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good afternoon everybody how are you all
doing today and welcome to lesson number
six and lesson six will actually be how
to use trading view
how to set it up as well and how to make
the best use of it
and using the indicators that i used
already right now
i hope you guys have had a wonderful
time in my lesson so far
so if we just take a look at what we've
covered so far right
in lesson number one we talked about the
introduction class
which talked about a lot of the
different terminologies
that we use in the day-to-day lingo i
know that you guys are probably a lot
more fluent now
when it comes to watching tactical
analysis and understanding what a lot of
these people
are saying in lesson number two we
talked about what separates
a superstar status from the mediocre and
we were talking about emotions
risk management and how to trade like a
casino we want to make sure
that we focus on high probability setup
trades
and especially make sure that we stick
to high risk to reward setups that we'll
actually use
that would yield a very large return
compared to what you can actually
lose and make sure that you're always
sticking to your stop loss as well
the stop-loss is definitely one of the
most important things that i can
emphasize
it's a way to minimize our losses
because we have to remember that we have
to know how to protect
how to preserve our our money that we've
actually made already
this way we can actually focus on
growing it as well
and in lesson number three we talked
about dollar cost
averaging and the importance of
laddering your buys
if you know how to ladder your buys as
it's going down and down
and down and down you're gonna have a
much much
much higher chance of making sure that
you
you're stable when it comes to averaging
out the
the cost of your position there i'm sure
you guys have all been in the situation
where you've only purchased from one
specific situation and you're entirely
stuck
right but dollar cost averaging and
laddering your buys
is a great way for you to focus on how
to make sure
that you're slowly slowly slowly slowly
buying and you average out the cost to
get the best average pricing
and then level four we spent a great
deal of time talking about the level two
order books there
and i'm sure you guys know how to read
it extremely well now where you can talk
about the biz and the ask
and it also gives you very good
real-time momentum changes
and level in lesson five we talked about
what is going long
what is the definition of shorting what
is margin trading and what are the risks
and always remember what i what i've
said right make sure you guys are not
leveraging
i just had to go over it to discourage
you guys
from leveraged trading because if you do
leverage
unfortunately it's a great way to blow
your entire account guides and a lot of
people end up doing that
and i don't want to see you guys as one
of the people that are actually blowing
your accounts or getting liquidated
so first of all let's talk about the
importance
of a chart what is a chart guys huh i'm
sure you guys have
all seen this before and it's probably
complicated if you have never
seen this before right i know that the
first time that i looked at this guys
i've got so many stories that i could
tell you i used to look at it and wonder
what the heck are these things
and i would guess so much and it was so
much work and effort
for me to actually figure this out on my
own and i spent
like hundreds hundreds guys thousands of
hours
just you know researching all of this
material which i'm going to compress for
you guys so you'll know exactly what's
necessary
i honestly wish i had this exact video
that i'm gonna make right now
not to put myself on a pedestal or
anything but i kid
you not that if this video was available
when i first started trading it would
have just
changed my life guys right if someone
actually told me
everything that i actually needed to
know what is a chart
okay a chart is a story
that is honestly what it is it is a
story that tells you what is happening
in the market over time right
it gradually moves from left to right
and every time
something happens it actually leaves a
trail for us to read clues right
so when we're seeing these clues we try
to look at the past
that can actually help us evaluate what
could happen
in the future and all these candles
and everything that you see such as
indicators as well
what they do is they give you clues and
they
tell you the strength in the market what
is happening at a specific time
what is happening in what happened in
the past before
how much of something has happened as
well so the way that i see
charts is simply just as a beautiful
story
that is being told and once we know how
to read
this story right this is a very
different language guys
super different language but once you
actually learn
in high detail how to actually read all
this information
in the chart it is no different than
picking up an actual book
and reading it as if it were a story
right
and once you learn these skills right of
course there's still going to be some
element where you may be wrong
right because some of it's going to be
guesswork but the majority of it will
make a lot of sense right
think of it as a game i see i personally
see it kind of like a puzzle right
it doesn't have an actual answer but we
try to find clues that will make us
lean one way much more than the other
way
so i love charts and what we have to do
is we have to customize it to
our personal liking right so this is the
way that i have
mine set up right here as you guys can
see right and we're going to go over
how i personally set it up so it'll give
you guys a gauge
of how you might possibly like your
setup as well
so make sure you guys understand that
charts tell a story
and they are a beautiful story that they
tell
and once we learn how to interpret and
decode
this information that we find in the
charts it's going to be beautiful
so just to give you guys a quick
overview at the bottom
is the timeline right it goes over time
right in this axis over here
and in this axis this is the price right
this is the lower price and
this is the higher price end so we
always move from left to right
and the prices will always go up and
down up and down
so for example if you see it right here
what you're going to see
is the price right here at 9 500 it
means
it went down because it went from up to
down so let's get into this guys and
let's learn how to customize trading
view because i'm
really excited to teach you guys how to
customize it and start our official
lesson number six
blowing your accounts or getting
liquidated so today we're going to talk
about the necessity of charts
and how to customize it with trading
view so make sure you guys are heading
over to trading view over here
create an account of course i personally
use the free one
i go back and forth with using the the
professional one
it just really depends on my mood
sometimes i feel like having the rsi
alerts
sometimes i don't want to have the rsi
alerts and it doesn't really matter too
much but we're going to go over
what the free one can actually allow you
guys to have
so the first thing you guys want to do
is you want to when you're on the main
page here
where it says under ticker make sure
it's on ticker and then type in
for example bitcoin right btc you want
to type in the ticker here
and then we're going to get to the main
page that's going to allow you to learn
how to customize this and we're going to
go over
every single option here i personally
use
black as my background as you guys saw
already
and i'll show you guys how to customize
all of it from the beginning
i personally use black because i just
like the color a lot better
when you're constantly staring at a
screen white can be
too contrasting and it can actually burn
your eyes over time excuse me i just
have to cough for a second excuse me
here
all right so type in btc and head over
to any exchange that you personally
train on
i'm going to go to bitfinix because
that's where i personally trade
and first of all i actually want to show
you guys something in the chrome store
okay
so this is a really really good option
for you
oh actually it's already up there my
mistake okay so chrome store
i personally use this extension right
here it's called
open as pop-up okay whoops
open that as pop-up right here okay
it's this little guy right here open as
pop-up and what it actually does
is notice how you're seeing all the
bookmark toolbars right here
and notice how you're also seeing the
address bar here as well right
if you click on it it actually makes it
look like a pop-up style
where it actually removes everything
over here just so you guys know okay
so i highly recommend that you guys get
this pop-up
opener as well it makes everything look
like a pop-up it removes the toolbars it
removes the bookmarks it removes the
address bar as well and we'll get into
why
this is really awesome for you guys to
customize it like this
so after you've typed in bitcoin what
you want to do is you're going to see
this chart over here
we're going to ignore everything right
here and we're going to click on
interactive chart all right now once you
click on interactive chart you get all
this
welcome start etc etc we're going to
skip
we're going to skip this beginning part
right here because i'm going to be the
one that's going to instruct you guys of
how to use this properly and accordingly
so you have this little toolbar on the
side over here that has your watch list
right we're going to ignore
all of this and just focus on the chart
you can hide this widget by clicking on
this little show widget
or hide widget button as well you can
also hide this on the left right you see
all these toolbars over here
okay see all these toolbars over here
you can click on this tiny little arrow
which will actually hide and show it so
once again
this one here has a widget when you guys
first open it you're gonna see it like
that every single time right
you can just hide it like that this one
here you can just right click on this
panel
right there okay you can right click on
this panel
and just go to hide as well because what
we want to focus on
is basically just this over here and
nothing else
so if you guys notice here this is where
your time frames are
you can go to two hour chart you can go
to
a four-hour chart for example okay and
you can go to a daily chart and we'll
keep it here for now
so let's first of all go to we're gonna
right-click on here
we're gonna right-click and we're gonna
go to properties okay there's also a
dark theme as well right that people
like to use here
so i personally like to use the dark
theme it's actually a lot
easier on the eyes right if you go to
color themes you can go to light
if you go to color themes here you can
go to dark i personally like to use the
dark one because
it's so much easier on the eyes guys so
much easier
so let's also right click on it right
now then we're going to go to
properties okay and then we're going to
customize
all of this very well i personally like
to have a much
brighter green color so i click on this
green button there
and i also like it to be much darker for
the red
so i choose a much darker red color as
well
and i do it for the candles and for the
borders
and for the wick as well so i do for all
three of them to make sure
that the colors are actually all lined
up the exact same way
okay so you guys are going to see me
just do it over here as well
there you go so now it's very
contrasting
very very bright on the eyes if you guys
have noticed right
so you don't have to make it that bright
it's really up to you guys
what colors you prefer although i like
to have it very contrasting on the
screen once again
because what it actually does show right
it looks really contrasting
and it looks great the candle style that
i use is just the basic candles i don't
use
hollow not many people use holo not many
people use these ones as well
i recommend to just keep it on the basic
candles right over here
okay so the price line if you guys
notice what the price line is right here
okay if you make it thicker notice how
the price line where it is
it'll actually thicken or or or thin
it'll thin or thick in the line whatever
you guys prefer to have it at right
so it's really just a matter of
preference as well now let's go to
scales okay
and don't worry about any of these right
now okay we're going to go over
all of these every single thing in fine
detail
so the scales we don't need to worry
about it quite yet but you guys could
make it bigger if you want to as
well right you can make this bigger for
your price to bar ratio scales as well
and you can increase the margin for
example on the top if you don't want it
to go nearly as high
okay so i keep mine at about eight
percent
right just to make sure there's a lot of
clearance where it's going to show
everything that i actually wanted to
show if you guys would like to have a
left
access here as well that's going to show
the price just click on the left
right axis left axis right here and
you'll have a price
on this side and you'll have a price on
this side some people prefer to have the
price on this side only
but it makes sense to have it only on
the right in my opinion
because we're looking at it from the
right right which makes a lot more sense
as well
so that's what i like to do so on the
background i like to have it a really
deep dark background okay did you guys
just notice what happened there
i think the default one was um yeah i'll
show you guys
what i changed over here as well oh i
actually changed it all back so let's do
that again very quickly okay
so choose whatever green color you want
just make sure it's green because you
know you want to
make sure it's reflected properly there
right choose my price line
so now it's really bright like that but
this is more of a gray background
so the way that i like to personally
have it is i like to make sure it's
black right if i click on black now we
get a very
very black type of background which
looks wonderful
so if you guys want this text right here
to be bigger
just click on this scaled text right
here so if i click on 20 now
notice how big the the text actually is
make it an appropriate size that you
guys would actually like to have it
so whatever you want okay notice my
crosshair right now
looks like this okay notice my crosshair
looks like that
you guys can go to your properties here
and then you can choose the crosshair to
whatever you like
i personally like the ones that's more
dotted like that okay but let's just
keep it on this one because it's a lot
easier to see sometimes for you guys as
well
so notice how how visible this is right
here as well
right so this should be pretty prominent
to see
as well right i'm just going to check on
my price here very quickly
all right i'm doing okay i'm doing okay
for bitcoin cash i decided to short it
just so you guys know because i don't
think it's going to get
really that much higher anytime soon
right now
so let's just keep taking a look at this
so the price line if you guys see this
right here
whenever the price is actually going
down
it's going to be red whenever the price
is going
up it's actually going to be green
right so once again the price line if
you see it red right here
it's usually generally means that people
are actually selling bitcoin right now
and they're more interested in selling
at that specific time
if you see a green it means that the
order books are actually
being green okay so let's also go to the
backgrounds well let's see what else we
can change if you guys don't like your
grids
you can get rid of these grids for
example right you can just make it black
like that
and now there's actually no grid but i i
don't like it like that at all okay i
would definitely recommend
to just keep the grids just to keep it a
little bit consistent
and you got something to contrast the
background as well
the watermarks here i'm not really sure
what the watermark is
i'm just going to leave that here for a
bit a little bit so if you guys notice
here
if you put your mouse over right there
right you can kind of move left you can
move right
et cetera you can zoom in or you can
zoom out et cetera
i don't i personally don't like to have
that there so when i go to background i
just
say always invisible now that you have
it as
always invisible when you put your mouse
over here it's actually not even going
to show up at all okay
so what else can we adjust over here so
if you guys look over here right
take a look at that if let's say i
unchecked everything right here
notice how everything disappears right
we don't really
care about the symbol description do we
we know it's bitcoin
we know it's on the bitfenix whatever we
know that all already
the most important one to have is the o
the h the l and the c which refers to
the open
the the high the low and the close
right so we'll go over that in high
detail when we actually get to
the um the descriptions or sorry when we
get to candlestick analysis
now the indicator values we don't really
care about the indicator values we know
what we're looking at already
indicator augments we don't care about
any of that indicator value
yeah we you guys might care about that
right if you care about that
you can always keep that just the way it
is right there right indicator values it
might show for example the volume or
something like that
so if you put your mouse over here on
the volume we see that
the this volume is at 29.513
k right bitcoins that's that's being
sold right now
so let's go to some more properties and
see what we can adjust
i always keep mine right on my time okay
so go to your time just to make for it
to make more sense
but just so you guys know utc time
is the time that bitcoin or that all
coins basically refer
to the daily chart okay so the daily
chart make sure you guys understand that
like for example right now it's three in
the morning here
bitcoin for me on a daily is 7 p.m
and that's when it actually shows my
open and my close
now my trading positions none of this is
really relevant whatsoever
in my opinion because we're not really
training from here right
so let's say we clicked on one of these
values over here right
the symbol value i personally like to
keep it on there right the symbol value
just like that
and then we can keep it on percentages
if you guys are curious about that as
well okay
now we're going to add some indicators
okay go to your indicator
click on this little button right there
the indicator first of all type in
relative strength index if that's what
you guys are going to be using right
click on it one time okay and then we're
also going to type in
macd right click on it one time
again and now we see it like this
what i recommend for people to do is to
make it a lot more
visible okay double click on your rsi
now that we have everything up here
maybe make the line a little bit thicker
okay maybe you can drag this to however
thick you'd like i keep mine
on the third one about there and i also
make mine very very visible
like this i make mine actually purple
and incredibly visible
now it's a lot more visible right as you
guys can see
and also this right here you guys can
make this whatever color you want
the histogram i keep mine green okay i
keep mine green
and i make it very visible and i
actually keep mine on
columns columns is a lot more visible to
means and that's the way i like to have
it
now this one right here the macd okay
the macd
is um which one is it here
the orange one i keep mine as like about
red or like maybe
reddish right red and i make it very
thick and this one here i keep it as
about bluish right and i keep it around
there as well
so now it's really visible as you guys
can notice right
you can also drag it like this to
however whatever size you'd like to have
it as well
so make sure it's comfortable to you
guys if you right click on this
right hand side here if you take off for
example last symbol value
or you can take off all of these right
symbol values etc right
you don't need to have all of these on
there if you don't like it right you can
keep it a clean chart
i personally like to have the last
symbol value on here right
and this one i don't really care about
about seeing what the r size at or what
any of these are at
so now it looks really good so one thing
i want to go over is notice how when
we're moving it
it automatically resizes everything for
us right here right
it resizes for us if you actually right
click on here
and you go to lock scale
now it actually doesn't right now it
doesn't really resize
if you go to auto scale you actually
can't move up and down
okay you can't move up and down or
anything at all only left and right
but if you right click on it and go to
lock scale now that lock scale is
actually check mark
you can move it freely up and down right
not not this one
these ones are still locked because
where we have it on auto scale
but if you want to go to unlock for
these ones as well you can if you'd like
but there's
really no point so now this one here
right you can zoom in and out with your
mouse wheel button
so if you zoom in and out just like that
it looks pretty decent to me
and another thing that i recommend doing
is putting in a moving average right
type in ema ema and it's called
moving exponential average okay and
you're gonna see this
line that shows up right there right i
would recommend
making it white or whatever color you
personally like
i keep it white and now if you go to
inputs
this is going to choose the moving
average that you can use
for example if you keep it on the 100
moving average okay
there you go now you have a moving
average so the moving average
is basically a line that will take the
previous price sample
and it's going to give you an average of
the samples right the
average of the prices that we see it
move throughout
so it's really important to have some
sort of moving average on here
now let's go over some of the other
features on here like the drawing tools
if you notice if you put your mouse on
any of these ones right there's a tiny
little button on the right hand side
okay right there on every single button
right here
you're going to see a right hand button
that will open up
a context menu for you to actually
choose different options
so this one right here is a line right
we can choose a line
and you can also activate your favorite
toolbars as well
one thing that i recommend that you do
is to stay
in drawing mode and i will explain to
you how you stay in strong mode and what
that means
let's say i am not in drawing mode right
it's right here stay in drawing mode or
this button right here as well
stay in drawing mode if i'm not in it if
i clicked on this arrow button
right and i clicked here if i clicked
left click again it does nothing now i
have to click on the arrow again
and then click i have to click on the
arrow again and then click i have to
click on the arrow again
and then click but watch what happens
when i stay in
drawing mode if i stay in drawing mode
and i click on this icon button i can
just
left click left click left click left
click
and it will actually keep drawing those
arrows for me without having to keep
clicking on that right there
so i personally love to make sure it's
always on stage drawing mode
now another cool feature that they have
if you go
right click on the con anywhere on the
screen
go to drawing tools and you can actually
make you can actually right click right
here on your
favorite drawing tools right so if you
actually starred
this right here and you started that and
you started that
and you started that then you actually
have a favorite
drawing menu where you can keep some of
your favorite things
on here you can also right click on it
and go to hide right
if you would like it back right click on
the screen go to drawing tools
then go to favorite drawing tools and it
pops back up here so let's say we wanted
to draw
a line okay this simple line right there
now another window
opens up you can choose the color to
whatever you like let's say we
chose yellow because it's very bright
this one here refers to how thick you
would want it
so for example we can choose it like
that if you right click anywhere it
actually
exits from the menu or whatever context
menu that you're in
if you click on the line another little
window pops up here where you can edit
it
if i click on a blue color it will
change it to blue if i click on yellow
it will change it to yellow if you want
to make it thicker you can do that
if you want to make it thinner you can
do that as well a really good thickness
is usually the second or the third one
that i like to play with
now the second one is the style do you
want it dotted
right do you want it like that do you
want it solid
right and these are just different
points this is an arrow that's going to
point that way
right you could have an arrow you can
have two dots like that as well
i don't really use these often to be
quite honest i just use it just the way
it is already okay
if you want to delete something click on
this
and click on delete right if you
actually would like to
get back what you had just like in any
other software you
hold down control press z and it will
bring it back up
control y will also you know it'll do
the same thing just like ctrl z control
y
anywhere else so if i go to control y
for example or control z it'll do that
let's say i wanted the exact same line
and i didn't want to draw it again
hold down your control button right
click on this line
right and then drag it and then let go
of your mouse button and it'll actually
do that it'll just drag it so keep
practicing that
hold down control click on the line
drag it and drop it it will make a
duplicate which makes it very easy
so once again hold down control click on
the line
drag it and drop it if you would like to
delete it
just hold just click on the line and
press the delete on your keyboard
click on the line press the delete on
the keyboard click on the line press
delete on the keyboard
so these options here there's a lot of
different ones and let's go over it
so annex at an angle for example which
you guys might not be using a lot of
quite yet right
and i personally don't use it a lot
either it just gives us a gauge
of the actual angle that we're working
in
right so you can click on here if you
double clicked on it right
if you double click on it you can change
the color of the text for example
you can choose the size of the text as
well and it will all change that for you
as well
so you guys are welcome to go through
all of these but then i'll show you one
that i use a lot okay the most
the ones most often i don't really use
um
like horizontal line it makes a line all
across the page okay
and this one's actually used fairly
often as you guys have seen me use
right they can be used to denote
resistances and
supports etc as well right so it's not
too bad the way that we're looking at
that
so another way that i recommend to take
a look at this
is if you want to draw it is only a line
but from a specific point for example
from right here where my
mouse is only to the right you click on
this button right here it's called
horizontal ray click on it
click down and it'll only create a line
from where you started clicking and to
the actual right
right so sometimes this is useful as
well and i'm sure you guys will get very
creative and we're going to talk about
many different ways for you guys to use
it
so one of my favorite tools as well oh i
need to
emphasize something if you would like to
look at something
with a much bigger picture double click
on
the one that you would like to look at
for example this is one section with
just the candles
this is another section with just the
rsi and this is another section with
just the macd
right if you would like to just look at
the candlestick in full screen
double click on it right you can double
click on it if you want
the really big screen you can go to full
screen right there as well right
and then just press escape to exit
there's this full screen button right
there on the top right
if i double click on it right now right
it'll actually
exit taking this specific graph so if i
wanted full screen or the bigger picture
of the rsi i would double click on this
part right here and now i get a full
picture of the rsi
okay now if i wanted for example just
the macd
in a big screen i would double click on
the macd
and it would actually give me a big
screen like this then double click again
to exit it so another really important
one that i use
is parallel channels these are my
favorite ones right here okay
i'll show you guys what parallel channel
is so this is the parallel
channel just imagine you're drawing a
normal line
okay you left click right here anywhere
left click on the first point
and then left click again the second
point and then move your mouse
up or down and it will actually make a
parallel line
so just as an example if i were wanting
to try to draw a parallel line here
i would left click here first i would
left click somewhere here
and i could draw kind of a parallel
channel like that now this one's a
little bit bright so you might not want
to be using this
specific one but you guys get what i
mean you can also extend it by moving it
like that
right you can move it up and down you
can drag it and drop it as well
by moving it up and down it's just more
so like an interface
that you guys are going to spend a lot
of time using and eventually
you'll find out what ones you like and
which ones you don't like
so i personally use a lot of i'll show
you guys the ones that i use
the most of okay i don't really use the
the pitchforks or the shift pitch forks
or the modified pitchforks as much
but if you guys use that great i use
fibonacci retracement
i use trend-based fibonacci extension
as well so if you want to use for
example if you want to star
it because you want to have it on your
favorite toolbar okay so it's on right
there you click on the little right
button
on the arrow there okay then you click
on fib extension retracement
you click on the first point and then
you click on the second point
and it will actually do that right there
right and if let's say you double click
on any of these lines
double click on say the red line or the
yellow line or the green line any of
them
double click on it and a menu comes up
now you can also remove the background
if you don't like it right you can
remove the background you can keep it
there a little bit
if you like you can have the labels
perhaps on the right side
right you can you can maybe make it on
the top you can make
maybe make in the middle as well if you
guys want to remove
some numbers you can right let's say we
remove some numbers over here we just
uncheck these and it'll slowly uncheck
everything or add more as well
and we'll find tons of features that you
guys will like and dislike as well in
here
so that that's pretty much the ones that
i use here these ones
they're not really used that often this
one is used quite often
brush right you definitely want to be
able to use a brush or a rectangle
so these are just different shapes
triangle is used a lot as well
so i start all of them over here right
you can use your brush
choose the color that you would like to
have it perhaps yellow
maybe make it a thicker one like that
and you can just draw on here
freehand okay freehand if you don't like
it what you drawing
just ctrl z and it'll actually remove
all of it if you want to draw a
rectangle
choose the colors that you would like
perhaps right and then you can draw a
rectangle just like that okay
you can choose the color that you want
inside let's say you want the color
inside
make sure it's green right there if you
don't want it to be that visible
change the transparency of it like that
as well right
you can also draw triangles click on the
triangle button
then click on the perhaps a green color
or any color you want
click on one point click on another
point and click on another point and
then now you get a triangle
if you want to change the visibility of
the opacity again
you can just click on the triangle and
there you go and that happens as well
so i'm just going to work with this
screen because that pop-up keeps coming
up right now which is really not too fun
to be dealing with right now
and if you guys just take a look with me
in my position right now
for bitcoin cash you guys are seeing
that i'm i'm on
i'm definitely profitable right now so
it's definitely looking pretty good
because bitcoin is actually falling
right now i personally believe that
bitcoin cash
is going to go to about 1 645
and that's where i plan to make about a
1 000 profit on the swing trade position
so let's just keep going back to here
now that we have the rsi
we have the macd set up already okay so
now let's go over some more features
that we have
so we have you know rectangles that
we've talked about you guys can draw
rotated rectangles as well this will
give you kind of like an
angled one right an angled one there
this one over here you guys can click on
the text button and you can write things
which i use a lot so be sure to star
that right
always make sure that you're starting
the text if you guys want to draw
right somewhere click on text click on
here you get a
little screen here change it to you know
whatever color that you guys are using
if you're using a white background you
want to choose of course a darker color
if you're using a dark background you
want to choose a bright color
bright colors like yellow and white
they're actually
very visible on the black background so
that's a color that i definitely
recommend using quite often
you can type whatever you want here
hello my name is filicon
right just something like that you
cannot change the visibility of all of
this as well
and if you guys actually want to
duplicate something hold down control
once again
click on what you would like to
duplicate and then just drag it and drop
it like that
if you don't like it just click on
delete you can also drag and drop this
to wherever you like as well
and then there's a lot of other features
here right these are
patterns for example if you're using a
head and shoulders pattern right
you can you can for example click on
head and shoulders right here
if you guys are familiar with it here
click on where you want to begin
there's your left shoulder click there
there's
your next part there's your next part
and just keep clicking where the next
ones are
and then you line these up and it'll
actually match it up like that
you can change the color to whatever you
want you can make it brighter green you
can make it purple
you can change to whatever color you
want to make it really pretty to
whatever you guys like okay
then there's these elliot waves as well
right
here's your elliott wave toolbars a b c
d e
here's a b c here's w x y z w
x y etc so here this one i use a lot as
well right
make sure you have your long and your
short position
definitely so if you have your long
position you click on long
you click on the bot anywhere on the
screen here and you get your rest to
reward
setup right here as well so these are a
lot of tools and i know it might be
overwhelming at first
but these are basically the tools that
you're going to get very much so used to
okay and it's just a matter of playing
around with it right
so the important thing to remember is
that if you're on auto scale
right you can't actually move up and
down only left and right
sometimes you don't like it like that if
you use your mouse to zoom in and out
that's what it ends up looking like and
you don't like that right
but if you actually click on here right
click there go to lock scale
now if you actually zoomed in and out it
looks like this okay
it looks a lot better right looks a lot
better and it stays proportional
so you guys are definitely going and you
can move it up and down as well that's
important
so let's say you were on auto scale and
you went to zoom in
only in this part click on this
magnifying glass called
zoom in right there okay zoom in right
there and then you can actually
hold down hold down drag and drop in the
section you want to see
release it and it will actually bring
you to this specific section that you
want to see
so that's a really cool feature that i
always recommend to people okay
very very cool feature so make sure you
guys are are getting used to
the idea of the zooming in and out often
now this button right here if you look
on the right there's always that tiny
little button arrow right
you guys will see lots of icons right
you might want to use an
arrow to point out there to point out
here to point out there
if you actually want to copy an an arrow
somewhere just hold down control
and then you can move it to wherever you
like as well okay
this is a ruler button this is a zoom
out button and that's pretty much
going over training view in high detail
guides
if you want to save any of your charts
right just go to save for example like i
can't log in there right
you can just go to save just as an
example save it
click on you know name it to whatever
you like as well if you want to load the
chart you can just click on load the
chart there
if you guys want to actually go to a
different
time frame there's this button right
here the d
you can go to three hour you can go to
you know
this one right here as well let's see if
i'm profitable now yeah i'm actually
profitable guys i'm doing okay right now
for this trade
i'm actually um quite up right now i'm
like a hundred something dollars up
maybe two hundred dollars almost
and we're going to go over that in a lot
more detail
when in one of my live trade videos that
you guys are going to see okay
so this one actually got to 123 already
not too shabby i can definitely cannot
complain about this right here
okay if you guys just take a look at my
live trades um i'm definitely
a heavy trader right i definitely make a
lot of trades throughout the day
this one actually um got down to about
123 already
if i had closed my position at 123
i would have actually been profitable by
200 bucks already
but i'm waiting for the big plays guys
i'm waiting for the big plays
and i know that you guys are interested
in my trades but i don't want to hold up
your time of course
i want to be very respectful for the
time that you guys give me
so here we're back to the trades right
make sure that you guys are remembering
a lot of these things that i'm saying
but more importantly
go over everything okay go over
everything and once again if you go to
indicators right
you go to you can go to like rsi you can
type in whatever
you'd like in there it'll show up there
you can customize it to whatever you
like there as well
right go to indicators type in ema
you get your moving average you can
double click on the moving average right
here
change it to whatever one you want for
example 100 moving average
you can change it to a white thick line
just like that okay
so this is probably going to give you
guys a very good overview of it
so once again this is the time frame you
can choose whatever time frame that you
would like over here so that's a pretty
cool
thing to do you can choose four hour you
can choose one hour
right so let's say you're looking at
bitcoin right let's say you're looking
at
you want to look at another coin like
eos for example
you can click on this little open
section eos
okay you can go to bitfinix and it'll
actually just move you right over to
bitfinix
so i'm going to show you guys something
right here okay let's say that you
wanted to look at multiple charts at
once all right
you're interested in looking at multiple
charts at once let's type in first of
all
bitcoin right here so bitcoin
right click on interactive chart it'll
open it up there
okay so close this window all right
let's see now you want to look at you
want to look at four
you want let's say you want to look at
four charts at once okay
let's say you want to look at eos as
well click on eos
click on interactive chart it'll open up
into a new tab
right close this right here let's say
you are also wanting to look at bitcoin
cash
it just has an example click on bitcoin
cash
wherever you guys would like to see it
just like that for example
click on interactive chart it opens up
right here as you guys can see
right now let's say you also want to
take a look at
um last one would be a maybe ripple
right you want to look at
ripple as well and then now you click on
ripple run bitfenix right there so then
what i do
after i have all four of these up is
this okay let me show you guys a cool
trick
now that i've got four tabs here i click
on this one
then i click on that open as pop-up then
i click on this one
i click on open as pop-up i click on
this one
i click on open as pop-up and then i
click on finally ripple the last one
i'll go to open as pop-up
right you can just do that and i for
example i can move this to the very top
right which actually snaps it to the
screen
and then if i move bitcoin cash to the
bottom right it snaps it to the screen
right
and now let's say i want to move eos to
the bottom left it snaps it to the
screen
right and now i want to i want to move
bitcoin
to the top right then there you go now
you've actually got
four very clean charts and don't forget
for each one you can actually hide the
drawing tool in there
just like that okay you can hide the
drawing tools in here as well
so it's really important for you guys to
actually
customize trading view to however you
like to trade
i personally believe that it's a very
fundamental part of trading
you've got to make sure guys that you
customize it to whatever you like
because you're going to be playing on it
a lot right
so once you customize your charts you're
going to be living you're going to be
eating you're going to be
breathing all of these charts pretty
much all day
so i highly highly recommend that you
guys put in the time
to go over a lot of the options you know
make sure you're fine-tuning it as well
to whatever you like because it will be
your bread and your butter right
so these these are really important in
my opinion to
just make sure you guys put in the time
customize it right
make sure it's pretty right you want to
be very proud of the work that you do
so i think that this is a very good
overview you guys will get a lot more
experience
under your belt when you're playing with
it because it only comes with a lot of
practice
right so without the practice you're not
going to be able to get this type of
experience for example that i have
on bitfinix or not just bit fittings but
on trading view
a lot of charts actually like binance
for example or even bitfinix
what they do is they actually use charts
directly from
trading view so they kind of share the
charts like that right
so yeah so i hope that this has given
you guys a really good
insight on how to use trading view and
how to customize it
and especially how to set it up like
this so you can have some beautiful
screens here
at all times right this looks gorgeous
in my opinion
i personally use only two 32
inch monitors so you can imagine how
much i can actually
fit on a single 32 inch monitor right
which is actually quite a bit of
information in general i usually keep
six charts
on one screen and the other one i just
keep it for watching movies or just
surfing the internet in general
so i hope i've given you guys a lot of
insight and especially i've helped you
guys out in one way or another
with learning how to use training view
and i really appreciate your time and
your effort and your love and your
support especially
if you guys have any questions please
please make sure you reach out to me
you guys are my students i appreciate
the fact that you guys are supporting me
there's a question and answer or there's
a question tab
right down below here for udemy since
you guys have absolutely put in the
the finance right to fund your specific
learning for this which i really do
think it's an invaluable part
of trading you guys are going to take a
lot away from this package right
make sure you are also making taking it
to the fullest advantage right
ask your questions guys ask your
questions
i sincerely mean it i want you guys to
ask as many questions as you can and i
will be sure to reply to you guys
within 12 to 24 hours as soon as i see
it guys
i'll be making sure that you guys are
gonna get a very good answer from me
as soon as possible so thank you very
much guys for joining me for lesson six
it's been a pleasure teaching you how to
use training tradingview
please ask those questions if i can help
you further down the road
and i really look forward to to see you
guys for lesson number seven
and lesson number seven just to give you
guys a quick overview of the next one
we will be talking about what our
technical indicators right
and how are they used so what are the
importance of technical indicators
we're going to talk about confluence how
do we find
confluence which is basically finding a
way for everything to match up
how to align the stars how do we
increase
our probability of being more right than
wrong why is my winning ratio well over
75 percent
right it's because i look for confluence
and i really look forward to see you
guys in lesson number seven that's
coming up in the next class
and i hope you guys have had a
tremendously fun time learning
and most importantly i hope that you
guys have taken
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