How to Read a TradingView Chart Like a Pro

How to Read a TradingView Chart Like a Pro

Master the basics of TradingView charts, including candlestick patterns, indicators, timeframes, and drawing tools to elevate your technical analysis skills.

A Beginner-Friendly Guide to Navigating TradingView Like a Pro

If you're new to TradingView or technical analysis, this guide will walk you through the essentials of how to read and use a TradingView chart effectively — so you can spot smarter trade setups and gain more confidence in your decisions.


🧱 Understanding the Chart Layout

When you first open a chart on TradingView, you’ll see:

  • The main price chart — usually set to candlesticks by default
  • Timeframe selector — changes the interval (e.g. 1m, 1h, 1D)
  • Indicators toolbar — lets you add tools like RSI, moving averages, etc.
  • Drawing tools — for trendlines, support/resistance, fib levels, and more
  • Watchlist & settings — manage assets and customize the interface

🕯️ Reading Candlestick Charts

Each candlestick shows four key values:

  • Open: where the price started
  • Close: where the price ended
  • High: the highest point reached
  • Low: the lowest point reached

Green candles usually mean price went up, red means it went down.

Look for patterns like:

  • Doji (indecision)
  • Engulfing candles (potential reversals)
  • Wicks/spikes (liquidity hunts)

⏱️ Choosing the Right Timeframe

Timeframes matter. Use them based on your trading style:

  • 1m–15m: Scalping and intraday setups
  • 1h–4h: Swing entries and structure
  • 1D+: Higher time frame bias and macro analysis

Pro tip: Use multi-timeframe confluence — confirm a setup across different timeframes.


📊 Adding and Using Indicators

Click on the Indicators button to search thousands of tools — both built-in and community scripts.

Popular ones include:

  • RSI (overbought/oversold signals)
  • MACD (momentum shifts)
  • Moving Averages (trend direction)
  • Volume Profile (where price spent the most time)

Avoid clutter — less is more. Only use what helps your strategy.


✍️ Mastering Drawing Tools

TradingView’s drawing features let you mark up charts like a pro. Try:

  • Trendlines to highlight market direction
  • Support & resistance levels to identify key zones
  • Fibonacci retracement to find high-probability pullbacks
  • Boxes/zones to visualize areas of interest (e.g. order blocks or FVGs)

Your markup should help you see the story price is telling — not distract from it.


⚙️ Pro Settings to Know

In the settings gear, you can:

  • Customize colors and wicks
  • Enable/disable session breaks
  • Adjust price line and scales
  • Enable auto log scale for large charts

Personalizing your chart makes analysis faster and easier.


🚀 Take It to the Next Level

TradingView also lets you:

  • Save layouts for different strategies
  • Create alerts when price hits a level
  • Use Pine Script to build your own indicators
  • Share charts with the community or embed in websites

If you're serious about trading, learning TradingView is a must.


Final Thoughts

TradingView is more than just a chart — it's your battle station. When used right, it becomes a powerful ally in your trading journey.

Keep things clean, build routines, and focus on clarity over complexity.


– PatrickWS