How to use the Multi-layout feature?If you track several markets or if you need to track multiple symbols simultaneously, the multi-layout feature is the way to go. It enables you to track different markets or the same symbol simultaneously on different time frames. This particularly comes in handy if you trade indices and need to track the constituents to observe their price behaviour.
Example : If you trade Bank Nifty index futures or options, you can track the top constituents of the index. This will help you in assessing which constituents are pulling up or dragging the index and how the overall move can unfold.
This short visual guide will help you in accessing and customizing the multi-layout feature. Let’s get started!
1. Open the homepage of TradingView, go to “ Products ” and then open your chart layout.
2. Once you are on the chart page, you’ll see a small square icon at the top-right hand side of the screen. This is the “ Layout ” option. Click on it to view different available options.
3. As soon as you click on it, you’ll be greeted with a small window showing various combinations of horizontal and vertical layouts .
4. You can select the desired layout as per your needs. The vertical layouts look great on monitors in landscape mode, whereas the horizontal layouts go with portrait mode.
Please note that the number of charts per tab varies with the subscription type. The limit is as follows:
Free plan- 1 chart (Can’t use the multi-chart feature)
Pro plan - 2 charts
Pro+ plan - 4 charts
Premium plan - 8 charts
If you need to upgrade your account, be sure to check our Black Friday sale . You can get up to 60% off on subscriptions.
5. As we mentioned earlier, the multi-layout feature enables you to track several markets simultaneously or the same symbol on different time frames.
Example: Tracking different markets
Example: Tracking the same symbol on different time-frames
Observing the same symbol on multiple time frames provide easy insight into the multi-time frame analysis.
6. There are also a few synchronization options. You can synchronize the symbol, interval, time, crosshair, and date range between the charts. You can just select the sync option by just clicking on it.
Thanks for reading! Hope this was helpful!
See you all next week. 🙂
– Team TradingView
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Timeframe
Trading Style verses Trading TimeframeHi all 👋
We all know about three types of trading styles -- investment, swing trading and day trading.
Yet most traders remain confused when it comes to trading timeframes. Through this post I just want to eliminate this confusion once and for all.
Let us understand some basics....
✅ Anchor Chart
This is the chart used to determine the trend of the market. It conveys a trader whether the market is in uptrend, downtrend or sideways. It sets a bias for the trader. It also conveys us the information about the major support and resistance levels. These levels may provide excellent trading opportunities in future.
✅ Trading Chart
Now that we know the trend through the Anchor chart, we have to take our trading decisions. Anchor chart is too big to take trading decisions. Reason being your stop loss would be too wide if you trade on the basis of Anchor chart, so we have to shift to a lower timeframe. This time frame is usually 4-5 times lower than the Anchor chart time frame. This lower time frame helps a trader to pinpoint his entries and decide upon his stop-loss to avoid unacceptable losses. Also minor support and resistance levels are more clear on this chart.
✅It is your trading style which determines your trading timeframe. For more clarity, refer the chart above.
⏰ Bro tip
🚩Anchor chart helps you to trade in the direction of trend.
🚩When the trend is up on the anchor chart we should look for only buy set-ups on the trading time frame.
🚩When trend is down on anchor chart, we should look for only selling opportunities on trading time frame.
🚩When trend is side ways, buy at the support and sell at the resistance.
Hope this post will be useful for some traders and to the very least reduce the confusion regarding timeframes.
Thanks for reading
@Bravetotrade