Table of Contents
Setting Up TradingView for Indian Markets
TradingView provides real-time data for NSE, BSE, and MCX. Create a free account at tradingview.com. To view Indian stocks, type the stock name followed by 'NSE:' or 'BSE:' (e.g., NSE:RELIANCE, NSE:NIFTY). For commodities, use MCX:CRUDEOIL or MCX:GOLDM.
The free plan includes NSE/BSE data with a slight delay (1-5 minutes). For real-time data, you need either a TradingView Pro plan or a separate NSE/BSE data subscription. Most traders find the free plan sufficient for daily analysis and planning.
Essential setup for Indian traders: Add India VIX to a separate panel for volatility monitoring. Set the timezone to IST (UTC+5:30). Create watchlists for Nifty 50, Bank Nifty components, and your personal trading universe. Enable market hours highlighting to see pre-market and closing sessions.
TradingView Plan Comparison for India
| Feature | Free | Essential (Rs 1,125/mo) | Plus (Rs 1,875/mo) | Premium (Rs 4,375/mo) |
|---|---|---|---|---|
| Charts/Tab | 1 | 2 | 4 | 8 |
| Indicators/Chart | 3 | 5 | 10 | 25 |
| Real-time Data | Delayed | Available (add-on) | Available | Available |
| Alerts | 5 | 20 | 100 | 400 |
| Pine Script Strategy | 1 saved | Unlimited | Unlimited | Unlimited |
| Customer Support | Community | Standard | Priority | Priority+phone |
| Ad-free | No | Yes | Yes | Yes |
For most Indian traders, the Essential plan is sufficient. It removes ads, allows 2 charts per tab, and supports 5 indicators per chart. Upgrade to Plus if you do multi-timeframe analysis (need 4+ charts visible simultaneously). Premium is for professional traders who use Pine Script extensively.
Best TradingView Features for Indian Traders
Multi-Chart Layouts: View Nifty, Bank Nifty, and India VIX simultaneously. Compare sectors side-by-side. Monitor international markets alongside Indian indices.
Screener: The built-in stock screener filters NSE/BSE stocks by technical criteria (RSI, moving averages, volume) and fundamental data (PE, market cap, revenue). Invaluable for finding trade setups.
Replay: Practice trading on historical data. Replay any day in the market at any speed. Perfect for backtesting strategies and learning without risking money.
Drawing Tools: Trend lines, Fibonacci retracement, support/resistance zones, Gann tools, and more. Drawings sync across devices so your analysis is always accessible.
Top Indicators for Indian Markets
VWAP: Essential for intraday Nifty and Bank Nifty trading. Institutional benchmark. Use as dynamic support/resistance.
SuperTrend (10,3): Popular among Indian options traders. Clean buy/sell signals on 15-minute Nifty chart.
Camarilla Pivot Points: Automatically calculates daily support/resistance levels. Particularly effective on Bank Nifty.
Open Interest (OI) indicator: Community-created indicator that displays Nifty option chain data on the chart. Shows where institutional money is positioned.
Pine Script Basics
Pine Script is TradingView's programming language for creating custom indicators and strategies. You do not need programming experience to learn it. Basic Pine Script can be learned in a weekend.
Example: Simple Moving Average Crossover Alert
//@version=5
indicator("SMA Cross India", overlay=true)
fast = ta.sma(close, 9)
slow = ta.sma(close, 21)
plot(fast, color=color.green)
plot(slow, color=color.red)
buySignal = ta.crossover(fast, slow)
alertcondition(buySignal, "Buy Signal", "SMA bullish crossover")
This script plots two moving averages and creates an alert when the fast crosses above the slow. Apply it to any Nifty or Bank Nifty chart for automated signal notifications.
TradingView Community for Indian Traders
TradingView has a large Indian community sharing ideas, scripts, and analysis. Search for 'NIFTY' or 'BANKNIFTY' in the Ideas section to see analysis from other Indian traders. Follow traders with consistent, well-reasoned analysis to learn new perspectives.
Publishing your own analysis builds your reputation and attracts followers. Some TradingView analysts monetize their following through paid groups, courses, or signal services. Even without monetization, the community feedback improves your analysis quality.
XM offers TradingView-quality charting built into MT5, plus 80+ technical indicators. Open a demo account to test the platform setup before committing real capital.
Try XM Charts on DemoFrequently Asked Questions
Is TradingView free for Indian markets?
Yes. TradingView offers free access to NSE, BSE, and MCX data with slight delay. The free plan includes 1 chart per tab, 3 indicators, and basic features. For real-time data and advanced features, paid plans start at Rs 1,125/month.
Which TradingView plan is best for Indian traders?
The Essential plan (Rs 1,125/month) is the best value for most Indian traders. It removes ads, provides 2 charts per tab, 5 indicators per chart, and 20 alerts. Upgrade to Plus only if you need 4+ simultaneous charts for multi-timeframe analysis.
Can I trade directly from TradingView in India?
TradingView has limited broker integrations in India. Some brokers like Dhan offer TradingView chart trading. Most Indian traders use TradingView for analysis and their broker app (Zerodha Kite, Angel One) for execution.
Is TradingView better than Kite charts?
TradingView has superior charting with more indicators, drawing tools, multi-chart layouts, Pine Script, and community features. Zerodha Kite has faster order execution and integrated trading. The ideal setup is TradingView for analysis and Kite for execution.
TradingView charts are powerful for analysis. For execution, pair them with a broker. Exness and XM both support MT5 which you can run alongside TradingView. Analyze on one, execute on the other.
Connect with Exness