DXcharts Introduces Ability to Create Custom Indicators in English via New In-Chart AI Assistant

WHY THIS MATTERS: The introduction of a natural language interface for creating custom charting indicators represents a significant step in the democratization of sophisticated financial tools. This move is less about a new feature and more about addressing a core barrier in retail brokerage: the need for coding knowledge to execute advanced technical analysis. By embedding a conversational AI assistant directly into the chart, Devexperts is aligning with the broader trend of making algorithmic trading accessible to all users, not just professional quants. For firms, this innovation is a powerful enhancement to the overall user experience, driving engagement by enabling their clients to seamlessly test complex trading strategies. The value lies in empowering a new generation of non-technical traders to experiment and gain autonomy without leaving the platform, thereby increasing platform stickiness and reducing learning curves.

Devexperts, the global software developer for the capital markets, has announced the introduction of a new in-chart trading assistant for both its enterprise- and non enterprise-level financial charting library, DXcharts.   

The feature, which is available as part of a new DXcharts package, will offer traders the opportunity to create indicators in English via an AI assistant. The feature is designed to drastically simplify the process of generating custom indicators by removing the need for technical programming knowledge.   

Using natural language in English, traders will be able to ask the AI assistant to apply custom indicators to their charts, enabling them to carry out advanced technical analysis simply and easily, without the need for programming knowledge or know-how. The new feature offers a number of key advantages, including:  

• Easier indicator transfer from one platform to another 

• Shorter learning curves 

• Freedom for traders to experiment with different custom applications.  

Crucially, the new capability provides firms with the opportunity to significantly enhance user engagement, by giving traders the ability to seamlessly carry out advanced financial charting tasks with accuracy and ease.  

DXcharts is the powerful financial charting library from Devexperts. Its full-scale offering combines advanced technologies, in-depth customization capabilities, and extensive documentation to provide sophisticated financial charting solutions for traders.  

With an extensive (100+) indicator library and offers a comprehensive (40+) suite of drawing tools, DXcharts enables traders to work directly with orders and positions; choose between diverse layout options; and easily compare instruments for an overall improved trading experience.  

The new feature, which is designed to further support traders offering them an enhanced user experience, also provides traders with an opportunity for feedback on execution, for further ongoing improvements.  

Denis Krivolapov, Product Manager of DXcharts, says: “This is an update we are excited to bring to DXcharts, as part of a new DXcharts package. The in-chart AI assistant will mean traders can easily and seamlessly request certain actions to be carried out – such as adding an indicator – enhancing DXcharts’ offering and providing a more enjoyable technical analysis and financial charting experience. The AI assistant is designed to act as a truly collaborative support for traders, enabling even those without deep technical knowledge to achieve the outcomes they desire for their charting. The ease of use and ability to stay on one screen are further advantages offered by this update, which we hope will be enjoyed by traders and firms alike.”  

FF NEWS TAKE: This capability is highly disruptive, moving the needle for trading platforms by redefining what constitutes a modern user experience. By removing the programming barrier for technical analysis, Devexperts has set a new benchmark for accessible algorithmic trading. We predict a rapid rush by competing retail brokerage platforms to integrate similar natural language processing tools. The key area to watch next will be the evolution from simple indicator creation to full strategy backtesting and optimization entirely via conversational prompts.