How to Use TradingView — A Simple, Practical Guide

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TradingView is one of the most popular charting platforms for traders and investors. It gives clean, interactive charts, lots of built-in indicators, drawing tools, and even a small social community where people share trading ideas. This post will walk you through the basics in simple language, show common features, and give a step-by-step routine you can start using today.

 Free Charting Library by TradingView

1. Create an account and set up the workspace

  1. Go to TradingView and sign up with email, Google, or other options.

  2. Open the Chart page — this gives you the full screen chart (called “Supercharts”).

  3. Save a layout: after you add indicators and drawings, save your layout so you can open the same setup later.

Why this matters: a saved workspace keeps your charts consistent and speeds up analysis. TradingView’s Help Center has a clear “get started” area if you need step-by-step help. (TradingView)

2. Know the main parts of the chart

  • Symbol/Search box — top left: type the ticker (e.g., AAPL, BTCUSD) to open a symbol.

  • Timeframe selector — choose 1m, 5m, 1h, Daily, Weekly, etc. Timeframe changes how much data each bar/candle shows.

  • Chart area — shows price action (candles, bars, lines). You can change chart type (candles, line, Heikin-Ashi, Renko, and many more). (TradingView)

  • Indicators button — opens TradingView’s library of indicators (RSI, MACD, Moving Averages, etc.). Click and add to the chart. (TradingView)

  • Drawing toolbar (left) — tools to draw trendlines, Fibonacci, text, shapes.

  • Bottom pane — place for indicators like volume or MACD.

3. How to read price action (basic)

Start with candles and timeframes:

  • Use higher timeframes (Daily/Weekly) to see the main trend (up, down, or sideways).

  • Use lower timeframes (1m–1h) to fine-tune entries and exits if you trade short term.

  • Look for basic patterns: higher highs + higher lows = uptrend; lower lows + lower highs = downtrend.

Price action helps you avoid over-relying on indicators. Many traders combine price action with one or two indicators for confirmation. (More on indicators below.) (TradingView)

4. Using indicators the right way

TradingView makes it easy to add indicators. Click Indicators, pick one, and it appears on the chart or in a pane below.

Quick rules:

  • Don’t clutter your chart with too many indicators. Use a small set that complement each other (e.g., a trend indicator + a momentum indicator). Overlapping similar indicators can give confusing or redundant signals. (Investopedia)

  • Common starter combo: Moving Average (trend) + RSI (momentum).

  • Customize settings to match your timeframe (e.g., a 14-period RSI on a daily chart vs. a 7-period RSI on a 15-minute chart).

TradingView also has many community scripts (user-made indicators) you can try from the public library. Explore but test before using in live trading. (TradingView)

5. Drawing tools — plan your trades visually

Use the left toolbar to draw:

  • Trendlines — connect highs/lows to see support and resistance.

  • Horizontal lines — mark key support/resistance or entry/exit prices.

  • Fibonacci retracement — helps estimate pullback levels.

  • Text and labels — note why you placed a line or where you’ll enter.

Drawing helps convert abstract chart patterns into a clear trading plan.

6. Alerts, snapshots and sharing

  • Alerts: Right-click a price level or use the alarm clock icon to create an alert (email or pop-up). Alerts save time and help you not watch the screen 24/7.

  • Snapshots / chart images: TradingView has a snapshot button to capture and share your chart image — useful for documenting ideas or sending to friends/telegram bots.

  • Publishing ideas: If you want feedback, publish your chart idea to the TradingView community. Read comments and refine.

7. Pine Script — make your own indicators (optional)

If you want custom indicators or automated strategies, TradingView offers Pine Script, its own scripting language. Open the Pine Editor at the bottom of the chart to write a script, test it, and add it to the chart. Pine is beginner friendly compared to other trading languages, but start with small scripts and read the official docs. (TradingView)

8. Practical one-page routine (what to do each day)

  1. Open your saved layout.

  2. Check the higher timeframe trend (Daily/Weekly). Mark trend direction.

  3. Move to your trading timeframe (e.g., 1H or 15m). Draw recent support/resistance.

  4. Add 1–2 indicators for confirmation (e.g., MA + RSI).

  5. Set alerts near planned entries and exits.

  6. When triggered, record the trade idea (reason, entry, stop, target). Keep a simple trade journal.

A short checklist keeps decision-making simple and reduces emotional mistakes.

9. Common beginner mistakes and how to avoid them

  • Too many indicators → simplify. Stick to a clear plan. (Investopedia)

  • Ignoring timeframes → always align short-term trades with the higher timeframe trend.

  • Not using stops → always plan a stop loss before entering.

  • Blindly copying scripts → test community indicators on historical data first.

10. Where to learn more

  • TradingView Help Center and Tutorials — official guides for features and indicators. (TradingView)

  • Pine Script manual — for custom coding. (TradingView)

  • Free tutorials and video walkthroughs (many creators explain step-by-step chart setups).

Final tips (short and practical)

  • Start with a free account to learn the layout. Upgrade later if you want multi-chart layouts, alerts, or extra indicators.

  • Keep one consistent chart setup for at least a month — you’ll learn faster than switching tools all the time.

  • Record trades and review weekly. Small improvements compound quickly.

Dharmendra Verma

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