TradingView
✅ Pros of TradingView
1. Excellent Charting Tools
o Super clean UI, smooth and responsive.
o Tons of indicators (built-in + community-made).
o Drawing tools are intuitive and customizable.
2. Scriptability with Pine Script
o You can build your own indicators or strategies.
o Lots of community scripts to try out or modify.
3. Web-Based + Mobile App
o Accessible on any device with a browser.
o Mobile app is solid and syncs well with the desktop/web version.
4. Community & Social Features
o Idea sharing, streams, and educational content.
o Good place to see what others are watching or analyzing.
5. Multi-Asset Support
o Covers stocks, crypto, forex, commodities, indices, etc.
o Real-time data available for many assets (some delayed depending on exchange).
6. Alerts System
o Powerful and flexible.
o Price, indicators, custom scripts — all alertable.
❌ Cons of TradingView
1. Real-Time Data Limitations
o Some exchanges (e.g., NASDAQ, NYSE) require a paid add-on for true real-time data.
2. Order Execution (Limited)
o You can connect to a few brokers (like TradeStation, Interactive Brokers, etc.), but execution isn’t its strong suit compared to platforms like NinjaTrader or ThinkorSwim.
3. Paid Features
o Free plan is good for casual use, but serious traders usually go Pro+ or Premium.
o Backtesting capabilities are basic unless enhanced via scripting.
4. Not Ideal for Options Trading
o Limited tools for options chains, Greeks, etc.
