Hello Traders,
We have always ensured best and foremost features on Dhan Charts, and this time we are enhancing order placement through Charts with features that will simplify execution and make trading even better for you.
It has been a year since we launched Dhan Charts and we have over a period of time made the experience better for traders - with features like Baskets, Option Chain, Instant Orders for Scalping, Additional Indicators, Indices, and much more. The feedback from our users keeps coming and we get to make this better. Today, all the updates we are announcing were asked by community members, hence continuing our motto of building products & features with the community.
Here is the full list of enhancements:
Margin and Leverage
The community has asked quite a few times to view Margin Required to place and execute an order successfully on Dhan Charts. There were few tradeoffs to balance for this feature to bring on Dhan Charts considering the limitations of the charting library - but here we are with Margin & Leverage view.
To view the margin required for any scrip to trade, right click on the chart you will see a dialog box with an option of “View Margin”. An overlay will appear with details like product type,margin to pay, leverage multiple etc and action to directly Buy or Sell. Also, there is a toggle on the top-right corner to switch between Buy & Sell transaction type.
Quick Selections for Orders: Default Product Type & Quantity
Dhan Charts is optimised for fast order placement. To quickly execute a trade you need a personalised setting which remembers your order preferences. There has been a continuous request to set a default product type for the user. We heard you. Now, along with saving your last traded order quantity for instant order placement, you can also pre-set your default orv.dhander type - Intraday or Over Night (CNC).
Head over to User settings, and you can set ‘Default Product’, which will be saved as your order preference.
MTF (Margin Trading Facility) in Baskets Orders
Margin Trading Facility (MTF) on Dhan is one of a kind experience. It was always requested to extend this product type on other Dhan platforms. We recently made MTF available on APIs and now we are making it live on Dhan Charts via Basket Orders.
For Swing Traders who trade on charts, place MTF orders and get 4x leverage on 950+ stocks. Select product type as MTF from the order placement window while adding scrip in your baskets and place MTF basket orders on Dhan Charts. This is just a start, we are planning to bring more around MTF in the next few updates.
Moving Average in OI Indicator
Open Interest Indicator on the Dhan charts is inhouse built indicator. We have deployed it on all our platforms. Improving this indicator we have given the option for Moving Average of OI, both SMA & EMA, you can select the length (period) for calculating MA of OI from the settings of the indicator.
New Library Update for Charts
Not just this, we have optimised our charting performance to make it even better for trading and also a bit faster. And yes, in our endeavour to always have the best experience for our customers, we have upgraded to the latest Charts Library. This has few UI changes in the top toolbar, list as below:
- Button padding & separator size have been reduced
- Compare button has shifted next to Symbol
- Drawing icon is now more prominent
- New full screen icon
- Save button style better highlights when there’s a change
- Top toolbar now extends to left & right edges for full screen experience
- UI font changes to a default system one
- Undo/redo buttons are now relocated next to the save button
There are a few more updates and performance improvements, let us know below in the thread if you find and experience. That is all for now, with more updates see you next time.
Happy Trading
– Hardik
