Can Fyers Provide All Indicators Available in TradingView?
When it comes to trading platforms, Fyers and TradingView have their respective strengths and features. While Fyers offers a range of indicators, it is essential to understand whether it provides all the indicators available in TradingView.
Standard Indicators Available in Fyers
Fyers currently offers all the standard indicators that are available in TradingView and a few additional indicators such as the CPR indicator. These standard indicators are highly useful for traders and financial analysts.
User-Created Indicators in TradingView
For user-created indicators, which are not standardized and unique to each user, you would need to access TradingView directly. These indicators are often paid for or shared based on community agreements. Fyers does not provide these user-created indicators as it would require direct access from TradingView to its users and violate their platform policies.
Why Fyers Does Not Offer All Indicators from TradingView
TradingView has strict policies for third-party access. They want all their users to remain within their platform to ensure a cohesive and controlled environment. As a result, Fyers cannot offer all the indicators that are available in TradingView, but they offer a significant portion of these indicators.
Comparing Fyers and TradingView Features
Fyers is particularly strong in offering options data and MCX (Multi Commodity Exchange), which are not yet available in TradingView. This unique combination of features makes Fyers a valuable alternative for traders and analysts who need access to specific markets and data.
Accessing Indicators in Fyers
As of now, Fyers offers over 80 different indicators. While this is an impressive number, it falls short of the full range available in TradingView. However, it covers a broad spectrum of needs for most traders and analysts.
Conclusion
In summary, while Fyers cannot provide all the indicators available in TradingView, it offers a substantial subset of these indicators, along with unique features such as options data and MCX. If you need a platform with a complete set of indicators, you may need to use TradingView directly. However, for users who need specific market access or a detailed set of built-in strategies not provided by Fyers, TradingView remains the go-to platform.
Overall, Fyers is a robust platform with many valuable features that align with the needs of traders and analysts looking for a range of indicators and specific market access.
Related Keywords: Fyers, TradingView, Standard Indicators