Malaysian businessmen say it with a proverb – “Jangan jual kulit harimau sebelum kami membunuhnya. Always wait to count the profits after doing work. And working in the modern market is to be equipped. It is at this point that the Tradingview Malaysia comes in.
Here’s the raw truth. Free charting software will only go a long way with you. You receive few signs, slow information and adverts that interrupt your analysis at the most inappropriate time. You see a break out in the KLCI stocks, you have a banner ad of a pizza delivery franchisee that covers your chart. Infuriating, right? TradingView Pro removes all of that. Clean charts. Real-time data. No nonsense.
The difference between Pro and the free tier is not in the ads, which is removed, but rather in the fact that it is alone a bit too much like removing the shoes that were not that tight before without you even knowing they were tight. You get five indicators on a chart rather than three. More saved chart layouts are provided. And most importantly, you receive quicker data refresh rates and this actually counts when you are trading volatile counters such as CIMB or Tenaga at the time of earnings. Malaysian markets move fast. Your platform should keep up.
It is in the Pine Script access where the interest of the local traders lies. Pine Script allows you to write your own indicators and strategies. Other Bursa traders have constructed screeners which indicate component of FBM KLCI which hit an oversold RSI value in certain market sessions. Others provide automation of notifications when Ringgit-sensitive commodities reach key points. This does not happen to be constructed on a free account. Pro provides the power to literally make such tools.
Directly, the subject of pricing is worth discussing. The TradingView Pro will cost about USD $14.95/month when billed annually. To traders who are keen on Malaysian stocks, forex rates such as USD/MYR or commodity forwards, that is practically less than a weekend teh tarik time with friends. It is not a matter of whether you are able to afford Pro. The doubt is whether you can afford to have no such advantage as this in the time when your money is really at stake.