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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

Last updated: August 11, 2022
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.

RELATED: Stop missing Engulfing Bars, get alerts in MT4

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.

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: TradingView Tutorials

About Hugh Kimura

Hi, I'm Hugh. I'm an independent trader, educator and researcher. I used to work at a hedge fund and the largest bank in Hawaii. Now I help traders optimize their trading psychology and trading strategies. Learn more about me here.

Nobody understand everything. Double check your assumptions. Double check others.
Financial freedom is probably closer than you think. Stop paying for things that don’t make you truly happy.

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