Can someone please help me with placing of Bracket order for FNO category using python3

Manan_Shah · June 22, 2024, 11:01am

Hi Team

I am trying to place bracket order for below scenario.
lets suppose current buy price 23500 CE is 100 rs
I want to buy if the price reaches 110 rs with SL of 90 rs and target of 120 rs.

So basically after the instrument is bought SL and target orders should be placed automatically.

Can someone please help me with the payload.

Manan_Shah · June 26, 2024, 4:57am

@Hardik can you please help

I tried below payload, it does places the order but SL and Target doesn’t get set.

Please help.

        order = dhan.place_order(
            tag='',
            transaction_type=dhan.BUY,
            exchange_segment=dhan.NSE_FNO,
            product_type=dhan.INTRA,
            order_type=dhan.SL,
            validity='DAY',
            security_id=symbol,
            quantity=qty,
            price=price,
            trigger_price=trigger_price,
            after_market_order=False,
            amo_time='OPEN',
            bo_profit_value=bo_profit_value,
            bo_stop_loss_Value=bo_stop_loss_Value,
            drv_expiry_date=None,
            drv_options_type=None,
            drv_strike_price=None    
        )```

Hardik · June 26, 2024, 6:37am

Hello @Manan_Shah

Over here, you need to place BO order:

order_type=dhan.BO

Do try with this and let me know if you are able to do this. Note that Trigger will not work with BO as BO itself is a special order and trigger orders are separate which are placed separately on exchange.

Manan_Shah · June 27, 2024, 8:03am

Hi @Hardik

I tried order type BO. Order got placed and immediately the product was bought.
Than SL and book profit order were placed respectively.

So if the price was 100rs and trigger price was 110

i was expecting if the prices crosses 110 than only it will buy.
but it bought at market price instead of trigger price.

if this does;t work i am thinking of chaning my strategy.

Can you please help me with placing order of OCO type?
what I am planning to do is place a buy trigger for 110 rs

if the instrument is bought in that case place OCO order.

what should be prodcut type for OCO?
also it will be great if there are any examples or sample payload for OCO

please help

Hardik · June 28, 2024, 4:19am

Hello @Manan_Shah

We do not have only OCO order type available on APIs. It is clubbed with Basket Orders only.

Although we are working on something here, it will take some time for that. For the time being, if you are subscribing to the Live Market Feed, you can keep a condition wherein the order is only placed when you find the same price on top bid/ask?