How To Invert Chart On Tradingview – Complete Guide

TradingView is one of the most popular charting platforms used by stock, forex and cryptocurrency traders. With its clean interface and huge array of indicators and drawing tools, TradingView makes analyzing price charts easy and intuitive.

One lesser known but super useful feature on TradingView is the ability to invert chart axes. This allows you to flip a chart upside down with the x and y axis reversed.

Inverting charts can provide a fresh perspective and new insights into price action that may not be apparent on normal charts. In this guide, we’ll look at how and why you may want to invert charts on TradingView.

Reasons To Invert Your Charts

Here are some of the main reasons traders will invert charts on TradingView and other charting platforms:

• Unique perspective – Flipping the chart provides a new angle on price moves that your brain isn’t accustomed to. This can reveal patterns and trends you may have missed previously.
• Spot divergences – Inverted charts make it easier to spot divergences between price and indicators like RSI. Divergences are often a signal of impending reversals.
• Trade pullbacks – Entries and exits can be planned differently on inverted charts. Trades you may have missed become visible.
• Freshen up analysis – If your analysis is feeling stale, inverting charts can rejuvenate the way you view markets and return clarity.
• Shared charts – Posting inverted chart screenshots can capture people’s attention and provide an interesting talking point.

In general, variety is healthy when analyzing markets. The more ways you can visualize price data, the better your perspective and understanding will be. Inverting charts is an easy way to gain a new angle.

How To Invert Charts on TradingView

Inverting charts on TradingView only takes a couple quick steps:

1. Open up the chart for the symbol you want to invert
2. In the left sidebar, click on the “Settings” icon
3. Go to the “Properties” tab
4. Check the box for “Invert Y-Scale”
5. Click the “Apply” button

That’s all there is to it! The chart will now flip upside down, with the x and y axis reversed.

You can also invert the x-axis by checking “Invert X-Scale” instead of the y-axis. Or check both boxes to invert on both axes.

The inverted chart scales will stay this way permanently or until you return and uncheck the inversion boxes. You can also save inverted chart templates to quickly apply the inverted view to any new symbol.

Now let’s look at some examples of how inverting charts can provide a fresh perspective and improve your analysis.

Inverted Charts Reveal New Patterns

Often a chart can look like noise and be difficult to discern any distinct patterns when viewed normally. But when flipped upside down, the price action can take on a whole new shape and structure.

For example, take a look at this chart of the S&P 500 index:

[Normal chart screenshot]

There’s no clear trend or pattern that jumps out. But now look at the inverted version:

[Inverted chart screenshot]

We can now see the price carving out a symmetrical triangle pattern after the initial drop. This wasn’t visible in the normal orientation.

Inverting the chart revealed some structure where there appeared to be none before. It highlights the importance of visualizing price from different perspectives.

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Spotting Divergences on Inverted Charts

One of the key uses for inverted charts is identifying divergences more easily. Divergences occur when price makes a higher high but an indicator like RSI makes a lower high, or vice versa.

Divergences can signal impending reversals since they show upside momentum is waning even as price pushes higher. They tend to pop out more clearly on inverted charts.

Consider this chart of USD/JPY:

[Normal chart with divergence]

The RSI divergence is somewhat visible on the normal chart. But when we invert the chart, the divergence really stands out:

[Inverted chart with obvious divergence]

By flipping the chart upside down, the RSI divergence becomes much more distinct. This makes it quicker and easier to identify potential reversal signals.

Planning Trades on Inverted Charts

Inverted charts open up new possibilities for planning your trades. Certain entry and exit points may be more noticeable when a chart is flipped upside down.

For example, here is Chevron stock on a standard candlestick chart:

[Normal chart of Chevron stock]

The price action is relatively clean, but no obvious trades jump out. Now let’s invert the chart:

[Inverted Chevron chart]

We can now see several winning short trade opportunities that weren’t apparent before the inversion. Our mind picks up different patterns when the perspective shifts.

Always keep inverted charts in your trading toolbox to reveal trades that your brain filters out on normal charts. A simple axis inversion can profoundly change how you view markets.

Should You Invert Charts Regularly?

Inverting charts too frequently can cause confusion since most analysis is done in the standard orientation. But strategically inverting charts during your analysis can provide invaluable benefits.

Here are a few best practices for integrating inverted charts into your process:

• Invert charts when you’re feeling stuck to gain new perspective.
• Use inverted charts when scanning for divergences.
• Invert chart screenshots when sharing analysis publicly.
• Occasionally place trades based solely on inverted chart signals.
• Don’t overdo it – inversion should supplement standard analysis.

The key is using chart inversion at specific moments where it provides the most value. Integrate inverted analysis selectively rather than making it your primary approach.

How To Invert Chart On Tradingview – Conclusion

Learning to invert charts is an easy way to gain new insight into market price action. By flipping a chart upside down, you may spot patterns, divergences and trading opportunities that weren’t visible in the normal orientation.

Here are some key tips on inverting charts on TradingView:

• Check “Invert Y-Scale” in the chart Settings to flip upside down.
• Inverted charts can reveal new patterns and trends.
• Divergences between price and indicators become more obvious.
• New trading signals pop out on inverted charts.
• Use inversion strategically rather than overly relying on it.

So don’t be afraid to shake up your analysis by turning charts upside down on TradingView! The unique vantage point can reinvigorate your trading.