How to Add Synthetic Indices on TradingView: Step-by-Step Guide
TradingView is a useful resource for studying price movements, identifying trends, and applying technical analysis. Its charts provide access to numerous markets and a wide range of analytical tools (including indicators) and a built-in virtual trading feature to practice buying and selling.
However, most traders struggle to add synthetic indices on TradingView. But worry not. In this guide, we take you through every step of how to add synthetic indices on TradingView and what to do if they cannot be found.
Does TradingView Have Synthetic Indices?
The answer is yes. However, not every synthetic index is available as a native TradingView symbol. In fact, many traders often struggle to add synthetic indices on TradingView because they use the wrong symbol or name.
TradingView displays market data supplied by supported exchanges, brokers, and data providers. Therefore, for a particular synthetic index to appear on TradingView, it must be provided by a compatible data source.
As a result, if you search for a specific synthetic index and find nothing, it does not necessarily mean you have configured TradingView incorrectly.
How to Add Synthetic Indices on TradingView
- Step One: Open TradingView
Start by opening TradingView via its official website or app. If you don’t have an account, register first. This will make it easy for you to start saving your charts and building custom watchlists.
Once logged in, open the chart interface. Here is where you can search for instruments, change timeframes, add indicators, and perform technical analysis.
- Step Two: Open the Symbol Search
The current symbol is always displayed near the upper-left portion of the chart. You can click the symbol or use TradingView’s search function to open the “symbol search” window to find specific instruments.
In our case, we want to find and add synthetic indices. So, if your provider calls an instrument “Volatility 75,” try searching for the exact name. Another option is to type your broker’s name alongside the word “index” to see if their synthetic indices are integrated directly into TradingView.
- Step Three: Check the Data Source
Finding an instrument with a similar name does not automatically mean you have found the correct synthetic index. Before opening the chart, visit the link and check the source or broker associated with the symbol.
This step is particularly important for synthetic indices because different brokers price and generate their synthetic indices differently.
If the correct synthetic index appears in the search results, click it to load the chart. At this point, TradingView will replace the existing chart with the selected instrument. You can also add it to your watchlist to make future access easier.
What if You Cannot Find Your Synthetic Index?
This is always a source of frustration for many traders. However, there are a few ways to troubleshoot and correct the issue. If you search for a synthetic index and cannot find it, there are several possible explanations.
Sometimes, that specific synthetic index is not available through TradingView. Remember that TradingView does not automatically provide every instrument offered by every broker or financial platform.
Another common reason is that the instrument may exist under a different symbol or naming convention. So, confirm and check your broker’s documentation for the exact instrument name and symbol.
