I looked through every tool, setting, and chart layout to find 10 amazing hidden gems
on TradingView, that you probably didn t even know existed. Hell,
even I didn t know about some of them. Whaaaaat I didn t know this was here.
So the reason I put this all together is for one solution. How to become a better trader
using TradingView. Or even more specifically, how do I become a better trader using TradingView.
So I decided to record all of the cool hidden gems I found with you guys. So,
yeah leave a like. Will ya? If you ve watched my videos before
you should definitely know I absolutely love TradingView. In my mind it s easily
one of the best chart platforms out there. Just because it has EVERYTHING.
What s even cooler, is that most of the stuff is completely free
and you don t even have to spend a penny. To start us off, let s go to TradingView. I
ll leave a link in the description. If we go to the chart section this is
where the majority of the gems await us. The first gem is this replay tool. I use
this one all the time. You can use this tool to replay past chart history.
Now you might be asking this right now. Siri,
why do I need to replay past chart history? Siri: to learn mf
A bit rude but, siri s right. To become a become a better trader,
practice is everything. And when looking at a full chart the next day, it s easy say, oh yeah,
I would of definitely entered right there . With this tool you can go to any time frame
click wherever you want to start, and playout the chart as it would look in real time.
Now it is going to show full candles from open to close, so it s not EXACTLY like live trading,
but still extremely useful for practice. This way, you can practice trading the markets
and see if you make good entry decisions not knowing what it s going to do in the future.
To do this, Just click the replay button up here, it will then pop up with a window, and
this blue selection line. Click whatever candle you want to start at. Then simply click play.
If you want to speed it up or slow it down, you can simply move this
dial and it will do so. So, that s pretty cool. This next tool, I literally use every single day,
and it s a major time saver. If you ve watched any of my trading strategy videos, you will
instantly figure out that a lot of them have multiple indicators with very specific settings.
Whenever setting up these strategies it can be very annoying because you have to search
for multiple indicators, then go through each and every one and adjust the parameters, settings, and
colors to your liking for every single indicator. Then if you want to switch to a different
strategy, you have to do it all over again. Which if you do it enough, you could waste
multiple hours doing just this. Well, let me show you how I speed up this process.
The template tool. This tool is a huge time saver. How it works is you simply add
all the indicators that you need for whatever strategy you are doing. Then
change the settings to whatever your liking is. Once you have all the indicators added and to your
liking, go up to this template button, click save indicator template, name it,
and it will save all these indicators and their settings, as a template.
So here, I have multiple different trading strategies I use, I can just switch through
them with the click of a button, and not have to spend 10 minutes adjusting them
every single time. Huge time saver. Speaking about time saving, I bet you
didn t know TradingView has a list of keyboard shortcuts you can use.
Just click this hamburger menu up here, scroll down to keyboard
shortcuts. Then click whatever section you are interested in, and it will give you a
list of keyboard shortcuts for that category. So as you can see, theres a lot. So im not
going to go through each and every one, because that s boring. But, just know, they re there.
Now, have you ever thought. Oh, I want to remember to get in when this stock reaches this number,
or oh this company has really good earnings, I want to remember that.
Well, what I use to do, was have a physical journal on my desk, and write these notes down
whenever I thought of them, so I could easily just look down and remember that certain thought.
The thing is, when trading, sometimes seconds can be the difference between you making money or you
losing money. So the more tools you have on the screen where you already are,
it ll make your life a whole easier, and will make you a much more efficient trader.
That s when the notes tool comes into play. Just like a journal. You can write down whatever you
want to remember about your trading plays and have it easily accessible right on your chart. Simple,
but a must if you want to be organized. Speaking about having tools on your chart,
you guys are going to like this one. Imagine being able to actually trade, directly on tradingview.
Well, TradingView made that possible. Simply just click this trading Panel button
and it will pop up some popular brokers that work with tradingview. Lot s of these brokers are for
stocks, some are forex, some are crypto brokers, but it gives you a pretty a big selection.
But you just simply click your broker, sign in to your account,
and you can enter and exit trades right from tradingview, which is freakin awesome.
Tradingview also offers an option for paper trading. So maybe you re new to trading and
want to practice with fake money. You can simply setup an account and trade with fake money
directly on tradingview to see if your trades are successful and to see if you would make money or
not. Which is absolutely great for beginners. Moving on. A huge part of trading is seeing
a chart from multiple perspectives and different time frames. Maybe you want to
see to see a 1 minute chart and a 5 minute chart in real time on one screen. Or maybe
you want a stock your day trading, and the S&P 500 side by side to see if there correlated.
Well, that s when the chart layout tool comes in. Just click this chart icon here,
you can select however many charts you want at once, on one screen. And they
give you a ton of selections to choose from. You can also have the option to sync your charts.
So maybe you want the charts to switch to whatever ticker symbol at the same time,
or maybe you want to set it to where if you draw a line on one chart you want it to show
up on the other, you can do so. This next gem is insanely useful
and you probably didn t know about it, because it s pretty hidden. So what you do is go on whatever
stock your interested in. Then of course in bottom right you have this details page.
Where it will show you some key facts about the stock, like the volume,
earnings, income statement, and so on. Which is pretty cool, but it get s a lot cooler.
So if we scroll down to the bottom, we can see there is this meter. One for the rating of the
technical and one for the analyst rating. But if we look closely, right below this meter,
is a little button that says more technicals . Click it and it will bring up this. 3 meters.
One for oscillators, one as a summary, and one for moving averages.
Then if you scroll down, it will show you exactly how it produced these ratings,
and what factors into them on being a buy or a sell. Which is insanely cool.
Then on top of that, you can switch between different time frames. So you can see if
something is bullish or bearish on the one minute time frame, or see what it s like for the long
term on the 1 week time frame. Also, as a side note,
all of these meters move in real time. Now I m definitely not saying oh if all
3 of these meters are strong buy, you should definitely enter a position . I m not saying
that at all. But it is a nice feature to look at to get second perspective to back
up your trading play. So check it out. Next little gem we have is for chart looks.
I get this question all the time. How did you get your chart to look like that? Mine
looks so bad compared to yours. So you want to be cool like me huh?
If you don t know the default tradingview, it looks like this. (my eyes spongebob)
In my eyes, kind of ugly, and not very clean. To customize it to your likings, you can click
this setting wheel and it will take you to the chart settings. Here you
can change the color of the your candles sticks, price line, or whatever you like.
You can also go to this appearance tab and change the background of you chart. This is also where
you can turn off those annoying background grid lines to make your chart look a lot cleaner.
And just like the indicator templates like we talked about before, you can do the same type
of thing for your chart settings. Once you have the settings you want, go down here, and click
save layout . This way if you want to change between two different layouts fast, you can.
Also if you don t have dark mode on, what are you doing? It s a lot better for your eyes, and in my
opinion a lot more clean looking than the original look. To do that just click the hamburger menu up
here, and enable this Dark color theme and boom, your tradingview looks actually decent now.
Next are some of my favorite trading tools. Now I see a lot of beginners when drawing their support
and resistances, they use the original trend line tool, and draw from one point to another.
The thing about this is, it s not going to be perfectly straight and its gonna be crooked.
That s when you use the horizontal line tool, and it will draw a horizontal line all the way
across your chart in a perfect straight line. Which brings me to my next point, say if you are
drawing an ascending support line with the trend line tool. As time goes on and the chart plays
out, you re going to have to constantly move your line up, which can be pretty annoying.
Well, just use this extended line tool and select your two points, and it will go on
indefinitely, so you never have to move it. One final tip for the tools section, say if
you have a bunch of lines and drawings on your chart and you just want to look at a clean chart.
Instead of deleting every single line and having to redraw them later. You can just click this
icon right here, and you can select if you want to hide your drawings, indicators, or whatever
you want. Which can be pretty useful at times. This last one is probably the coolest hidden gem
on all of tradingview. So maybe you have a specific trading strategy. Where you enter
when the indicators do a specific thing, or when price reaches a certain point. And you
want to test simply if the strategy works. But you don t want to spend months testing,
and even worst, testing it with actual money and it being a losing trading strategy.
Well, what if you told you, you could backtest any single strategy on past years of stock data,
for any stock, and see just how successful that trading strategy would have been.
Well, to your surprise, you can do that on TradingView.
Just click this pine editor tab and it will bring you to where you backtest. Now
I m going to warn you now, you probably need some type of coding experience to do this.
But it s really not that hard and if I can learn how to do it, you can definitely do it.
You just type the code for all the indicators and tell tradingview the parameters of when to enter
and when to exit. Once you have all the code type out, it will pop up with all the statistical data,
and show you the key metrics like the win percentage, how much you would have made
or lost, and so much other awesome data. It will show you every single trade it took,
and where exactly it executed. And you can even see it on the chart,
of where it took a long or short position. So why guestemate on if a strategy is good? Use
actual statistical evidence, to see if your strategy works.
If you haven t backtested before or don t really know how to code, lucky for you, I made a video
on the basics and how to backtest on TradingView. So go check that out. It s a key skill you need if
you want to become a successful trader. Thanks for watching, and I ll see you guys, next time.