Cryto academy season3/week7 Homework post on Trading view by Prof. @yousafharookhan

in SteemitCryptoAcademy4 years ago (edited)

Screenshot_2021-08-14-23-51-15-01.jpeg

QUESTION 1: Defining the tradingview website and how to register and account in tradingview? What are the different registering plan?(screenshot necessary).


ANSWER:

Tradingview website can be defined as a website where traders and investors use to explore and view charts of all cryptocurrencies, stock markets, exchanges as well as forex and gold.
This website eliminates the stress of finding them (prediction of rise/fall) by having a chart on it interface where a trader can use to analyze it trade without visiting multiple websites to seek for solution.
Furthermore, it is tradingview that feed traders with accurate information about market trend/market value at the right time.
Just like sailors/explorers that use a compass to know directions, tradingview is a website that offer traders direction in cryptocurrencies markets , gold market, stock exchange market through analysis of it chart.

HOW TO REGISTER AN ACCOUNT ON TRADINGVIEW WEBSITE.

It takes just few steps to register an account on tradingview website.
Below are all the steps;
Step 1: Open a web browser and google search Official website of tradingview
IMG-20210815-WA0001.jpg

As seen in the screenshot, the website is the first suggestion.
Proceed to the official website by clicking on it.



Step 2: At tradeview website, click on the profile logo and select start free trail on the pop up.
IMG-20210815-WA0016.jpg



Step 3: At this interface, scroll down to where you will see the statement Need something a little simple? and click on Try free basic
IMG-20210815-WA0003.jpg



Step 4: Several options can be seen here. I prefer the facebook option to save time.
IMG-20210815-WA0004.jpg



Step 5: Fill mobile number and password.
IMG-20210815-WA0005.jpg


The account confirmation page displays, proceed to click continue as Paul (i.e Paul is my username so yours will display).
IMG-20210815-WA0023.jpg



Step 6: Chose a photo, username and email then click on continue
IMG-20210815-WA0021.jpg



Profile is completely registered as seen in the screenshot below.
IMG-20210815-WA0022.jpg

what are the different registration plan?

Tradingview website have two registration plans which are; the monthly plans and annually plans.
Each of this two plans have three different levels which are; Pro, Pro+ and premium as well as difference price and benefits for each.

IMG-20210815-WA0007.jpg
Monthly plans

IMG-20210815-WA0017.jpg
Annual plans
21PRtjKRXPQybj4WUXScWv5QPLninWRxfbcWNsx7SenD7FxevaeLdRfB55hRNPBSdbi5Xz5L3PEC8wXM1tDL9RmMYgK2B2F3XchnGXM7TVpqaEzuS1ot3rtDDdVucmxrxd5R1TBkYqY8mefigFokRLa.webp

QUESTION 2: Explain different features of tradingview and what is your favorite feature and why(screenshot)


Answer:

The tradingview website different features which can be seen at the top of the website. This features gives a nice arrangement of the website hence offers traders/investors a stress free navigation.
The features are;
1. Search
2. Chart
3. Trade
4.% Markets
5. Screeners
6. Community
7. More


Search: This feature offers users and overall access to explore the website. On it, there are other sub feature which are; Symbols, Ideas, Scripts and People on the first row and All, Stocks, Futures, Forex, CFD, Crypto, Index and Economy on second row. A user can type the name of whatever he/she wants and gets a quick suggestion as well.

Chart: To me, this is the major feature of tradingview website. The chart feature consist of Candles, Candlestick, Bars etc. This features of the chart helps to provide accurate information needed hence makes tradingview one of best in it kind.

Trade: This feature shows top brokers and brokers awards as well. A click on it displays a drop down option.

Markets: This feature links the user to various sub features which are; cryptocurrencies, currencies, stocks, induces, future, bonds and sparks.

Screener: Another major feature that have stock screener, Forex Screener and crypto screener. The screener displays it result within a short time using the indicator.

Community: In this feature, the trader/investor gets to be aware of various traders expert and information.

More: Been the last feature, the trader can choose desktop app for change of interface, reach out to help center etc.

What is your favorite feature and why?



Answer: Community
This remains my favorite because it expose users to expertise. A user can set his/her portfolio base on his/her watchlist. This feature is where a new user can gain more knowledge as well.
21PRtjKRXPQybj4WUXScWv5QPLninWRxfbcWNsx7SenD7FxevaeLdRfB55hRNPBSdbi5Xz5L3PEC8wXM1tDL9RmMYgK2B2F3XchnGXM7TVpqaEzuS1ot3rtDDdVucmxrxd5R1TBkYqY8mefigFokRLa.webp

QUESTION 3: How to set up a chart in tradingview and use two tools to edit it (screenshot necessary).


ANSWER:

To setup chart, click on the chart feature. The setting feature of the chat is located at top of the tradingview website. A click on it expose the use to features that he/she need for operating the chat. The setting feature is located at the buttom.
IMG-20210815-WA0006.jpg


Using two tools to edit it;

Trend Line: This line is use to predict how the future of an investment may tend to be which is either in and uptrend or downtrend
To edit it, click on the symbol that the arrow is pointing at on the left as seen on the screenshot and select Trend Line.
The trend line is the line that the arrow is pointing at on the chart
IMG-20210815-WA0008.jpg


Similes: This tools edit have several features just like those one that we’ve been seeing on chat. I added the smile. A click on the basket symbol shown will remove it as well.
IMG-20210815-WA0010.jpg

IMG-20210815-WA0020.jpg
21PRtjKRXPQybj4WUXScWv5QPLninWRxfbcWNsx7SenD7FxevaeLdRfB55hRNPBSdbi5Xz5L3PEC8wXM1tDL9RmMYgK2B2F3XchnGXM7TVpqaEzuS1ot3rtDDdVucmxrxd5R1TBkYqY8mefigFokRLa.webp

QUESTION 4: Explain how to add indicators in a chart, what is your favorite indicator and why(screenshot necessary)

Answer:

The following is used to add an indicator;
Step 1: click on the indicator feature as seen on the screenshot.

IMG-20210815-WA0019.jpg



Step 2: The search bar will display. Proceed to type the name of indicator that you want to add. I typed MA it related pop up. Select the one that you want to you use
IMG-20210815-WA0012.jpg

IMG-20210815-WA0013.jpg


To add selected indicators on chat, use the short cut by clicking on the arrow beside the indicator feature and select it on the drop down displayed.
IMG-20210815-WA0014.jpg

what is your favorite indicator?


Answer:

The moving average indicator is my favorite indicator among the numerous indicators. The moving average indicator helps trader to indicate markets resistance and support easily.
21PRtjKRXPQybj4WUXScWv5QPLninWRxfbcWNsx7SenD7FxevaeLdRfB55hRNPBSdbi5Xz5L3PEC8wXM1tDL9RmMYgK2B2F3XchnGXM7TVpqaEzuS1ot3rtDDdVucmxrxd5R1TBkYqY8mefigFokRLa.webp

QUESTION 5: Do you think that Tradingview is useful in predicting the market for cryptocurrency (trend/price)?


ANSWER: Yes

This is because the Tradingview website helps a trader to know the future of value of any particular cryptocurrency. This is done by analyzing the Tradingview chart critically. By using this, a trader stands a greater chance of trading with caution.
21PRtjKRXPQybj4WUXScWv5QPLninWRxfbcWNsx7SenD7FxevaeLdRfB55hRNPBSdbi5Xz5L3PEC8wXM1tDL9RmMYgK2B2F3XchnGXM7TVpqaEzuS1ot3rtDDdVucmxrxd5R1TBkYqY8mefigFokRLa.webp

Conclusion

**Please note that the interface depends on the browser. Desktop and mobile view was used on Google chrome browser to carryout this assignment, thanks
The Tradingview website is unbelievable in it operation and still remains incomparable level in rating.
The use of thus amazing site have give traders confident to trade. However, tradingview require traning as it have several features that must be understand before investing.
Special thanks to Prof. @yousafharoonkhan
Much respect.

Sort:  

Respected first thank you very much for taking interest in SteemitCryptoAcademy
Season 3 | intermediate course class week 7

CriteriaCalculation out of 2remarks
Presentation/quality1.
Originality1./2
Compliance with Topic1.
Clarity of Language1.
Quality of Analysis1.
Grand total5

feed back

  • reduce size of image
  • you did not explain screenshot of question 2, that was necessary
  • you did not apply MA your favorite indicator on chart
  • your did not explain each question in detial, you given detail was very much short about question no 5

thank you very much for taking interest in this class,

Coin Marketplace

STEEM 0.14
TRX 0.23
JST 0.032
BTC 86016.41
ETH 2143.96
USDT 1.00
SBD 0.63