Thread by @tradingview

Tips, tricks, and tools for analyzing markets during corrections and crashes

👇 𝘵𝘩𝘳𝘦𝘢𝘥 👇

1. Use the Price Range tool to quickly measure the percentage change of any drawdown, correction, or recovery.

You can find this tool on the left-side of your chart under Prediction and Measurement tools.

2. Use the Bars Pattern tool to find similarities and differences in price action.

Compare and contrast the differences between prior corrections, crash, and recoveries.

This tool is also found on the left-side under Prediction and Measurement tools.

3. Use the Regression Trend Tool to study trends and locate statistical anomalies between two points in time.

The Regression Trend tool is located under Trend Line Tools. Select the tool, then click a starting point and ending point.

4. The Public Library is where traders and investors code and create their own custom indicators and strategies.

Open your indicators menu, click Public Library, and search for related terms like "Volatility" "Stop Loss" and more.

5. The Long & Short Position Tool is how you visualize your trade before making it.

Define your risk parameters and plan ahead. Drag the tool to define your entry and exit or open its settings to fully customize the trade to your needs.

We hope you enjoyed these tips and tricks! 📈

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