Home Trading Strategies TradingView Bonus Tips (Episode 8/8)

TradingView Bonus Tips (Episode 8/8)

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TradingView Bonus Tips (Episode 8/8)

okay so before I end this trading view tutorial I just want to share with you a few tips right that will give you a better chatting experience number one okay always have your autosave function set to on so this way whenever you make any changes or whatsoever right you don’t lose it right every minute the trading view platform will save your changes second tip I have for you is that if you make any drawing so I like you shifted your lines accidentally just press ctrl-z and you will revert back to the previous section okay so this way you can you know undo any mistakes that you make relatively quickly another thing to share with you it’s a comparative strength analysis so let’s say you are trading the index right the stock market index and you’re wondering know which index is the strongest right now this can be applied to stocks or index or whatever right so let’s say we talk about index so this is the SMP 500 and you’re wondering the SMP 500 let’s say compared to the nest egg which one is stronger right now so what you can do is get overlay the Nasdaq charts on top of the S&P 500 just click compare and in this case you have the desde option here okay you’re trading stocks you can just enter the the the name of the company like you know if you’re trading stocks you’re compare PO and Google or whatever you can just enter over here so in this case is an S deck okay you can see that over here you have the blue line which is the Nasdaq price changes over time compared to the S&P 500 so it’s a bit hard to see since one is in the line chat format and one it’s a candlestick forming so what you can do is you change the SNP one to a line chart format so now is easier to compare at SMB is the dark blue one and nest-egg is the light blue one so you can see that over time especially in this year in 2019 it seems that Nasdaq is the stronger index to be trading right it’s you know making a higher highs and the retracement right is not as deep bright compared to the S&P 500 so this is what I mean by a relative strength analysis or you can compare two similar markets right and see their performance I which one is stronger and which one is weaker so that’s one thing you can do as well and another thing to share it’s a economy calendars right especially if you trade stocks you don’t know where earnings is coming up it’s useful you can go to settings and go to events right and turn on your earnings and it gonna be calendar for those of you to treat our Forex okay so you say for example you want to be concerned only with the future events right check this box press ok so now you see nothing here because there’s no economic news on dish in this s but you go to Apple in this case ok and you can see it Apple right let me just remove this change to back to my Kendall’s right you can see the apples there’s the earnings over here on getting 30 of july 2019 there’s one on 9 august 2019 is the dividend payment i believe okay so in future you can see that all this right it shows you the historical earnings and dividend as well so if you go to settings ok i believe in future right when they have comfort the confirm the earnings date and divided right you will pop up somewhere in the future as well in time right so you can see the earnings and dividends so for example for X equal to 4 X or Z New Zealand you also show you the earnings like for example 22nd 26 oculars where you know there’s a news coming up from me from this what countries this currently tell right so it’s either Australia or New Zealand over here of these two dates so it keeps you aware of the economic news that could impact your trading and one last thing is that when you insert indicators right maybe you know moving average or whatever let’s say I’m moving average K and you know you want to just temporarily remove it because this may be distracting on your I so what you can do is just click this one over here show/hide right and it’s gone right you will hide off your indicator okay so you don’t know turn it on again just click on it the indicator will come back and another thing to share is that let’s say your indicator is at the bottom of the chart let’s see the rate of change over here okay you can just double click OK the indicator is gone at the bottom and you double click again it comes back so this is again something that I let her get from the my my YouTube fence right there on who shared this with me because previously I was you know cooking my chats too fast and I’m wondering hey why the indicator is always going missing right so again they informed me that is because I double click on my chance and that’s why the indicator at the bottom went missing so this could be useful for you as well right to hide or show your trading indicators okay so that’s pretty much it right for this ultimate trading view tutorial I hope you hope you got massive value out of it you now know how to use this charting platform right like a pro and with that’s it I wish you good luck and good trading if if any feedback or you have additional tips and techniques that you want to share leave it in the comment section below and I will talk to you soon

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