Continuous Loop Order / Range Trading Automation for ETFs and Range-Bound Stocks

Feature Requests ✋
1

Would like to request a feature that would be extremely useful for traders who actively trade ETFs and other range-bound securities.

Many ETFs frequently trade within a defined range for extended periods. For example, an ETF may continuously oscillate between ₹10 and ₹11.

Currently, if I want to repeatedly buy at ₹10 and sell at ₹11, I need to manually place fresh orders after every execution. This becomes tedious and inefficient.

Suggested Feature – Loop Order / Range Trading Order

Example:

  • Buy Price: ₹10

  • Sell Price: ₹11

When the buy order executes at ₹10:

  • The system should automatically place a sell order at ₹11.

When the sell order executes at ₹11:

  • The system should automatically place a fresh buy order at ₹10.

This cycle should continue automatically based on the user’s settings.

User-Selectable Loop Count

The user should have the option to specify:

  • Infinite Loop (until manually cancelled), or

  • Fixed Number of Cycles

For example:

  • Repeat 5 times

  • Repeat 10 times

  • Repeat 25 times

  • Repeat 50 times

  • Custom number of cycles

If a user sets 20 cycles, the system should automatically stop after completing 20 buy-sell loops.

Order Display

The active order screen should clearly show:

  • Buy Price: ₹10

  • Sell Price: ₹11

  • Completed Cycles: 7/20

  • Remaining Cycles: 13

  • Current Status: Waiting to Buy / Waiting to Sell

Benefits

  • Ideal for ETFs and range-bound stocks.

  • Eliminates repetitive manual order entry.

  • Helps traders systematically capture recurring price swings.

  • Saves time and improves execution discipline.

  • Reduces the risk of missing opportunities.

  • Particularly useful for traders using capital rotation strategies in low-volatility instruments.

Even if a fully unlimited loop order is not feasible from a technical or regulatory perspective, a feature allowing users to predefine the number of buy-sell cycles would still be extremely valuable.

I believe this feature would be unique among retail trading platforms and would be highly appreciated by active ETF and swing traders.

Thank you for considering this enhancement.