Module 2 Technical Analysis

Chapter 21

Interesting features on TradingView

118

 

If you don’t know already, then TradingView is now available on Kite. Here is the TradingQ&A post announcing the beta launch.

Given this, I thought I could share a few of my favourite features on Tradingview (TV) and hopefully, this will help you, especially if you are new to TV. I do not intend to discuss the most obvious charting features on TV, as that I’m guessing would be quite intuitive to understand. These are a few offbeat ones, comes in quite handy when you are working with the charts.

21.1 Multi timeframe settings

This feature is not specific to TV, but I do get a sense that this works better on TV compared to other platforms. I’m sure most of you are fairly familiar with the layout options.

Imagine, you intend to trade ‘Indigo’ on an intraday basis.  One of the things, you’d want to look at before placing the order is how Indigo’s price looks on different time frames. The regular practice is to change the frequency from 1 day to say, 15 minutes or 5 minutes. While this serves the purpose, it would nice if you can see how the chart looks at different periods on a continuous and simultaneous basis. This helps you anchor the price and build a perspective of where the current market price is with respect to other timeframes. For example, I like to look at the 1-day chart, 30-minute chart, and 15-minute chart, all at the same time.

You can do this fairly easily with TV. Here is how –

Click on the ‘Select layout’, an option available at the top right corner, and a select a layout you are comfortable with. Since I want 3 charts, I’ve picked a 3 chart layout which suits my preference.

Once you pick the layout, this is how the chart layout appears. Notice all the three charts now displays the same scrip, same time frame i.e Indigo’s 1-day chart –

Also note, within the three charts, the one on the left panel is highlighted, this is evident with the blue border.

The next step is to change the time frame across the three periods. My personal preference is to keep the left panel to the frequency that I intend to trade on i.e 15 minutes, the right top panel would be 30 mins, and the right bottom panel would be 1 day. You can change the time-frequency by clicking on the chart (when you do so, the chart is highlighted and a blue border appears), and changing the frequency to your desired one. The option to change the frequency is highlighted by a red arrow.

With this layout, I can now see all the price behaviour across all the periods in 1 single shot.

Once you have this setup, then you can do a few cool things. For example, the crosshair is in sync here –

So when you place the crosshair on a particular price point, it appears across all the time frames simultaneously. This helps you build a perspective on the price action panning out across these time frames.

Out of the three charts, if you want to focus on any 1 particular chart, then simply click on the toggle button at the right bottom. This will blow out the chart to help you focus better –

You can annotate the chart, make notes, and make it visible on only the desired timeframe. For example, the end of day chart may hint at a double top, if yes, I want to keep my shorts ready. However, this is on the end of day chart. So I can annotate just that chart. Click on the text options, and select a text box –

Drop the text box to the time-period you want and scribble your notes –

That’s with the multi-time frame functionality, which in my opinion helps with intraday trades.

21.2 Undo-Redo

This one is a fun feature that I really like. Many times, I mess up the charts by placing trend lines and indicators that does not make sense, like this one –

If you have to get rid of this, in most of the other platforms, you’d be required to select the trend line and delete. In TV, you can do this with a click. Please note, the undo functionality undoes only the most recent action.

21.3 Visibility

This is another cool feature. The visibility settings help you visualize a certain drawing or a trend line only on a certain time-period. Here is an example of Fibonacci retracement on the end of day chart –

Now, I change this to an hourly chart, and I can still see the Fibonacci retracement –

This can be a distraction as the study may not really be relevant to this particular time frame. TV has this feature wherein you can fix the study only to the relevant time frame, and when you change the time frame the study would not appear.

To do this, double click on the study and invoke the settings –

Here, I’ve specified that the study should be visible only on the end of day chart. So when I change the frequency to any other, this study will not appear.

21.4 Go-to date

This one is really cool. How many times have you been in a situation where you would want to figure out how the stock price behaved on a certain date on a specific time. Let’s say, I want to know what Infy did on 2nd Jan 2019, at 12:30 PM. To figure this, you usually have to scroll through the charts and after few trial and error, you’d land upon the exact date. There is no such hassle with TV, as TV has a ‘Go-to’, feature. This feature is so powerful that it can take you to the exact candle even on an intraday basis. This is available right at the bottom of the chart –

Here, I’m looking at March 5th, 12:15 PM candle –

21.5 HD images

How many times, have you created a meaningful chart with tons of study on it. You want to share it with your friend over what apps or just tweet it out, but you end up taking a screenshot of the chart and that results in a rather ugly output. You can avoid this by taking high-quality images of the chart on TV.

To get the image, all you need to do is click on ‘Alt + S’ –

This will give you an option to either save the image or tweet it.

I’ll keep this chapter open. I’ll add more interesting features as I discover them myself. Meanwhile, if you have something interesting to share, go ahead and comment below.

Happy trading!

118 comments

  1. Sudheer Chejarla says:

    Hello,

    Thank you for introducing this useful feature. I tried to find it on Kite but couldn’t find any option to open TV.
    Could you please help me to navigate to this feature?

    Regards,
    Sudheer Chejarla

  2. Mohan says:

    Your 8th March candle is not showing properly irrespective of charting software and scrips.

  3. Ankitkumar says:

    After the recent fiasco, i had made up my mind that my annual renewal date is coming on 10th April before that I will submit my account closure request with u guys. But after introducing tradingView on the platform, I just fell in love all again with the brand Zerodha. Keeping up with technical features is something nobody can take from zerodha.. And now I sure, as time pass by, zerodha will come up with solution for all the problems we, users, face during few occasions. U earned respect all over again! Thank You Zerodha

    • Karthik Rangappa says:

      Many thanks for your understanding and cooperation, Ankit. Unfortunately, the fiasco was not in our control and trust me, we are deeply disturbed by it. We will continue to do our best to provide the most amazing tools and features to our clients. It is more like a cause we are committed to.

  4. Bhushan K says:

    HI Karthik Ji,
    Accolades to Team Zerodha for Finally having TradingView Charts on your platform much after the false promises passed by Mr. T Siva.
    None the less, please look into the following points.
    1. TV charts do not get fit into one page. Thereby the portion of volume or other indicators cannot be seen unless the chart is pop out.
    2. The old functionality of choosing the ONLY SCRIPTS marked in the Marketwatch only are appearing. If the script is not added to the marketwatch then the chart is not allowed to be open. This is not in tune with the integeration which Sharekhan and Fyers (Entire platform of TV) is made available. Please allow all scripts irrespective whether it is added to marketwatch or not to be opened for charts.
    3. TV Features of Buy and Sell orders from chart is not made available. Without this it is of not much use since the same can be viewed on TV Website just by opening a FREE ACCOUNT. Please consider ASAP.

    Hoping to get a Favourable Reply from Team Zerodha.
    Indeed Mr. Karthik, honestly your efforts for Zerodha Varsity is unmatchable in the industry and is of highest quality parameters.
    Good Work Done Team Varsity. Hope to get more added modules on Derivatives and All sorts of Option Strategies for free reading and learning which other trainers and paid programs teach for more than 30K.

    Cheers
    Regards
    Bhushan K

    • Karthik Rangappa says:

      Bhushan, Siva has played a key role in getting this up a and running, so we need to be thanking him. Unfortunately, timelines are something that no one can bank upon 🙂

      1) For a feature rich charting package like TV, I guess it makes sense to pop out the chart. However, I will look into this.
      2) We have kept it this way to optimize on bandwidth. By the way, we have 40 * 5 scrips in marketwatch, this is 200 scrips. I guess this should be good enough 🙂
      3) You will have to popout and click on the top left button now. Looking into this though.

      I’m glad you liked the content on Varsity, Bhushan. We are looking at enhancing the content everyday!

  5. RYAN DIAS says:

    Why do the drawn lines wont get saved ??

  6. Abhijeet acharya says:

    In previous chart layout(chartiq) we could buy/sell with keyboard i.e B for buying, S for selling
    Can you please make it available on TV
    Also it would be amazing to open charts of the scrips that aren’t on marketwatch i.e without adding it to marketwatch like what we can do on tradingview

    • Karthik Rangappa says:

      Trade from the chart can be done by clicking on the top left icon.
      We have kept it this way to optimize for bandwidth. The marketwatch is deep enough to accommodate 200 stocks, Abhijeet.

      • Mohan says:

        Hi Karthik,

        This feature should be added otherwise we have to use free version of tradingview or investing.com for quick analysis.

        Thanks

  7. Srikrishna Rowthu says:

    Hi Karthik,

    I just wanna re-look at few concepts of “Technical Analysis” again here and I came back to see all the chapters. Luckily, I found this chapter very soon :). Very happy about this feature. (Looking at multiple time frames at a time). Earlier, I had to open 2-3 pop-outs of the same chart and select different time-frames and then compare one by one and come back.
    This was one of the problem which I was facing from a long time. Good that it got resolved now.

    And like “Bhushan” mentioned about “viewing share” without adding that script to marketwatch. That’s one concern.
    So, please try to work on this so that everyone is able to quickly look at any script chart without being able to add it to marketwatch.

    Great applause to you and your team. Good Work!!! Thanks again.

    Thanks
    Srikrishna

  8. Ajay Singh says:

    Hi Karthik,

    The Tradingview charts in kite don’t have an option to change the ‘Source’ of indicators like Bollinger Band, Moving Average etc. This simple feature is available in ChartIQ and TradingView. Can you please confirm if this feature will also be updated ?

    Thanks,
    Ajay

  9. kawal says:

    hi, can we trade from tv charts?

  10. Mohan says:

    Hi,

    I saved chart layout it worked fine on same computer but today I opened in office computer…it didn’t preserve my changes…is this normal ?

  11. Vishwas KS says:

    Hi Karthik,

    Why bar replay feature has not been made available?

  12. gautam says:

    who owns the trading view
    how long will it stay with kite

  13. nikhil says:

    hello sir,
    I was not able to find volume profile in trading view charts technicals?
    Is it available or is it on process?

  14. ABHISHEK KUMAR SAH says:

    Hi,

    I still prefer chartIQ because the interface is more faster and elegant.
    Also some of the indicators like ATR trailing stop loss is not available in TradingView and MACD histogram in chartIQ shows colour change which is visually more appealing.
    Will chartIQ be removed from zerodha?

  15. Dileep says:

    Hi,
    Thanks for integrating Tradingview and Zerodha.
    I am facing few issues with Tv Zerodha, could you answer these issues.
    1. dark mode is not available TV
    2. Option for selecting favorites
    3. saving the selected template as the default background template
    4. Tv is not showing in mobile App.
    Thank you.

  16. C Sah says:

    There is no volume profile indicator in tradingview charting. when this will be added?

  17. Ankit says:

    Can we export the chart settings from one login and then import into another login? We can then share chart settings with other users in forums, WhatsApp groups etc.
    Also, will be useful if there could be set of default chart settings/templates available to use or use as base to customise.

    • Karthik Rangappa says:

      Can we export the chart settings from one login and then import into another login? We can then share chart settings with other users in forums, WhatsApp groups etc. – No, this is not possible. But you can share HD images of the chart.

      Will be useful if there could be set of default chart settings/templates available to use or use as base to customise –> You can customise this and save as default.

  18. Davinder kumar says:

    I am not able to view weekly chart on trading view. I have tried multiple times for different securities but weekly charts not open. Daily and shorter time frames are working well. Plz fix this.

  19. Darshan says:

    When using multi timeframe settings, only one timeframe candles are updating while the others don’t work

  20. Mani says:

    Hello sir, I am very pleased to inform you that I scored 220 in TA module, those tests took me to CAT exam days.

    I was sceptical regarding TA sir, does it work?

    • Karthik Rangappa says:

      Mani, glad to note that! We have kept the tests and certification slightly on the tougher side, glad you cracked it 🙂
      TA/FA/QA are all techniques which work when applied with the right spirit and expectation.

      • Mani says:

        Those tests did really gave confidence to explore TA further sir,

        also I think I found a trade in Maruti, need your opinion on that,
        a bearish engulfing pattern followed by two spinning tops, but the uptrend is very small. Can this be considered as a shorting opportunity.

        Also I found some typos in certification test sir,
        in Q19, in that volume table picture, last row, increase is misspelled as increaser
        in Q24, in choice (1) correct RRR is 1.6 (37/22) instead of 2.6

        also for trades executed based on TA analysis, how to trail SL sir.

  21. tharun says:

    congratulations on introducing TV to Zerodha.
    the alerting system which is in TV , will this feature come to zerodha also.
    i think most of them will be willing to pay some amount yearly for this feature.

  22. Yeshwanth says:

    Its good but not best… still no sell and buy buttons on chart only we have power button on left side like old chart .
    Still lot of features needs to provide by Zerodha for an quick trading

  23. Samarth Goel says:

    I already contacted Zerodha Support regarding this issue, the issue is mentioned by other users in above posts. But still just wanted to give a suggestion if possible & you can implement it. I am already aware that CHART LAYOUTS on Trading View are not stored on cloud & are stored Locally On a Machine. But instead of saving them in BROWSERS CACHE MEMORY if it can be saved locally on to another location so if by any chance I clear the BROWSER CACHE, instead of creating all layouts again I can simply load them from a previous saved location. Because Browser Cache is not something that is permanent & needs to be cleared periodically, it becomes really frustrating in middle of trading to create the entire chart layout again if by chance the browser Cache is cleared. Please look into it if possible. Thanks.

    • Karthik Rangappa says:

      I understand, Samarth. Will pass on the feedback to the tech team. But I’m not sure since this is not an EXE, but a browser-based system.

  24. muniraj says:

    Hi
    plese add kite tradingview chart to candle Countdown timer indicator (scales) [email protected] @nithin @siva

  25. RAM SHANKAR MUKHERJEE says:

    how to save the chart setting permanently so that when i open the next day it will open in the same settings . it seems the chart is saving ticker wise and that too only on that day . the next day i cant find the saving template and do it again .

    • Karthik Rangappa says:

      Ram, the layouts are ticker wise only, saved in your browser cache locally. Templates are generic and saved on the cloud.

  26. Vivek Rajput says:

    Hello sir,

    Thanks for updating this feature

    How can we add two different stocks in one single layout so it will be easy to track stocks and charts from the same sectors
    just like the example of the indigo and SpiceJet.

    Regards.

  27. Rajesh reddy says:

    Thanks for updating with trading view
    Kindly reply this sir
    1) It’s very difficult to load indicators, time frame daily, Kindly reply me sir how can I make stick my regular time frame, indicators permanently to trading view chart.. (Such problem I didn’t notice in ChartIQ platform)
    2) I opened my zerodha account on 30 July 2018.. When and how should I have to pay Annual maintenance charges for my Demat account?
    Whether it will be automatically deducted from my trading account balance?

    • Karthik Rangappa says:

      1) What exactly is the problem, Rajesh?
      2) It will be deducted from your account

      • rajesh says:

        Whenever I open (TV) it opens with daily time frame with no indicators. I have to load indicators, change the time frame (5min) daily.

        I don’t think you require a TV platform. Just add buy and sell orders, order cancellation etc on the chart also, change colour from wheat white(looks dull) to pure white like the trading view, countdown, decrease watch list area (it increases space for chart area)

        • Karthik Rangappa says:

          Rajesh, you can always set a template with your favorite indicators and save on the cloud. You can loan it whenever you want.

  28. Giridhar says:

    Hi,

    TV integration is highly appreciated.
    I have a query, can paid plans like TV Pro or Pro+ be integrated with Zerodha? Making this possible will greatly help to all who are interested in premium features of TV.

    Regards

  29. Tom says:

    Hi, nice work its very usefull. I have one question and i hope anyone could help me with that:

    Im using TV pro since a year but he still DOESNT save my works… So my lines and drawings dissapear. Im using the same laptop. I usually got a few tabs opened with different currencies. The problem is he only saves the last one, even when i click on ‘save’ at all of them before i close Chrome… Its just ridicilous, im paying for this. TV doesnt reply on anything i tried so far.

    Anyone who can help me out…?? thanks.. !!

  30. Vishwa says:

    In the new Tradingview template, the weekly time frame charts are not loading properly for many equity shares (NSE). Either only 3-4 years of data is loaded, or even less, which makes no sense for Weekly time frame chart. The charts are loading properly for the daily time frame. I guess there is some bug with weekly charts only. Please look into it.

    Also, many charts are loading way too slow. Especially when I am switching to multi-screen window.

    I have sent the issue details with screenshots to [email protected]. Please have a look.

    I am using paid subscription of tradingview, and same charts are loading fine there. So, I am sure the bug is in the Kite Version itself.

  31. Sam says:

    Hello, will Zerodha be available in tradingview as a brokerage option anytime soon?

  32. Sumit Gore says:

    Hello,

    Is there a option to use custom indicator as available on original TradingView Platform.

  33. Dear Kartik,
    Is there any way I can customize the time frame? For eg I would opt for a 37.5 minute candle and monthly candle to be based on FO calendar month rather than on Gregorian calendar month .

  34. Atul says:

    Facing problem in weekly and monthly charts, they do not load.

  35. Abhijit says:

    How to delete saved study template on zerodha trading view charts on kite web? I have saved some templates on kite web which I want to delete. But clicking on the ✖ option next to the saved template does not delete the saved template from the trading view chart on the kite web. I have been trying to delete them for some time but I failed. Note- I don’t use kite pie. Is there any other way to delete them? Kindly do let me know. I hope you guys can solve my problem so I am thanking you in advance.
    Abhijit

  36. Atul says:

    Hi,

    Recently, the tradingview chart is empty/blank, even though its selected in the My Profile. The other chart option ‘ChartIQ’ works fine, but not the tradingview. Tried in chrome, and other browsers the chart just doesn’t load. Also, this was working few days back, and has suddenly stopped working, same is the case on the Kite app too. When the tradingview chart is chosen, only the price is shown at the bottom of the screen, but not the actual chart and is blank.

    Any reasons for this?

    -Atul

  37. sunil manchanda says:

    I WOULD LIKE TO KN WHEN CAN WE TRADE FROM THE CHARTS FROM KITE PLATFORM ON NEWLY INTRODUCED TRADINGVIEW CHARTS. ‘FYERS’ THE DISCOUNTED BROKERAGE FIRM HAS THE FACILITY. BUT WHEN WILL ‘ZERODHA’ INTRODUCE THIS?

  38. Aslam Randhanpara says:

    Sir,

    Kindly Make us available the Trading Journal App or please provide us the information on how to make trade journal in excel and how to maintain it

  39. Puneeth S says:

    Hi Karthik,

    On desktop when i save chart layouts,, the same is not reflecting on the mobile application. Am using Kite Version 3.0.1 Build 27

  40. sattya says:

    How many charts can be saved in layouts? I.m able to save only 10, if add 11th one, one will get deleted by default, why is this? can’t more charts be saved?

  41. abhishek kumar rai says:

    dear team,
    save option not working , my all load chart get erase next day . most frustrating.

  42. kishore says:

    Hi,
    In ChartIQ we had the option of continue of chart to check the price of previous month futures. How can i check the same in Tradinview chart?

    Regards
    Kishore

  43. Rahul says:

    When will I able able to write my own pine script indicator?
    Is there a plan to get this feature in?

    Thanks

  44. vijay says:

    awesome hear that all trading view features come to here
    but one things to miss in this features is
    please make tredline alerts on tredlines feature the only Trading view have this features
    so make this features to add for us.
    my favorites indicator is this tredline alerts

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