Hi, I want to trade from charts (place, modify, cancel from chart itself). Which software provides this type of functionality ?
There’s a quick trade panel on the popped out charts of Kite 3 from where you can place and manage your positions/orders.
Chech this for more.
You should check out Interactive Brokers.
They are the best when it comes to trading directly from the charts. They have a whole feature set called “Chart Trader” with which you can just drag and drop the horizontal lines and order is immediately sent to exchange. I found this feature very unique among all the trading platforms available out there. I use this feature extensively for placing stop loss below the major support areas (when long and vice versa for short). It’s also helpful when you have a bracket order - you can simply drag and adjust the target and SL orders…very cool feature
Also, they have “hot buttons” at the bottom of the chart for predefined order sizes. For ex, you can have a standard position size of 1lakh for each trade which you can map to a button, so when you press that button system will automatically calculate the number of shares (closest) to 1 lakh and place the order
Here’s a quick screenshot
The IB platform looks quite counterintuitive at first look but I assume people get used to it
Yes, it’s feature rich but needs some time getting used to.
Looks Like Spaceship Control software.
Thank you Neha, I will surely check it out.