What You'll Learn in This Section:

  • How to create a free TradingView account (step-by-step walkthrough)
  • Understanding the TradingView Basic (Free) plan limits and how to work within them
  • Navigating the TradingView interface: symbols, timeframes, chart types, and menus
  • How to add indicators to your chart (and manage the 2-indicator limit)
  • How to customize indicator settings (colors, line thickness, parameters)
  • How to save and load chart layouts for quick access
  • How to toggle indicators on/off to check different combinations
  • Best practices for keeping your charts clean, organized, and professional

2.1 Why TradingView? (A Quick Reminder)

Before we dive into setup, let's remind ourselves why TradingView is the perfect platform for learning to trade:

  • Free to use — No credit card required, no trial period that expires
  • Works in your browser — No need to download heavy software (though apps are available)
  • Works for Forex AND Crypto — Switch between markets instantly
  • Clean, modern interface — Easy to learn, even if you've never used charting software before
  • Available on mobile — Check charts on your phone anytime, anywhere
  • Huge community — Millions of traders share ideas, scripts, and educational content
Para sa Filipino Traders

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 (which forces you to keep things simple—a good thing!)
  • Drawing tools (trendlines, horizontal lines, etc.)
  • 1 saved chart layout

Once you're consistently profitable and ready to level up, you can consider upgrading. But for now, free is perfect.

2.2 Creating Your Free TradingView Account

Let's set up your account together. Grab your phone or laptop and follow along.

Step 1: Go to TradingView.com

Open your web browser (Chrome, Firefox, Safari, Edge—any browser works).

In the address bar, type: www.tradingview.com

Press Enter. You'll land on the TradingView homepage.

Step 2: Click "Get Started" or "Sign Up"

Look at the top right corner of the page. You'll see a button that says:

  • "Get Started" (on desktop)
  • "Sign Up" (on mobile or some layouts)

Click that button.

Step 3: Choose Your Sign-Up Method

TradingView will ask you how you want to create your account. You have several options:

Option A: Sign Up with Google (Recommended)

If you have a Gmail account, this is the fastest and easiest way.

  • Click the "Continue with Google" button
  • Select your Gmail account
  • TradingView will automatically create your account

Pros: One-click setup, no need to remember another password, your account syncs across devices easily

Option B: Sign Up with Facebook

Click "Continue with Facebook" and log in with your Facebook credentials.

Option C: Sign Up with Apple

If you're using an iPhone or Mac, click "Continue with Apple" and authenticate with your Apple ID.

Option D: Sign Up with Email

  • Click "Sign up with email"
  • Enter your email address
  • Create a username (pick something simple, like "JuanTrader" or your first name)
  • Create a strong password (mix of letters, numbers, and symbols)
  • Click "Create account"
  • TradingView will send a verification email. Open it and click the confirmation link

Step 4: Complete Your Profile (Optional)

After signing up, TradingView might ask you a few questions:

  • "What brings you to TradingView?" → Select "Trading" or "Learning to trade"
  • "What markets are you interested in?" → Select "Forex" and "Crypto"
  • "What's your experience level?" → Select "Beginner"

You can skip these questions if you want—they're just to personalize your experience.

Step 5: You're In!

Congratulations! You now have a free TradingView account. 🎉

You'll be taken to the TradingView homepage or dashboard.

Step 6: Open the Chart

At the very top of the page, you'll see a navigation menu with options like: Products, Community, Markets, News.

Look for the "Chart" button (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 TradingView Basic (Free) Plan Limits

Before we start customizing your chart, let's understand what the free plan allows—and how to work smart within those limits.

Free Plan Features:

  • Real-time data for most Forex pairs and Crypto markets (some stock exchanges may have delays)
  • 2 indicators per chart (this is the main limitation)
  • 1 saved chart layout (you can only save one custom setup)
  • Unlimited drawing tools (trendlines, support/resistance lines, etc.)
  • Basic alerts (you can set price alerts)
  • Access on desktop and mobile
The 2-Indicator Limit: Your Best Friend

Here's the truth: The 2-indicator limit is actually a GOOD thing for beginners.

Why? Because it forces you to keep things simple.

Remember what we said in Section 1: professional traders use 2-4 indicators maximum. Beginners who load 10 indicators on their chart get confused and paralyzed.

Your Game Plan:

📌 Indicator Slot 1: Use a Trend Indicator (like a Moving Average)
📌 Indicator Slot 2: Use a Momentum Indicator (like RSI or MACD)

That's it. This combination gives you:

  • Direction (from the trend indicator)
  • Strength (from the momentum indicator)

And you still have room for Volume if needed (Volume is not counted as an indicator in TradingView—it's a separate panel you can toggle on/off).

What if you want to try different indicators?

No problem. You can remove an indicator and add a different one anytime. We'll show you how to do this later in this section.

What if you want more than 2 indicators?

Later, when you're more experienced and profitable, you can upgrade to:

  • Pro Plan ($14.95/month) — 5 indicators per chart
  • Pro+ Plan ($29.95/month) — 10 indicators per chart

But honestly, if you need more than 2 indicators, you're probably overcomplicating things. Keep it simple.

2.4 Understanding the TradingView Interface

When you first open the TradingView chart, it can feel overwhelming. There are buttons, menus, and panels everywhere.

Don't worry—we'll break it down piece by piece.

Let's look at the main areas of the interface:

A. The Chart (Center) — Where Price Lives

This is the heart of TradingView. It's the big area in the center of your screen showing price movements.

By default, you'll probably see:

  • A stock chart (like Apple "AAPL" or Google "GOOGL")
  • Candlesticks or bars showing price over time

This is your workspace. Everything else is just a tool to help you analyze this chart.

B. The Top Toolbar — Your Command Center

Across the very top of the screen, you'll see several important elements:

1. Symbol Search Box (Left Side)

This is where you select which market you want to view. It looks like a search bar and shows the current symbol (like "AAPL" or "BTCUSD").

How to use it: Click the search box and type:

  • EURUSD (for Euro vs US Dollar in Forex)
  • BTCUSDT (for Bitcoin vs Tether in Crypto)
  • USDJPY (for US Dollar vs Japanese Yen in Forex)

TradingView will show you a list of matching symbols from different exchanges or brokers. Select the one you want.

2. Timeframe Buttons

Right next to the symbol box, you'll see buttons like: 1m | 5m | 15m | 1H | 4H | 1D | 1W | 1M

These control the timeframe of each candlestick:

  • 1m = Each candle represents 1 minute
  • 5m = Each candle represents 5 minutes
  • 1H = Each candle represents 1 hour
  • 4H = Each candle represents 4 hours
  • 1D = Each candle represents 1 day
  • 1W = Each candle represents 1 week
  • 1M = Each candle represents 1 month
Recommended Timeframes for Learning

For Forex: 1H (1-Hour) or 4H (4-Hour)

For Crypto: 1H or 1D (Daily)

These timeframes are not too fast (where you get overwhelmed) and not too slow (where nothing happens). They're just right for beginners.

3. Chart Type Button

This button lets you change how price is displayed. Look for a small icon that looks like bars, candles, or a line.

Click it and you'll see options: Bars, Candles, Line, Heikin Ashi, and more exotic types.

Always use "Candles" for this course. That's what we taught you in Chapter 2.

4. Indicators Button

This is the most important button for this chapter.

It looks like a small "fx" icon or says "Indicators." Click it and a panel will open showing thousands of indicators you can add to your chart.

We'll dive deep into this button in section 2.6.

5. Drawing Tools Toolbar

On the left side of the top toolbar, you'll see icons for: Trendline (a diagonal line tool), Horizontal Line (for marking support/resistance), Rectangle (for highlighting zones), and many more.

You learned about these in Chapter 2. We won't focus on them in this chapter, but they're there when you need them.

6. Settings and Layout Buttons (Right Side)

On the far right of the top toolbar, you'll see:

  • A cloud icon or "Layouts" — for saving your chart setup
  • A gear icon — for chart settings (background color, candle colors, etc.)
  • A camera icon — for taking screenshots

We'll use the cloud/layouts button to save your work later.

C. The Left Sidebar — Your Watchlist

On the left side of the screen, you'll see a panel called "Watchlist" or "Symbol Lists." This is where you can save your favorite markets for quick access.

How to use it:

  • Click the "+" button at the top of the watchlist
  • Search for a symbol (like "EURUSD" or "BTCUSDT")
  • Click it to add it to your list

Now, whenever you want to view that market, just click it in your watchlist—no need to search again.

Pro Tip: Create Separate Lists
  • Forex Majors: EURUSD, GBPUSD, USDJPY, etc.
  • Crypto Top 10: BTCUSDT, ETHUSDT, BNBUSDT, etc.

This keeps you organized.

D. The Right Sidebar — News and Ideas (Optional)

On the right side, you might see panels showing:

  • News (recent headlines about the market you're viewing)
  • Ideas (posts from other traders analyzing this market)

For beginners, this can be distracting. We recommend closing the right sidebar to keep your chart clean.

To close it: Look for a small "X" or arrow icon on the top right of the sidebar and click it. The sidebar will collapse, giving you more space for your chart.

E. The Bottom Panel — Indicator Area

Some indicators (like RSI, MACD, Volume) appear in a separate panel below your main chart.

By default, this panel might not be visible. It will appear automatically when you add an indicator that needs it.

Don't worry about it for now—we'll see it in action when we add RSI or MACD.

Quick Interface Summary

Area
What It Does
Chart (center)
Shows price movements (candlesticks)
Symbol search (top left)
Choose which market to view
Timeframe buttons
Choose how much time each candle represents
Indicators button ("fx")
Add indicators to your chart
Left sidebar (Watchlist)
Save favorite markets for quick access
Right sidebar (News/Ideas)
Extra info—you can close this
Bottom panel
Where some indicators (RSI, MACD) appear

Feeling overwhelmed? That's normal. You don't need to memorize everything right now. As you practice, the interface will become second nature. Let's move on to actually using it.

2.5 Setting Up Your First Chart: Forex or Crypto

Now comes the fun part: customizing your chart to analyze the markets you care about.

Let's do this together, step by step.

Step 1: Change the Market Symbol

By default, TradingView probably opened with a stock chart (like Apple or Google). We want to look at Forex or Crypto.

For Forex:

  • Click the symbol search box at the top left
  • Type: EURUSD (Euro vs US Dollar)
  • TradingView will show you a list of matches. You'll see entries like:
    • EURUSD from OANDA
    • EURUSD from FXCM
    • EURUSD from FOREX.COM
  • These are different brokers providing the same currency pair data. The price is almost identical—pick any one. OANDA is popular and reliable
  • Click "EURUSD OANDA" (or any broker you prefer)
  • Your chart now shows the Euro vs US Dollar price movements

For Crypto:

  • Click the symbol search box at the top left
  • Type: BTCUSDT (Bitcoin vs Tether)
  • You'll see matches like:
    • BTCUSDT from BINANCE
    • BTCUSDT from COINBASE
    • BTCUSDT from BYBIT
  • These are different crypto exchanges. Binance is the most popular and has the highest trading volume
  • Click "BTCUSDT BINANCE"
  • Your chart now shows Bitcoin price movements
Pro Tip
  • Most Forex pairs are shown as XXX/USD (like EURUSD, GBPUSD)
  • Most Crypto pairs are shown as XXX/USDT (like BTCUSDT, ETHUSDT). USDT stands for "Tether," a stablecoin pegged to the US Dollar

Step 2: Choose Your Timeframe

Now that you're viewing the right market, let's set the timeframe.

At the top of the chart, you'll see the timeframe buttons: 1m | 5m | 15m | 1H | 4H | 1D | 1W | 1M

For Forex traders:

Click "4H" (4-Hour). This means each candlestick represents 4 hours of price movement. It's a great timeframe for learning—not too fast, not too slow.

For Crypto traders:

Click "1H" (1-Hour) or "1D" (Daily). Crypto moves faster than Forex, so 1-hour charts are popular. Daily charts are good for seeing the bigger picture.

Your chart will update to show the selected timeframe.

Step 3: Make Sure You're Viewing Candlesticks

By default, TradingView usually shows candlesticks. But let's make sure.

Look at the chart type button near the top (it might look like bars or candles). Click it and select "Candles".

Your chart will now display candlesticks:

  • Green (or white) candles = Price closed higher than it opened (bullish)
  • Red (or black) candles = Price closed lower than it opened (bearish)

Perfect. This is exactly what you learned in Chapter 2.

Step 4: Clean Up the Chart (Remove Unnecessary Panels)

Your chart might have extra panels at the bottom—like:

  • Volume (we'll add this back later as needed)
  • Economic Calendar
  • News Feed

To keep things clean for now, close these panels:

  • Look at the bottom of the chart
  • If you see any extra panels, look for a small "X" icon in the corner of each panel
  • Click it to close the panel

Don't worry—you can add them back anytime.

Step 5: Adjust Background and Candle Colors (Optional)

TradingView has two main themes:

  • Dark Theme (black or dark blue background)
  • Light Theme (white background)

Which should you use?

It's personal preference:

  • Dark Theme is easier on your eyes during long trading sessions, especially at night
  • Light Theme can be clearer if you're studying during the day or taking screenshots

To change the theme:

  • Click the gear icon (Settings) at the top right
  • Look for "Appearance" or "Theme"
  • Select "Dark" or "Light"
  • The chart will update instantly

To change candle colors:

  • In the same settings menu, look for "Candles" or "Symbol"
  • You can customize:
    • Up Candle Color (default is green—you can change it to white, blue, etc.)
    • Down Candle Color (default is red—you can change it to black, orange, etc.)
Our Recommendation

Stick with the defaults—green for up, red for down. These are universally recognized and help you read charts faster.

Step 6: Save Your Layout

You've just customized your chart:

  • You picked a market (EURUSD or BTCUSDT)
  • You chose a timeframe (1H, 4H, or 1D)
  • You set it to display candlesticks
  • You cleaned up extra panels

Now save this layout so you don't have to do it again every time you open TradingView.

How to save:

  • Look at the bottom right of the chart
  • You'll see a small "cloud icon" or "Layouts" button
  • Click it
  • A menu will appear. Click "Save As…" or "Save Layout"
  • Give your layout a name. Examples:
    • "Forex 4H Clean"
    • "Crypto 1H Setup"
    • "Beginner EUR Chart"
  • Click "Save"

Congratulations! Your layout is now saved. 🎉

Note About the Free Plan

You can only save 1 chart layout on the free plan. If you create a second layout, it will overwrite the first.

But that's okay—you can always recreate layouts quickly once you know how.

2.6 How to Add Indicators to Your Chart

Now we get to the exciting part: adding indicators.

Remember: On the free plan, you can add 2 indicators per chart.

Let's add your first one together.

Step 1: Click the "Indicators" Button

At the top of your chart, look for the button that says "Indicators" or has an "fx" icon. Click it.

A large panel will slide in from the right side of the screen.

This is the Indicators Library—a massive collection of thousands of indicators, scripts, and strategies.

Don't panic. We're only going to use a few of them.

Step 2: Search for Your First Indicator — Moving Average

At the top of the indicators panel, you'll see a search box.

Type: "Moving Average"

As you type, TradingView will start showing matching results. You'll see entries like:

  • Moving Average (by TradingView)
  • Moving Average Exponential
  • Moving Average Weighted
  • And many custom versions created by users

For now, click the very first one: "Moving Average" (it should have a small TradingView logo next to it).

Step 3: The Indicator Appears on Your Chart

As soon as you click it, a line will appear on your chart. This is your moving average!

By default, it's usually set to:

  • 9 periods
  • Blue or purple color
  • Simple Moving Average (SMA)

We're going to customize it in the next section.

Step 4: Add Your Second Indicator — RSI or MACD

You have one indicator slot left. Let's use it for a momentum indicator.

Option A: Add RSI (Relative Strength Index)

  • Click the "Indicators" button again
  • In the search box, type: "RSI"
  • Click "Relative Strength Index" (the first result from TradingView)
  • A new panel will appear below your chart showing the RSI indicator
  • It will look like a line moving up and down between 0 and 100, with horizontal lines at 30 and 70

Option B: Add MACD (Moving Average Convergence Divergence)

  • Click the "Indicators" button again
  • In the search box, type: "MACD"
  • Click "MACD" (the first result from TradingView)
  • A new panel will appear below your chart showing the MACD indicator
  • It will look like two lines and a histogram (bars)
Which Should You Choose?

For now, choose RSI. It's simpler to understand and interpret.

We'll teach you MACD in Section 5, and you can swap them out later.

Step 5: You've Hit Your 2-Indicator Limit

You now have:

  • Indicator 1: Moving Average (on the main chart)
  • Indicator 2: RSI (in a separate panel below)

If you try to add a third indicator, TradingView will show a message like:

"You've reached the indicator limit for your plan. Remove an indicator or upgrade."

This is normal. You're on the free plan.

But remember: 2 indicators are enough. You have everything you need.

2.7 How to Customize Indicator Settings

Now that you've added indicators, let's customize them to fit your analysis style.

Customizing the Moving Average

Let's change the Moving Average settings to match what we teach in this course.

Step 1: Open the Settings Panel

Look at the top left of your chart. You'll see a small label that says something like: "MA 9" (or "SMA 9")

This tells you there's a Moving Average indicator with a 9-period setting currently on your chart.

To customize it:

  • Option A: Click the small gear icon next to the "MA 9" label
  • Option B: Right-click on the Moving Average line on your chart and select "Settings"

A settings panel will open.

Step 2: Change the Period (Length) to 50

In the settings panel, you'll see a field labeled "Length" or "Period." This controls how many candles the average uses.

Change this number from 9 to 50

Why 50?

Because the 50-period moving average is a popular, reliable setting for identifying medium-term trends. It's not too fast (like 20) and not too slow (like 200).

Step 3: Make Sure It's Set to SMA (Simple Moving Average)

In the same settings panel, look for a dropdown menu labeled "Type" or "Method."

Make sure it's set to "SMA" (Simple Moving Average).

If it says "EMA" (Exponential) or anything else, click the dropdown and select "SMA."

Step 4: Change the Color

You can change the color of the moving average line to whatever you like.

In the settings panel, you'll see a color box (usually a small square with a color). Click it and choose a color that stands out against your candlesticks.

Good choices:

  • Bright yellow (easy to see on dark backgrounds)
  • White (clean and professional)
  • Cyan/light blue (clear but not harsh)

Avoid colors that blend into your candles (like red or green).

Step 5: Adjust Line Thickness (Optional)

You can make the moving average line thicker so it's easier to see.

Look for a setting called "Width" or "Thickness." Change it from 1 to 2 or 3.

Pro Tip

Don't go too thick (like 5 or 6)—it can cover your candlesticks and make the chart messy.

Step 6: Click "OK" or "Apply"

At the bottom of the settings panel, click "OK" or "Apply."

The settings panel will close, and your Moving Average will update with the new settings.

Now you have a 50-period Simple Moving Average in your chosen color! 🎉

Customizing the RSI

The RSI indicator appears in a separate panel below your main chart. Let's customize it too.

Step 1: Open the RSI Settings

Look at the top left of the RSI panel. You'll see a label like: "RSI 14"

This means the RSI is set to a 14-period calculation (the default).

To customize it:

  • Click the small gear icon next to "RSI 14"
  • Or right-click on the RSI line and select "Settings"

Step 2: Keep the Period at 14 (Standard Setting)

In the settings panel, you'll see a field labeled "Length" or "Period."

The default is 14, which is the standard setting used by most traders.

Leave it at 14. There's no need to change this.

Step 3: Customize the Colors (Optional)

The RSI line is usually blue or purple by default.

You can change it to a color that's easy for you to read—like white, yellow, or cyan.

You'll also see settings for the background zones:

  • The 70 line (overbought zone) might have a red shaded area
  • The 30 line (oversold zone) might have a green shaded area

You can customize these colors too, but the defaults are usually fine.

Step 4: Click "OK"

Close the settings panel. Your RSI is now customized.

2.8 How to Save Your Layout (With Indicators)

Now that you've added and customized your indicators, save your layout again.

Why? So you don't have to add these indicators and settings every time you open TradingView.

How to save:

  • Click the cloud icon or "Layouts" button at the bottom right
  • Select "Save" (if you're updating your existing layout) or "Save As…" (if you want to create a new layout with a specific name)
  • Give it a descriptive name, like:
    • "Beginner Trend + RSI"
    • "50 MA + RSI Setup"
    • "Forex 4H Strategy"
  • Click "Save"

Done! Your chart—with indicators, colors, and settings—is now saved.

2.9 How to Toggle Indicators On/Off

Here's a super useful trick: You can temporarily hide indicators without deleting them.

Why would you do this?

  • Sometimes you want to focus on price action alone, without indicators cluttering your view
  • Or maybe you want to compare different indicators without permanently removing one

How to hide an indicator:

  1. Look at the top left of your chart (or the indicator panel)
  2. You'll see the indicator labels, like "MA 50" and "RSI 14"
  3. Next to each label is a small eye icon 👁️
  4. Click the eye icon
  5. The indicator will disappear from your chart (but it's not deleted—just hidden)

To show it again:

Click the eye icon again. The indicator reappears.

This is a Game-Changer

When you're testing different combinations or studying charts, being able to quickly toggle indicators on and off saves tons of time!

2.10 How to Remove and Replace Indicators

What if you want to remove an indicator completely and add a different one?

Let's say you have Moving Average + RSI, but you want to try Moving Average + MACD instead.

Step 1: Remove the Current Indicator

Look at the indicator label (like "RSI 14").

Next to the eye icon, you'll see a small "X" icon or three dots (…).

Click the "X" to remove the indicator.

Or: Right-click on the indicator and select "Remove."

The indicator will disappear.

Step 2: Add the New Indicator

Now you have an open indicator slot.

  • Click the "Indicators" button
  • Search for the new indicator (like "MACD")
  • Click it to add it to your chart

Step 3: Customize and Save

Adjust the settings of the new indicator (if needed), then save your layout again.

Pro Tip

You can use this trick to test different indicators without upgrading to a paid plan. Just swap them in and out as needed.

2.11 Switching Between Forex and Crypto (Quick Tips)

One of the best things about TradingView is you can quickly switch between markets without changing your indicators or layout.

To switch from Forex to Crypto (or vice versa):

  1. Click the symbol search box at the top left
  2. Type the new market you want to view:
    • EURUSD (Forex)
    • BTCUSDT (Crypto)
    • USDJPY (Forex)
    • ETHUSDT (Crypto)
  3. Select the symbol
  4. Your chart will update to show the new market—but your indicators stay the same

This means:

You can analyze any market using the same tools (Moving Average + RSI) without having to set them up again every time.

Cool, right? 😎

2.12 Best Practices for Keeping Charts Clean and Readable

As you learn more about trading, you'll be tempted to add more and more tools to your chart.

Resist this temptation.

A clean, organized chart is a profitable chart.

Here are the best practices professional traders follow:

1. Use No More Than 2-3 Indicators

We've said this multiple times, but it's worth repeating: More indicators ≠ Better results.

In fact, too many indicators create conflicting signals and confusion.

Stick to:

  • 1 Trend Indicator (Moving Average)
  • 1 Momentum Indicator (RSI or MACD)
  • Optional: Volume (doesn't count toward your indicator limit)

That's all you need.

2. Choose Colors That Don't Hurt Your Eyes

Your chart should be easy to look at for long periods.

Avoid:

  • Neon colors that are too bright
  • Multiple indicators in the same color (you can't tell them apart)
  • Colors that blend with your candles

Use:

  • High-contrast colors (like yellow on black, white on blue)
  • Consistent color coding (e.g., always use blue for trend, red for momentum)
3. Keep Indicator Panels Sized Proportionally

When you add indicators like RSI or MACD, they appear in panels below your main chart. Make sure these panels aren't too big or too small.

To resize a panel:

  • Hover your mouse over the border between the main chart and the indicator panel
  • Your cursor will change to a double arrow (↕️)
  • Click and drag up or down to resize

Good proportions:

  • Main chart: 70% of screen height
  • Indicator panels: 30% of screen height (split between them if you have 2)
4. Hide or Remove Drawings You're Not Using

If you've drawn trendlines, support/resistance lines, or other shapes from Chapter 2, don't leave them all on your chart forever.

Remove old drawings that are no longer relevant.

To remove a drawing:

  • Click on the drawing (line, rectangle, etc.)
  • Press the Delete key on your keyboard
  • Or: Right-click the drawing and select "Remove"

Keep your chart clean by only showing current, relevant analysis.

5. Save Different Layouts for Different Strategies

As you get more advanced, you might want to use different indicator combinations for different trading strategies.

Example:

  • Layout 1: "Trend Following" → 50 MA + MACD
  • Layout 2: "Reversal Hunting" → 200 MA + RSI

Since the free plan only allows 1 saved layout, you can:

  • Recreate layouts quickly (since you now know how)
  • Take screenshots of your setups for reference
  • Upgrade to Pro later if you need multiple saved layouts
6. Regularly Clear Your Chart and Start Fresh

Every few weeks, reset your chart to the basics. Remove all indicators and drawings, then rebuild your setup from scratch.

Why?

Because over time, charts tend to get cluttered with old analysis, outdated drawings, and random tools you added "just to try."

Starting fresh helps you refocus on what matters—clean, simple analysis.

2.13 TradingView Mobile App Setup (Bonus)

If you want to check charts on your phone or tablet, TradingView has a free mobile app.

To Download:

For Android:

  • Open Google Play Store
  • Search for "TradingView"
  • Install the app (it's free)

For iPhone/iPad:

  • Open the App Store
  • Search for "TradingView"
  • Install the app (it's free)

Setting Up the Mobile App

Once installed:

  1. Open the app
  2. Sign in with the same account you created on the website (Google, Facebook, Apple, or Email)
  3. Your saved layouts and indicators will sync automatically!

Using the Mobile App:

  • Tap the search icon to find markets (EURUSD, BTCUSDT, etc.)
  • Tap the clock icon to change timeframes
  • Tap the "fx" icon to add/remove indicators (same 2-indicator limit applies)
  • Pinch to zoom in/out on the chart
  • Swipe left/right to scroll through historical price data
Pro Tip: Mobile App is Great For...
  • Checking charts on the go (during your lunch break, commute, etc.)
  • Setting price alerts (we'll cover this in future chapters)
  • Reviewing your trades (when away from your computer)

But don't trade from your phone in the beginning. Phones are too small for careful analysis. Use your computer or laptop for serious chart study.

Quick Summary of Section 2

Let's recap everything you've learned:

  • Why TradingView: Free, easy to use, works for Forex and Crypto, perfect for beginners
  • Free Plan Limits: 2 indicators per chart, 1 saved layout—perfect for keeping things simple
  • Creating your account: Go to TradingView.com, sign up with Google (easiest), open the Chart
  • Interface basics: Symbol search, timeframe buttons, indicators button, watchlist, layouts button
  • Setting up your first chart: Change symbol to EURUSD or BTCUSDT, set timeframe, use Candles, clean up extra panels
  • Adding indicators: Click "Indicators" → search "Moving Average" → add it. Customize to 50 periods, SMA, clear color. Add RSI as second indicator
  • Managing indicators: Toggle on/off with eye icon 👁️, remove with "X" icon, replace by removing one and adding another
  • Saving your layout: Click cloud/layouts button → "Save As..." → Name it something clear
  • Best practices: Keep it simple (2-3 indicators max), use clear colors, remove old drawings regularly, start fresh every few weeks
  • Mobile app: Download TradingView on your phone for chart checking on the go (but don't trade on mobile yet)

Practice Tasks (Complete These Before Moving On!)

Task 1: Set Up Your First Clean Chart
  • Go to TradingView.com (or open the app on your computer)
  • Create your free account if you haven't already
  • Open the Chart
  • Change the symbol to BTCUSDT (Bitcoin)
  • Set the timeframe to 1D (Daily)
  • Make sure the chart type is Candles
  • Clean up any extra panels (close news, economic calendar, etc.)
  • Save this layout as "Crypto Daily Clean"
Task 2: Add and Customize a Moving Average
  • On your BTCUSDT chart, click "Indicators"
  • Search for "Moving Average" and add it
  • Customize the settings: Change the period to 50, set type to SMA, change the color to bright yellow (or your preferred color), set line thickness to 2
  • Click "OK"
  • Observation question: Look at the last 50-100 candles. Is Bitcoin price mostly above or below the 50 MA? Write down your answer
Task 3: Add RSI as Your Second Indicator
  • Click "Indicators" again
  • Search for "RSI" and add it
  • A panel will appear below your chart showing the RSI line
  • Customize (optional): Keep the period at 14, change the line color if you want
  • Click "OK"
  • Observation question: Is the RSI currently above 50 or below 50? (We'll explain what this means in Section 4, but for now, just observe)
Task 4: Save Your Complete Layout
  • Click the cloud/layouts button at the bottom right
  • Select "Save As..."
  • Name it: "Beginner Trend + RSI"
  • Click "Save"
Task 5: Switch to a Forex Pair
  • Click the symbol search box
  • Type EURUSD and select it (from OANDA or any broker)
  • Your indicators (50 MA + RSI) will stay on the chart
  • Change the timeframe to 4H (4-Hour)
  • Observation question: Is EURUSD in an uptrend or downtrend on the 4H chart? (Hint: Is price above or below the 50 MA?)
Task 6: Practice Toggling Indicators On/Off
  • Click the eye icon next to "MA 50" to hide the Moving Average
  • Look at the chart with just price and RSI visible
  • Click the eye icon again to show the Moving Average
  • Now hide RSI using its eye icon
  • Show it again
  • Why this matters: Sometimes you'll want to focus only on price action, or only on one indicator. Knowing how to toggle tools on/off quickly is a valuable skill
Task 7: Test Removing and Adding Indicators
  • Remove the RSI indicator (click the "X" next to "RSI 14")
  • Add MACD instead (search "MACD" in the indicators menu)
  • Observe the difference—MACD looks different from RSI (we'll explain it fully in Section 5)
  • Remove MACD
  • Add RSI back
  • This exercise teaches you: How to swap indicators in and out without losing your overall layout
Reflection Questions (Optional)

Take a moment to think about these:

  • 💭 "Does my chart feel clean and easy to read, or is it cluttered?"
  • 💭 "Can I quickly tell if a market is trending up or down by looking at the 50 MA?"
  • 💭 "Am I comfortable navigating TradingView, or do I need more practice?"

If you're feeling overwhelmed, that's normal. Go back and repeat the tasks until TradingView feels natural.

Remember: You don't need to master everything in one day. Take your time. Practice daily.

Common Questions from Beginners

Q1: "Can I use TradingView without creating an account?"
A: You can view charts without an account, but you cannot save layouts or customize indicators. Creating a free account takes 2 minutes and unlocks all the features you need.
Q2: "Do I need to pay for TradingView?"
A: No, not yet. The free plan is perfect for learning. Once you're profitable and want more advanced features (like more indicators, alerts, or multiple saved layouts), you can upgrade. But there's no rush.
Q3: "Why can I only add 2 indicators? Isn't that limiting?"
A: It's actually a blessing in disguise. The 2-indicator limit forces you to keep things simple, which is exactly what successful traders do. Most pros use 2-4 indicators total. You don't need more.
Q4: "Can I use TradingView on my phone?"
A: Yes! Download the free TradingView app (Android or iOS). Your account and layouts sync automatically. But don't trade from your phone yet—use it only for checking charts and studying.
Q5: "What if I forget how to add an indicator?"
A: Come back to this section and follow the step-by-step instructions again. Or click the "Indicators" button and experiment—you can always remove indicators and try again. You can't break anything. 😊
Q6: "Should I use the same indicators for Forex AND Crypto?"
A: Yes. The 50 MA and RSI work well for both Forex and Crypto. The principles are the same—only the market volatility differs. Stick with the same tools for consistency.
Q7: "Can I change my indicator settings later?"
A: Absolutely. Click the gear icon next to any indicator label and adjust the settings anytime. Nothing is permanent.
Q8: "How do I know which broker or exchange to choose when searching for symbols?"
For Forex:
  • OANDA, FXCM, or FOREX.COM are all reliable
  • The price data is almost identical
For Crypto:
  • Binance is the most popular (highest volume)
  • Coinbase is also good

Choose the one that matches the exchange you'll eventually use for real trading.

Congratulations! 🎉

You've successfully:

  • Created your free TradingView account
  • Learned to navigate the interface like a pro
  • Set up a clean, professional chart for Forex and Crypto
  • Added your first indicators (Moving Average + RSI)
  • Customized colors and settings to fit your style
  • Saved your layout for future use
  • Learned to toggle and swap indicators efficiently

This is a HUGE milestone.

Many beginners never get past this step—they get overwhelmed by the software and give up. But you didn't. You pushed through, followed the instructions, and now you have a real trading setup that professionals use.

What's Next?

In Section 3, we'll dive deep into your first indicator: Moving Averages.

You'll learn:

  • Exactly what moving averages show you
  • How to read them to identify trends
  • How to use them for entry signals (pullbacks and bounces)
  • Common mistakes to avoid

But before you move on, make sure you've completed the practice tasks in this section.

Your TradingView setup should be ready. Your chart should be clean. Your indicators should be in place.

If you're not there yet, go back and finish the tasks. Don't rush. Trading is a skill that's built step by step. Every section builds on the previous one.

You're doing amazing work. Keep going. The hard part (setup) is done. Now we get to the fun part—learning how to READ these tools and use them to make smart trading decisions.

See you in Section 3! 💪📈