How to Use TradingView Free for AI Trading
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.
Pro Charts
Candlestick, Heikin Ashi, Renko. Timeframes from 1s to monthly. Multiple charts.
Pine Script
Native language for indicators and strategies. AI generates the code for you.
Alerts
Set alerts for when your indicators fire signals. Email/push notifications.
100% Web
Runs in the browser. Chrome, Firefox, Safari, mobile. Zero install.
Free vs Paid β what changes?
| Feature | Free | Essential ($12.95/mo) | Plus ($24.95/mo) |
|---|---|---|---|
| Indicators per chart | 3 | 5 | 10 |
| Custom Pine Script | Yes β | Yes | Yes |
| Active alerts | 5 | 20 | 100 |
| Simultaneous charts | 1 | 2 | 4 |
| Custom timeframes | No | Yes | Yes |
| Ad-free | No | Yes | Yes |
| Backtesting | Yes β | Yes | Yes |
π‘ 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
Go to tradingview.com
Click “Get started for free”. Sign up with Google, email, or Apple ID.
Pick the free plan
Paid tiers will be offered β ignore them and select “Basic” (free). It works for everything we need.
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.
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.
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.
Add to chart
Click “Add to chart” (blue button). Done β your custom indicator appears on the chart!
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:
- TradingView for analysis and AI indicator signals
- Deriv Bot / Deriv Trader / IQ Option to execute trades
- 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
- Public indicators: Library with 100,000+ free community indicators
- Bar Replay: “Rewind” the market and practice on historical data
- Compare assets: Overlay 2+ assets to spot correlations
- Drawing tools: Fibonacci, trend lines, channels β 50+ tools
- Screener: Filter stocks, Forex, and crypto by technical criteria
- Heatmap: Visualize entire markets by performance
- Pine Script Strategy: Convert indicators into strategies with auto backtest
- Multi-condition alerts: “Notify when RSI < 30 AND price touches the lower band”
- Paper trading: Simulate trades with no real money inside TradingView
- Chart notes: Annotate your analysis and reviews on each asset
Example: RSI indicator with AI on TradingView
Ask ChatGPT or Claude:
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.
π Build your indicators with AI and test on a free demo account:
Open Deriv Demo Account βAlternative: IQ Option Demo β
π Keep going
β How to Build Indicators with AI (5 Ready Prompts)
β 10 Pine Script Indicators Ready to Copy
β Deriv Bot: No-Code Bots
β Start Here
