Placing Trades with Trading View from TradeStation for Beginners

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TradeStation is a popular trading platform that offers seamless integration with Trading View, allowing you to place trades with ease.

To get started, you'll need to connect your TradeStation account to Trading View, which can be done by navigating to the "Settings" tab and selecting "Trading View" from the drop-down menu.

The next step is to configure your Trading View settings within TradeStation, including selecting your desired trading account and setting up your chart layouts.

This integration allows you to access a vast array of technical indicators and charting tools directly within TradeStation, streamlining your trading process.

Placing Orders

You can place orders by clicking directly on the chart, and there are various key and mouse click combinations that can be used to achieve this.

Ctrl + Left Click mimics the behavior of clicking on the bid side in the Matrix window and Alt + Left Click mimics clicking on the ask side in the Matrix window.

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Open orders can be moved to new price levels by simply dragging and dropping their corresponding order lines.

Right-clicking an order line will allow you to edit the order's quantity and/or price using the Edit Order dialog.

Selecting an order line and pressing the delete key will cancel the order.

Here's a summary of the key and mouse click combinations that may be used to place orders by clicking directly on the chart:

TradeStation and TradingView

TradeStation and TradingView are two popular platforms that can be used together to place trades.

TradeStation is a trading platform that offers advanced charting and analysis tools, as well as the ability to backtest and optimize trading strategies.

TradingView, on the other hand, is a platform that provides real-time market data and a wide range of technical indicators for analysis.

To use TradeStation with TradingView, you can connect your TradingView account to TradeStation using the TradingView API.

TradeStation in Action

Frustrated man monitoring multiple trading graphs on computer screens in an office setting.
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To be eligible for the cash offer, you must fund a new account with New and Qualifying Assets greater than $4,999.99 during the Promotional Period.

TradeStation Technologies, Inc. offers analytics subscriptions that self-directed investors and traders can use to chart, analyze and design back-tested strategies for Equities, Options, Futures, Forex and Crypto markets.

Only Entity (non-Institutional), Individual or Joint equities and futures clients qualify for the cash offer, not Institutional accounts, Individual Retirement (IRA) and other tax-qualified accounts.

You must enroll your new account by entering the promotional code on your new account application or by requesting to enroll via telephone with a TradeStation Client Experience representative.

TradingView Brokerage Services

TradeStation Securities, Inc. is an SEC-licensed broker dealer and a CFTC-licensed futures commission merchant (FCM).

It's a member of several key organizations, including FINRA, SIPC, CME, NFA, and various equities and futures exchanges.

TradeStation Securities offers Equities accounts for stocks, exchange-traded products (like ETFs), and equity and index options.

Futures accounts are also available for commodity and financial futures and futures options.

One important note: TradeStation Securities does not offer Crypto accounts.

Technical Analysis Tools

Modern office with financial trading screens and a diverse team discussing strategies.
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TradeStation's charting tools are designed for deeper technical analysis, making them more suited for professional traders.

These tools offer powerful features for experienced traders, allowing for intricate analyses.

TradeStation's tools are less varied in charting options compared to TradingView.

TradingView, on the other hand, provides dynamic and user-friendly interactive charting tools that appeal to active traders.

Its charting tools are a favorite among those who need real-time market insights and sophisticated analysis.

TradingView offers a wider range of technical indicators than TradeStation.

Customizable alerts for various conditions are also available on TradingView, making it a go-to choice for traders who need to stay on top of market movements.

Market Coverage and Asset Classes

TradingView excels in forex and equity markets, providing real-time and historical market data from over 150 global exchanges.

This extensive market coverage makes it a robust option for individual traders focused on forex and equity trading. TradingView's expertise in these areas is undeniable.

TradeStation, on the other hand, offers direct access to a broader range of markets and asset classes, including futures, stocks, and options.

This makes it a more comprehensive choice for active and diverse traders who need access to multiple asset classes for a well-rounded trading strategy.

Chart Trading Panel

Stock Market Trading App with Graph Analysis
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The Chart Trading Panel is a powerful tool for placing trades with TradingView from TradeStation. You can place orders by clicking directly on the chart, which can be a huge time-saver.

To place orders by clicking on the chart, you can use the Ctrl + Left Click combination to mimic the behavior of clicking on the bid side in the Matrix window, or Alt + Left Click to mimic clicking on the ask side in the Matrix window.

Open orders can be moved to new price levels by simply dragging their corresponding order lines. This can be a convenient way to adjust your orders without having to go through the Order Panel.

The following key + mouse click combinations can be used to place orders by clicking directly on the chart:

You can also use right-clicking on an open order line to edit the order's quantity and/or price using the Edit Order dialog. From this dialog, you can also convert the order to a market order or cancel the order.

Frequently Asked Questions

Is TradeStation better than TradingView?

TradeStation stands out for its advanced tools and brokerage services, making it a top choice for serious traders. While TradingView excels in user-friendly charting and community features, TradeStation's sophisticated analysis tools take market analysis to the next level.

Abraham Lebsack

Lead Writer

Abraham Lebsack is a seasoned writer with a keen interest in finance and insurance. With a focus on educating readers, he has crafted informative articles on critical illness insurance, providing valuable insights and guidance for those navigating complex financial decisions. Abraham's expertise in the field of critical illness insurance has allowed him to develop comprehensive guides, breaking down intricate topics into accessible and actionable advice.

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