TL;DR: To use charts for trading in TradingView, search and select your market or instrument, choose a chart type (such as Candlestick or Line), and set your preferred timeframe. Traders can customize charts by adjusting appearance settings, adding indicators and overlays, using drawing tools like trendlines and Fibonacci levels, and saving layouts for reuse. TradingView also allows switching between multiple charts and refreshing live data to support effective market analysis and trading decisions.
As a FundedNext Futures trader, here's how you can use the chart for trading in TradingView.
How to search for a Market/Instrument in TradingView?
Visit TradingView on a web browser or open the TradingView app.
Click the search bar at the top.
Enter the name or symbol of the asset (e.g., ES for S&P 500 futures).
Select your preferred market from the list.
How to choose a Chart Type in TradingView?
Click the chart panel settings icon (⚙) or the chart type dropdown.
Select from Candlestick, Bar, Line, Heikin-Ashi, Renko, or other chart types.
How to adjust the Timeframe in TradingView?
Click the timeframe dropdown (above the chart).
Choose from 1-minute, 5-minute, hourly, daily, weekly, etc.
You can also customize the appearance of your chart. Here are the steps below:
Access Settings
Click the Settings (⚙) icon on the chart.
Select "Appearance" from the menu.
Modify Chart Elements
Colors: Adjust the colors for candles, indicators, and background.
Gridlines: Customize the visibility and style of gridlines.
Background: Change the chart’s background color for better visibility.
Price Scales: Modify the appearance of price scales (left/right) to suit your preferences.
This allows you to personalize your chart's look and feel.
Furthermore, you can also customize your charts to better suit your needs. Here are some of the customization features:
Adding Indicators & Overlays
Click "Indicators" (located on the top toolbar).
Search and add tools such as:
Moving Averages
RSI (Relative Strength Index)
MACD (Moving Average Convergence Divergence)
Bollinger Bands
Volume Profile, etc.
Drawing Tools & Trendlines
Use the left toolbar to access drawing tools.
Draw key elements like:
Trendlines
Fibonacci retracements
Support and resistance levels
Annotations
Saving Your Chart Layout
Click "Save Layout" (located on the top-right corner) to preserve your custom chart settings.
Refreshing the Chart
Click the refresh button or press:
Ctrl + R (Windows)
Cmd + R (Mac)
This reloads the live data.
Switching Between Multiple Charts
Click "Select Layout" to display multiple charts on a single screen.
Use the Watchlist to quickly switch between different assets.
By setting up and customizing your TradingView charts, you can analyze markets efficiently and enhance your trading strategy.