If you are wondering how to connect Dhan to Tradingview, this article will walk you through the essential steps. After reading this article, you should be able to connect your Dhan to Tradingview without any difficulty.
What is Dhan?
Dhan is a SEBI-registered online trading and investment platform launched in 2021. The broker has various financial instruments for trading and investment comprising Stocks, Futures and Options, Commodity, Currency, and ETF. The platform is seen as one of the most advanced trading platforms with many advanced features like free APIs, webhooks, Trader's Diary, and Tradingview integration.
Dhan has zero charges on account opening, and besides, it doesn't charge any AMC. Further, the platform has nominal brokerage charges with ₹0 brokerage charges for Equity Delivery, ₹20 or 0.03% of trade value per executed order, whichever is lower for Equity Intraday, and all segments Futures, and a flat ₹20 per executed trade for all segments Options.
Dhan comes with good web and mobile applications characterized by advanced charting tools, multiple order types, and useful fundamental and technical data. The platform also offers comprehensive customer support through live chat, email, and phone.
What is Tradingview?
Launched in 2011, Tradingview is a Charting application available for free. Once you create an account with Tradingview, you can access charts of different financial instruments by getting to the Tradingview website or using its mobile applications.
Tradingview is extensively used by traders and investors all over the world. Almost all online brokers have an in-built Tradingview charting tool in their applications. It's also worth mentioning that Tradingview charts of brokers and actual Tradingview website differs in terms of chart update time. Most traders consider Tradingview website to be more accurate than Tradingview charts of brokers.
How to Connect Dhan to Tradingview: The Essential Steps
You need to open a Dhan account and an account with Tradingview for this setup. Before jumping into the integration, it's essential to understand how this setup works and its benefits.
Connecting Dhan to Tradingview, you can place and manage orders from your Tradingview chart. Most importantly, the chart on the Tradingview website updates faster than the one the online broker uses.
However, not to confuse this Tradingview chart with Dhan's in-built Tradingview chart. The chart we are concerned about here is an independent Tradingview chart, and you will need to have an account on the Tradingview website to use it.
Here are the essential steps you need to follow to connect Dhan to Tradingview:
- You need to keep your Dhan account credentials handy.
- Next, you will need to sign in to your Tradingview account.
- Once you are in your Tradingview account, you can get to the bottom and click on “Trading Panel.”
- You need to look for the Dhan icon in the Trading Panel section.
- After you find the Dhan icon, you can click on it and enter your Dhan credentials.
- Once you connect your Dhan account to your Tradingview account, you should be able to place Buy and Sell orders by simply clicking on the different levels on the price line.
- You can manage your positions in the Trading panel section itself.
- Besides, with this setup, you have the convenience of dragging your Stop Loss and Targets to your desired position.
Dhan has many advanced features, and the trading platform allows you to connect your Dhan account to your Tradingview chart to buy and sell from your chart. The setup has some advantages and offers better accuracy. I am sure you should now know how to connect Dhan to Tradingview after reading this article. Most importantly, you can experiment with this setup without paying a single penny since Dhan account opening is free.
How to Connect Dhan to Tradingview: FAQs
What is Dhan, and why would I want to connect it to Tradingview?
Dhan is a SEBI-registered online trading and investment platform with advanced features. Connecting it to Tradingview allows you to place and manage orders from your Tradingview chart, which updates faster than the broker's chart.
How do I open a Dhan account?
To open a Dhan account, visit their website and follow their account opening procedure, which is free of charge.
Is there a fee for using the Dhan and Tradingview integration?
No, there is no additional fee for using the Dhan and Tradingview integration. Dhan offers free APIs and doesn't charge for Tradingview integration.
Can I use Dhan's in-built Tradingview chart for this integration?
No, you need to have a separate account on the Tradingview website to access and use the independent Tradingview chart for this integration.
How do I connect my Dhan account to Tradingview?
To connect Dhan to Tradingview, follow these steps:
- Sign in to your Tradingview account.
- Go to the “Trading Panel” section.
- Find the Dhan icon.
- Click on it.
- Enter your Dhan credentials.
What can I do once my Dhan account is connected to Tradingview?
Once connected, you can place Buy and Sell orders by clicking on different levels on the price line. You can also manage your positions and adjust Stop Loss and Targets conveniently.
What are the benefits of using Tradingview for trading with Dhan?
Using Tradingview with Dhan provides faster chart updates, advanced charting tools, and the ability to place orders directly from your chart, enhancing your trading experience.
Does Dhan charge an annual maintenance fee (AMC)?
No, Dhan does not charge any annual maintenance fee (AMC). It offers a cost-effective trading experience.
How can I reach Dhan's customer support if I encounter issues with the integration?
Dhan offers comprehensive customer support through live chat, email, and phone. You can contact them for assistance with any issues.
Can I experiment with the Dhan and Tradingview integration without any cost?
Yes, you can experiment with this setup without incurring any charges since Dhan offers free account opening. It allows you to test the integration at no cost.