Trading Platforms

Introducing Continuous Futures Charts

Continuous-Futures-EQ-CDS-MCX

We’re happy to announce that we are the first brokerage in India to introduce continuous charts on the web across all the listed futures contracts on NSE and MCX. Starting today, traders can access continuous futures data for all segments including equities, currencies and commodities.

How does Continuous Futures work:

A continuous futures chart shows you the real-time and historical near-month futures data for that particular instrument. When you load a continuous futures chart on a particular scrip, you will be able to see the futures data for the current month and historical months but the difference is that the previous months’ data is replaced with the previous near-month contracts instead of the same series. Essentially, it is a chart which adjoins all the near-month contracts’ data in a single continuous futures chart so that traders can get a better perspective of the price action in the instrument in the past and present. For example, if you load the Bank Nifty near-month futures, you will get data of January series (current near-month) and all the historical near-month series monthwise starting from January 2018. In short, it is not a single futures contract but rather a combination of previous month near-month futures contracts to create a long-term chart. These charts eliminate gaps and give traders a clear picture of the price action. For example, take a look at this Bank Nifty continuous futures chart:

As you can see, the long-term chart is made up of previous near-month contracts arranged in order in the scrip. The dates shown in the X axis represent the starting day of each contract. For instance, the Jan 2019 contract becomes a near-month contract after the previous one expires (In Equity F&O, it happens on the last thursday of every month).

Continuous Futures data on FYERS Web:

Here’s what’s available on our platform, FYERS Web as of now:
It is available for all segments Equities, CDS and MCX contracts.
End of Day Data is available starting from January 2018.
Intraday historical data on the charts is available starting from 1 minute timeframe.
Continuous futures is available by default. You will not need to load them as such.

How Continuous futures charts are useful:

Continuous futures charts combine previous and current near-month contracts and reduce the price gaps which are caused due to time premium in futures. After joining them together, it creates an artificial price series which is helpful in forecasting trends because the charts are smoother. Traders can use technical analysis indicators, tools, moving averages etc., to help make the best use of the available data. In India, these charts are most useful in in scrips where the underlying price is not readily available. This is especially applicable to commodities listed on MCX. In such cases, it is the best reference point for commodities which are traded over the counter (OTC) in the spot market.

As a trader, in the past I always wanted to have this feature on a trading platform but unfortunately, no broker was able to provide it. Fast forward a few years and we’re the first broker to deliver this feature across all segments on the web. If you have any doubts or need further clarifications, please write to me in the comments section below. I will reply at the earliest.

Happy trading folks!

Tejas Khoday

Tejas Khoday

Tejas is the Co-Founder & CEO at FYERS, the youngest team to get NSE’s broker license. He has a specialization in finance and has over 10 years of work experience spanning across proprietary trading, risk management, and broking. Tejas & his team started FYERS, a technology-focused brokerage as a mission to transform the trading/investment landscape in India.

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99 Comments

  • Avatar Manish Ghugaradare says:

    First of all thank you for introducing continuous futures charts on web! Request you to extend this feature on Android app as well. Since, now a days, we have our mobile with us always, it is helpful to analyze the thing using android app as well.
    Apart from this, request you to introduce something for downloading historical data into excel and build some software where we can run backtesting of our strategies.

    • Tejas Khoday Tejas Khoday says:

      Hi Manish, Glad you find value in it. Yeah, we will re-do the mobile app and introduce these charts on mobile in the future. Stay tuned.

      With regard to historical data, we have other plans. I will let you know soon via a blog post.

  • Avatar Sagar Patil says:

    Wow! Only brokers to provide so much continuous futures in equities and commodities. I am happy about FYERS and it’s progress. I was very surprised that Fyers is a self-funded broker in the day and age of massively funded companies. You will go a long way as you are hearing what traders want and implementing what is required. If you add backtesting and algo trading, you will rock it.

    • Tejas Khoday Tejas Khoday says:

      Hey Sagar, Thanks for appreciating us and our progress. Yeah, it’s the day and age of massively funded startups. We will stick to our guns and do what’s right for our clients. Do tell your friends and peers about us if they wish to trade/invest. It’ll go a long way in growing our community.

  • Avatar Dhruv Bhura says:

    how do i upload scripts for my watch list ? like we have option in tradingview ?

  • Avatar Meet joshi says:

    Hi sir,

    Can you please tell me how much continous futures data on intraday basis (10min or 15min candle) is available for MCX?

  • Avatar Prashanth says:

    Hi Tejas,

    Great work again! Could you please let me know if there is anyway we can download this historical intraday data, so that we can backtest our strategies automatically. Maybe, facility to pay a subscription for each script/segment or a one time fee for such data?

    • Tejas Khoday Tejas Khoday says:

      Hey Prashanth, We currently don’t allow users to download data. However, we are working on APIs which will help you with automation. We’re refining the edges before launching.

  • Avatar Manender Singh Bana says:

    Hi Tejas, Fyers is the best platform across the country. But one important thing is missing i.e. “PRICE ALERT”.
    Please Introduce it ASAP. I and We need it at the first place.
    Thanks.

    • Tejas Khoday Tejas Khoday says:

      Hi Manendar, We will introduce price alerts once we complete our existing projects. I agree that it is a popular requirement. When we do deliver, we’ll make sure it’ll be worth it.

  • Avatar Samika says:

    Hello… is there any book you would recommend i read to get a better and more clear understanding of futures and how they work.

    • Tejas Khoday Tejas Khoday says:

      I recommend you read School Of Stocks. We’re going to write about all trading related concepts in a simple and concise manner.

  • Avatar Prashanth says:

    Hi Tejas,

    Great job with the continuous Future charts and also for implementing the option to choose between continuous and regular charts.
    This is such a big help, and I joined Fyers just because of this feature. So, thank you!

    Also, not completely related to this topic, but when can we expect Cross Currency scripts to be available for trading on Fyers? Is it anytime soon, or no plans for now?

    • Tejas Khoday Tejas Khoday says:

      Hi Prashanth, Thanks! We got some feedback from several traders who wanted the option to switch from one to another. So we worked on it. We intend to launch cross-currency soon. No timelines yet but we have it in mind. Maybe in the second half of the year. Strangely, there aren’t enough volumes as yet.

  • Avatar Pankaj Gupta says:

    i have notice one common problem on weekend while studying the chart that on every Saturday that last candle of the charts is unusual candlestick which was actually not formed at all and on every Sunday when i open same futures chart i cant see the candle of Friday.

    • Tejas Khoday Tejas Khoday says:

      Hi Pankaj, WHenever you see an odd candle on a saturday, please note that it is due to testing in the exechange mock environment which happens on saturdays. Please ignore it as the the mock data will be erased after the session has been completed.

      • Avatar Pankaj Gupta says:

        And what to do about the missing candle of Friday. As it is very important to see Friday’s candle to study the charts.

      • Tejas Khoday Tejas Khoday says:

        Missing candle of Friday? Only Mock session data will be erased. The other data of previous days will remain (Friday included).

  • Avatar Rahul grover says:

    Sir in continuous futures chart while trying to load nifty fut chart..the last available bar is of 1 feb 2019. Earlier it used to provide historical data of 2018 also which really helps in backtesting my strategy.Please look into this issue.

  • Avatar rahul says:

    it was one of the most important feature i use but now while trying to load nifty futures chart it just shows last available bar is of 1st feb,2019.Earlier it used to provide historial data of 2018 also.Tejas Sir kindly rectify this issue as backtesting can not be done. Help Will be very much appreciated.

  • Avatar TJoe says:

    It would have been better if continuous futures charts were provided via a different symbol code (Eg. just ZINCMINI without any expiry date). I am facing an issue where I had to rollover to Apr19 expiry on 25th Mar as your rep had called and asked me to do it by market close due to some compulsory physical settelement (I don’t think ZINCMINI is part of it at the moment). Now the prices for subsequent trades that I took from 25th Mar to 29th Mar don’t appear on ZINCMINI APR19 chart at all. Eg. on 29th Mar I went long two contracts of ZINCMINI APR19 at 203.25 around 18:23 hrs. If you see the chart, the price is nowhere near that, it is far above it. I am not sure which prices are those, they surely are not of Mar19 contract.

    I think you should have separate symbol codes for continuous charts and pure expiry based charts. This way there will be no confusion. At the moment in your web tool there is noway to look at pure expiry based chart (according to Fyers support).

  • Avatar Prashanth says:

    Hi, To be specific of my requirement,

    with this continuous data, how far back can i see on a 15 min chart for Currency futures. I needed the data for at least the past 1 year, to test my strategies.

    I am planning to open an account with Fyers, based on the response for this just for this feature. If it does work as expected, thank you very much in advance. Couldn’t find an other platform which provides this sort of data for all segments.

    • Tejas Khoday Tejas Khoday says:

      Hi Prashanth, You can see 1 year+ intraday historical data starting from 1-minute candles.

    • Tejas Khoday Tejas Khoday says:

      Yes, currently we are the only broker in India to provide such data.

      • Avatar Prashanth says:

        Yes, surely is. Keep up the great work!! This is one of the most essential features to back test our strategies in Futures.
        Thank you very much for the response. Will be opening an account with Fyers.

  • Avatar Ketan says:

    Thank you for this feature. We were waiting for this feature for a long time.

  • Avatar Lalit Rao says:

    On FYERS WEB whenever I try to place an order using LIMIT type why isn’t it showing LTP instead it is showing some historical point and sometimes a lot of zeroes then 1. Could you please fix this I don’t think it would be a huge upgrade but it could help us place orders quickly like 5 paisa above LTP and all.

    • Tejas Khoday Tejas Khoday says:

      Hey, please write about this to us here – support@fyers.in with a screenshot so that we can get a clearer understanding and resolve the issue. Thanks!

      • Avatar Kuldeep Gaikwad says:

        Hi Tejas,

        Moving Average is most commonly used strategy by traders. Teadingview provide Moving Averages with values like High, Low, Open, Close and other options.

        When we have this feature in Fyers?

        Expecting it soon, thanks.

  • Avatar Sitaramaraju says:

    Is there any option to save horizontal lines in flyers mobile app.

  • Avatar Pankaj Gupta says:

    Can we have split/merger adjusted future continuous charts.

  • Avatar Sugantha says:

    Thanx to Fyers for this update! Requesting add price alert on ‘Fyers Web’ ASAP.

  • Avatar Keerthan says:

    Excellent feature! I would like to highlight that the there is an issue with the fibonacci tool. It does not take a single color. Had highlighted this in the past to support but it hasn’t been rectified yet. Popout charts don’t seem to work as well. Your developments are highly appreciated. I would like to ask for two things that would greatly help many traders. First one would be the Price alert feature and the second one would be a boring candle indicator(a indicator that highlights candles whose body is less than or equal to 50% of the range). The boring indicator would immensely help a lot of price action traders. Thanks and highly appreciated.

  • Avatar Pankaj Gupta says:

    Can we have the split adjusted futures continuous chart?

  • Avatar Pankaj Gupta says:

    Can we have the dividend adjusted continuous futures charts?

  • Avatar Ronith Sinha says:

    Hello Sir! When will this feature be available for commodities and currencies?

  • Avatar Jameel says:

    your effort is commendable sir, plz still awaited for BO phase 2, SL order

  • Avatar Raghu says:

    Happy for the latest update in web platform
    It will be useful when 1 hour candle history before July 2017 is available in equity market since daily candle alone can’t be used to take better decision
    If possible add full list of fno stocks in a watchlist of web platform

    Rectangles drawn don’t stick between different time frames and also between synchronized charts most of the times
    Horizontal lines drawn show wrong values in synchronized chart.I use 2 chart layout (up & down) with symbols synced for my analysis
    Already(last week) raised ticket numbers are 9084513 & 1711966. Expecting all these fulfilled as soon as possible.

    • Tejas Khoday Tejas Khoday says:

      Hey Raghu,

      1. We have started recording intraday historical data from July 2017. This is among the highest in India. Each passing day will add to the history so we will have a larger repository of historical data for all scrips.

      2. Yeah, currently we have this for stocks and not FNO. We didn’t add it cos the number of scrips are so many to fit into a single watchlist.

    • Tejas Khoday Tejas Khoday says:

      Hey Raghu,

      1. We have started recording intraday historical data from July 2017. This is among the highest in India. Each passing day will add to the history so we will have a larger repository of historical data for all scrips.

      2. Yeah, currently we have this for stocks and not FNO. We didn’t add it cos the number of scrips are so many to fit into a single watchlist.

      3. We just checked at our end it works. Hmmm, could you get in touch with our support team with regards to this? When did you experience this? It would be helpful if you can show this to our team on remote viewing. Will ask the team to get in touch with you and do the needful.

      Thanks for writing.

    • Tejas Khoday Tejas Khoday says:

      Hey, we have raised the issue with TradingView and will observe this going forward. It’s working fine at our end.

      • Avatar Raghu says:

        Hi Tejas, thanks for your immediate support.
        If it is the problem only at my end i hope it will be corrected soon by the support team.I already sent some screenshots and shown the issue at my end to support person through anydesk.
        With regards to your question I experience this daily (in both of my laptops).

      • Tejas Khoday Tejas Khoday says:

        Thanks, we will look into it.

  • Avatar Venkatesh V says:

    Dear Tejas,
    This is Venkat and recently joined fyers club and im just happy and excited to see your new initiative and efforts to make fyers traders experince to a level where no one could imagine. In this regard i have a veyy important feedback and suggestion.

    in the chart time frame i see an imp time frame i.e 75 Min is missing and exept that everything is prefect.
    No need to tell you the importance on this as you divide our market hours in a proper slice you get 5 X 75 minutes candles which gives a true picture of a stock price action in a more meaningful way. and i see this would significantly improve in seeing the stock technical analysis in a much more effcient way.

    Hence i hope you would certainly do consider my this suggstion and get it implemneted asap. trust as you are using trading view as platform this is certainky would not be a difficult task.

    Hope to hear from you
    regards
    Venkatesh

  • Avatar Karan says:

    Need a platform for mac os

  • Avatar dhamu says:

    Its really a wow feature! And requesting you to enable price alert.

  • Avatar vinod says:

    What an update. I always need to switch to spot rate for previous support and resistance but this update is awesome. Keep it up and work for alerts on the reaching price level. Thanks

    • Tejas Khoday Tejas Khoday says:

      Vinod, We’ll take up alerts as a separate project. We can’t take it up at the moment as we are working on BSE data and other things.

  • Avatar Hitendra Patil says:

    No doubt fyers is almost topper among the best brokers for intraday traders in India. This feature is sure icing on the cake. Nevertheless, there are times when when charts stop real-time updating on fyers web. You need to fix that asap.

    • Tejas Khoday Tejas Khoday says:

      Hi Hitendra, Thanks for appreciating us. We have resolved that quite sometime ago. IF your computer is left idle or goes into standby mode, kindly reload the page to make a reconnection to the server.

  • Avatar Vaibhav says:

    Well, this is something i was waiting since long time. I have traded with most of the brokers but the experience with Fyers platforms is amazing. All the best team Fyers!.

  • Avatar ashish says:

    thnx adding this feature its definitely helpful .can you please add realtime alert on fyers web.and add hot keys for buy and sell

    • Tejas Khoday Tejas Khoday says:

      Hey Ashish,

      1. Glad you like it.

      2. Yeah, we will but we want to take that up as a separate project as I’m sure we will receive multiple feature requests and whatnot.

      3. Hotkeys are available. To buy, Click Shift+B.
      To Sell, Click Shift+S

  • Avatar soorya hz says:

    Its really useful feature when all past data display on one chart screen , most needed for derivative segments .

  • Avatar MAAYA says:

    The first broker to deliver this feature………Really great!!!
    Making trader’s life much more easier as you grow every day. keep going!!!

  • Avatar Ajay says:

    Great news! Best trading decision can be taken using continuous futures because we can compare the variation in the prices. We can even compare how the contracts are trading this month when compared to previous year. This will be helpful to make best trading decisions. Thanks for the continuous charts. Hope we will see lot more new features in the platform.

  • Avatar anitha banu says:

    It is really a piece of happy news for traders….. now waiting for Limit entry for BO orders and BO in MCX @Tejas Khoday

  • Avatar arun kumar says:

    Thanks for a awesome update
    Its very useful for analysis and very happy too .you are the first broker to Introduce this feature

  • Avatar SWASTIK AIREE says:

    Happy to know that Fyers is coming up with new features. Soon you guys will beat Zerodha.

  • Avatar Niranjan542 says:

    Is it 1 year intraday data for commodities also?

  • Avatar Madhu says:

    Tejas, Dude you’re the man! We been asking Zerodha to do this for donkey’s years and still they have not done it… Very good actually I saw the update before reading your post and I was like am I missing something here? It’s cool man.. I really route for you guys.

  • Avatar vikas says:

    tnks tejas sir !! dis is vry gud feature

  • Avatar Varsha Gowda says:

    Wonderful Update.
    Hope Fyers keeps introducing new Features like this which makes traders life easy :-p

  • Avatar Roopa says:

    I came to know that you have introduced this feature based on Client’s request. It’s a very good thing by you because most of the brokers doesn’t consider the client’s request this serious.

    • Tejas Khoday Tejas Khoday says:

      Hey Roopa, Yeah some of our clients had asked for it and I personally wanted this to be done soon. Glad to be the first to have done it finally.

  • Avatar Sachin says:

    Really happy that Fyers Introduced continues chart in MCX. Now I can do the required analysis and take my positions accordingly.

    Kudos Fyers!

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