Trading on TradingView: How to trade futures and options directly from charts
In today’s dynamic trading landscape, staying ahead of the curve is crucial for success. With the rise of online trading platforms, traders have access to an array of tools to help them make informed decisions.TradingView is one such platform that has gained immense popularity among traders due to its user-friendly interface and powerful charting capabilities.
TradingView offers a powerful platform that allows you to seamlessly trade derivative instruments such as futures directly from charts. If you’re an options trader, keep reading to learn how you can trade your derivative of choice from charts. But first, let's start with the basics.
What is TradingView?
The TradingView platform provides you with a plethora of services making your trading journey efficient. Widely used by 50M+ traders, the TradingView offers you deep insight into the financial markets along with technical analysis and charting tools.
The platform doubles down as a community as well, with traders and investors from around the globe sharing ideas and strategies every hour. With the assistance of this platform, you can spot new opportunities and trade in them. Furthermore, it allows you to share your trading strategies and have a live stream of your analysis.
Whether you are a trained professional or just stepping foot into the trading paradigm, TradingView is suitable for all. Not only does it provide you with immense features, but it also lets you customise them. For instance, while using the charts quadrant, you can set its time frame and select its type, among other customisation features.
Among these buckets of features, TradingView charts allow you to trade futures directly from charts with ease and convenience.
TradingView charts: Trade futures directly?
There are various ways to leverage the TradingView platform to your advantage, such as using its charts for analysis or trading directly from them. The ability to trade futures and options directly from charts is a standout feature of the platform, and here is how to do so:
Create an account: The first and foremost step is to create an account on TradingView. If you are an existing user, then log in otherwise, sign up. Fill in the required details, choose the subscription plan, and your profile will be active.Select the derivative instrument: Choose the futures or options contract that you want to trade. You can use the trading platform's charting tools to analyse price movements and identify potential entry and exit points.Connect broker: Dhan is the only Indian broker that you can use to trade futures and stocks directly from TradingView. Here is how you can connect to TradingView.
![Tradingview exclusively with Dhan Tradingview exclusively with Dhan](/uploads/2023/04/19/tradingview-is-trading-platform-that-has-user-friendly-interface-and-powerful-charting-capabilities-due-to-which-it-has-gained-immense-popularity-among-traders-0.jpg)
By leveraging Dhan's integration with TradingView, you can access advanced charting tools, real-time market data, and a wide range of trading features.
Best part? Dhan’s native platform is called tv.dhan.co allows you to trade futures as well as options from TradingView charts with the same experience.
![Charts on tv.dhan.co Charts on tv.dhan.co](/uploads/2023/04/19/tradingview-is-trading-platform-that-has-user-friendly-interface-and-powerful-charting-capabilities-due-to-which-it-has-gained-immense-popularity-among-traders-0.jpg)
Conclusion
TradingView is a powerful and popular platform that can help you upscale your trading journey. The easy user interface of the platform allows you to smoothly carry out the process of futures and option trading directly from charts.
If you're looking to expand your knowledge and take your investment or trading journey to the next level using TradingView, you may want to explore the online trading platform - Dhan.
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This story originally appeared on: India Times - Author:Faqs of Insurances