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Whale Trading

Chart Settings: Building Your Trading Environment

Before you start trading, the first thing you need to decide is
"Where and how will I view my charts?"

Good tools don't make a good trader,
but a poor environment will definitely cloud your judgment.


Why Is Chart Environment Setup Important?

Many beginners underestimate the importance of choosing chart tools.
"Aren't they all pretty much the same?"

But when you're actually trading:

  • Response speed: If your chart lags in a volatile market, you'll miss your timing
  • Information density: How much information can you efficiently view on one screen
  • Customization: How much can you adjust to match your trading style
  • Alert features: Can you receive notifications at specific prices or conditions

These factors make a significant difference in the long run.


What This Section Covers

The Chart Settings section consists of the following documents:

  • TradingView Setup
    → The most widely used chart platform, free/paid plan differences, basic setup
  • Exchange Chart Guide
    → Pros and cons of built-in charts from exchanges like Binance, Bybit
  • Cryptowatch Guide
    → Free charting tool by Kraken, advantages of multi-exchange support

Chart Platform Comparison Summary

PlatformProsConsBest For
TradingViewRich features, community, alertsFree plan limitationsMost traders
Exchange ChartsOrder integration, no delayLimited featuresExecution-focused traders
CryptowatchFree, multi-exchangeSlow updatesMulti-exchange monitoring

Detailed setup guides for each platform are covered in the sub-documents.


Which Platform Should You Choose?

There's no definitive answer, but here are some general guidelines:

For Beginners

Start with the TradingView free plan.

  • Most intuitive interface
  • Abundant learning resources and community
  • Familiarity maintained even when upgrading to paid

For Day Trading/Scalping

We recommend using exchange charts + TradingView together.

  • Order execution on exchange charts (minimize delay)
  • Analysis on TradingView (rich tools)

For Multi-Exchange Monitoring

Cryptowatch is useful.

  • Compare prices from multiple exchanges on one screen
  • Spot arbitrage opportunities

Common Setup Tips

Regardless of which platform you use, these settings are generally good to apply:

1. Use Dark Mode

Staring at charts for long periods can strain your eyes.
Most platforms support dark mode, so make sure to enable it.

2. Timeframe Favorites

Register frequently used timeframes (e.g., 15min, 1hour, 4hour, daily)
in your favorites for quicker switching.

3. Basic Indicator Setup

Don't add too many indicators at first.

  • 1-2 moving averages (e.g., 20 EMA, 200 SMA)
  • Volume
  • RSI if needed

This is enough. Add more once you're comfortable.

4. Save Layout

Once you've finished setting up, save your layout.
You can recover it if settings are accidentally lost.


  1. TradingView Setup
    → Start by learning the most versatile tool

  2. Exchange Chart Guide
    → Get familiar with charts on the exchanges where you'll actually trade

  3. Cryptowatch Guide
    → Add multi-exchange monitoring as needed


In Summary

Setting up your chart environment properly once
will bring continued convenience in your future trading.

"Investing time in your tools isn't a waste,
it's an investment in your future self."

Check the detailed setup guides for each platform below: