Do not invest more money than you can afford to lose.
TradingView, an online charting tool and a trading platform in one, has expanded its charting library with the addition of a number of new indicators and has reduced its size by 10%, it said last week.
Despite expanding its offering, TradingView has reduced its charting library by 200 KB, making it faster and easier to load. The platform has added 11 new popular indicators. Following is a list with the new additions:
- Average Directional Index
- Chop Zone
- Detrended Price Oscillator
- Fisher Transform
- Historical Volatility
- McGinley Dynamic
- Price Volume Trend
- Rate Of Change
- Ultimate Oscillator
- Smoothed Moving Average
- Vortex Indicator
TradingView’s charting library has underwent a couple functional upgrades. Users can now customize the display of the navigation button (hide, show, or floating), and to set the date to various formats.
In addition, several bugs have been fixed and additional minor changes have been made to the platform. Main windows are more responsive, making the platform more comfortable to use on mobile devices. Traders can now use more filters for orders, place order based on pips and now you auto calculate risks from the trading terminal.
Following are some of the new features that traders can use on the TradingView platform:
- Ability to draw circles with the Ellipse tool
- Drawing in the future with API methods
- Get a list of drawing tools created through the API
- New API methods for performing:
- Requesting saved charts
- Saving chart to server
- Deleting chart from server
- Receiving selected instrument
- Choosing selected instrument
- Getting a list of intervals
- New events for tracking indicators, drawing tools and chart type changes
- New event for tracking changes on a specific chart instrument
- New method for receiving main status for chart options
TradingView is a web-based platform that uses HTML5 charts and work on all browsers and operating systems. It provides free access to data about a wide range of trading instruments, among which forex, Bitcoin, stocks, futures, all major indices, and contracts for difference (CFDs). The platform features customizable charts, basic and advanced ones alike, as well as more than 50 drawing tools that can be used for understanding and analyzing the financial markets.
In May 2016, the platform started offering live trading in forex and contracts for difference (CFDs), with Forex Capital Markets, or FXCM, as the first supported broker. Recently, the platform also added trading in stocks to its offering via US equities broker DriveWealth. TradingView also launched beta testing trading through Canada-based forex broker Oanda.