Comments on: TradingView Review: Why I Stopped Using Metatrader

By: Matthew Slabosz

Matthew Slabosz — Tue, 06 Nov 2018 07:55:07 +0000

Great points Hugh! I know this is an old post but I couldn’t agree more. TradingView is a brilliant charting service, I’d be lost without it. I enjoy MQL functionality but for analysis you cannot beat TV.

By: Hugh Kimura

Hugh Kimura — Sun, 16 Sep 2018 20:24:04 +0000

In reply to Ken.

A similar workaround can be done in MT4, but you cannot setup one chart profile (4 screens/timeframes) and review each pair with that same profile or chart setup. You need to setup each PAIR individually and save each one as a profile.

That is a waste of time, especially if you trade 27 pairs. If you accidently delete a profile, guess what? You get to set it up all over again.

On top of that, if you don’t back up your MT4 profiles, you have to start all over when you reinstall MT4 or if you have to setup a second trading computer.

Since TradingView is cloud based, all of your preferences are available at any computer.

MT4 is old tech. It’s still a decent platform, but the software is stuck in 2009.

By: Ken

Ken — Sat, 15 Sep 2018 02:50:55 +0000

#3 Multi Time Frame Analysis is wrong. Metatrader can set up and tile as many charts with as many different time frames and zoom settings and indicators and anything else you want to see. I typically use the same set up he shows for TradeView and says is not possible on MetaTrader 4.

By: Hugh Kimura

Hugh Kimura — Thu, 10 May 2018 04:56:13 +0000

In reply to Joseph.

Hi Joseph,

Thanks for stopping by and I’m glad that it was useful. Cool, your background should come in handy. The only other thing I would suggest is to match your trading strategy to your personality and how you view the world. If you haven’t downloaded the free PDF on the homepage yet, read through it and that will get you started.

Hope your testing is going well!

By: Joseph

Joseph — Tue, 08 May 2018 16:58:23 +0000

Hi Hugh, thanks for the post. Very useful. As a beginner, I have been evaluating tools and I think that, for now and the future, TV is and will be the best option. Before reading this post I didn’t know about backtesting… Thanks for that comment, too. I will get in that with Forex Tester and build my own strategies

I have analytical skills, finance/statistical background and programming experience.. and I want to capitalize all that in making my full-time income with professional trading. Any more advice for a newcomer with this approach? Hope to hear from you

Thanks in advance,

Joseph
Quito, Ecuador

By: Hugh Kimura

Hugh Kimura — Fri, 20 Apr 2018 21:06:19 +0000

In reply to Jay.

It really depends on your situation and the amount of money you are trading. But here’s where I would recommend starting: https://www.tradingheroes.com/which-broker-is-the-best-forex-broker/

By: Jay

Jay — Thu, 19 Apr 2018 12:41:31 +0000

hugh, any advice or article for choosing a broker (i live in the usa too)?

By: Hugh Kimura

Hugh Kimura — Sat, 14 Apr 2018 23:12:30 +0000

In reply to Scott@fatbeetrader. Thanks Scott. Yeah, it would be nice.

By: Scott@fatbeetrader

Scott@fatbeetrader — Wed, 11 Apr 2018 07:00:59 +0000

Nice article Hugh,
It would be nice to be able to trade directly with MT$ broker through Trading view charts.
If only they offered someway to hook up on any brokers mt4 account to trading view….
That will be the day

By: Hugh Kimura

Hugh Kimura — Mon, 29 Jan 2018 23:17:09 +0000

In reply to Matt. Probably, but it's always a slow process. I think TradingView will end up dominating in the way that Metatrader has.

By: Matt

Matt — Sat, 27 Jan 2018 18:22:05 +0000

In reply to Hugh Kimura. ah really? too bad. i have to wonder if they plan on adding more eventually though.

By: Hugh Kimura

Hugh Kimura — Fri, 26 Jan 2018 18:13:14 +0000

In reply to Marc. Hi Marc, Thanks. They are constantly changing the feature sets, so that might be the case. I'm probably grandfathered in on the old plan.