πŸ“Š Tutorial

How to Use TradingView Free for AI Trading

By PrimeTraderAI Team Β· May 2026 Β· 12 min

TradingView is the most powerful chart analysis tool in the world β€” and the free version is more than enough to build indicators with AI, analyze markets, and make trading decisions on Deriv or IQ Option.

In this guide I’ll show you how to set everything up from scratch, use the Pine Editor to paste AI-generated indicators, and integrate with your trading platforms.

What is TradingView?

A professional charting platform that runs in the browser. No download needed. 50M+ users worldwide. Works for Forex, stocks, crypto, commodities β€” any market.

πŸ“ˆ

Pro Charts

Candlestick, Heikin Ashi, Renko. Timeframes from 1s to monthly. Multiple charts.

πŸ“

Pine Script

Native language for indicators and strategies. AI generates the code for you.

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Alerts

Set alerts for when your indicators fire signals. Email/push notifications.

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100% Web

Runs in the browser. Chrome, Firefox, Safari, mobile. Zero install.

Free vs Paid β€” what changes?

FeatureFreeEssential ($12.95/mo)Plus ($24.95/mo)
Indicators per chart3510
Custom Pine ScriptYes βœ…YesYes
Active alerts520100
Simultaneous charts124
Custom timeframesNoYesYes
Ad-freeNoYesYes
BacktestingYes βœ…YesYes

πŸ’‘ The free version is enough!

To build indicators with AI and paste Pine Script, the free version works perfectly. The 3-indicators-at-once limit is workable β€” just build indicators that combine multiple signals into one (AI does that easily).

How to create your free account

01

Go to tradingview.com

Click “Get started for free”. Sign up with Google, email, or Apple ID.

02

Pick the free plan

Paid tiers will be offered β€” ignore them and select “Basic” (free). It works for everything we need.

03

Open a chart

In the top search bar, type the asset: EUR/USD, BTCUSD, or Volatility 75 (for Deriv). The chart opens instantly.

How to use the Pine Editor for AI indicators

Here’s the magic: AI generates Pine Script code β†’ you paste in TradingView β†’ indicator works.

A

Open Pine Editor

At the bottom of the screen, click the “Pine Editor” tab. If it’s not there, click the 3-dots menu and enable it.

B

Paste the AI code

Delete the default code. Paste (Ctrl+V) the Pine Script code that ChatGPT or Claude generated. See our ready-to-use prompts.

C

Add to chart

Click “Add to chart” (blue button). Done β€” your custom indicator appears on the chart!

D

Set up alerts

Right-click the indicator β†’ “Create Alert”. Set the condition and get email/push notifications when the signal fires.

Integrating with Deriv and IQ Option

Recommended workflow:

  1. TradingView for analysis and AI indicator signals
  2. Deriv Bot / Deriv Trader / IQ Option to execute trades
  3. Use TradingView alerts to know when to trade

For full automation:

  • Deriv: Convert the Pine Script strategy to Python (ask AI) and use the Deriv API. Or ask AI to build an EA in MQL5 for Deriv MT5.
  • IQ Option: Use TradingView alerts + manual execution on IQ Option. Automation via the unofficial API has account ban risk.

10 features every trader should know

  1. Public indicators: Library with 100,000+ free community indicators
  2. Bar Replay: “Rewind” the market and practice on historical data
  3. Compare assets: Overlay 2+ assets to spot correlations
  4. Drawing tools: Fibonacci, trend lines, channels β€” 50+ tools
  5. Screener: Filter stocks, Forex, and crypto by technical criteria
  6. Heatmap: Visualize entire markets by performance
  7. Pine Script Strategy: Convert indicators into strategies with auto backtest
  8. Multi-condition alerts: “Notify when RSI < 30 AND price touches the lower band”
  9. Paper trading: Simulate trades with no real money inside TradingView
  10. Chart notes: Annotate your analysis and reviews on each asset

Example: RSI indicator with AI on TradingView

Ask ChatGPT or Claude:

AI Prompt
Create a Pine Script v5 indicator that shows green
buy arrows when RSI crosses below 30 and red sell
arrows when it crosses above 70.
Add alerts and paint the background.
Comments in English.

AI generates the complete code. Paste in Pine Editor β†’ Add to chart β†’ done. See more examples in our article How to Build Indicators with AI.

πŸš€ Build your indicators with AI and test on a free demo account:

Open Deriv Demo Account β†’

Alternative: IQ Option Demo β†’

PT

PrimeTraderAI Team

More at Start Here.

⚠️ Educational content. Trading involves risk. Contains affiliate links to Deriv and IQ Option. Disclaimer.

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