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The Best Charting Tools For Crypto Tradersby@lucaswyland
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The Best Charting Tools For Crypto Traders

by Lucas WylandApril 19th, 2018
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If you are new to <a href="https://hackernoon.com/tagged/crypto" target="_blank">crypto</a> trading, or even an experienced trader, charting <a href="https://hackernoon.com/tagged/tools" target="_blank">tools</a> can extremely helpful when developing your technical trading strategies. There are many different charting solutions on the market, but these three were the best we could find in terms of feature sets, ease of use, and exchange integration.

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If you are new to crypto trading, or even an experienced trader, charting tools can extremely helpful when developing your technical trading strategies. There are many different charting solutions on the market, but these three were the best we could find in terms of feature sets, ease of use, and exchange integration.

If you are looking for something more, be sure to check out our Ultimate Resource List for Crypto Traders.

TradingView

TradingView is by far the most popular charting and technical analysis tool for traders of all markets. In recent years, they have pushed to integrate their tool set with the most popular cryptocurrency exchanges and the results are impressive. Their online charting tools are open to both free users and pro users.

A free account should be more than enough for most traders to get started and learn the basics of technical analysis. Free accounts still have access to the same professional tools as pro users but are limited to three technical indicators and overlays per chart.

Listing all of TradingView’s features would take hours to get though. It’s best if you check them all out on their website.

Coinigy

Coinigy is another extremely well known technical analysis tool in the world of crypto. This tool is considered a charting tool but is bundled with many other features to help traders develop and execute their strategies. Coinigy’s charting service is built on top of the TradingView platform but uses custom data feeds to closely integrate with over 45 cryptocurrency exchanges. In addition to using the same indicators available on TradingView, users can setup SMS text alerts on custom events as well as execute trade orders across their exchanges.

Unfortunately, Coingy does not offer a free plan, but their feature set is well worth is if you find yourself trading across multiple exchanges.

CryptoWat.ch

Cryptowat.ch is another comprehensive charting tool owned by Kraken which lets traders get access to live streamed price, volume, and orderbook data from over 800 exchanges. Despite the intimidating dashboard you first arrive at the site, Cryptowatch is an incredibly easy tool to pick up and makes a great addition to any trading toolkit.

In addition to visualizing live exchange data, CryptoWatch includes several technical analysis indicators and overlays to help you make your calls. While this charting tool doesn’t include as many indicators and drawing tools and others, Kraken is constantly updating the site to include more.

Indicator Support:

  • Volume
  • MACD
  • RSI
  • Stochastic RSI

Overlay Support:

  • EMA
  • SMA
  • SAR
  • Bollinger Bands
  • Keltner Channel
  • Ichimoku Cloud

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Originally published at www.cryptotrader.tax on April 19, 2018.