Compare Feature & Overlay Analysis

With access to 3,539,722 instruments, the Compare feature lets you overlay any two (or more) of them on the same chart. This is invaluable for identifying correlations, relative performance, and divergence patterns.

By overlaying a secondary asset onto your primary chart, you can directly observe how two instruments move in relation to each other over any timeframe.

Using the Compare feature is simple. Click the '+' (Compare or Add Symbol) icon on the top menu, then search for the additional symbol you want to overlay.

When adding a symbol, you have two primary options:

1. Same % Scale: The new symbol is plotted on the same percentage scale as the primary asset. This is the default and is perfect for comparing relative performance over time.

2. New Price Scale: The new symbol gets its own price scale (usually on the left side of the chart). This is useful if you need to see the exact price levels of both assets simultaneously.

One of TradingView's hidden superpowers is the ability to do math directly in the symbol search bar. Instead of just overlaying two charts, you can divide one by the other to create a true Ratio Chart.

For example, type 'NSE:TCS/NSE:NIFTY' directly into the symbol search. TradingView will plot a single line representing the ratio between TCS and Nifty. If the line is rising, TCS is outperforming the Nifty. If it's falling, TCS is underperforming.

This technique cleanly removes the noise of the overall market and isolates the stock's true relative strength — a method used by every institutional portfolio manager.

The Compare feature has several powerful applications for Indian market traders. These exact comparisons are how institutional traders allocate capital across sectors.