Best Free Charting Software for Both Traders and Investors [Browser & IOS]
Every trader and investors are in need of a charting software to perform technical analysis. Most of them just use basic apps like moneycontrol and some use advanced app like metatrader, amibroker, etc. I love tradingview website.
Why do i love Tradingview website?
1. First and foremost reason that i use Tradingview charting website is because of the easy of use and convenience. It is browsers based and can be used on any website browser even in your mobile.
2. It is free to use with some limitations. Free plan is good enough for End of day analysis which is enough for investors as the charts run 15 mins in delay in free plan. Even the paid plans are cheaper and Tradingview offers 1 month free trail on its plans worth upto Rs. 4,200 ($59.95).
3. It is the best place to learn and trade. There are 1000’s of traders who share their ideas and strategies on trading. Free to learn and best place to learn trading.
4. Lots of charts, Inbuilt indicators from basic to advanced and advanced indicators. You can also try algorithmic trading.
5. Best place for technical analysis. Pre-built technical analysis along with community based technical analysis. You will also get to backward test each technical analysis. It also has inbuilt templates and also allows you to save your technical analysis template.
6. Stock Screener. A stock screener is a great search tool for investors and traders to filter stocks based on metrics that you specify. For example, to find the cheapest companies that make the most money – filter for Lowest P/E ratio, and the screener will show you! You can also create good alerts for free.
6. Real-time Paper trading and good watchlist to add your stocks to apply technicals. New to trading Tradingview offers free paper trading option to test your skills real time.
I will also be coming up with videos to make the best out of tradingview website for investors and traders very soon.
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Which software or website do you use? How easy is it to use them? Just leave a comment below. You can also try Tradingview website and let me know how you feel.