Introduction to TradingView
TradingView is one of the most widely used and popular platforms for technical analysis in financial markets, utilized by millions of traders and investors worldwide. This tool is favored due to its user friendly interface, extensive features, and access to various market data, making it one of the best options for analysts.
Key Features of TradingView
Support for multiple markets including Forex, stocks, cryptocurrencies, commodities, and indices
Advanced technical analysis tools, such as indicators, chart patterns, and scripting with Pine Script
Ability to share analyses and view trading ideas from other traders
Direct trade execution with selected supported brokers
Free and paid versions, with the free version having limitations on the number of indicators and alerts
Why Look for TradingView Alternatives?
Some traders seek alternatives to TradingView due to:Limitations in the free version
High subscription costs for premium features
Need for more specialized tools
Finding a suitable TradingView alternative can provide more flexibility and advanced functionalities for traders and investors.
TradingView Alternatives
| Platform Name | Supported Markets | Free/Paid | Key Features |
|---|---|---|---|
| MetaTrader 4 & 5 | Forex, Stocks, Commodities | Free | Automated trading, indicators, strategy testing |
| NinjaTrader | Forex, Futures | Limited Free Version | Advanced analysis tools, algorithmic trading |
| TradeStation | Stocks, Options, Futures | Limited Free Version | Script-based trading, automated execution |
| Bloomberg Terminal | Stocks, Forex, Bonds | Paid (High Subscription Cost) | Access to financial news and market data |
| CryptoWatch | Cryptocurrency | Free with Paid Features | Real-time prices from multiple exchanges, portfolio management |
| eSignal | Forex, Stocks, Futures | Paid | Professional charts, live market data |
| GoCharting | Forex, Stocks, Crypto | Free with Limited Features | Advanced technical analysis, customization |
| Multicoincharts | Cryptocurrency | Free | Multi-chart display, exchange price analysis |
| TrendSpider | Stocks, Forex, Crypto | Paid | Automated pattern detection, trading alerts |
| Finviz | Stocks (Mainly US Market) | Free with Ads | Stock screener, fundamental and technical analysis |
| Investing.com | All Markets | Free with Paid Features | Live charts, technical & fundamental analysis |
| Yahoo Finance | Stocks, Forex, Crypto | Free | Financial data display, market analysis |
| Dukascopy | Forex, Stocks, Commodities | Free | Analytical charts, economic calendar |
| DailyFX | Forex, Commodities | Free | Economic news, trading signals |
| Google Finance | Stocks, Indices, Bonds | Free | Basic charts, company financials |
1. MetaTrader 4 & 5 (MetaTrader 4 & 5)
Introduction MetaTrader is one of the most popular trading platforms for Forex and other financial markets, developed by MetaQuotes. It is used for both technical analysis and trade execution.
Key Features
Various indicators and technical analysis tools
Support for automated trading (Expert Advisors - EA)
Ability to use custom scripts and indicators
High-precision price data
Capability to test trading strategies
Advantages
Free and available for all users
Suitable for professional and algorithmic traders
High execution speed
Ability to connect to various brokers
Disadvantages
Older design compared to TradingView
Limited support for some stock markets and cryptocurrencies in certain versions
2. NinjaTrader
Introduction
NinjaTrader is a professional platform for Futures and Forex trading, known for its advanced technical analysis tools and high customization capabilities.
Key Features
Advanced technical analysis tools and order execution
Support for algorithmic trading and strategy backtesting
Ability to use real market data and trade simulations
Connectivity to multiple brokers
Advantages
Professional tools for technical analysis
Suitable for Futures and Forex trading
High customization options for developers
Disadvantages
Limited free version
Requires advanced technical knowledge for full utilization
3. TradeStation
Introduction TradeStation is a powerful platform for professional traders in stocks, options, and futures. It offers advanced capabilities for technical analysis and trade execution.
Key Features
Advanced analytical tools and customizable charts
Real time market data and automated strategy analysis
Support for automated trading and custom scripts
Advantages
Suitable for professional and algorithmic traders
Supports various asset types
Fast trade execution
Disadvantages
High trading fees for certain services
Limited free version
4. Bloomberg Terminal
Introduction Bloomberg Terminal is a high end platform for financial data analysis, economic news, and trading, mostly used by financial institutions, banks, and professional traders.
Key Features
Access to real time financial data and economic news
Advanced analytical tools and technical charts
Support for fundamental and technical analysis
Advantages
Reliable financial data and real-time news
Suitable for professional investors
Combination of fundamental and technical analysis
Disadvantages
Extremely high subscription cost
Not suitable for retail traders
5. CryptoWatch
Introduction CryptoWatch is a specialized tool for cryptocurrency traders, providing access to real-time data from various exchanges.
Key Features
Real-time price data from over 25 crypto exchanges
Advanced technical analysis tools
Portfolio management and direct exchange connectivity
Advantages
Specifically designed for crypto traders
Integration with major crypto exchanges
Technical analysis and portfolio management
Disadvantages
Limited support for non-crypto markets
Some advanced features require a paid subscription
6. eSignal
Introduction
eSignal is a powerful technical analysis tool for stocks, Forex, and futures, offering comprehensive professional analytics.
Key Features
Professional charts with advanced technical analysis tools
Live and fast market data
Ability to program and create custom trading strategies
Advantages
Suitable for professional traders
Accurate and up-to-date market data
Advanced technical tools
Disadvantages
High subscription cost
Requires a stable internet connection for real-time data
7. GoCharting
Introduction GoCharting is a web-based technical analysis tool specifically designed for traders in stocks, Forex, and cryptocurrencies. It features advanced charts, customizable tools, and direct trade execution from charts.
Key Features
Access to Forex, stocks, cryptocurrencies, and futures markets
Customizable charts and indicators
Direct trade execution with supported brokers
Professional charts with customizable volume and market depth analysis
Advantages
Works on all browsers without software installation
Modern and user-friendly design
Supports various chart types, including Footprint Charts
Disadvantages
Some advanced features require a paid subscription
Limited support for some global markets
8. Multicoincharts
Introduction This tool is specifically designed for cryptocurrency traders, allowing users to view and compare multiple charts from different exchanges simultaneously.
Key Features
Access to price and volume data from major crypto exchanges
Display multiple charts on a single screen
Ability to create customized trading strategies
Advantages
Suitable for professional crypto traders
Live price display from multiple exchanges
Free and does not require registration
Disadvantages
Designed exclusively for the cryptocurrency market
No direct trading execution capabilities
9. TrendSpider
Introduction TrendSpider is an AI powered technical analysis platform that helps traders automatically identify patterns, breakouts, and entry/exit points.
Key Features
Automated detection of trend lines and support/resistance levels
Strategy backtesting capabilities
Automated alerts based on price behavior
Advantages
Reduces analysis time with smart automation
Ability to set up automated trading strategies
Suitable for stock, forex, and crypto traders
Disadvantages
No free version, only a trial period available
Can be complex for beginners
10. Finviz
Introduction Finviz is a specialized platform for fundamental and technical analysis of US stocks, allowing users to filter and evaluate top-performing stocks.
Key Features
Stock screener based on various criteria such as P/E ratio, volume, and price movements
Heatmaps for visualizing overall market performance
Comprehensive financial and fundamental data
Advantages
Suitable for both fundamental and technical investors
Free version available with limited features
Detailed stock charts and market heatmaps
Disadvantages
Limited to US stock market analysis
Free version includes a lot of advertisements
11. Investing.com
Introduction Investing.com is a comprehensive website for global market prices, economic news, technical analysis, and fundamental research.
Key Features
Extensive coverage of stocks, forex, cryptocurrencies, commodities, and bonds
Technical analysis tools, economic calendar, and market forecasts
Support for multiple languages, including Persian
Advantages
Free access to charts and financial news
Suitable for both traders and fundamental investors
Expert analysis and market insights
Disadvantages
Some real-time data requires a paid subscription
Free version contains advertisements
12. Yahoo Finance
Introduction Yahoo Finance is one of the oldest and most reliable financial data sources, used for stock analysis and market news tracking.
Key Features
Displays financial reports and earnings data of companies
Supports simple technical analysis charts
Extensive coverage of economic and financial news
Advantages
Free to use without registration
Easy access to complete stock and index data
Up to date financial news and analysis
Disadvantages
Limited technical analysis tools
Incomplete support for forex and crypto markets
13. Dukascopy
Introduction Dukascopy is a professional trading platform for forex and global markets, offering comprehensive technical and fundamental analysis.
Key Features
Advanced charting tools with precise market data
Economic calendar, real-time news, and financial analysis
Support for algorithmic trading and strategy backtesting
Advantages
Suitable for professional forex traders
Advanced technical tools
Provides high-quality financial and economic analysis
Disadvantages
Complex interface for beginners
Limited support for some stock markets
14. DailyFX
Introduction DailyFX is a trusted source for forex market news, technical and fundamental analysis, supported by IG Group brokerage.
Key Features
Real time economic news and precise technical analysis
Trading signals and actionable trading strategies
Specialized educational content for forex traders
Advantages
Free access to expert analysis and educational resources
Ideal for forex and commodities traders
Detailed economic calendar
Disadvantages
Primarily focused on forex and global markets
Does not provide direct trading tools
15. Google Finance
Introduction Google Finance is one of the simplest tools for tracking stock prices, indices, and financial market news.
Key Features
Real time financial market data and company earnings reports
Simple charts and financial insights
Extensive coverage of global economic and financial news
Advantages
Free and does not require a subscription
Easy access to financial data of companies
Disadvantages
Very limited technical analysis tools
Does not support some financial markets fully
What is the Best Alternative to TradingView?
The best TradingView alternative depends on your trading needs:
If you need a free and professional platform for Forex, MetaTrader 4 & 5 is the best option.
For Futures and Forex trading with advanced tools, NinjaTrader is recommended.
If you trade stocks and futures, TradeStation is a suitable choice.
For professional investors looking for both fundamental and technical analysis, Bloomberg Terminal is the best alternative.
If you focus on cryptocurrency trading, CryptoWatch is a great option.
For fast data and advanced technical analysis tools, eSignal is a solid choice.
By choosing the right platform, you can improve your technical analysis and achieve more successful trades.
Iranian Alternatives to TradingView
Due to TradingView access limitations, Iranian traders can use domestic platforms for technical and fundamental analysis.1. Rahavard365
A comprehensive platform for technical and fundamental analysis of the Iranian stock market, featuring advanced charts, screening tools, and professional analysis tools.
Suitable for technical and fundamental analysis
Does not support global markets 2. SadTahlil
A platform for viewing technical and fundamental analysis, as well as trading signals from market analysts.
Good for beginners
Lacks advanced technical tools 3. AsaTrader
A trading and analysis platform provided by Aghah Brokerage, offering technical charts and market data.
Ideal for Aghah Brokerage users
Limited customization of tools 4. MofidTrader
The Iranian version of MetaTrader 5, designed for the Iranian stock market, with advanced indicators and algorithmic trading support.
Similar features to MetaTrader
Requires registration with Mofid Brokerage 5. BourseView
A technical and fundamental analysis platform offering advanced filtering and financial reports.
Combines technical and fundamental analysis
Some features require a paid subscription
Which Iranian Platform is Best for You?
Rahavard365 and BourseView, Best for professional analysts
MofidTrader, Ideal for traders familiar with MetaTrader
SadTahlil, Suitable for beginners looking for expert analysis
AsaTrader, Best for Aghah Brokerage clients