Home Forums Order manager How can I automatically exit all positions before the market closes?

How can I automatically exit all positions before the market closes?

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    • I trade only intraday. Right now, I have to manually square off my positions every day before the broker’s auto square-off time.

      Sometimes I forget or I’m away from the screen.

      Is there any feature in AlgoDelta that can automatically close my positions before the market closes?

    • Yes, definitely.

      You can do this using either:

      -Order Manager

      -JSON Bridge

      Both support automatic position exit based on time.

      For this example, I’ll show it using Order Manager.

      Step 1 :  Go to the Order Manager.

      Click: “+ Add Order Group”

      If you don’t have a group already, create Group first and select it or you can connect the individual account also.

      Step 2 : Click: “+ Add Position”

      Now configure your trade.

      -> Example:

      -Already Open: Disable

      -Transaction Type: Buy

      -Segment: Future

      -Script: ADANIPOWER26JUNFUT

      -Order Lot: 1

      -Product: Carry Forward

      -Order Entry Type: Direct

      Step 3 :

      Enable the end time filed at the right upper of the pop up.

      -End Time: 15:15:00

      You can also configure:

      -Start Time

      -Target

      -Stop Loss

      -Trailing Stop Loss

      Then click Add.

      That’s it.

      When the configured End Time is reached, AlgoDelta will automatically exit the position for you.

      So if you set the End Time to 3:15 PM, the trade will be closed before the broker’s auto square-off process starts.

      -> This is very useful for intraday traders who don’t want to manually monitor and exit positions every day.

      Note : Orders will only be managed in the child accounts connected to the selected group.

      • Author↳ Replying to @Algodelta Support

        Appreciate the guidance.

        The instructions were clear and easy to follow. I tested it on my side and it is working properly now.

        Thanks again for the support.

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