#trading

📈📉Smart traders use tools outside of Binance to supplement what’s built into the platform. Here’s a look at the best tools for trading on Binance, both on and off the exchange:

✅ 🔧 1. Binance Built-in Tools:

Advanced Chart View → Switch from “Classic” to “Advanced” for better charts.

OCO (One Cancels the Other) Orders → Automate TP/SL.

Price Alerts → Set up alerts in the Binance app for key price levels.

Chart Trading Bot (in Binance Earn) → Great for sideways markets.

API Access → For automation or connecting third-party tools like TradingView.

✅ 🔧 2. Best External Tools:

🖥️ Charts & Analysis:

TradingView → The industry standard for charts & technical indicators.

→ Connect Binance data directly for live prices.

CryptoQuant / Glassnode → network data such as exchange inflows, miner reserves.

📊 Portfolio & Tracking:

CoinGecko / CoinMarketCap → track market caps, turnover, price data.

CoinStats / Delta / Blockfolio → portfolio tracking apps.

🔍 Market & Sentiment:

LunarCrush → tracks social media sentiment & coin trends.

Fear & Greed Index (alternative.me) → measures the overall sentiment of the crypto market.

⚙️ Automated & Bots:

3Commas → allows you to create automated trading bots linked to Binance.

CryptoHopper → beginner-friendly automated bot with a strategy market.

📢 News & Notifications:

Binance Announcements Page → follow news about listings, delistings, updates.

Twitter/X & Telegram → follow Binance official channels and project channels.

✅ 🔧 3. Risk Management Tools:

Position Size Calculator (Apps or Websites) → calculate the right trade size based on risk.

Stop Loss Calculators → for risk/reward planning.

📝 Bonus Tips:

✅ Use TradingView Alerts + Binance Alerts to never miss price triggers.

✅ Always check coin contracts on CoinGecko before buying unknown tokens.

✅ For tax tracking: check out Koinly or CoinTracking to log your trades.

👉 If you are a beginner, I would prefer: TradingView, Binance OCO orders and price…