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  1. #1
    Rookie Member Arseny's Avatar

    Question TradingView Vs MT4 !!!

    Hi Guys! This is my 1st post in the Beginner's Lounge.

    I'm complete newbie and I've started to dig into the binary options around a month ago. So during my working hours at my job desk I read a lot, when I have a spare minute. Naturally I also try to play different strategies I learn on demo account. Unfortunately I can't install MT4 or use FreeStockCharts (as I have additionally install Microsoft add-on), therefore I use TradingView to try out some strategies (mainly "on-paper") and to learn.

    Do you think it's actually worthwhile using TradingView at all? Because I found many indicators are called differently or look totally differently.

    Thanks everyone in advance for your opinion

  2. #2
    Moderator Kolyo's Avatar
    TradingView can surely help you gain some experience and understand the market behaviour but if you want to seriously trade binary options you need Metatrader or some other demo platform installed. You can try also OANDA demo platform or Ducascopy demo. They are java based and donít need installation. Also you can try placing your demo binary trades directly here in CommuniTraders 2.0 platform. It is really great place to start your learning process Wish you good luck and many ITM trades.
    "The goal of a successful trader is to make the best trades. Money is secondary." - Alexander Elder

  3. #3
    Rookie Member Arseny's Avatar
    Thank you Kolyo! I had to stay home today and played with CommuniTrader (with the assistance and information coming from MT4). I'll try those 2 you've recommended.

  4. #4
    Specialist Member LesterK's Avatar
    Are you sure thereís no way for you to find a computer that you can install MT4 on? Itís really the easiest and for me the best platform for demo trading.

  5. #5
    Rookie Member Arseny's Avatar
    Yes, at my home PC I also use MT4 and for me as a newbie it works best. On my job desk I have to ask IT guys to install anything additional. Naturally they would need the explanation why for my daily sales activities MT4 is required

  6. #6
    Veteran Member Dan21's Avatar
    If you have the chance to use MT4 than TradingView only in the office is perfect for practice. It could not be enough if you use only TradingView, but clearly youíre not missing on MT4.

  7. #7
    Moderator Kolyo's Avatar
    Quote Originally Posted by Arseny View Post
    Yes, at my home PC I also use MT4 and for me as a newbie it works best. On my job desk I have to ask IT guys to install anything additional. Naturally they would need the explanation why for my daily sales activities MT4 is required
    Haha I understand you very well but if you are planning to trade seriously you need at least basic trading software installed. I can propose you to check if you are able to run the oanda fxtrade platform. It donít need installation, just java on your computer and if you donít have java you can always ask your tech guys to install it because it is necessary for everything
    "The goal of a successful trader is to make the best trades. Money is secondary." - Alexander Elder

  8. #8
    Active Member botsog's Avatar
    you may use netdania... it's also web based like tradingview...

  9. #9
    Moderator Kolyo's Avatar
    Yes, that's good idea too.
    "The goal of a successful trader is to make the best trades. Money is secondary." - Alexander Elder

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