Started TradingView in the morning where there is no trading in Kuala Lumpur and the graphs appear vivid. Federal highway traffic is a jerk of prices. Forex pairs breathe. Bursa Malaysia bursa stock crawl-sprint-freeze. In this case, the right match would be TradingView as it does not have issues with local habits. Without having to browse to check the heavy broker websites, you would be able to track FBMKLCI, glove stocks and plantation counters. Time zones line up cleanly. Market hours make sense. Even Wi-Fi connection in cafes where the aroma of burnt espresso is slightly noticeable makes the platform load quickly. Most of the Malaysian traders start with candlestick and resort to Heikin Ashi or hollow candles when they have a bad week. That's normal. The TradingView will enable you to change the styles of the charts after a few seconds, without drama and lecture. You can get the best guide on www.fxcm-markets.com/insights/tradingview-malaysia/.
The Malaysians fall short in indicators wherein they fall in love or rage-quit. The first three of everything are RSI, MACD, Bollinger Bands. The trick is restraint. Prepare ten markers and the graph resembles roti canai with too much kuah. Keep it lean. One momentum tool. One trend tool. Volume, always. The lifesaver is the community scripts of TradingView but it is more like pasar malam food. Some are amazing. Some give stomach aches. There is no use believing anything that looks shiny without first trying it. Pine Script will have you should you wish to be in control. Even basic edits go a long way. Change alerts. Adjust lengths. Make it work to your benefit and not the other way round.
Malaysian business persons are biased towards warnings. Phone buzzes during lunch. Price offers resistance when you are waiting to purchase nasi campur. TradingView notifications save time and money. Use them aggressively. Breakouts. Trendline touches. EMA crosses. You do not need to sit and watch the screens all day like a guard in the night shift. It is also cross-platform and as such, graphs you plotted on your laptop would be seen in your phone in the future. Draw messy lines. Redraw them. Everyone does. Numbers covered with opinions are support and resistance. Treat them lightly. Laugh when they fail. Adjust and move on.
Paper trading is admirable. Many skip it. Then the blame the manipulation of the market and blow an account. The TradingView paper trading feature mimics the real life situation to an extent that bad habits are brought to light. Overtrading shows up fast. So does revenge clicking. Malaysian markets are sluggish especially during noon hours. Being patient as opposed to any guru video is best done in paper trading. Trying to track U.S. stocks during the night and local during the morning. The variance of rhythms to you shall be. It is like it has transformed kopitiam talk into a late night mamak quarrel. Same tools, different tempo.
There is importance in the community aspects that people do not want to know about. Malaysian merchants are inclined to imbibe domestic sentiment which you cannot expect in foreign feeds. Political news. Budget rumors. Sector rotation gossip. Not plenty of voices, after two or three. Pure or gold comment sections may be. Learn to tell the difference. The TradingView enables you to save layouts when you are in different moods: when you are aggressive, cautious, half-asleep. Use that. Trading is personal. Some days you scalp. And just stand and look and watch. Both are valid. The platform won't judge. It just shows the chart and waits.