Tradingview is an online trading and technical analysis platform that allows users to monitor the financial markets. Create trading strategies and execute trading orders on many different exchanges. ICMarkets is one of the world’s largest and most reputable forex exchanges, providing customers with the best trading conditions. In this article, Learn Forex Trading will guide you on how to connect and use Tradingview to trade effectively on the ICMarkets forex exchange, as well as evaluate the pros and cons of Tradingview ICMarkets .
How to connect and use Tradingview to trade effectively on the ICMarkets forex exchange
To connect and use Tradingview to trade on the ICMarkets forex exchange, you need a Tradingview account and an ICMarkets account. You can register for a free Tradingview account here and an ICMarkets account here. After having an account, you can connect and use Tradingview to trade on ICMarkets in two ways: on the phone version or on the computer version.
Use on ICMarkets phone version
To use Tradingview to trade on the ICMarkets phone version, you need to install the Tradingview application and the ICMarkets application. You can download Tradingview and ICMarkets applications for Android on Google Play or App Store.
After installation is complete, open the Tradingview application and log in to your account. Select the menu icon in the left corner of the screen, then select “Trading Panel”. Select “Connect Broker Account”, then select “ICMarkets” in the list of supported exchanges. Enter your ICMarkets account username and password, then select “Connect”. You will see a message confirming a successful connection.
Now, you can use Tradingview ICMarkets. You choose a market you want to trade, then select the “Trade” icon in the right corner of the screen. You will see a trade panel appear, allowing you to enter information such as quantity, opening price, stop loss and take profit order prices, and order type (buy/sell, market price/reservation price).
Enter the information as desired, then select “Send Order” to send the transaction order. You can also view your trading history, account balance, and open orders by selecting the “Account” icon in the upper right corner of the screen.
Use on ICMarkets computer version
To use Tradingview to trade on ICMarkets computer version, you need to visit Tradingview’s official website and log in to your account. Select the menu icon in the left corner of the screen, then select “Trading Panel”. Select “Connect Broker Account”, then select “ICMarkets” in the list of supported exchanges. You enter your username and password of your ICMarkets account, then select “Connect”. You will see a message confirming a successful connection.
Now, you can use Tradingview to trade on ICMarkets. You choose a market you want to trade, then select the “Trade” icon in the right corner of the screen. You will see a trade panel appear, allowing you to enter information such as quantity, opening price, stop loss and take profit order prices, and order type (buy/sell, market price/reservation price). Enter the information as desired, then select “Send Order” to send the transaction order. You can also view your trading history, account balance, and open orders by selecting the “Account” icon in the upper right corner of the screen.
>>>See more: Instruct with an ICMarkets open account swiftly
Advantages and disadvantages of Tradingview ICMarkets
Tradingview ICMarkets is a perfect combination of two leading platforms in the field of technical analysis and forex trading. However, there are also advantages and disadvantages that you need to know to be able to use it most effectively.
Advantages of Tradingview on ICMarkets exchange
Latest technical analysis tools today
Tradingview allows you to use Tradingview’s most recently updated technical analysis tools to analyze the market. You can use technical indicators, price patterns, trend lines, support and resistance zones, and many other tools to analyze trends, momentum, volatility, and trading opportunities. Translation of currency pairs.
Use drawing tools, mathematical formulas, programming scripts, and customization features to create your own indicators and trading strategies.
Social features
Use Tradingview ICMarkets ‘ social features to follow, learn, and interact with millions of other traders worldwide. You can view, comment, share, and copy trading ideas from leading analysts, as well as participate in trading competitions and receive rewards. Update information to grasp attractive ICMarkets deposit bonus programs.
Trade forex directly on Tradingview
Tradingview allows you to trade directly from the Tradingview chart without going through the ICMarkets app or website. You can execute trading orders quickly and accurately, as well as manage open orders, stop loss, and take profit orders conveniently. You can also view your account balance, profit, and risk on Tradingview charts.
Use on multiple devices
Tradingview allows you to use Tradingview on a variety of devices, including computers, phones, and tablets. You can synchronize your settings, indicators, strategies, and trading ideas across all devices without the hassle of re-installation. You can also receive notifications about market events, news, and trading alerts on your device.
Disadvantages of Tradingview ICMarkets
Tradingview requires you to have a Tradingview account and an ICMarkets account to connect and use. If you don’t have an account, you must register and verify your account before you can trade.
Only supports forex trading on ICMarkets. If you want to trade other assets such as stocks, crypto, precious metals, or commodities, you must connect to other exchanges that Tradingview supports. However, not all exchanges have good trading conditions like ICMarkets. You may have to accept higher spreads. Limits on the number and type of trading orders.
There may be some technical issues when connecting and trading between the two platforms. You may not be able to send or cancel orders or view your account balance or transaction history. Or can’t receive transaction alerts. You may also lose connection to ICMarkets due to network errors or system maintenance.
Experience using Tradingview ICMarkets
For effective and safe use. You need to note a few things:
How to add markets to Tradingview charts
To add the markets you want to trade to the chart you can do the following:
Select the “Symbol” icon in the upper left corner of the screen. The example here is the ICMarkets XAUUSD chart. You can filter results by asset type, exchange, country, or popular index.
Select the market you want to add to the chart from the list of results. You will see the chart of that market appear on the screen. You can customize the time frame, chart style, colors, and technical indicators as you like.
Repeat the above steps to add more markets to the chart. You can switch between markets by selecting their names at the top of the chart. You can also view multiple charts at once by dividing the screen into sections.
How to customize the settings of the markets
To customize the settings of the markets you have added to the ICMarkets Tradingview chart, you can follow these steps:
Select the name of the market you want to customize at the top of the chart. Then select the “Settings” icon on its right side. You will see a dialog box appear. Allows you to adjust settings such as quantity limit, order execution price, stop loss price and take profit. Transaction order type (buy/sell, market price/reserve price).
Enter or select values as desired. Then select “OK” to save the settings. You will see the new settings applied to that market’s chart. You can check the settings again by selecting the “Settings” icon again.
You repeat the above steps to customize the settings of the other markets you added to the chart. You can copy settings from one market to another. Select the “Copy Settings” and “Paste Settings” icons in the lower right corner of the dialog box.
>>>See more: What is ICMarkets? Is it a leading forex platform?
How to remove markets from charts on Tradingview ICMarkets
Remove markets that you do not want to trade from the trading view chart. You can follow these steps:
Select the name of the market you want to delete at the top of the chart. Then select the “Remove” icon to the right of it. You will see a confirmation message to remove the market from the chart. You select “Yes” to confirm.
Repeat the above steps to remove more markets from the chart. You can clear all markets from the chart by selecting the “Clear Chart” icon in the bottom right corner of the screen.
Thus, the article on Learn Forex Trading has guided and shared experiences in using Tradingview ICMarkets. Hope you will have interesting and effective trading experiences. Thereby helping you earn maximum profits when trading in the forex market.
FAQ
How to connect TradingView with ICMarkets on the phone?
To use Tradingview to trade on ICMarkets phone version. You need to install the Tradingview application and ICMarkets application. You can download it on both Google Play/App Store platforms.
How to connect TradingView with ICMarkets on the computer?
Visit the official website of Tradingview and log in to your account. Select the menu icon in the left corner of the screen, then select “Trading Panel”. Select “Connect Broker Account”, then select “ICMarkets” in the list of supported exchanges.
Is it possible to remove markets from charts on Tradingview ICMarkets?
You can remove markets from the chart by selecting the name of the market you want to remove at the top of the chart. Then select the “Remove” icon to delete.
