Why Zerodha is not integrating Custom indicator?

Technical Analysis Charting on Kite
1

I have noticed that some useful indicators, such as the Darvas Box and the Range in CMO (upper and lower limit) , are not currently available for use.

I understand that the Pine Script source code for these indicators is publicly available on the main TradingView community scripts library.

Could you please provide some insight into the process or challenges involved in integrating these community-developed indicators into the zerodha platform?

I believe adding these indicators would be a valuable enhancement for many traders

2

The TV library does not include community-developed indicators in the broker platform charting library integration.

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3

Why you not integrating tv if all are doing I know your response dialogue we can’t Fully depend on tv because they are not registered office in India and not good for company so why you providing basic tv ? Give full access our just Kick out totally don’t play in grey area we want to give tv but limited @siva @Arockiya_Raja

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4

Because in current integration we send them back no data but in full integration we may need to pass data of users, their order details etc hence we are not ready to do full integration, we will stay this way.

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BTW, @siva what exactly is “full data of users” above, referring to?

  • An anonymized user-id?
  • User’s actual profile?
  • User’s activities/interactions on the chart?
  • Something else as well?

Depending on what all user-data is getting captured/sold by such TradingView integrations (that are apparently being avoided so far on Kite), it sounds like the kind of dark-patterns / bullshit that is conveniently being ignored / deliberately brushed under the carpet by others in the market, in the name of features/convenience.

I wish there were a way to highlight such shenanigans in any of the education initiatives being pursued. Maybe an article detailing this aspect, which can be linked/shared in response to the recurring “Why this feature is missing in TradingView integration…” requests on this forum and elsewhere.

In the meantime, is there any section/link in TradingView REST API for Brokers | Broker Integration Manual or some such public link that we can refer to, to learn more about (and spread awareness of) this aspect? :thinking:

6

I just said generally if origination of orders is happening on other sites. We never pursued that way unless we have control of that third party platform, basically skin in the game.
TV is a renowned platform only but as a company policy unless we have control over the platform we don’t do full integration.

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What about the 3rd party RMS+OMS that is used by Zerodha? Are they safe to use?

8

Yes, because they are empaneled with exchanges, and exchanges gave permission to use them.

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9

So the indicators should be limited…? I am using trading view free version there are some indicator like CMO i cant set upper and lower limit like rsi…

So i use CMO indicator from community library which is same but people can set upper and lower limit like RSI…

Does Zerodha can do this from their side?

10

Yes of course , ii too believe this is the right approach , This will protect in case TV collapses or they close the operation,or in case acquisition of TV by some one and we may not give the freee access and we have to search for another charting provider

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11

We’re evaluating the possibility of supporting custom indicators. If feasible, popular requests will be prioritised. Your input has already been noted.

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