TradingView Alternatives & Competitors

Overview of TradingView Alternatives

Trading View is a popular stock market software that allows traders to paper trade any of their assets including futures, cryptocurrencies, stocks, and others. It enables you to monitor and keep track of various stock prices in real time from anywhere, anytime using any device.

This charting & analysis platform is specially built for investors and traders worldwide to figure out opportunities across global markets. It also offers a social network to all traders/investors around the globe to connect, discuss, and share trading ideas.

The platform's social community allows users to share ideas, insights, and strategies, fostering a collaborative environment for investors to learn from others’ experiences and stay informed about market trends.

Some of the key features of this software are financial charts, technical indicators, stock screeners, signal finders, simulated trading, and others. However, people are still looking for TradingView’s alternatives due to certain problems that they have encountered while using it. For instance, no offline usage, unavailability of basic features, non-syncing of charts, and more.

Why are People Looking for an Alternative for TradingView?

There are several reasons why businesses are looking for the best TradingView alternative:

• No Offline Usage: It is impossible to use TradingView without the internet as it is a web-based solution. Therefore, users are looking for other alternatives to TradingView where they can use the platform even offline.
• Payment for Basic Features: One has to purchase TradingView’s Pro subscription to access the basic feature like a screen with multi-chart. It is not viable for a beginner to pay for this kind of basic but important functionality.
• Chart Syncing Issues: Most of the time the drawings (price trendlines) made on the chart don’t get saved. You could also lose your data/drawings if you close your browser quickly.

Must-Have Features in Any Software Similar to TradingView

If you are looking for a TradingView alternative, then you must look for some important features, like:

• Advanced Charts: Just like TradingView, its alternatives should also allow its users to choose from different chart types like Renko, Heikin Ashi, candlesticks, Kagi, and more. Apart from that, it must provide multiple themes and time frames to make it simpler to understand the patterns of price movements.
• Technical Indicators: TradingView’s alternatives should offer hundreds of integrated technical indicators like Bollinger Bands, Moving Averages, RSI, MACD, candlestick patterns, etc. to help traders understand trends and market conditions.
• Drawing Tools: TradingView like sites must offer a vast collection of important drawing tools including Fibonacci retracements, trend lines, resistance/support levels, etc. This will enable users to perform in-depth technical analysis.
• Trading Alerts: Opt for TradingView similar apps that allows users to set customizable alerts regarding technical indicators, price levels, specific events, etc. to ensure that users stay informed regarding market movements & trends. These alerts/notifications should be delivered through audio signals, visual popups, email alerts, SMS alerts, etc.
• Market Data: Stock Market software like TradingView offers extensive coverage of market data based on commodities, forex (foreign exchange), stocks, and more.
• Financial Analysis: Websites similar to TradingView should also include fundamental tools like financial statements, historical data, valuation ratios, etc. to assist traders do fundamental analysis.
• Pine Script: TradingView like app should be based on Pine ScriptTM programming language to ensure users are able to develop their own strategies, indicators, and alerts by using it.

What to Consider When Looking for an Alternative to TradingView?

One must keep certain factors in mind while choosing any software like TradingView:

• Apps like TradingView should offer you different types of customizable charts including Point & Figure, Kagi, Renko, etc.
• TradingView similar sites must provide pre-built studies, drawing tools, etc. for detailed market analysis covering well-known trading concepts.
• Any preferred stock market solution should offer financial statements, historical data, fundamental ratios, etc. to help you perform financial analysis.
• TradingView competitors must let you send webhook/push notifications as well as alerts for price deviations, strategies, pine scripts, indicators, etc.
• TradingView substitute that you are considering should provide a detailed view of the world stocks and crypto.
• Software like TradingView must enable you to connect with experienced traders from different parts of the world that help guide you with trading.
• Other websites like TradingView should enable you to live-stream your trading or even share the analysis in the form of a video.
• The best alternative to TradingView would enable you to compare different time frames and assets by using multi-chart layouts.

Comparison of Best TradingView Alternatives

Here is a comparison of TradingView competitors in terms of forex, futures, real-time news, cryptocurrency, screeners, social community, automated analysis, and more.

What Type of Businesses are Looking for an Alternative of TradingView?

Drawbacks like non-syncing of charts, and no offline usage are a few reasons why people are looking for an alternative to TradingView. Some of them include:

• Beginners: From amateurs to experienced experts, TradingView serves traders of different experience levels. Beginners can learn from the educational materials available and the community of seasoned traders.
• Forex traders: Forex (Foreign exchange) traders can research currency pairs to keep up with economic news that affects exchange rates.
• Stock Traders: Stock traders have access to earnings information, quotes in real-time, and other crucial data to assist them in making wise selections.
• Commodity traders: Using powerful charting tools, commodity traders would be able to track the cost of a variety of commodities, including agricultural items, gold, and oil, and identify possible trading ideas.
• Investors: Earnings data, economic indicators, and financial ratios are examples of fundamental analysis that help in the decision-making process for investors depending on the performance of a firm and the state of the market.