A Complete Coinigy vs. TradingView Guide for Advanced Technical Analysis

Choosing the right platform for Bitcoin price charting isn’t easy, especially with many available options. Each tool has strengths and weaknesses; some are more suited for specific functions than others. If you want to optimize your trading strategies with advanced technical analysis, you’ll want to choose the best platform to meet your objectives. In this Coinigy vs. TradingView comparison, we’ll explore the similarities and differences between these two charting platforms so you can make an informed choice. We will also touch upon what is Bitcoin halving?

Bitcoin Magazine Pro’s Bitcoin analysis is invaluable for traders looking to meet their charting objectives. This article will explain how this resource can help you get started with advanced technical analysis to optimize your trading strategies and maximize efficiency.

What are Coinigy and TradingView?

Coinigy and TradingView are popular platforms for analyzing price charts and trading Bitcoin. This comparison will detail the features of each platform to help you determine which is best for your trading needs. 

TradingView: Your Go-To for Real-Time Market Data

TradingView is a platform that provides real-time information and market insights for: 

• Stocks
• Bitcoin
• Forex and more

It is a charting and trading platform that allows you to access some of the best technical analysis tools and several markets in one place. 

Coinigy: The Bitcoin Trading Specialist

Coinigy, on the other hand, mainly focuses on Bitcoin trading. They were catapulted to the top of the industry by the Bitcoin wave that swept the world just a few years ago. The team behind this service focuses on introducing a paradigm shift in the global financial industry. 

User Interface and Design

TradingView: An Intuitive User Interface

TradingView has a highly intuitive user interface that makes it easy for users to navigate the platform. They also provide amazing heatmaps you can use for free. TradingView is entirely free to use if you just want to chart. You can use tons of free indicators and some advanced paid indicators. You must also have a subscription. 

Coinigy: Manage Multiple Accounts Seamlessly

Coinigy also has a user-friendly interface that allows traders to manage several accounts at more than a dozen Bitcoin exchanges through a single app. 

Charting and Technical Analysis Tools

TradingView: The Charting Powerhouse

Regarding charting tools, TradingView seems to have the upper hand with its HTML5 charts. The charts pack more than 50 intelligent drawing tools, and users can choose from many different chart types ranging from: 

• Spread charts
• Line breaks
• KAGI charts
• RENKO charts
• PNF charts

Users can adjust the system to accommodate multiple chart layouts or have various symbols on the chart. 

Coinigy: Trade Directly From Your Charts 

With Coinigy, users can trade directly from the charting platform of their favorite exchanges. The platform has more than 45 exchanges and access to more than 75 technical indicators. 

Market Data and Integration

TradingView: Real-Time Insights for Multiple Markets

TradingView provides traders with real-time information and market insights. Users can analyze: 

• Bonds
• Stocks
• Currencies
• Commodities
• Indices
• Bitcoin
• CFDs
• Futures 

You can also build your strategies with Pine Script and backtest them using TradingView’s backtesting software. 

Coinigy: Access Data From Over 46 Exchanges 

Coinigy allows you to access a real-time API, volume alerts, and various third-party integrations. It also allows traders to access and chart 46 Bitcoin exchanges and 19,239 markets, all from a single app. 

Mobile Experience 

TradingView: A Top Mobile App

Both TradingView and Coinigy have mobile apps. The TradingView app is easier to use and allows you to track: 

• Stocks
• Bitcoin
• Forex and more

Coinigy: Good, But Not Great

Coinigy also has a mobile app that allows users to track BTC data on the go. The app isn’t as user-friendly as TradingView’s mobile platform. 

Pricing and Plans

TradingView: Free Access and Affordable Plans 

TradingView offers free and paid monthly plans ranging from $12.95 to $59.95. Using our affiliate link, you can also get a free trial and a discount on your TradingView subscription! 

Coinigy: Higher Prices with Limited Free Access 

Coinigy offers a free 30-day trial followed by a monthly subscription fee, ranging from $18 to $99, depending on the current deals.

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Ultimate Coinigy vs Tradingview Analysis for Profitable Trading

 

 

Charts: Which Platform Offers More Charting Tools?

Charts are essential when it comes to trading platforms. TradingView and Coinigy have candlestick charts with various other chart features that can be manually selected. TradingView offers HTML5 charts, which allow users to choose from more than 50 intuitive drawing tools. TradingView’s support for multiple markets will enable traders to diversify their portfolios and better manage and analyze trends. 

In total, TradingView has 11 types of charts.  

Charts available on all plans: 

• Baseline
• Area
• Line
• Heikin Ashi
• Hollow candles
• Bars

Charts available to premium subscribers:

• Renko
• Line break
• Kagi
• Point & figure
• Range charts

In addition to offering technical analysis infrastructure, TradingView has a news platform where users can mine data to conduct fundamental analysis. Coinigy also offers closely similar charts, although it offers slightly fewer options.

Charting and Multi-Exchange Integration on Coinigy

In addition to the candle chart, Coinigy offers: 

• Area
• Line
• Heikin Ashi
• Hollow candles
• Bars

Unlike TradingView‘s HTML5, Coinigy users can integrate charts from their favorite exchanges and trade on multiple platforms. Access to various exchanges allows Coinigy users to compare price differences and benefit from pricing disparities. The platform supports more than 40 exchanges, with users able to make 11 direct transfers from Coinigy. 

Indicators and Scripts: Breaking Down Technical Analysis Features

Going by numbers, TradingView offers 100 in-built indicators compared to Coinigy’s 75. However, both platforms provide the most commonly used indicators, including: 

• Bollinger bands
• Stochastic RSI
• Relative strength index
• Ichimoku cloud
• Correlation coefficient

While many users will only utilize the in-built indicators, others with more specific and complex trade requirements may need more indicators to satisfy desired functions. TradingView has the upper hand, allowing users to create customized scripts, also called Pine Script, with just a few steps. 

Leveraging TradingView's Pine Script and Backtesting Features

To help users understand Pine Script, TradingView offers a comprehensive guide that includes videos and tutorials on how to build several basic strategies. The platform even has a public script library from which users can access scripts created by others. 

For users running custom scripts and scanners, TradingView may be the right choice. In addition to offering many indicators and scripting functionality, TradingVieware can backtest all default and custom indicators to validate strategies against historical data and identify situations with higher trading advantages.

Price Alerts and Custom Notifications: Stay Informed on Two Platforms

A key feature of any market tracking platform is the ability to offer real-time automatic trade alerts based on predetermined criteria. These are primarily for traders with busy schedules who find it hard to sit before a computer to scan charts manually. 

Trade alerts ensure that traders do not miss any trade opportunities and protect their investment in the event of a market fall. Users of both TradingView and Coinigy can set price alerts, which are delivered in the form of: 

• E-mail
• SMS
• In-browser notifications
• Audio signals
• Visual popups

Trading Alerts and Automation: Comparing TradingView and Coinigy

TradingView offers additional webhooks and notifications, ideal for automating the trading process. Traders can set trading alerts for several conditions, including: 

• Percentage movements
• Entering channels
• Exiting channels
• Crossing up
• Crossing down

TradingView users can also set highly complex trade alerts using Pine Scripts. Even when the app is not running, TradingView users can still receive alerts based on the type of account held. Coinigy allows users to select exchanges from which to receive alerts and offers default alert options, including: 

• All-time highs
• All-time lows
• Monthly lows

Pricing: What Will You Pay for Each Platform?

While both TradingView and Coinigy have capable free versions, users seeking improved capability may pay a subscription fee to access a full range of available premium features. 

Plans:

• TradingView’s first tier is the free trial tier, accessed for 30 days. This tier offers one chart per layer. 
• The Pro tier costs $9.95 for a 2-year billing cycle or $14.95 for a monthly billing cycle. It offers 10 server-side alerts, 2 charts per layout, and five indicators per chart. 
• Another paid subscription plan on TradingView is Pro+, which costs $19.95 for the two-year billing cycle or $29.95 monthly. With this tier, users can access up to 4 charts per layout and use two different devices simultaneously. Finally, Pro+ users get 30 server-side alerts and 10 indicators per chart. 
• TradingView offers the Premium Package for $59.95 per month or $39.95 monthly for a two-year billing cycle. The package offers users an unlimited trading experience. 

Coinigy Pricing Plans and Features Breakdown

Coinigy offers three pricing plans, including two paid ones. In all three plans, users get a 30-day trial for unlimited access to features in the Pro Trader plan, which costs $18.66 a month. With this plan, users have access to a mobile app, 24/7 portfolio management, Access to third-party charting, and Multiple chart layouts, among other features. 

Customer Support: Which Platform Will Help You Faster?

TradingView and Coinigy have invested well in their customer support systems. For instance, Coinigy has several tutorials to help users navigate the platform. The platform also offers support via: 

• Email
• Social media platforms
• Mobile phones

Coinigy has more than 18,000 followers on Twitter. Regardless of their subscription package, all Coinigy users access the same email support. 

Mobile-Friendliness: Which Trading App Is Better?

Both platforms realize the importance of having user-friendly layouts and designs, especially for loaded and heavy websites. They have built simple and intuitive designs that allow seamless trading. TradingView has an analysis-sharing tool that helps new users access timely signals and fast-track their learning curve. 

Both Coinigy and TradingView allow mobile trading through their mobile apps. The apps let users track price fluctuations, receive notifications on moving averages, and enter trades. Both apps can be used on iOS and Android devices. 

Security: Which Platform Keeps Your Data Safer?

Security is a key factor in online trading. Bitcoin, in particular, has made headlines in the past years due to security breaches that have led to the loss of millions in investor’s assets. Hacking and scammy Ponzi schemes have tainted the fragile infant industry that is still struggling to gain full acceptance. 

Coinigy has installed key security because it plugs into many third-party exchanges. The platform also has special portfolio-tracking tools for all coins held in BTC wallets. TradingView has a bounty program that rewards people who find and report security issues on the platforms. It is a way of identifying security vulnerabilities from the user end based on user experience. Both Coinigy and TradingView use two-factor authentication. 

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