βœ–

Home Forums Order manager How to enter a trade only when the price “breaks out”?

How to enter a trade only when the price “breaks out”?

  • Author
    Posts
    • πŸ“ Question Details

      27Suppose I don’t want to buy a Nifty Option at the current price of β‚Ή90. I only want to enter if it crosses β‚Ή100, because that’s when the “breakout” happens. But I can’t sit and stare at the screen all day waiting for β‚Ή100. How can I automate this entry?

    • Yes, to solve this We have a specific feature for this called LTP Entry Trigger.

      See for this we have the LTP entry what it does basically instead of direct entry, we will have the option that we can make the entry based on LTP.

      so, if we set trigger to 100 then when the LTP reaches to 100 our platform enters the trade and immediately starts watching your Target (if you set suppose = β‚Ή120) and Stop Loss (if you set suppose = β‚Ή90) for you.

      So that’s how we will solve this problem. For more you can explore our app.

Viewing 1 reply thread
×

Start a Discussion

Get help from the AlgoDelta community.

×

Welcome Back!

Enter your email to sign in or create an account. No passwords needed.

⏳

Pending Approval

⚠️

Delete This?

Are you sure you want to delete this? This action is permanent and cannot be undone.

Scroll to Top