Introducing Real-Time Technicals on Dhan

Hello Traders,

If you are a trader, you know this - Charts and Pattern Analysis has always been very important for Intraday and Options traders.

Reading these charts with technical indicators gives more insights and strengthens the conviction toward a trade. Dhan charts have 100+ technical indicators with a consolidated list here. We have always ensured that we make the best use of these and build better trading products that will help you trade better - with information, insights and data. Some of the earliest users know we built this just after the launch and introduced Technicals & Technical Orders on Dhan (more about that can be read here) which is now available on Dhan Web, Dhan App & also our Options Trading app.

At Dhan, we have visually shown these popular technical indicators in a separate section on the company page. This helps traders to get a sense of technicals before they go to the charts, like how one reads and analyses fundamentals & financials of the company.

Till now, we showed all this information to you based on the previous day. Now we take your trading experience further & better with the introduction of - Real-Time Technical Indicators.

Introducing: Real-Time Technical Indicators on Dhan web

Let’s start with asking a basic question that we asked ourselves - why would we trade today on the basis of data from yesterday? And especially when we are going to take a position for a small time frame - say a few minutes or less than an hour? It didn’t make much sense, so we got to build this.

Starting today, we have introduced time-frames to our Technical section of all our company pages on Dhan web. You can select between the shorter time-frames like 1 minute, 5 minutes, 15 minutes and of course the standard 1 day period to view the technicals on any stock on Dhan.

The list of these real-time technical are as follows:

  • Pivot Points - Standard
  • Pivot Points - Fibonacci
  • Pivot Points - Camarilla
  • Simple Moving Average (SMA) - 5,10,20,50,100,200
  • Exponential Moving Average (EMA) - 5, 10, 20, 50,100,200
  • Relative Strength Index (RSI)
  • Average True Range
  • Stochastic
  • Stochastic RSI
  • MACD
  • Average Directional Moving Index (ADX)
  • Ultimate Oscillator (UO)
  • Rate of Change (ROC)
  • WilliamsR

Along with these real-time technicals, in the Pivots Point section, you will see the LTP moving in real-time, this makes it easy for traders to find support or resistance and trade instantly with technical orders. When you click on the yellow button of a technical order, you will get a technical scale with R1, R2, R3, P, S1, S2, and S3 plotted and easily pick the desired price point to place this order.

Hope you like this update. Let us know below in the thread what all more indicators you want to see in the future on this page.

It’s live now on Dhan web, and we hope to bring this on Dhan app and on the Options Trader app very soon.

Happy Trading, as always on Dhan!

Product Team
-Naman

5 Likes

Do we have a youtube video on this? How to use this settings?

Hi @Jigar,

The Technical indicators help you decide on your trading decisions. Currently, we have an option to place a Technical order only from our App based on Pivot points only. We have attached a quick video, which shows how to use this. Once you are on the scrip information page, simply go to the Technical tab, and click on “Place Technical Order” at the bottom. Here you will be able to see a Pivot Scale and clicking on any point, the Limit price will be populated automatically for you to place an order accordingly.

Hope this clarifies.

TI (1)

@Naman : Can we expect future dated (for example tomorrow or coming week’s) CPR and Pivot points to be plotted on the Dhan trading view chart? Though not native to TradingView, still there we can get these using custom scripts

Hi @SnehashisD

Noted. Let us evaluate this. We will try to make this as part of our roadmap.

@Naman Any plan to add the following two in the future release roadmap?

  1. Price alerts facility from TV chart directly
  2. Importing file (.csv, .txt, etc) to add many scripts to the watchlist

By the way, Thanks for this excellent platform. I am someone who has migrated from Groww, Kite, Fyers and finally liking Dhan

Hi @SnehashisD

Yes, already in roadmap. Will communicate to you when we are live with these features.

1 Like

Can you please add Twap (Time weighted average price) ? on TV this indicator exists but not under Dhan TV.

@007Decoder This seems a community indicator. We now have Connect-to-Broker integration with TradingView which helps you use such indicators. Read more here Now Trade Directly from TradingView.com with Dhan :tada:

Hi im not seeing it on my dhan app ??
How to update for this technical scanner
Please advice
Thanks