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How to Optimize TradingView Flagged Symbols

TradingView flagged signals makes it easy to see the status of your trades at a glance. Learn how to use it in this quick video.

Home / Trading Software Tutorials / How to Optimize TradingView Flagged Symbols

By Hugh Kimura

TradingView Flagged Symbols Tutorial

I've been using TradingView for awhile now and I love it. Watch this video to learn why I think it's so much better than MT4.

One of the features that I use a lot is TradingView flagged symbols. They are those little colored tags that you can add next to the symbols in your watchlist.

I'm going to be using it with Forex pairs in this post, but you can do the same thing with stocks, futures, CFDs, cryptocurrencies indexes and economic indicators.

If you don't want to watch the video, the text version is provided below.

Color Code and Meanings

Here's what I use the colors for. They make it very easy to see which pairs I have to check, journal and trade.

I can see the status of my whole list, at a glance.

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TradingView colors of Flagged Symbols

 

 

  • Red: Trades I missed. You can learn why I feel it's important to journal missed trades here.
  • Orange: Trades that are close to setting up
  • Green: Open trades
  • Purple: Trades I'm watching, but aren't close to setting up yet
  • Blue: Trades that should be journaled

Obviously you can use the colors in any way you see fit, but I just wanted to give you some ideas. You might only need to use 3 colors and that's great too.

SEE ALSO: The Best Trading Psychology Books of All-Time

Using the Filters

TradingView also makes it easy to filter your watchlist by flag color.

For example, if I only want to watch the pairs in which I'm close to executing a trade, I'll filter my watchlist to only see the orange flags.

When I sit down to journal, I'll filter the blue and red flags and add those trades to my trading journal.

TradingView watchlist

Conclusion

So that's how you use TradingView Flagged Symbols.

They are an easy way to see the status of each of your charts, at a glance. TradingView does a really good job of making their platform super user friendly and this is a perfect example of how they listen to their users and implement elegant solutions.

 

 

 

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Category: Trading Software Tutorials Tag: Trading Software, TradingView Tutorials

About Hugh Kimura

Hi, I'm Hugh. I'm an independent trader, educator and researcher. I help traders develop their trading psychology and trading strategies. Learn more about me here.

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First posted: July 9, 2019
Last updated: May 29, 2020

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CFTC Rules 4.41 - Hypothetical or Simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown. Testimonials appearing may not be representative of other clients or customers and is not a guarantee of future performance or success.

 

 

 

 

 

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