Coming soon on Dhan - any guesses?

Well, I don’t think MF Demat—forget about MF Pledge—will be available before the end of March, i.e., in the next 10 days. This is because, as per your usual approach, you are yet to create hype around feature or product launches. Also, the word ‘soon’ tends to have different interpretations and meanings at Dhan.

At Z ‘soon’ means atleast 1 year. Dont know about D :slight_smile:

After order got executed in Super, Trade went against & and exited order with limit price. But at the time of initiating the order, Limit buy and Target was set, didn’t choose stop loss. I exited the order for limit price unfavourable. However, In order book, that trade is still showing ACTIVE? will this show forever? @Pratham_Gada @PravinJ

I think this type of order should not check for circuit limit. We are only trying to execute it when that price is reached. The order is valid for 1 year. Am I correct?

Hello @RahulDeshpande @PravinJ
You have launched an amazing feature. But i have some practical suggestions.

1 Percentage :- Traders should be given option to assign percentage for setting SL Or Target as currently assigned SL or Target having value at max 2.5 percent is impractical. If you plot 2.5 percent value in chart , the range is very small and SL is bound to hit in volatility. So traders should be given option to set on its own and have an option to make it as default also. Every traders has ots own risk appetite as per their lot selection.

2 :- Default Target and Default SL :- it is really time consuming to change these values at every occassion so give flexibility to users to assign default target or SL based on percentage selected by users.

I hope these changes may be reflected in your final launch.

1 Like

As an option seller, yes I would say this is also useful for me. I am used to place the cover order. But the problem with that is you cannot trail your SL below BE point. About the target, I keep my targets open, I am used to manually close the order when it reaches to my desired amount. So sometimes I get more slippage in points in more volatile market. (I have no complaints to Dhan since there is no broker who gives razor sharp order placing.)

Hopefully with this feature I will get the less slippage and make more precise exits.

I will try this feature on Monday.

My only wish is, hopefully I can drag the target line and SL lines after they are on chart after I place the order.

Let me know if you have tried it.

Thanks!

Yes! I cancelled manually. It resulted error many times, more than 20 times I cancelled. Order was still active & open. Luckily instrument didn’t move positive entire day! I was safe, So I’m worried.

@PravinJ @Juliyan.K.G

Well said. They have streched it for very long.

Hi @Juliyan.K.G

The modification includes changes in price & qty. Prices of Target & SL leg can be modified anytime. Infact you can modify the qty as well, unless the main or TG/SL leg are partially traded. I just tried, the modification is working properly.

Please refer to the official announcement here: Introducing: Super Orders on Dhan | All-in-One Order from Dhan that serves everyone - #4 by shraddha

Hi @Juliyan.K.G,

For Bracket Orders, stop-loss modification cannot be modified as a limit price, which is why you are encountering this error or the “rate not in circuit limit” message.

We recommend using Super Orders, which provide more flexibility in order execution. Alternatively, you can modify the stop-loss order from the web platform by selecting the Trigger Market Order (SLM) option.

Please refer - Introducing Super Orders on Dhan.

Hi @Juliyan.K.G

You are using Bracket Order, Not Super Orders. Since bracket order legs are sent to exchange as they are placed, therefore needs to adhere the exchange’ circuit limit range. Try using Super Order, it is simple, powerful and more efficient. We have tried to remove most of the limitations of Bracket Order in newly launched the Super Orders.

On charts, if you will simple drag TP & SL from order line, it will automatically be converted to Super Order.

Today It worked! But Previous day it wasnt @Naman

Recently I used the Super Order feature—it’s just awesome! Smooth interface and super-fast execution. Really impressed. Just a small request: please enable it for AMO orders too. That would make it even better.

2 Likes

Returning back to dhan from upstox !! This is the most awaited feature required for my trading.

1 Like

Yes ! I agree with this ! Why placing orders only during market hours ? Since i am busy with my own work. I can only watch market only at evening. Ab kya karu mein !

1 Like