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TradingView Pro vs Free: The Ultimate Comparison

    Quick Facts

    • Backtesting: TradingView Pro allows backtesting with 900+ indicators, while the free version is limited to 20.
    • Data Feed: Pro users get access to 50+ data feeds, while the free version is limited to 1.
    • Alerts: TradingView Pro allows custom alerts and notifications, while the free version is limited to generic stock quotes and candlestick pattern alerts.
    • Cloud Storage: Pro users get 1GB of cloud storage for saving custom indicators, etc., while the free version has no cloud storage.
    • RadarScreen: TradingView Pro includes RadarScreen for advanced chart analysis, while the free version does not.
    • PineScript: Pro users get access to proprietary PineScript for custom indicator building, while the free version is limited to using pre-built indicators.
    • Charting Capabilities: TradingView Pro offers advanced charting capabilities, such as heatmaps, waterfalls, and more, while the free version is limited to basic charting.
    • Indicator Library: Pro users get access to a massive indicator library, while the free version has a limited selection.
    • Multi-Asset Support: TradingView Pro supports trading multiple assets on a single chart, while the free version is limited to only one asset per chart.
    • WebHooks: Pro users get access to WebHooks for automated trading and backtesting, while the free version does not.

    TradingView Pro vs Free Comparison: Unlocking the Full Potential of Trading

    TradingView is a powerful platform for traders, offering a range of tools and features to help you analyze and trade the markets. With both free and paid options available, it’s essential to understand the differences between TradingView Pro and the free version. In this article, we’ll delve into the key features and benefits of each, helping you decide which one is right for you.

    When it comes to TradingView, the free version is an excellent starting point for new traders. It offers a wide range of features, including access to real-time data, charts, and analysis tools. However, as you become more experienced and your trading strategy evolves, you may find that the free version has limitations. This is where TradingView Pro comes in, offering additional features and benefits that can take your trading to the next level.

    Key Features of TradingView Pro

    The following are some of the key features that set TradingView Pro apart from the free version:

    • More indicators and analysis tools
    • Ability to remove ads from charts and interface
    • Increased data feed speed
    • More alerts and notifications
    • Priority customer support

    Comparison of TradingView Pro and Free

    Feature TradingView Free TradingView Pro
    Real-time data Yes Yes
    Charts and analysis tools Yes Yes
    Indicators and analysis tools Limited More
    Ad-free interface No Yes
    Data feed speed Standard Increased
    Alerts and notifications Limited More
    Customer support Standard Priority

    Real-Life Example

    Let’s consider an example of how TradingView Pro can benefit a trader. Suppose you’re a day trader, relying on real-time data and analysis tools to make quick decisions. With TradingView Pro, you can access more indicators and analysis tools, giving you a more comprehensive view of the markets. Additionally, the ad-free interface and increased data feed speed can help you stay focused and react faster to changing market conditions.

    Benefits of TradingView Pro

    The following are some of the benefits of using TradingView Pro:

    1. Improved user experience: With an ad-free interface and increased data feed speed, you can stay focused and react faster to changing market conditions.
    2. More indicators and analysis tools: Access to more indicators and analysis tools gives you a more comprehensive view of the markets.
    3. Priority customer support: With priority customer support, you can get help when you need it, reducing downtime and improving your overall trading experience.
    4. More alerts and notifications: With more alerts and notifications, you can stay on top of market movements and make informed decisions.

    Cost and Value

    While TradingView Pro offers a range of additional features and benefits, it’s essential to consider the cost. Currently, TradingView Pro costs $14.95 per month, with discounts available for annual and bi-annual subscriptions. When considering the cost, it’s crucial to weigh the value against your trading goals and strategy.

    Plan Cost Features
    TradingView Free $0 Limited indicators and analysis tools, standard data feed speed, limited alerts and notifications
    TradingView Pro $14.95/month More indicators and analysis tools, ad-free interface, increased data feed speed, more alerts and notifications

    Frequently Asked Questions:

    TradingView Pro vs Free Comparison FAQ

    Q: What is TradingView Pro and why do I need it?

    A: TradingView Pro is a paid version of the popular trading platform, providing additional features and tools that help traders with their analysis, charting, and community engagement. It’s suitable for serious traders looking to take their trading game to the next level.

    Q: What are the differences between TradingView Pro and the free version?

    A: Here are the main differences:

    • Charting: Pro provides more advanced charting features, including 3D charts, time-travel charts, and more.
    • Trend Following Tools: Pro offers advanced trend following tools, including manual trend following and advanced technical indicators.
    • Community Features: Pro allows you to create and participate in pro-only communities, with access to exclusive content, discussions, and analysis.
    • Chart Pattern Recognition: Pro uses advanced chart pattern recognition, which helps identify potential trades and alerts you to price action.
    • Alerts: Pro allows you to set custom alerts for specific market alerts, including Greeks, news events, and technical indicators.
    • Cloud: Pro has a private cloud where you can organize your data, charts, and analysis.
    • Private Messages: Pro allows private messages with other users and trading communities.
    • Priority Support: Pro users get priority support, with response times 2x faster than free support.

    Q: Can I still trade with the free version?

    A: Yes, but the free version has some limitations.

    • Charting: Although you can watch the free version of charts, you’re limited to public charts.
    • Trend Following Tools: You can use trend following tools, but you’re limited to those that are available in the free version.
    • Community Features: You can still join and participate in the community, but you’re limited to pro-only discussions.

    Q: Is TradingView Pro worth the investment?

    A: It depends on your trading style and goals. If you’re a serious trader looking to elevate your analysis, trend following, and community engagement, Pro is worth the investment.

    Q: Can I get a refund if I decide to switch to the free version?

    A: Yes, you can request a full refund within 14 days of subscription start date. However, please note that all activity and usage during this 14-day period will be reverted.

    Q: Who is TradingView Pro for?

    A: TradingView Pro is suitable for:

    • Serious traders with complex trading strategies
    • Beginner traders who need advanced analysis tools and community features
    • Forex traders and CFD traders who require advanced charting and trend following
    • Day traders and swing traders who need to analyze and optimize their trading strategy

    Q: Can I cancel my subscription before it’s up for renewal?

    A: Yes, you can cancel your subscription before it’s up for renewal. To cancel, go to the account settings page, select “Cancel Subscription,” and confirm.

    Q: Is TradingView Pro available on mobile?

    A: Yes, TradingView Pro is available on mobile devices. Go to the TradingView mobile app store (for iOS) or Android store (for Android) and browse the app store.