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A Beginner's Guide to multiple Trading View Charts on the Same Screen!

One of the biggest trading challenges is finding and tracking the best opportunities. There are so many different setups, patterns, indicators, and strategies that it can be overwhelming to know what to look for and which ones to follow. The real trick is keeping track of these things without having to switch between trading view charts all day long. Today, we will tell you how you can have multiple Trading view charts on the same screen to manage your time more effectively without sacrificing your trading edge.

What Exactly Is a Trading View Chart?

  • A trading view chart assumes that all financial markets move in trends rather than sideways, and a trend is a general direction of price movement for any need. The price movement can be a straight line, an impulsive move, or a zigzag pattern in the trading view chart.

  • Trading view integrates with popular trading platforms such as MT4 and MT5 so that you can place trades right from your charts. The addition of trade functionality has allowed traders across several markets, and asset classes access to powerful charting tools that would enable them to utilize technical analysis more effectively than ever before.

  • To use an in-trading view chart effectively, you need to be able to tell exactly how far away from its original starting point a given price move has travelled. There are two ways of doing this;

  • One method involves measuring where each bar on your trading view chart ends up concerning its starting point,

  • & the other involves using Fibonacci retracements  

  • You can customize your trading view chart by adding indicators and drawing lines or shapes. You can also add text comments to explain your strategy, just like you do in a trading journal.

Bar charts

Bar charts typically only plot a single data point per period. This makes them very useful if you are looking at just one piece of data but very limited in terms of what they can convey when you want to plot multiple pieces of data on the same chart (which you'll likely want to do).

Candlesticks

Candlesticks are thin bars that show the price range over one unit of time. You can also use candlesticks to determine if a stock is trending or not. The longer the body, the more intense the buying or selling pressure.

Line graphs

Line graphs imply several different things. Their purpose is to display data, making it easy to understand how other variables relate to one another. They are also helpful for identifying trends or patterns in data sets.

What Does the Chart Show?

The trading view chart shows at a glance:

  • The trend (the direction of price movement)

  • The current level of prices

  • How volatile the market is (how much prices fluctuate in a given period)

  • Historical support and resistance levels

  • What has happened in the past, and what is likely to happen next.

Creating More Than One Chart on a Screen

Click the "layout" button on the top ribbon beside the "save" button to create a new chart.
You can add up to four charts on the same screen and set up your workspace according to the following layouts (not limited to these):

  • 1x1 (one graph per workspace)

  • 2x2 (four charts)

  • 1x2 (two charts side by side)

  • 2x1(two charts one above another) and more

You can also adjust your chart layout to horizontal, vertical, or multiple grid forms. It's also possible to link your new chart in trade view by resolution or symbol. If you select the resolution option, all the chosen symbols will have a standard resolution, i.e., if you change the resolution for one of them, all the rest will adjust accordingly. If you decide symbol option, you'll be able to plot several different symbols on different resolutions.

Why Should You Use a Trading view?

Stock Screener 

You can search through thousands of stocks in seconds. You get multiple filters and hundreds of different parameters to find the best trading opportunities in the trading view. You can save your searches or share them with others on social media or forums.

Trading View Is Free

Trading view offers a free membership, which is limited, but it also provides a pro membership that is quite affordable. It is one of the best solutions you can offer to traders looking to save some money.

Where Do You See The Price Of An Asset Going? 

That's the basis for all trading. The trading view platform can show you where other people have been buying and selling, which can help make your own decision about where to invest. The charts can be used for all timeframes, from one minute to monthly or annually, and this makes it easy to get a snapshot of an asset at any time frame you're interested in.

Trading View Has a Great Community  

In trading view, you get to meet a fantastic community of traders, analysts, and programmers contributing excellent stuff every day on the platform. If you have any questions or want to learn something new that could help you in your trading career, you can always find something useful on the platform or ask someone from their community and get the answers you are looking for.

How to Use the Trading View Screener?

The screener allows you to scan for stocks with specific Moving Averages on the chart in trade view. This is a straightforward way of finding stocks performing above their broader index.
A simple way is to use the built-in trading view screener, add some moving averages to your chart, and then set your yearly, monthly, and optionally weekly performance values to filter the list down to a manageable number. You can do this with other screening parameters, such as MACD crossovers, Bollinger bands, etc.
The screener shows you how stocks perform and winners based on price to moving average.

How to Open an Account in Trading View?

Just follow the steps below to open an account on trading view:

  • Go to the official website.

  • Choose a plan from the different programs available, such as pro, pro+, and premium plans.

  • You can buy a monthly or yearly plan.

  • Once you choose your plan, it will take you to another window, where you can log in through your Facebook, Google, Twitter, Yahoo, Apple, or LinkedIn accounts.

Now you are all set to explore the pro features of in trading view chart.

Conclusion

Traders & investors go up against many challenges, and the one that can seem the most daunting is trying to keep track of multiple charts at once. With Futures, Forex, and CFDs, Traders can use technical analysis with stocks, options, commodities pairs (Futures), and future, forex, and CFD markets in real-time. The platform's flexibility has made it a popular choice for advanced users and amateur traders alike.

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