How to use Trading View
Preface:
Whether or not Technical Analysis (TA) is effective at predicting markets is up for debate. Many individuals think that there is no meaningful analysis behind TA or Indicators, but I personally disagree. This intro is not meant to be a full debate of the pros and cons of TA; rather, that I think TA is a tool and it should be used accordingly. There is no ârightâ or âwrongâ way to analyze patterns, there are infinite possibilities and itâs impossible to get every bet right. However, TA can show when the market is overextended or underextended, especially when used in combination with FA, to help you make decisions and manage risk. In order to actually take advantage of combining TA and FA, itâs important to have a baseline understanding of how to do TA, and how Trading View functions. With that out of the way, letâs dive in.
Note: if this is your first time using Trading View, then go ahead and read from step 1, if you are familiar with the basic functionality of trading view, you can skip to section \_\_\_.