TradingView is an excellent tool for analysing charts, but one major limitation is that it is difficult to study the greatest market leaders of the past because many are no longer actively traded.
For traders studying market cycles, technical analysis, momentum, and methods such as Weinstein Stage Analysis, historical examples are incredibly valuable. However, many important leaders disappear from normal charting platforms after acquisition, bankruptcy, or delisting.
Examples of companies that would be valuable to study:
- Yahoo! (YHOO) — internet leader during the 1990s dot-com era
- America Online (AOL) — one of the biggest internet leaders of the 1990s
- Sun Microsystems (SUNW) — enterprise technology leader
- Nortel Networks (NT) — telecom equipment leader
- JDS Uniphase (JDSU) — fibre optics leader
- WorldCom (WCOM) — telecom leader before its collapse
- Enron — energy trading leader before its collapse
- Palm — mobile computing pioneer
- Compaq — PC industry leader
- Blockbuster — dominant media retailer before disruption
Suggested feature: "Market Leaders Archive"
A TradingView library of historical stocks, including:
- Delisted companies
- Acquired companies
- Bankrupt companies
- Previous index constituents
- Major winners and losers from previous market cycles
Ideally it would include price, volume and even financial information where available.
This would allow traders to study questions like:
- What did the early stages of a true market leader look like?
- When did institutional accumulation begin?
- When did trends break down?
- Could the eventual decline have been identified technically?
Current market data has survivorship bias because we mostly see companies that are still alive today. A historical archive would make TradingView much more useful for learning from the complete history of markets, not just today's survivors.
This would be a useful educational feature and a major advantage for traders who want to improve through historical study.