView so popular?

TradingView is primarily used for financial market analysis, offering advanced charting tools, technical indicators, and social networking features to help traders and investors make informed decisions across various asset classes such as stocks, forex, commodities, and more.

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What are the disadvantages of TradingView?

Some of its key disadvantages include: Limited customization: While TradingView offers a wide range of charting options, some traders may find the platform's customization options to be limited compared to other charting platforms.

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What is the best trading platform?

Summary: Best Online Brokerage
CompanyForbes Advisor RatingBEST FOR
Interactive Brokers4.4Best Online Broker For Traders
TD Ameritrade4.4Best Online Broker For Beginners And Best For Mobile App Users
Fidelity Investments4.4Best Online Broker For Everyday Investors
Charles Schwab4.3Best Online Broker For Customer Service
1 more row
Apr 1, 2024

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Who is the most popular broker with TradingView?

Intro and winners
  • Interactive Brokers - best broker for TradingView in 2024. ...
  • Webull - Free stock/ETF trading and high 5% interest on uninvested cash. ...
  • Ally Invest - Low trading and non-trading fees. ...
  • Oanda - Great trading platforms. ...
  • Forex.com - Low forex fees. ...
  • Optimus Futures - Low trading fees and free ACH withdrawal.
Mar 28, 2024

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How much should I pay for TradingView?

Free - Limited features but provides core charting and analysis tools. Pro - $14.95/month or $155.40/year. Upgrade for more indicators, alerts and customization. Pro+ - $29.95/month or $299.40/year.

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What is the most powerful indicator in TradingView?

The 3 Best TradingView Indicators to Improve Your Trading
  • 1- ARMAGEDDON 2 by Bullish way team. This indicator shows you the floor and ceiling of the market accurately. ...
  • 2-Ichimoku Clouds. ...
  • 3-Auto Fib Retracement.
Nov 22, 2023

Is TradingView better than thinkorswim? (2024)
Can I day trade with TradingView?

To be more well-rounded in your approach, it helps to have a watchlist, alerts, leaderboards, news, indexed ideas, and even social forums to bounce your ideas off other traders. TradingView provides all of the above and more to help you day trade from a wider perspective and a broader context of ideas.

Do I need a broker for TradingView?

Do I need a broker for TradingView? Yes, you'll need a broker that supports TradingView integration if you want the ability to execute trades, track your orders, and/or manage your positions from within the TradingView platform.

Is TradingView best for beginners?

Yes, TradingView is a versatile platform that allows users to perform technical analysis and execute trading strategies. Traders can analyze charts, use various technical indicators, and develop custom strategies using TradingView's scripting language called Pine Script.

How much is TradingView a month?

TradingView prices are structured with four subscription plans: Free, Essential, Plus, and Premium. If you pay monthly, the prices range from $14.95 to $59.95 per month. You can also pay annually for a discount and get TradingView as low as $12.95 per month.

How to get TradingView Pro for free?

Email us. Email us at info@fxcmmarkets.com and claim your free TradingView Pro account, quoting FREETRADINGVIEWPRO in the subject line. Please make sure you also include your TradingView username and your FXCM account number in the email.

Who uses TradingView?

Traders and investors use our platform. Top website in the world when it comes to all things investing. Mobile reviews with 4.9 average rating. No other fintech apps are more loved.

Can you have multiple charts on thinkorswim?

Like several other thinkorswim interfaces, Charts can be used in a grid, i.e., you can open multiple Charts instances in a single layout.

What are the top 3 indicators in TradingView?

Top 5 indicators and add-ons for TradingView
  • Liquidity Sentiment Profile (Auto-Anchored) Right off the bat, we bring you an add-on that combines several approaches that track both price and trade volume. ...
  • Range Detector. ...
  • Trendline Breakouts With Targets. ...
  • Market Structure BOS/CHOCH. ...
  • All Chart Patterns.

What are the 4 indicators of TradingView?

This indicator is similar to the Weis Wave Volume indicator in that it shows cumulative volume for each up and down price wave. However it is calculated differently, using the Jurik moving average to determine turning points.

Which broker do most traders use?

Best brokers for day trading
  • Interactive Brokers.
  • E*TRADE.
  • Fidelity.
  • Webull.
  • Robinhood.
  • TradeStation.

What trading platform does TD Ameritrade use?

thinkorswim Desktop and Mobile App Download Instructions. Once you've opened an account with TD Ameritrade, download our award-winning trading software to begin trading on our most powerful platform.

What website do most traders use?

Summary of the best trading platforms:
  • Interactive Brokers.
  • SoFi Active Investing.
  • E*TRADE.
  • TradeStation.
  • ZacksTrade.
  • Firstrade.
  • Ally Invest.
  • Webull.

Which broker gives TradingView free?

In fact, Dhan is the only broker in India that allows you to place orders from the Trading Panel on TradingView. Follows the steps below to get started: - Open a Dhan Demat Account.

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