TradingView is now a preferred platform for both investors and traders. It provides a broad range of tools to analyze markets and execution of trades. The most frequent question traders ask is whether they should stick to the basic version of TradingView premium free or invest in the advanced premium version. This guide will detail the major distinctions to help you determine if it is worth the expense.
Key Aspects of TradingView Premium Free
TradingView Premium Free provides a variety of options which are the basic version. Here are the best benefits:
Basic Charting Tools
You can get initial charting options like programming, customized Forex Education indicators, and basic drawing tools.
Priority Customer Support
You will receive faster customer support with Premium’s priority services.
Backtesting Strategy
The test is done to evaluate the trading strategies with historical data. So that, their profit is determined before applying them in real time.
Economic Calendar
You can access the basic economic calendar but not extensively to know the major financial events influencing the markets.
Is TradingView Premium Free Worth the Upgrade?
- If TradingView Premium Free is worthwhile, it will depend on your trading habits and trade goals. Below are some things you should consider:
- If you trade frequently or utilize advanced analysis of technical aspects the tools offered by the paid version of premium can greatly increase your enjoyment.
- The backtesting capabilities are vital for actively creating and refining the trading strategies This feature is not offered on premium free.
- For traders who depend on timely alerts to monitor market trends and other market movements, the custom alerts included in the premium could grant the best benefit. But they are not available in the TradingView premium free version.
- If timely customer support is crucial for you, then the top priority premium support might be worth the price.
Validity of TradingView Premium Free Depends on Your Particular Trade Needs
Deciding whether or not to change the version to TradingView Premium depends on your particular trading style, frequency, and objectives. If you evaluate the benefits of premium versus free options, choose a solution that meets your requirements and budget.
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