A quick guide to setting up custom time intervals on TradingView, including second-based options
Timing really is everything in trading! Whether you’re a fast mover or a swing trader on the hunt for an ideal entry point, we think you’ll appreciate having precise control over your chart’s time intervals.
That’s where TradingView steps in. It’s one of the top charting platforms out there, and it lets you customise your time intervals, even down to the second! This flexibility can really enhance your market analysis.
In this guide, we’ll walk you through how to set up custom time intervals on TradingView and discuss the benefits of using second-based intervals on TradingView. As we show you how having TradingView integrated into our service helps with executing quick trades, you’ll soon see why we chose to become the UK’s only dedicated TradingView broker!
Why custom time intervals matter in trading
The markets are always moving at lightning speed, so traders need to have the right tools to keep up.
While standard timeframes like 1-minute, 5-minute, or 1-hour charts are great, diving into narrower timeframes can give you a clearer picture of the price action. That’s where custom time intervals on TradingView come into play — and they can support various trading strategies.
Here are some key potential benefits of using custom time intervals:
- More precision: May appeal to scalpers and short-term traders who aim to thrive on quick price changes.
- Better trend identification: custom intervals can help smooth out price movements, potentially making it easier to spot trends.
- Flexibility: you can tweak your charts to match your specific trading style.
- Optimised for different assets: some markets, like forex or crypto, may need shorter or more unique intervals for sharper insights (crypto not available in the UK).
By customising your time intervals, you’ll potentially have greater insights in your trading journey!
How do I add a custom time interval on TradingView?
Setting up your charts to create your preferred trading environment is a straightforward process. Here’s how to set time intervals in TradingView:
Step 1: open your TradingView chart
First, head over to TradingView and pull up a chart for the asset you’re interested in.
Step 2: click on the time interval dropdown
Look at the top left of your chart — you’ll see the Time Interval menu. This lets you flip between different timeframes easily.
Step 3: add a custom interval
Scroll down to the ‘Custom’ option. Now, just enter your preferred timeframe in minutes, seconds, or hours (like 10 seconds, 45 minutes, or 3 hours). You can even save it to your favourites for easy access later!
Step 4: apply and analyse
Once you’ve set your custom time interval on TradingView, you’ll see how price movements look within that timeframe right on your chart. This gives you better insights and can potentially help you with trading decisions.
And that’s it! You’re ready to trade with a customised time interval..
What are second-based intervals on TradingView?
If you’re an ultra-short-term trader, you may consider using second-based intervals on TradingView. They allow you to analyse price movements in 5-second, 10-second, or 30-second increments instead of waiting around for a whole minute!
Here’s how to enable those second-based intervals on TradingView:
- Access the timeframe menu: just click on the time interval dropdown at the top of your chart.
- Scroll to the second-based options: you’ll find pre-set options for 1 second, 5 seconds, 10 seconds, and 30 seconds.
- Select your preferred interval: one click, and your chart will instantly adjust to the interval you choose.
It’s a simple tool that helps you keep pace with the fast-moving markets!
Who benefits most from second-based intervals?
Several trading styles might consider using second-based intervals on TradingView:
- Scalpers: these traders aim to thrive on very short intervals by looking for micro-trends and executing lightning-fast trades.
- Crypto traders: if you’re trading volatile assets that see quick and frequent price changes, second-based intervals might assist in keeping up with the action.
- Day traders: for day traders, these intervals provide that extra level of detail for intraday analysis, providing you with more information as you make decisions throughout the day.
So, whether you’re looking to capitalise on tiny price shifts or monitor fast-moving markets, second-based intervals on TradingView can potentially enhance your trading strategy!
How to make the most of custom time intervals on TradingView
Custom time intervals on TradingView can be a helpful tool, and there are some strategies to really help you get the most out of them:
- Pair custom intervals with volume analysis: combine those second-based intervals with TradingView’s volume profile indicators. This way, you can confirm price movements while gaining insights into liquidity.
- Use multiple timeframes for better confirmation: checking out different timeframes at the same time can give you a clearer picture of trends. For instance, try looking at a 10-second chart for micro-trends alongside a 1-minute or 5-minute chart for greater insight.
- Optimise entry and exit points: those second-based intervals on TradingView can help you define your exact entry and exit prices.
These are some strategies you can implement to bolster your research and tracking efforts when you trade!
Why trade with Eightcap and TradingView?
If you’re a trader on the lookout for quick execution and smooth charting, Eightcap is definitely the way to go. As a top-notch Forex and CFD broker, it offers seamless integration with TradingView.
Here’s what you can look forward to:
- Customisable charting: enjoy full access to custom intervals, including those handy second-based charts.
- 800+ CFDs: you can trade a wide range of assets, from forex to indices, commodities, and even cryptocurrencies (For the UK market: 600+ CFDs and crypto not available).
- Lightning-fast execution: experience ultra-low latency trading that helps minimise slippage.
- Direct trading from charts: place trades instantly using TradingView’s user-friendly interface.
Pair TradingView’s advanced charting tools with the speedy, high-performance trading environment of Eightcap: with us, you can trade directly from your TradingView charts, letting you execute trades fast while utilising powerful analysis tools.
Create an Eightcap account today and set up custom time intervals on TradingView, for an altogether smoother trading experience!