Have you ever tried to explain Fibonacci retracements to your uncle while eating nasi lemak? I did. He stared at me like I had told him to lower the price of gas. He said, “You’ll lose more than your shirt.” It’s possible. But with Tradingview, I would at least know it was coming.
The trade landscape in Malaysia isn’t what it used to be. It’s noisier. More quickly. A lot of individuals who check the volume between TikTok videos. And a large element of that change? A small platform that loads faster than a Mamak’s “I’ll be right there” promise.
You don’t need a Bloomberg terminal. You don’t even need a computer. During your commute, open the app on your phone. With your thumb, draw a line that shows a trend. Boom. It looks like you know something about the KLCI that others don’t. (Spoiler: You don’t.) But it seems like it.
I met Siti during a workshop in Shah Alam over the weekend. She used to trade based on what people said in WhatsApp groups. That’s a big mistake. She rolled her eyes and continued, “One guy told me to buy a stock because his dream said so.” Now? She automates her own techniques with Pine Script. No dreams. It’s only logic. And a couple flaws she’s still fixing.
It’s not simply the tech that makes TradingView so great. It’s the people. Malaysians are getting involved, sharing ideas, and fighting over moving averages like it’s a family fight. Scripts for the public? Goldmine. Some are trash. What else? Just fire. I found one called “Klang Valley Scalper” that performs better on local stocks than half of the commercial programs I’ve tried.
And what about the charts? Neat. Pointy. No mess. You can put on ten indicators and still understand it. Or keep it simple: just one EMA, price, and volume. It’s up to you. No judgment. Just choices.
The internet used to be a problem. Not as much now. My cousin in a town near Cameron Highlands even streams data in real time. When it rains, his signal goes out. But hey, he’s still ahead of his neighbor who buys and sells things based on the news.
Let’s be honest: not everyone gets it. Some people still think that trading is like gambling with a computer. If you don’t know what you’re doing, maybe it is. But what about tools like this? You aren’t guessing. You’re testing. Making changes. Getting smarter.
This isn’t being taught in schools. But teens are still figuring things out. I saw a 17-year-old in Penang use backtesting like it was second nature. He said, “I failed math.” “But charts make sense.” That’s a good point.
It’s not magic. You won’t get rich right away. But it provides you a chance. A real one. That’s worth something in a society where side jobs are common.