Trading in the financial markets may seem like a simple task. You choose a security, enter a target price and place an order. Later, within a few minutes, hours or days — depending on your time horizon — you exit your position when the price is at a favourable point and take home the profits. Simple, right?
Except, it isn’t as cut and dry as this. Whether you are trading in the stock market or the more volatile F&O segment, timing your entry into and exit from the markets is almost always a challenge. This is particularly true if you are trading a volatile market segment or security. You need to monitor the price movement, change your strategy as the price moves and find the right time to buy or sell, as the case may be.
Here is where TradingView charts, integrated into the Samco trading platform, can be a revolutionary addition to your repertoire of trading tools and solutions.
A Closer Look at the Necessity and Accessibility of TradingView Charts
Trading charts are crucial for traders in any market segment. For F&O traders who deal with highly volatile securities, these charts are particularly important. TradingView, the world’s leading super-charting platform, offers traders the unique opportunity to track stock and security prices in real time using multidimensional charting tools.
However, there’s a catch. Most TradingView tools and charts are offered at a premium. For the average retail trader, paying this additional fee only adds to the cost of trading. So, many traders refrain from signing up on this incredibly beneficial platform. Instead, they continue to participate in the market blindly — often relying on impulsive trading and speculation rather than informed trading and strategy.
Samco Securities offers traders the bridge between affordability and accessibility. This leading technology-driven stock broker has partnered with TradingView to integrate the super-charting platform’s tools and insights directly into the Samco trading app.
The result is simple yet game-changing. If you are a Samco customer with a Samco trading account, you can log into the Samco trading platform and access all the comprehensive charting tools from TradingView for free. This is a unique privilege that traders in the Samco trading community enjoy. With no additional charges levied to access TradingView charts and technical indicators, you can simply log into your Samco trading app and track market data live, with all the necessary data available at your fingertips.
Let us take a closer look at how this pioneering collaboration between Samco Securities and TradingView can benefit traders across market segments in India.
5+ Revolutionary Benefits of the Samco-TradingView Partnership
By collaborating with the global charting platform TradingView, Samco Securities has democratised access to previously inaccessible charting techniques and indicators. If you have an account with Samco, you can now access the best features of TradingView for free in the Samco trading app.
As an increasing number of traders flock to the cash and derivative segments of the market, TradingView charts continue to stand out as a top tool for stock and options traders. Through the Samco trading app, you can easily access a suite of features that enhance analysis, decision-making and your overall trading strategy.
Here’s why this partnership is extremely rewarding for users of the Samco trading app.
1. Real-time Data and Global Market Access
TradingView charts integrated into the Samco trading platform offer up-to-date, real-time data across a wide range of markets — including stocks, options, futures and more. This is crucial for traders who need to make quick decisions based on the latest market movements. For example, if you are an options trader looking to capitalise on an earnings report, having real-time data allows you to see immediate market reactions and adjust your positions accordingly.
2. Comprehensive Charting Tools
TradingView offers extensive charting capabilities that allow users to view and analyse historical data in depth. In the Samco trading app, you can explore various types of charts — which include basic variants like candlesticks, line and bar charts as well as advanced charts like Renko, Kagi, Heikin Ashi and more. You can choose the chart variant that best aligns with your needs. For instance, by using candlestick patterns, you can spot bullish reversals and set up call option strategies accordingly.
3. A Wide Range of Technical Indicators
TradingView solutions integrated into the Samco trading platform are equipped with hundreds of pre-built technical indicators and oscillators like moving averages, RSI, MACD and Bollinger Bands, among others. These indicators help you identify potential entry and exit points. For example, you could use the MACD to find momentum shifts in the market to time your options trades to capitalise on short-term price movements.
4. Social Trading Features
TradingView’s community features make it easier for traders like you to share ideas, strategies, and insights. Options traders, in particular, can benefit from this collective knowledge by learning new trading strategies or getting second opinions on their analysis. It’s an easy yet effective way to tap into the collective intelligence of a global trading community, which can often lead to better-informed trading decisions.
5. User-friendly Interface and Accessibility
The interface of the TradingView charts integrated into the Samco trading platform is intuitive, making it easy for both beginners and experienced traders to navigate the tools without any hassle. Additionally, the platform is accessible from various devices like desktops, tablets and smartphones. This means you can monitor the markets and manage your trades at any time, from anywhere.
6. Customisable Alerts
TradingView also offers a customizable alert system, which can be invaluable for stock and options traders alike. You can set up alerts for price levels, technical indicators or even news releases — so you never miss a trading opportunity. For instance, if you are waiting for a stock to hit a specific price before buying a call option, you can set up an alert to notify you when this price level is reached. This way, thanks to such custom alerts, you can stay on top of market movements no matter which market segment you are trading in.
A Step-by-Step Guide to Access TradingView for Free via the Samco Trading App
To tap into all the benefits of TradingView charts outlined above and to leverage the multifaceted advantages they offer, all you need to do is choose Samco as your trading partner. Opening a Samco trading account is easy, even if you already have a different account.
Once you complete the Samco account opening process, you can simply log into the Samco trading app and access TradingView charts for your preferred stock or security using the steps outlined below.
Step 1: Log into your Samco trading app.
Step 2: Tap the magnifying glass icon to search for the index, stock or security for which you want to analyse the charts.
Step 3: Click on the relevant result.
Step 4: Select the ‘Charts’ option to view the TradingView charts for your preferred stock or security.
It’s that simple!
Make Strategic Trading Decisions with TradingView via the Samco Trading App
In addition to giving you access to all the charts on TradingView for free, the Samco trading platform also offers various unique benefits that can elevate your trading performance. You can view 16 charts on a single layout, track over 50 technical indicators and even save your chart layouts without any limits or restrictions.
These singular advantages make it easy to keep up with fast-changing market data and empower you to make strategic trading decisions with real-time market insights. The best part is that you can benefit from these charting tools without paying any additional fee whatsoever.