2.1 Why TradingView?
Before we dive into setup, let's remind ourselves why TradingView is perfect for learning:
- Free to use — No credit card required, no trial expiration
- Works in your browser — No heavy software downloads
- Works for Forex AND Crypto — Switch between markets instantly
- Clean, modern interface — Easy to learn, even as a beginner
- Available on mobile — Check charts anytime, anywhere
- Huge community — Millions of traders share ideas and education
TradingView works well even on slower internet connections. You can access it from any device—laptop, tablet, or smartphone. And because it's web-based, you don't need a powerful computer.
The Free Plan is Perfect for Beginners
You might see ads for paid plans (Pro, Pro+, Premium), but you don't need them yet.
The free plan gives you everything you need to learn:
- Real-time data for most Forex and Crypto markets
- 2 indicators per chart (forces you to keep things simple—a good thing!)
- Drawing tools (trendlines, horizontal lines, etc.)
- 1 saved chart layout
Once you're consistently profitable, you can consider upgrading. But for now, free is perfect.
2.2 Creating Your Free Account
Let's set up your account together. Grab your phone or laptop and follow along.
Go to TradingView.com
Open your web browser (Chrome, Firefox, Safari, Edge—any works).
Type: www.tradingview.com
You'll land on the TradingView homepage.
Click "Get Started" or "Sign Up"
Look at the top right corner—you'll see a button that says "Get Started" (desktop) or "Sign Up" (mobile).
Click that button.
Choose Your Sign-Up Method
Option A: Sign Up with Google (Recommended)
If you have Gmail, this is fastest. Click "Continue with Google," select your account—done!
Other Options:
- Facebook: Click "Continue with Facebook"
- Apple: Click "Continue with Apple"
- Email: Enter email, create username/password, verify via email
Complete Your Profile (Optional)
TradingView might ask:
- "What brings you to TradingView?" → Select "Trading" or "Learning"
- "What markets?" → Select "Forex" and "Crypto"
- "Experience level?" → Select "Beginner"
You can skip these if you want—they're just for personalization.
You're In!
Congratulations! You now have a free TradingView account. 🎉
Open the Chart
At the top of the page, look for the navigation menu. Find "Chart" (sometimes under "Products" → "Chart").
Click it.
You're now on the TradingView charting platform. This is where all the magic happens.
2.3 Understanding the Free Plan Limits
Before customizing your chart, let's understand what the free plan allows:
Free Plan Features:
- Real-time data for most Forex pairs and Crypto markets
- 2 indicators per chart (this is the main limitation)
- 1 saved chart layout
- Unlimited drawing tools (trendlines, support/resistance lines)
- Basic alerts (price alerts)
- Access on desktop and mobile
Here's the truth: The 2-indicator limit is actually a GOOD thing for beginners.
Why? Because it forces you to keep things simple. Professional traders use 2-4 indicators maximum. Beginners who load 10 indicators get confused and paralyzed.
Your game plan:
- Indicator Slot 1: Use a Trend Indicator (like Moving Average)
- Indicator Slot 2: Use a Momentum Indicator (like RSI or MACD)
This combination gives you direction (trend) and strength (momentum). Plus, Volume doesn't count toward your limit!
2.4 Understanding the Interface
When you first open TradingView, it can feel overwhelming. Let's break down the main areas:
Feeling overwhelmed? That's normal. You don't need to memorize everything right now. As you practice, the interface will become second nature.
2.5 Setting Up Your First Chart
Now comes the fun part: customizing your chart. Let's do this step by step.
Change the Market Symbol
For Forex: Click symbol search box → Type EURUSD → Select "EURUSD OANDA" (or FXCM, FOREX.COM)
For Crypto: Click symbol search box → Type BTCUSDT → Select "BTCUSDT BINANCE"
Pro tip: Most Forex pairs are XXX/USD. Most Crypto pairs are XXX/USDT (Tether = stablecoin pegged to USD).
Choose Your Timeframe
For Forex traders: Click 4H (4-Hour). Great balance—not too fast, not too slow.
For Crypto traders: Click 1H (1-Hour) or 1D (Daily). Crypto moves faster, so 1H is popular.
Make Sure You're Viewing Candlesticks
Look at the chart type button near the top (looks like bars or candles).
Click it and select "Candles".
Green/white candles = bullish (closed higher). Red/black candles = bearish (closed lower).
Clean Up the Chart
Your chart might have extra panels at the bottom (Volume, Economic Calendar, News Feed).
To keep things clean: Look for small "X" icons in corner of each panel and close them.
Don't worry—you can add them back anytime.
Adjust Theme (Optional)
Click the gear icon (Settings) → Select "Appearance" or "Theme"
Dark Theme: Easier on eyes during long sessions
Light Theme: Clearer for daytime study or screenshots
Recommendation: Stick with default candle colors—green for up, red for down.
Save Your Layout
Look at bottom right—find the cloud icon or "Layouts" button.
Click it → Select "Save As…"
Name it something clear: "Forex 4H Clean" or "Crypto 1H Setup"
Click "Save"
Congratulations! Your layout is now saved. 🎉
2.6 How to Add Indicators
Now the exciting part: adding indicators. Remember, you can add 2 indicators per chart on the free plan.
Click the "Indicators" Button
At the top of your chart, look for "Indicators" or the "fx" icon. Click it.
A large panel will slide in showing thousands of indicators.
Add Your First Indicator: Moving Average
At the top of the indicators panel, type: "Moving Average"
Click the first result: "Moving Average" (by TradingView)
A line will appear on your chart—this is your moving average!
Add Your Second Indicator: RSI
Click "Indicators" button again
Type: "RSI"
Click "Relative Strength Index" (first result)
A new panel appears below your chart showing RSI (line moving between 0-100 with lines at 30 and 70)
You've Hit Your 2-Indicator Limit
You now have:
- Indicator 1: Moving Average (on main chart)
- Indicator 2: RSI (in panel below)
If you try adding a third, TradingView will show: "You've reached the indicator limit."
That's normal. 2 indicators are enough!
2.7 Customizing Indicator Settings
Let's customize the Moving Average to match what we teach in this course.
Customizing the Moving Average
Open Settings Panel
Look at top left of chart—you'll see "MA 9" (or "SMA 9")
Click the small gear icon next to it, OR right-click the MA line → Select "Settings"
Change Period to 50
In settings panel, find "Length" or "Period" field
Change from 9 to 50
Why 50? The 50-period MA is popular for identifying medium-term trends—not too fast, not too slow.
Set to SMA (Simple Moving Average)
Look for "Type" or "Method" dropdown
Make sure it's set to SMA (not EMA or anything else)
Change the Color
Find the color box and choose a color that stands out:
- Bright yellow: Easy to see on dark backgrounds
- White: Clean and professional
- Cyan/light blue: Clear but not harsh
Avoid colors that blend with candles (like red or green).
Adjust Line Thickness (Optional)
Look for "Width" or "Thickness" setting
Change from 1 to 2 or 3 so it's easier to see
Don't go too thick (5-6)—it can cover your candlesticks.
Click "OK" or "Apply"
Settings panel closes and your MA updates with new settings
You now have a 50-period SMA in your chosen color! 🎉
Customizing the RSI
Look at the RSI panel—you'll see "RSI 14" at the top left. Click the gear icon to open settings.
Keep Period at 14: This is the standard setting used by most traders. No need to change.
Customize colors (optional): Change line to white, yellow, or cyan if easier to read. The default overbought (70)/oversold (30) zones are usually fine.
Click "OK" when done.
2.8 Managing Your Indicators
How to Toggle Indicators On/Off
Sometimes you want to focus on price action alone, without indicators cluttering your view.
To hide an indicator: Look at indicator labels (like "MA 50"). Next to each is a small eye icon 👁️. Click it—indicator disappears (but isn't deleted).
To show it again: Click the eye icon again.
How to Remove and Replace Indicators
What if you want to swap RSI for MACD?
Remove Current Indicator
Look at indicator label (like "RSI 14")
Click the small "X" icon next to it, OR right-click → "Remove"
Add New Indicator
Now you have an open slot. Click "Indicators" → Search "MACD" → Add it
Customize and Save
Adjust settings if needed, then save layout again
You can test different indicators without upgrading to paid plan. Just swap them in and out as needed!
Practice Tasks (Complete These!)
- Go to TradingView.com and create your free account
- Open the Chart
- Change symbol to BTCUSDT (Bitcoin)
- Set timeframe to 1D (Daily)
- Make sure chart type is Candles
- Clean up extra panels (close news, calendar, etc.)
- Save layout as "Crypto Daily Clean"
- On your BTCUSDT chart, click "Indicators"
- Search "Moving Average" and add it
- Customize: Change period to 50, set to SMA, choose bright color, thickness 2
- Click "OK"
- Observation: Is Bitcoin price mostly above or below the 50 MA?
- Click "Indicators" again
- Search "RSI" and add it
- Panel appears below chart showing RSI line
- Keep period at 14, customize colors if desired
- Observation: Is RSI currently above or below 50?
- Click cloud/layouts button (bottom right)
- Select "Save As…"
- Name it: "Beginner Trend + RSI"
- Click "Save"
- Click symbol search box
- Type EURUSD and select it (OANDA or any broker)
- Your indicators stay on chart
- Change timeframe to 4H
- Observation: Is EURUSD in uptrend or downtrend? (Price above or below 50 MA?)
- Click eye icon next to "MA 50" to hide it
- Look at chart with just price and RSI
- Click eye icon again to show MA
- Now hide RSI, then show it again
Common Questions
You've successfully created your TradingView account, learned the interface, set up a clean chart, added your first indicators, and saved your layout!
This is a HUGE milestone. Many beginners never get past this step—they get overwhelmed and give up. But you didn't. You pushed through!