TradingView: what is it and how does it work?

What is TradingView?

TradingView is a charting platform that can help you find trading opportunities through technical analysis, market research and networking.

Through its seamless integration with our own award-winning platform¹, you can trade with us directly from TradingView. You’ll have access to:

• Charts and screeners
• A supportive trading community

• Over 100 popular indicators
• More than 50 smart drawing tools

You’ll use your live contract for difference (CFD) trading account² with us to take positions on indices, forex and commodities from the TradingView platform. Through our CFD offering, you can choose from thousands of markets – without owning any of the assets outright.

How to use TradingView with us as your provider

You can link your TradingView account to your live CFD IG account and place trades directly from TradingView’s charts, simply and easily. How you do this will depend on whether you already have a live CFD account with us or not. Here are the steps to follow:

Choose or customise your indicators

TradingView has a user-friendly interface and an extensive range of analytical tools. You can choose and customise your preferred indicators.

Add an indicator

Here’s how to add an indicator onto a chart in TradingView:

• Click on the ‘indicators and strategies’ button at the top of the chart
• Browse through the list of available indicators or use the search bar
• Click on your preferred indicator
• To remove an indicator, click on it in the chart legend and select ‘remove’

You can add multiple indicators to a single chart and you can arrange them by dragging the indicator name in the chart legend.

For easy access to certain indicators, you can add them to your favourites by marking them with a star in the indicator list.

Customise an indicator

Here’s how you can customise your indicators in TradingView:

• Right-click on the indicator on your chart or in the indicator list below the chart
• Select ‘settings’ from the context menu
• Modify based on your preferences, eg colour and line thickness

After customising an indicator, you can save it as a template for future use. You’ll do this by clicking on the indicator name in the chart legend and selecting ‘save as template’. You can also give it a name.

For advanced customisation, you can use TradingView's Pine Script language by clicking on ‘pine editor’ at the bottom of the screen. Then you’ll be able to write or modify code to create custom indicators.

Key tips on using TradingView

Here are some key tips that can be useful when trading with us via TradingView:

• Only live CFD accounts² have access to TradingView.
• Any trade placed from the deal ticket, or from one-click dealing, will be a force open order, not a net off order. To close a trade, you can click on the ‘X’ button in the position window or from the chart
• All funding-related activities, like making deposits and withdrawals, will be done on our platform, not on TradingView
• TradingView is available in most major languages. So, you can view the platform in your preferred language. To change the platform language, go to your TradingView profile and select ‘language’
• Time zones won't be automatically set according to your region. You must set your time zone using chart settings

• You can access useful info in TradingView’s Help Center

Advantages and disadvantages of using TradingView

Some advantages of using TradingView are:

• Charting: advanced charting capabilities with customisable technical indicators and drawing tools
• Screeners: tools to filter and find trading opportunities based on specific criteria
• Market data: real-time data (based on subscription plan) for a wide variety of assets, including shares, forex and commodities
• Social networking: you can share trading ideas, strategies and charts, and learn from others
• Alerts: customisable notifications for price movements and other market events
• Cross-platform compatibility: accessible via web browsers, smartphones and tablets

Some disadvantages of using TradingView are:

• Not all markets are available: you won’t be able to use TradingView to manage positions on markets that aren’t available on the platform
• Cost for advanced features: a monthly or annual fee applies to the packages with more advanced features
• Limited historical data: the basic plan account has restricted access to historical data
• Limited customisation: some advanced customisation capabilities are only available in the paid plans
• Delayed data for some exchanges: real-time data isn't available for all the markets on the platform without a paid subscription
• Advertising: the basic package comes with ads, which can be distracting

FAQs

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