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In the world of trading, having the right tools is crucial and important for the success of the trade. One such tool that has gained popularity and is widely used among traders is the TradingView screener. This is a powerful tool that allows traders to filter stocks based on various criteria, helping them to make an informed decision. But how much does it cost to use this tool? Let us find out.
The Importance of a Stock Screener
Stock screener is an important tool that helps you to stay ahead and be a player to defeat the opponent when it comes to trading. It is important to filter out the stock and meet the criteria accordingly. The following points highlight the importance of a stock screener.
1. What is a Stock Screener?
A stock screener is a tool that is, by and large, used by traders and investors to filter stocks based on user-defined metrics. It allows the users to select and view certain stocks that meet specific criteria, such as industry, market cap, P/E ratio, and more.
2. Why Use a Stock Screener?
Stock screeners are essential for traders as it helps them to sort through thousands of stocks and find those that meet your investment criteria. Stock screeners help you to save time and effort, thereby allowing the traders to focus on more than data collection. It, in a way, helps you find the right product easily without wasting much of your time.
Features of TradingView Screener
TradingView Screener is known for a wide range of features. It provides a comprehensive set of financial data covering different markets such as stocks, forex, cryptocurrencies, and more. It also offers a user-friendly interface and advanced charting capabilities.
1. How to Use TradingView Screener
Using TradingView Screener is easy, simple, and straightforward. All you need is to set the criteria simply, and the screener will provide a list of stocks that meet those criteria. Then, you can further analyze these stocks using TradingView’s advanced charting tools. So, just set the criteria, and the list is there as per the criteria set by you, which you can analyze accordingly. It is as simple as that.
2. Pricing of TradingView Screener
TradingView Screener comes with different pricing plans, each offering various features. So, it has come to the fore that price of a TradingView screener depends on the one you choose and the features it beholds. So the price varies.
3. Basic Plan
The Basic Plan is free and provides limited features. It’s a good starting point for beginners who are just getting into trading. However, there are upgraded and advanced versions of the TradingView screener that are available at a price you have to pay for their usage.
4. Pro Plan
The Pro Plan offers more features and costs $14.95 per month. It includes more alerts, more indicators per chart, and priority customer support.
5. Pro+ Plan
The Pro+ Plan costs $29.95 per month and offers even more features. It includes multiple chart layouts, intraday data for major stock exchanges, and more.
6. Premium Plan
The Premium Plan is the most expensive, costing $59.95 per month. It offers all the features of the Pro+ Plan, plus priority customer support and no ads.
Comparing TradingView Screener with Other Screeners
When you compare TradingView Screener to other screeners, TradingView Screener stands out due to its extensive features and user-friendly interface. However, the cost can be a factor for some traders, but that is negligible for the kind of services it provides and features it beholds.
Conclusion
In conclusion, the TradingView screener is powerful that can help traders make informed decisions. The cost, however, varies depending on the plan, but each plan offers a range of features that can easily meet the needs of different traders. No matter what, TradingView screener is a valuable trading toolkit that is useful for both beginners and experienced traders.
Frequently Asked Questions
Q 1: What is TradingView Screener?
Ans: TradingView Screener is a tool that helps traders to filter stocks based on different criteria.
Q 2: How much does TradingView Screener cost?
Ans: The cost of TradingView Screener varies, depending on the plan you opt for. The Basic Plan is free, the Pro Plan costs $14.95 per month, the Pro+ Plan costs $29.95 per month, and the Premium Plan costs $59.95 per month.
Q 3: What features does TradingView Screener offer?
Ans: There is a wide range of features offered by the TradingView screener, Including a comprehensive set of financial data, a user-friendly interface, and advanced charting capabilities.
Q 4: How does TradingView Screener compare to other screeners?
Ans: TradingView Screener stands out due to its extensive features and user-friendly interface. However, the cost can be a factor for some traders.
Q 5: Is TradingView Screener worth it?
Ans: Yes, TradingView Screener can be a valuable tool for traders. It offers a range of features that can help traders make informed decisions.