As I understand it the following shows all take place in the same shared universe:
- Arrow
- Flash
- Constantine
- Vixen
- Legends of Tomorrow
- Supergirl (confirmed)
- The Flash (1990)
- Freedom Fighters: The Ray
And any others that arrive.
As I understand it the following shows all take place in the same shared universe:
And any others that arrive.
There are multi-part crossovers that span multiple shows that won't make complete sense if you watch one but not the other:
It's common for the status quo of characters on one show to have an effect on another show. For that reason, it's highly recommended that you don't start a new season of a show until you are up to date on all other seasons for the shows up to that point.
For instance, Ray Palmer is introduced as a recurring character in Arrow Season 3 and is traveling through time in Legends of Tomorrow Season 1, taking place concurrently with Arrow Season 4.
Ray Palmer guest stars in The Flash Season 1, Episode 18. If you watch that before the character is introduced in Arrow Season 3, you won't know who Ray Palmer is. If you watch it during or after Legends of Tomorrow Season 1, you'll wonder why he is taking a break from time travel to help The Flash.
Here are the seasons of each show that were running concurrently:
The shared universe between these shows is called the "Arrowverse" because Arrow was the first show in the series. Therefore, it's the proper place to start. All the series were released in chronological order (no prequel series).
While there are a lot of references between the two series, only a few of them are important crossovers. Fortunately, this means that you don't have to watch the shows in lock-step with when they originally aired. You can usually watch about half a season of one show before you reach a point that assumes you are caught up with another show.
The only major crossover points are as follows:
Usually these crossovers reflect whatever the current state of the status quo on the other show is (e.g. how the Arrow is viewed by the police, how developed Barry's powers are, who the supporting cast is), so it's good to get caught up before watching them.
For a more thorough explanation of the crossover events, see Mike Edenfield's answer for In what order should I watch Flash and Arrow TV Shows?.
Here is a more exhaustive viewing order that highlights these main crossover points, accurate as of January 2016 (feel free to edit this if it is out of date):
Before The Flash
Before the Arrow Season 3, Episode 8 and The Flash Season 1, Episode 8
The Flash's episode is first in the two-parter
Before Flash Episode 17 and 18
Before Arrow Season 4 and The Flash Season 2
Before Arrow Season 4, Episode 5
Before Legends of Tomorrow
Before Arrow Season 4 Episode 15
Before Supergirl Season 1 Episode 18
If anyone has any suggestions for this viewing order, I will be happy to hear it.
* Note that in the original broadcast, Supergirl 1x18 was aired before The Flash 2x17.
On this page: http://www.imdb.com/list/ls074499769, someone compiled an extended view order, including Arrow, Flash, Vixen, Constantine, Supergirl, and Legends of Tomorrow.
I hope this is what you're looking for:
Arrow Seasons 1 & 2
Arrow Season 3 / The Flash Season 1 / Vixen Web Series
Constantine Season 1
Arrow Season 4 / The Flash Season 2 / Legends of Tomorrow Season 1 / Supergirl Season 1
In my opinion, its more fun to watch all the shows. I have not watched Constantine and Vixen, but I'm considering doing so. I am not sure Flash (1990) is related.
As was stated by another person, watching all shows helps you better understand what's happening with all the characters; however, as one of my professors told me, you don't HAVE to do anything. I advocate for at least watching the 3 mains. I watch the 4, as stated above. I like Arrow and the Flash. Also, I ship Oliver and Barry as besties. :) They need to make more Arrow/The Flash crossovers in my opinion.
Legends, is ok. I can understand not wanting to watch it. But is more fun compared to Arrow's darkness and Barry kind of starting to channel Oliver in The Flash season 2 and, admittedly more so the new Oliver, again now in season 3. Its Doctor Who in the DC verse. Fun facts: the Rip Hunter comics predate Doctor Who, and Rip Hunter is played by the same actor who played Rory.
Supergirl is, at times, very much a liberal setpiece. That is not always bad. As a female who likes superheroes, I very much like how they are trying to get rid of the fact that most female superheroes were written by men who were exercising some fantasy when making their costumes. Also, the fact that most female superheroes seemed to be made as a counter to a male superhero. It goes a little too far in the left-ward direction sometimes, but mostly, it goes just enough to make me happy. Also, it is one of the few recent shows I have seen with a female lead where they got rid of the love-triangle angle. That alone makes it awesome to me. The crossover episode with the Flash in Supergirl 1x18 was super adorable. And sure, it was kind of played off that Barry was used to make James jealous, but it could also be seen as someone who had been doing this a little longer offering advice, and also gave Barry and Kara a chance to play around with their powers.
If you decide to watch the 4, looking at the release orders is the best indicator. The timeline doesn't always seem to match up, but enough so you can keep up.
Here’s both a simplified watching order and a detailed timeline which breaks up episodes based on flashbacks/time travel/etc.
http://thetimelinesite.com/dc-cw-universe
The 1990 Flash TV Series isn’t technically part of the same universe as the Arrowverse, but it’s been heavily implied it occurs in an alternate universe, so far numerous versions of Earth have been shown on Flash, Earth-1 being the main universe Arrow, Flash, Legends of Tomorrow, Vixen and Constantine occur on, Earth-2, Earth-3 and a few others being alternate Earths shown on Flash, and Earth-38 is the universe Supergirl occurs in. Earth-X (presumably Earth-10) was also introduced in the recent Crisis on Earth-X crossover.
Presumably the 1990 Flash TV series occurs on an alternate Earth (just no official designation yet). There have been numerous callbacks and connections between the 1990 and 2014 Flash shows, from John Wesley Shipp playing Flash in the 1990 show and Flash’s father in the 2014 show; the actors who played Tina McGee and Julio from the 1990 series both reprised those same roles in the 2014 series (presumably just the Earth-1 versions of those characters), as well as Mark Hamill’s Trickster appearing in both versions of the show and his sidekick Prank recently reprising her role from the 1990 series.
Plus, in the 2014 show, when traveling through the Speed Force, Barry saw a glimpse of the 1990 show’s Flash, cementing fact it does indeed take place within the same multiverse.
It’s not essential viewing for the Arrowverse, but it does provide some interesting connections.