How To Use TradingView Drawing Tools | Trading Tutorials

In this video we will go through all of the drawing tools on TradingView so that you can master them. This how to trade tutorial will give you all the tools you need to fully customize your TradingView drawings.

00:00 – Intro
00:22 – Cursor Tool
04:00 – Trend Line (Foundation)
05:13 – Quick Menu
06:35 – Styling Options
07:55 – Drawing Alerts
08:50 – Locking Drawings
10:19 – Object Tree
11:54 – Saving Drawing Templates
15:18 – The Full Settings Menu
17:35 – Drawing Stats
19:55 – Adding Text To Drawings
20:55 – Entering Coordinates For Drawings
22:06 – Timeframe Visibility
23:38 – Other Line Drawing Tools
28:54 – Anchored VWAP
30:12 – Fibonacci Tools
33:33 – Shape Tools
37:00 – Text Tools
40:26 – Pattern Tools
41:21 – Forecasting Tools
44:44 – Icon Tools
45:42 – Measure & Zoom
46:30 – Magnet Mode
47:34 – Master Controls
48:58 – Object Layering
49:48 – Favorite Tools

Tradingview has a robust drawing tool set that will allow us to create whatever custom drawings we would like on the charts we are analyzing. The ability to save drawing templates, and group things in the object tree, makes it so that we can see what we want, when we want.

To start, its important to know that the trend line tool will serve as a foundation for making nearly every other type of drawing inside of the platform. When we click and activate the tool, we can start drawing our two anchor points. Once a trend line is on the chart, we are presented with a few things on the screen. A quick menu, as well as highlighted price and time axis where the trend line spans.

In the quick menu, we have the option to save an appearance style as a template or reset to default from whatever the last saved style was. The next grouping of options in the quick menu are how we change the appearance of the line / drawing in the first place. Almost all of the tools will have some sort of stroke or fill that can be changed in terms of color, opacity, thickness, as well as solid, dashed or dotted. After the appearance settings we get the gear icon for the full menu which we will discuss in a moment. Beyond the gear, we have alerts setup based on the drawing, lock and remove the drawing, as well as visual order and cloning drawings.

If a drawing is hidden, the only way to unhide it is to open up the object tree and turn its visibility back on. You can access the object tree in Tradingview by right clicking on the chart and opening it manually that way, or by clicking on the little layer icon in the bottom right hand corner of the screen. In this view we can group drawings, turn them on and off in bulk, delete drawings in bulk, re order them and even clone drawing sets.

In the full menu, we have many of the same style settings that were displayed in the quick menu. We can also elect to change properties of the line like its extensions left and right, as well as the information associated with the line. Text can be added to help describe what the line is for, and of course the size, color, and boldness can be adjusted here as well. To make the line a bit more precise you can adjust the coordinates, but do be mindful that the bar position is based on the last historic bar, which is seemingly set arbitrarily by Tradingview. Lastly the visibility on different timeframes can be controlled in the full menu to elect where the line shows up. Do you want only weekly support/resistance drawings? Change visibility to weekly only. Daily? Daily... so on and so forth.

A few honorable mentions would be:

- Ray
- Horizontal ray
- Parallel channel
- Linear regression channel
- Anchored VWAP
- Fibonacci (Retrace & Extension)
- Geometric shapes (magnet)
- Text vs Anchored Text
- Tweets / Ideas
- Patterns / Time Cycles
- Predictions
- Long / Short positions
- Measuring tools
- Fixed range volume profile
- Iconography
- Rocket, Magnet, Anchor, Target

Lastly, there is the ability to make a favorites tab by indicating a start next to the drawing tool in the menu. From here activate the favorites tab and have the primary tools at your fingertips anywhere on the screen.

#OptionsTrading #TradeIdeas #TechnicalAnalysis

DISCLAIMER: The information provided in this video is for informational purposes only. It should not be considered financial or legal advice. I am not a Registered Investment Advisor. Buying and selling financial instruments is highly speculative and carries risk.

[remyrb]

Being honest with you, I've been trading for quiet a longtime and I've never used TradingView at its full capacity. I came to this video and Thank you so much for the full explanations, really appreciate your time!!!

[wbfkoyn]

Thank you guy, I just moved from MT5 to learn something new and this clip helps me a lot :)

[feoxrsx]

Thank you for this! Certainly a big help for beginners like me.

[JohnVC]

For people that feel like their charts are getting cluttered with drawings... Remember that you can save charts under a different name. So for example I can save a chart called Spy1 for intraday trading which is very clean and just has levels. Then I can have a chart called Spy2 which has my trend lines, fib levels, etc. So if I'm trading the Spy I'll have these two charts open and tab between them. So I can trade the clean intraday chart on a 5 minute time frame but then tab over to the 30 minute chart with fibonacci's etc. for big picture stuff.

[gmoney]

Such a great video Matt, thanks a ton for doing this!

[ByronPhuket]

I am working through many of your older videos and have just watched this, learned so many new functions in TV, and would urge any new users of TV to get their heads into this video. Thank you Matt onward to the next one.

[PauloLubota]

Many thanks. This video has really been helpful

[dbakes]

Thanks Matt, always so succint, clear and concise!

[axelstuart]

Thank you for everything you do and show.
I only watched the first few minutes, so I can't say much. I would add (if it wasn't mentioned later on):
You can lock/unlock auto on price-scale by scrolling with mouse-wheel while mouse is on the scale.
I think you can show all the options on the tools by right-clicking them.

Just some things people might prefer.

[xilverxurfer]

Thanks for this.. very helpful information indeed.

[BigThompy]

I regularly watch your live stream and weekly/daily videos. I’m stoked to have found these older videos. I learned quite a bit from this video and really appreciate all your work and help. ✌🏻🧡

[Garen]

this was an amazing video, very well explained and demonstrated. thank you! ive been using TV for over a year now, but gave this video a try, cant believe i went this long w/o saving templates for lets say trend lines or use grouping… massive time saver

[GidzzyBenBTC]

You are truly a good teacher for real thank you brother I really appreciate 🙏

[smuller]

Super helpful overview! Thanks a bunch!

[garhoo]

Thank you I learned quite a bit and reduced my fear of Trading View

[llal-India]

Great video, learned so much in a single video. Thank you very much

[colintmcc]

This is amazing, thank you!! And yes please, will take as many of these, going as in-depth as possible, as I can get!

[AnklaTD]

OH MAN THANK YOU SO MUCH... I have a year using it and I just realize that I don't have any idea about how do use most of the tools...

[sharifmohammadtanveer]

thank you very much, that helps a lot

[Melchiorplissart-clrl]

thank you so much for all the effort put in this video. It's so good