All language subtitles for captions3cryifbn

good afternoon everybody how are you all

doing today and welcome to lesson number

six and lesson six will actually be how

to use trading view

how to set it up as well and how to make

the best use of it

and using the indicators that i used

already right now

i hope you guys have had a wonderful

time in my lesson so far

so if we just take a look at what we've

covered so far right

in lesson number one we talked about the

introduction class

which talked about a lot of the

different terminologies

that we use in the day-to-day lingo i

know that you guys are probably a lot

more fluent now

when it comes to watching tactical

analysis and understanding what a lot of

these people

are saying in lesson number two we

talked about what separates

a superstar status from the mediocre and

we were talking about emotions

risk management and how to trade like a

casino we want to make sure

that we focus on high probability setup

trades

and especially make sure that we stick

to high risk to reward setups that we'll

actually use

that would yield a very large return

compared to what you can actually

lose and make sure that you're always

sticking to your stop loss as well

the stop-loss is definitely one of the

most important things that i can

emphasize

it's a way to minimize our losses

because we have to remember that we have

to know how to protect

how to preserve our our money that we've

actually made already

this way we can actually focus on

growing it as well

and in lesson number three we talked

about dollar cost

averaging and the importance of

laddering your buys

if you know how to ladder your buys as

it's going down and down

and down and down you're gonna have a

much much

much higher chance of making sure that

you

you're stable when it comes to averaging

out the

the cost of your position there i'm sure

you guys have all been in the situation

where you've only purchased from one

specific situation and you're entirely

stuck

right but dollar cost averaging and

laddering your buys

is a great way for you to focus on how

to make sure

that you're slowly slowly slowly slowly

buying and you average out the cost to

get the best average pricing

and then level four we spent a great

deal of time talking about the level two

order books there

and i'm sure you guys know how to read

it extremely well now where you can talk

about the biz and the ask

and it also gives you very good

real-time momentum changes

and level in lesson five we talked about

what is going long

what is the definition of shorting what

is margin trading and what are the risks

and always remember what i what i've

said right make sure you guys are not

leveraging

i just had to go over it to discourage

you guys

from leveraged trading because if you do

leverage

unfortunately it's a great way to blow

your entire account guides and a lot of

people end up doing that

and i don't want to see you guys as one

of the people that are actually blowing

your accounts or getting liquidated

so first of all let's talk about the

importance

of a chart what is a chart guys huh i'm

sure you guys have

all seen this before and it's probably

complicated if you have never

seen this before right i know that the

first time that i looked at this guys

i've got so many stories that i could

tell you i used to look at it and wonder

what the heck are these things

and i would guess so much and it was so

much work and effort

for me to actually figure this out on my

own and i spent

like hundreds hundreds guys thousands of

hours

just you know researching all of this

material which i'm going to compress for

you guys so you'll know exactly what's

necessary

i honestly wish i had this exact video

that i'm gonna make right now

not to put myself on a pedestal or

anything but i kid

you not that if this video was available

when i first started trading it would

have just

changed my life guys right if someone

actually told me

everything that i actually needed to

know what is a chart

okay a chart is a story

that is honestly what it is it is a

story that tells you what is happening

in the market over time right

it gradually moves from left to right

and every time

something happens it actually leaves a

trail for us to read clues right

so when we're seeing these clues we try

to look at the past

that can actually help us evaluate what

could happen

in the future and all these candles

and everything that you see such as

indicators as well

what they do is they give you clues and

they

tell you the strength in the market what

is happening at a specific time

what is happening in what happened in

the past before

how much of something has happened as

well so the way that i see

charts is simply just as a beautiful

story

that is being told and once we know how

to read

this story right this is a very

different language guys

super different language but once you

actually learn

in high detail how to actually read all

this information

in the chart it is no different than

picking up an actual book

and reading it as if it were a story

right

and once you learn these skills right of

course there's still going to be some

element where you may be wrong

right because some of it's going to be

guesswork but the majority of it will

make a lot of sense right

think of it as a game i see i personally

see it kind of like a puzzle right

it doesn't have an actual answer but we

try to find clues that will make us

lean one way much more than the other

way

so i love charts and what we have to do

is we have to customize it to

our personal liking right so this is the

way that i have

mine set up right here as you guys can

see right and we're going to go over

how i personally set it up so it'll give

you guys a gauge

of how you might possibly like your

setup as well

so make sure you guys understand that

charts tell a story

and they are a beautiful story that they

tell

and once we learn how to interpret and

decode

this information that we find in the

charts it's going to be beautiful

so just to give you guys a quick

overview at the bottom

is the timeline right it goes over time

right in this axis over here

and in this axis this is the price right

this is the lower price and

this is the higher price end so we

always move from left to right

and the prices will always go up and

down up and down

so for example if you see it right here

what you're going to see

is the price right here at 9 500 it

means

it went down because it went from up to

down so let's get into this guys and

let's learn how to customize trading

view because i'm

really excited to teach you guys how to

customize it and start our official

lesson number six

blowing your accounts or getting

liquidated so today we're going to talk

about the necessity of charts

and how to customize it with trading

view so make sure you guys are heading

over to trading view over here

create an account of course i personally

use the free one

i go back and forth with using the the

professional one

it just really depends on my mood

sometimes i feel like having the rsi

alerts

sometimes i don't want to have the rsi

alerts and it doesn't really matter too

much but we're going to go over

what the free one can actually allow you

guys to have

so the first thing you guys want to do

is you want to when you're on the main

page here

where it says under ticker make sure

it's on ticker and then type in

for example bitcoin right btc you want

to type in the ticker here

and then we're going to get to the main

page that's going to allow you to learn

how to customize this and we're going to

go over

every single option here i personally

use

black as my background as you guys saw

already

and i'll show you guys how to customize

all of it from the beginning

i personally use black because i just

like the color a lot better

when you're constantly staring at a

screen white can be

too contrasting and it can actually burn

your eyes over time excuse me i just

have to cough for a second excuse me

here

all right so type in btc and head over

to any exchange that you personally

train on

i'm going to go to bitfinix because

that's where i personally trade

and first of all i actually want to show

you guys something in the chrome store

okay

so this is a really really good option

for you

oh actually it's already up there my

mistake okay so chrome store

i personally use this extension right

here it's called

open as pop-up okay whoops

open that as pop-up right here okay

it's this little guy right here open as

pop-up and what it actually does

is notice how you're seeing all the

bookmark toolbars right here

and notice how you're also seeing the

address bar here as well right

if you click on it it actually makes it

look like a pop-up style

where it actually removes everything

over here just so you guys know okay

so i highly recommend that you guys get

this pop-up

opener as well it makes everything look

like a pop-up it removes the toolbars it

removes the bookmarks it removes the

address bar as well and we'll get into

why

this is really awesome for you guys to

customize it like this

so after you've typed in bitcoin what

you want to do is you're going to see

this chart over here

we're going to ignore everything right

here and we're going to click on

interactive chart all right now once you

click on interactive chart you get all

this

welcome start etc etc we're going to

skip

we're going to skip this beginning part

right here because i'm going to be the

one that's going to instruct you guys of

how to use this properly and accordingly

so you have this little toolbar on the

side over here that has your watch list

right we're going to ignore

all of this and just focus on the chart

you can hide this widget by clicking on

this little show widget

or hide widget button as well you can

also hide this on the left right you see

all these toolbars over here

okay see all these toolbars over here

you can click on this tiny little arrow

which will actually hide and show it so

once again

this one here has a widget when you guys

first open it you're gonna see it like

that every single time right

you can just hide it like that this one

here you can just right click on this

panel

right there okay you can right click on

this panel

and just go to hide as well because what

we want to focus on

is basically just this over here and

nothing else

so if you guys notice here this is where

your time frames are

you can go to two hour chart you can go

to

a four-hour chart for example okay and

you can go to a daily chart and we'll

keep it here for now

so let's first of all go to we're gonna

right-click on here

we're gonna right-click and we're gonna

go to properties okay there's also a

dark theme as well right that people

like to use here

so i personally like to use the dark

theme it's actually a lot

easier on the eyes right if you go to

color themes you can go to light

if you go to color themes here you can

go to dark i personally like to use the

dark one because

it's so much easier on the eyes guys so

much easier

so let's also right click on it right

now then we're going to go to

properties okay and then we're going to

customize

all of this very well i personally like

to have a much

brighter green color so i click on this

green button there

and i also like it to be much darker for

the red

so i choose a much darker red color as

well

and i do it for the candles and for the

borders

and for the wick as well so i do for all

three of them to make sure

that the colors are actually all lined

up the exact same way

okay so you guys are going to see me

just do it over here as well

there you go so now it's very

contrasting

very very bright on the eyes if you guys

have noticed right

so you don't have to make it that bright

it's really up to you guys

what colors you prefer although i like

to have it very contrasting on the

screen once again

because what it actually does show right

it looks really contrasting

and it looks great the candle style that

i use is just the basic candles i don't

use

hollow not many people use holo not many

people use these ones as well

i recommend to just keep it on the basic

candles right over here

okay so the price line if you guys

notice what the price line is right here

okay if you make it thicker notice how

the price line where it is

it'll actually thicken or or or thin

it'll thin or thick in the line whatever

you guys prefer to have it at right

so it's really just a matter of

preference as well now let's go to

scales okay

and don't worry about any of these right

now okay we're going to go over

all of these every single thing in fine

detail

so the scales we don't need to worry

about it quite yet but you guys could

make it bigger if you want to as

well right you can make this bigger for

your price to bar ratio scales as well

and you can increase the margin for

example on the top if you don't want it

to go nearly as high

okay so i keep mine at about eight

percent

right just to make sure there's a lot of

clearance where it's going to show

everything that i actually wanted to

show if you guys would like to have a

left

access here as well that's going to show

the price just click on the left

right axis left axis right here and

you'll have a price

on this side and you'll have a price on

this side some people prefer to have the

price on this side only

but it makes sense to have it only on

the right in my opinion

because we're looking at it from the

right right which makes a lot more sense

as well

so that's what i like to do so on the

background i like to have it a really

deep dark background okay did you guys

just notice what happened there

i think the default one was um yeah i'll

show you guys

what i changed over here as well oh i

actually changed it all back so let's do

that again very quickly okay

so choose whatever green color you want

just make sure it's green because you

know you want to

make sure it's reflected properly there

right choose my price line

so now it's really bright like that but

this is more of a gray background

so the way that i like to personally

have it is i like to make sure it's

black right if i click on black now we

get a very

very black type of background which

looks wonderful

so if you guys want this text right here

to be bigger

just click on this scaled text right

here so if i click on 20 now

notice how big the the text actually is

make it an appropriate size that you

guys would actually like to have it

so whatever you want okay notice my

crosshair right now

looks like this okay notice my crosshair

looks like that

you guys can go to your properties here

and then you can choose the crosshair to

whatever you like

i personally like the ones that's more

dotted like that okay but let's just

keep it on this one because it's a lot

easier to see sometimes for you guys as

well

so notice how how visible this is right

here as well

right so this should be pretty prominent

to see

as well right i'm just going to check on

my price here very quickly

all right i'm doing okay i'm doing okay

for bitcoin cash i decided to short it

just so you guys know because i don't

think it's going to get

really that much higher anytime soon

right now

so let's just keep taking a look at this

so the price line if you guys see this

right here

whenever the price is actually going

down

it's going to be red whenever the price

is going

up it's actually going to be green

right so once again the price line if

you see it red right here

it's usually generally means that people

are actually selling bitcoin right now

and they're more interested in selling

at that specific time

if you see a green it means that the

order books are actually

being green okay so let's also go to the

backgrounds well let's see what else we

can change if you guys don't like your

grids

you can get rid of these grids for

example right you can just make it black

like that

and now there's actually no grid but i i

don't like it like that at all okay i

would definitely recommend

to just keep the grids just to keep it a

little bit consistent

and you got something to contrast the

background as well

the watermarks here i'm not really sure

what the watermark is

i'm just going to leave that here for a

bit a little bit so if you guys notice

here

if you put your mouse over right there

right you can kind of move left you can

move right

et cetera you can zoom in or you can

zoom out et cetera

i don't i personally don't like to have

that there so when i go to background i

just

say always invisible now that you have

it as

always invisible when you put your mouse

over here it's actually not even going

to show up at all okay

so what else can we adjust over here so

if you guys look over here right

take a look at that if let's say i

unchecked everything right here

notice how everything disappears right

we don't really

care about the symbol description do we

we know it's bitcoin

we know it's on the bitfenix whatever we

know that all already

the most important one to have is the o

the h the l and the c which refers to

the open

the the high the low and the close

right so we'll go over that in high

detail when we actually get to

the um the descriptions or sorry when we

get to candlestick analysis

now the indicator values we don't really

care about the indicator values we know

what we're looking at already

indicator augments we don't care about

any of that indicator value

yeah we you guys might care about that

right if you care about that

you can always keep that just the way it

is right there right indicator values it

might show for example the volume or

something like that

so if you put your mouse over here on

the volume we see that

the this volume is at 29.513

k right bitcoins that's that's being

sold right now

so let's go to some more properties and

see what we can adjust

i always keep mine right on my time okay

so go to your time just to make for it

to make more sense

but just so you guys know utc time

is the time that bitcoin or that all

coins basically refer

to the daily chart okay so the daily

chart make sure you guys understand that

like for example right now it's three in

the morning here

bitcoin for me on a daily is 7 p.m

and that's when it actually shows my

open and my close

now my trading positions none of this is

really relevant whatsoever

in my opinion because we're not really

training from here right

so let's say we clicked on one of these

values over here right

the symbol value i personally like to

keep it on there right the symbol value

just like that

and then we can keep it on percentages

if you guys are curious about that as

well okay

now we're going to add some indicators

okay go to your indicator

click on this little button right there

the indicator first of all type in

relative strength index if that's what

you guys are going to be using right

click on it one time okay and then we're

also going to type in

macd right click on it one time

again and now we see it like this

what i recommend for people to do is to

make it a lot more

visible okay double click on your rsi

now that we have everything up here

maybe make the line a little bit thicker

okay maybe you can drag this to however

thick you'd like i keep mine

on the third one about there and i also

make mine very very visible

like this i make mine actually purple

and incredibly visible

now it's a lot more visible right as you

guys can see

and also this right here you guys can

make this whatever color you want

the histogram i keep mine green okay i

keep mine green

and i make it very visible and i

actually keep mine on

columns columns is a lot more visible to

means and that's the way i like to have

it

now this one right here the macd okay

the macd

is um which one is it here

the orange one i keep mine as like about

red or like maybe

reddish right red and i make it very

thick and this one here i keep it as

about bluish right and i keep it around

there as well

so now it's really visible as you guys

can notice right

you can also drag it like this to

however whatever size you'd like to have

it as well

so make sure it's comfortable to you

guys if you right click on this

right hand side here if you take off for

example last symbol value

or you can take off all of these right

symbol values etc right

you don't need to have all of these on

there if you don't like it right you can

keep it a clean chart

i personally like to have the last

symbol value on here right

and this one i don't really care about

about seeing what the r size at or what

any of these are at

so now it looks really good so one thing

i want to go over is notice how when

we're moving it

it automatically resizes everything for

us right here right

it resizes for us if you actually right

click on here

and you go to lock scale

now it actually doesn't right now it

doesn't really resize

if you go to auto scale you actually

can't move up and down

okay you can't move up and down or

anything at all only left and right

but if you right click on it and go to

lock scale now that lock scale is

actually check mark

you can move it freely up and down right

not not this one

these ones are still locked because

where we have it on auto scale

but if you want to go to unlock for

these ones as well you can if you'd like

but there's

really no point so now this one here

right you can zoom in and out with your

mouse wheel button

so if you zoom in and out just like that

it looks pretty decent to me

and another thing that i recommend doing

is putting in a moving average right

type in ema ema and it's called

moving exponential average okay and

you're gonna see this

line that shows up right there right i

would recommend

making it white or whatever color you

personally like

i keep it white and now if you go to

inputs

this is going to choose the moving

average that you can use

for example if you keep it on the 100

moving average okay

there you go now you have a moving

average so the moving average

is basically a line that will take the

previous price sample

and it's going to give you an average of

the samples right the

average of the prices that we see it

move throughout

so it's really important to have some

sort of moving average on here

now let's go over some of the other

features on here like the drawing tools

if you notice if you put your mouse on

any of these ones right there's a tiny

little button on the right hand side

okay right there on every single button

right here

you're going to see a right hand button

that will open up

a context menu for you to actually

choose different options

so this one right here is a line right

we can choose a line

and you can also activate your favorite

toolbars as well

one thing that i recommend that you do

is to stay

in drawing mode and i will explain to

you how you stay in strong mode and what

that means

let's say i am not in drawing mode right

it's right here stay in drawing mode or

this button right here as well

stay in drawing mode if i'm not in it if

i clicked on this arrow button

right and i clicked here if i clicked

left click again it does nothing now i

have to click on the arrow again

and then click i have to click on the

arrow again and then click i have to

click on the arrow again

and then click but watch what happens

when i stay in

drawing mode if i stay in drawing mode

and i click on this icon button i can

just

left click left click left click left

click

and it will actually keep drawing those

arrows for me without having to keep

clicking on that right there

so i personally love to make sure it's

always on stage drawing mode

now another cool feature that they have

if you go

right click on the con anywhere on the

screen

go to drawing tools and you can actually

make you can actually right click right

here on your

favorite drawing tools right so if you

actually starred

this right here and you started that and

you started that

and you started that then you actually

have a favorite

drawing menu where you can keep some of

your favorite things

on here you can also right click on it

and go to hide right

if you would like it back right click on

the screen go to drawing tools

then go to favorite drawing tools and it

pops back up here so let's say we wanted

to draw

a line okay this simple line right there

now another window

opens up you can choose the color to

whatever you like let's say we

chose yellow because it's very bright

this one here refers to how thick you

would want it

so for example we can choose it like

that if you right click anywhere it

actually

exits from the menu or whatever context

menu that you're in

if you click on the line another little

window pops up here where you can edit

it

if i click on a blue color it will

change it to blue if i click on yellow

it will change it to yellow if you want

to make it thicker you can do that

if you want to make it thinner you can

do that as well a really good thickness

is usually the second or the third one

that i like to play with

now the second one is the style do you

want it dotted

right do you want it like that do you

want it solid

right and these are just different

points this is an arrow that's going to

point that way

right you could have an arrow you can

have two dots like that as well

i don't really use these often to be

quite honest i just use it just the way

it is already okay

if you want to delete something click on

this

and click on delete right if you

actually would like to

get back what you had just like in any

other software you

hold down control press z and it will

bring it back up

control y will also you know it'll do

the same thing just like ctrl z control

y

anywhere else so if i go to control y

for example or control z it'll do that

let's say i wanted the exact same line

and i didn't want to draw it again

hold down your control button right

click on this line

right and then drag it and then let go

of your mouse button and it'll actually

do that it'll just drag it so keep

practicing that

hold down control click on the line

drag it and drop it it will make a

duplicate which makes it very easy

so once again hold down control click on

the line

drag it and drop it if you would like to

delete it

just hold just click on the line and

press the delete on your keyboard

click on the line press the delete on

the keyboard click on the line press

delete on the keyboard

so these options here there's a lot of

different ones and let's go over it

so annex at an angle for example which

you guys might not be using a lot of

quite yet right

and i personally don't use it a lot

either it just gives us a gauge

of the actual angle that we're working

in

right so you can click on here if you

double clicked on it right

if you double click on it you can change

the color of the text for example

you can choose the size of the text as

well and it will all change that for you

as well

so you guys are welcome to go through

all of these but then i'll show you one

that i use a lot okay the most

the ones most often i don't really use

um

like horizontal line it makes a line all

across the page okay

and this one's actually used fairly

often as you guys have seen me use

right they can be used to denote

resistances and

supports etc as well right so it's not

too bad the way that we're looking at

that

so another way that i recommend to take

a look at this

is if you want to draw it is only a line

but from a specific point for example

from right here where my

mouse is only to the right you click on

this button right here it's called

horizontal ray click on it

click down and it'll only create a line

from where you started clicking and to

the actual right

right so sometimes this is useful as

well and i'm sure you guys will get very

creative and we're going to talk about

many different ways for you guys to use

it

so one of my favorite tools as well oh i

need to

emphasize something if you would like to

look at something

with a much bigger picture double click

on

the one that you would like to look at

for example this is one section with

just the candles

this is another section with just the

rsi and this is another section with

just the macd

right if you would like to just look at

the candlestick in full screen

double click on it right you can double

click on it if you want

the really big screen you can go to full

screen right there as well right

and then just press escape to exit

there's this full screen button right

there on the top right

if i double click on it right now right

it'll actually

exit taking this specific graph so if i

wanted full screen or the bigger picture

of the rsi i would double click on this

part right here and now i get a full

picture of the rsi

okay now if i wanted for example just

the macd

in a big screen i would double click on

the macd

and it would actually give me a big

screen like this then double click again

to exit it so another really important

one that i use

is parallel channels these are my

favorite ones right here okay

i'll show you guys what parallel channel

is so this is the parallel

channel just imagine you're drawing a

normal line

okay you left click right here anywhere

left click on the first point

and then left click again the second

point and then move your mouse

up or down and it will actually make a

parallel line

so just as an example if i were wanting

to try to draw a parallel line here

i would left click here first i would

left click somewhere here

and i could draw kind of a parallel

channel like that now this one's a

little bit bright so you might not want

to be using this

specific one but you guys get what i

mean you can also extend it by moving it

like that

right you can move it up and down you

can drag it and drop it as well

by moving it up and down it's just more

so like an interface

that you guys are going to spend a lot

of time using and eventually

you'll find out what ones you like and

which ones you don't like

so i personally use a lot of i'll show

you guys the ones that i use

the most of okay i don't really use the

the pitchforks or the shift pitch forks

or the modified pitchforks as much

but if you guys use that great i use

fibonacci retracement

i use trend-based fibonacci extension

as well so if you want to use for

example if you want to star

it because you want to have it on your

favorite toolbar okay so it's on right

there you click on the little right

button

on the arrow there okay then you click

on fib extension retracement

you click on the first point and then

you click on the second point

and it will actually do that right there

right and if let's say you double click

on any of these lines

double click on say the red line or the

yellow line or the green line any of

them

double click on it and a menu comes up

now you can also remove the background

if you don't like it right you can

remove the background you can keep it

there a little bit

if you like you can have the labels

perhaps on the right side

right you can you can maybe make it on

the top you can make

maybe make in the middle as well if you

guys want to remove

some numbers you can right let's say we

remove some numbers over here we just

uncheck these and it'll slowly uncheck

everything or add more as well

and we'll find tons of features that you

guys will like and dislike as well in

here

so that that's pretty much the ones that

i use here these ones

they're not really used that often this

one is used quite often

brush right you definitely want to be

able to use a brush or a rectangle

so these are just different shapes

triangle is used a lot as well

so i start all of them over here right

you can use your brush

choose the color that you would like to

have it perhaps yellow

maybe make it a thicker one like that

and you can just draw on here

freehand okay freehand if you don't like

it what you drawing

just ctrl z and it'll actually remove

all of it if you want to draw a

rectangle

choose the colors that you would like

perhaps right and then you can draw a

rectangle just like that okay

you can choose the color that you want

inside let's say you want the color

inside

make sure it's green right there if you

don't want it to be that visible

change the transparency of it like that

as well right

you can also draw triangles click on the

triangle button

then click on the perhaps a green color

or any color you want

click on one point click on another

point and click on another point and

then now you get a triangle

if you want to change the visibility of

the opacity again

you can just click on the triangle and

there you go and that happens as well

so i'm just going to work with this

screen because that pop-up keeps coming

up right now which is really not too fun

to be dealing with right now

and if you guys just take a look with me

in my position right now

for bitcoin cash you guys are seeing

that i'm i'm on

i'm definitely profitable right now so

it's definitely looking pretty good

because bitcoin is actually falling

right now i personally believe that

bitcoin cash

is going to go to about 1 645

and that's where i plan to make about a

1 000 profit on the swing trade position

so let's just keep going back to here

now that we have the rsi

we have the macd set up already okay so

now let's go over some more features

that we have

so we have you know rectangles that

we've talked about you guys can draw

rotated rectangles as well this will

give you kind of like an

angled one right an angled one there

this one over here you guys can click on

the text button and you can write things

which i use a lot so be sure to star

that right

always make sure that you're starting

the text if you guys want to draw

right somewhere click on text click on

here you get a

little screen here change it to you know

whatever color that you guys are using

if you're using a white background you

want to choose of course a darker color

if you're using a dark background you

want to choose a bright color

bright colors like yellow and white

they're actually

very visible on the black background so

that's a color that i definitely

recommend using quite often

you can type whatever you want here

hello my name is filicon

right just something like that you

cannot change the visibility of all of

this as well

and if you guys actually want to

duplicate something hold down control

once again

click on what you would like to

duplicate and then just drag it and drop

it like that

if you don't like it just click on

delete you can also drag and drop this

to wherever you like as well

and then there's a lot of other features

here right these are

patterns for example if you're using a

head and shoulders pattern right

you can you can for example click on

head and shoulders right here

if you guys are familiar with it here

click on where you want to begin

there's your left shoulder click there

there's

your next part there's your next part

and just keep clicking where the next

ones are

and then you line these up and it'll

actually match it up like that

you can change the color to whatever you

want you can make it brighter green you

can make it purple

you can change to whatever color you

want to make it really pretty to

whatever you guys like okay

then there's these elliot waves as well

right

here's your elliott wave toolbars a b c

d e

here's a b c here's w x y z w

x y etc so here this one i use a lot as

well right

make sure you have your long and your

short position

definitely so if you have your long

position you click on long

you click on the bot anywhere on the

screen here and you get your rest to

reward

setup right here as well so these are a

lot of tools and i know it might be

overwhelming at first

but these are basically the tools that

you're going to get very much so used to

okay and it's just a matter of playing

around with it right

so the important thing to remember is

that if you're on auto scale

right you can't actually move up and

down only left and right

sometimes you don't like it like that if

you use your mouse to zoom in and out

that's what it ends up looking like and

you don't like that right

but if you actually click on here right

click there go to lock scale

now if you actually zoomed in and out it

looks like this okay

it looks a lot better right looks a lot

better and it stays proportional

so you guys are definitely going and you

can move it up and down as well that's

important

so let's say you were on auto scale and

you went to zoom in

only in this part click on this

magnifying glass called

zoom in right there okay zoom in right

there and then you can actually

hold down hold down drag and drop in the

section you want to see

release it and it will actually bring

you to this specific section that you

want to see

so that's a really cool feature that i

always recommend to people okay

very very cool feature so make sure you

guys are are getting used to

the idea of the zooming in and out often

now this button right here if you look

on the right there's always that tiny

little button arrow right

you guys will see lots of icons right

you might want to use an

arrow to point out there to point out

here to point out there

if you actually want to copy an an arrow

somewhere just hold down control

and then you can move it to wherever you

like as well okay

this is a ruler button this is a zoom

out button and that's pretty much

going over training view in high detail

guides

if you want to save any of your charts

right just go to save for example like i

can't log in there right

you can just go to save just as an

example save it

click on you know name it to whatever

you like as well if you want to load the

chart you can just click on load the

chart there

if you guys want to actually go to a

different

time frame there's this button right

here the d

you can go to three hour you can go to

you know

this one right here as well let's see if

i'm profitable now yeah i'm actually

profitable guys i'm doing okay right now

for this trade

i'm actually um quite up right now i'm

like a hundred something dollars up

maybe two hundred dollars almost

and we're going to go over that in a lot

more detail

when in one of my live trade videos that

you guys are going to see okay

so this one actually got to 123 already

not too shabby i can definitely cannot

complain about this right here

okay if you guys just take a look at my

live trades um i'm definitely

a heavy trader right i definitely make a

lot of trades throughout the day

this one actually um got down to about

123 already

if i had closed my position at 123

i would have actually been profitable by

200 bucks already

but i'm waiting for the big plays guys

i'm waiting for the big plays

and i know that you guys are interested

in my trades but i don't want to hold up

your time of course

i want to be very respectful for the

time that you guys give me

so here we're back to the trades right

make sure that you guys are remembering

a lot of these things that i'm saying

but more importantly

go over everything okay go over

everything and once again if you go to

indicators right

you go to you can go to like rsi you can

type in whatever

you'd like in there it'll show up there

you can customize it to whatever you

like there as well

right go to indicators type in ema

you get your moving average you can

double click on the moving average right

here

change it to whatever one you want for

example 100 moving average

you can change it to a white thick line

just like that okay

so this is probably going to give you

guys a very good overview of it

so once again this is the time frame you

can choose whatever time frame that you

would like over here so that's a pretty

cool

thing to do you can choose four hour you

can choose one hour

right so let's say you're looking at

bitcoin right let's say you're looking

at

you want to look at another coin like

eos for example

you can click on this little open

section eos

okay you can go to bitfinix and it'll

actually just move you right over to

bitfinix

so i'm going to show you guys something

right here okay let's say that you

wanted to look at multiple charts at

once all right

you're interested in looking at multiple

charts at once let's type in first of

all

bitcoin right here so bitcoin

right click on interactive chart it'll

open it up there

okay so close this window all right

let's see now you want to look at you

want to look at four

you want let's say you want to look at

four charts at once okay

let's say you want to look at eos as

well click on eos

click on interactive chart it'll open up

into a new tab

right close this right here let's say

you are also wanting to look at bitcoin

cash

it just has an example click on bitcoin

cash

wherever you guys would like to see it

just like that for example

click on interactive chart it opens up

right here as you guys can see

right now let's say you also want to

take a look at

um last one would be a maybe ripple

right you want to look at

ripple as well and then now you click on

ripple run bitfenix right there so then

what i do

after i have all four of these up is

this okay let me show you guys a cool

trick

now that i've got four tabs here i click

on this one

then i click on that open as pop-up then

i click on this one

i click on open as pop-up i click on

this one

i click on open as pop-up and then i

click on finally ripple the last one

i'll go to open as pop-up

right you can just do that and i for

example i can move this to the very top

right which actually snaps it to the

screen

and then if i move bitcoin cash to the

bottom right it snaps it to the screen

right

and now let's say i want to move eos to

the bottom left it snaps it to the

screen

right and now i want to i want to move

bitcoin

to the top right then there you go now

you've actually got

four very clean charts and don't forget

for each one you can actually hide the

drawing tool in there

just like that okay you can hide the

drawing tools in here as well

so it's really important for you guys to

actually

customize trading view to however you

like to trade

i personally believe that it's a very

fundamental part of trading

you've got to make sure guys that you

customize it to whatever you like

because you're going to be playing on it

a lot right

so once you customize your charts you're

going to be living you're going to be

eating you're going to be

breathing all of these charts pretty

much all day

so i highly highly recommend that you

guys put in the time

to go over a lot of the options you know

make sure you're fine-tuning it as well

to whatever you like because it will be

your bread and your butter right

so these these are really important in

my opinion to

just make sure you guys put in the time

customize it right

make sure it's pretty right you want to

be very proud of the work that you do

so i think that this is a very good

overview you guys will get a lot more

experience

under your belt when you're playing with

it because it only comes with a lot of

practice

right so without the practice you're not

going to be able to get this type of

experience for example that i have

on bitfinix or not just bit fittings but

on trading view

a lot of charts actually like binance

for example or even bitfinix

what they do is they actually use charts

directly from

trading view so they kind of share the

charts like that right

so yeah so i hope that this has given

you guys a really good

insight on how to use trading view and

how to customize it

and especially how to set it up like

this so you can have some beautiful

screens here

at all times right this looks gorgeous

in my opinion

i personally use only two 32

inch monitors so you can imagine how

much i can actually

fit on a single 32 inch monitor right

which is actually quite a bit of

information in general i usually keep

six charts

on one screen and the other one i just

keep it for watching movies or just

surfing the internet in general

so i hope i've given you guys a lot of

insight and especially i've helped you

guys out in one way or another

with learning how to use training view

and i really appreciate your time and

your effort and your love and your

support especially

if you guys have any questions please

please make sure you reach out to me

you guys are my students i appreciate

the fact that you guys are supporting me

there's a question and answer or there's

a question tab

right down below here for udemy since

you guys have absolutely put in the

the finance right to fund your specific

learning for this which i really do

think it's an invaluable part

of trading you guys are going to take a

lot away from this package right

make sure you are also making taking it

to the fullest advantage right

ask your questions guys ask your

questions

i sincerely mean it i want you guys to

ask as many questions as you can and i

will be sure to reply to you guys

within 12 to 24 hours as soon as i see

it guys

i'll be making sure that you guys are

gonna get a very good answer from me

as soon as possible so thank you very

much guys for joining me for lesson six

it's been a pleasure teaching you how to

use training tradingview

please ask those questions if i can help

you further down the road

and i really look forward to to see you

guys for lesson number seven

and lesson number seven just to give you

guys a quick overview of the next one

we will be talking about what our

technical indicators right

and how are they used so what are the

importance of technical indicators

we're going to talk about confluence how

do we find

confluence which is basically finding a

way for everything to match up

how to align the stars how do we

increase

our probability of being more right than

wrong why is my winning ratio well over

75 percent

right it's because i look for confluence

and i really look forward to see you

guys in lesson number seven that's

coming up in the next class

and i hope you guys have had a

tremendously fun time learning

and most importantly i hope that you

guys have taken