Hello @rkhere
No, there is no option to customise which Basket gets executed first based on a single alert.
What you can instead try is creating two separate alerts with two different basket JSONs, which you can manage at your end.
How to reach this symbol? BANKNIFTY2212037800CE
I mean BANKNIFTY understood?
then YY-MM-DD (of expiry)?
Then strike followed by PE/CE?
Hello @Suvra
Yes, you are correct on the Symbol structure here, but doing the same wonāt enable you to place Options orders via Webhooks. We are coming up with an update here soon, by end of this month, which will extend use case of Webhooks greatly.
End of which month Hardik? Waiting for this update from last 6 months. We have already taken TradingView membership thinking we can explore power of webhooks efficiently and in depth. We are wasting our money for last six months on TV.
Hello @harshad.inarkar
It is a bit difficult to give you a timeline on this right now, as we are adding a feature that will even simplify to manage your webhook URLs. We are planning to release this soon. Stay tuned as we will be announcing this first on community itself.
Thanks Hardik for the quick response. Hope this gets announced till end of this month.
I am unable to place reverse trade via Trading View webhooks on Bank Nifty FUT
Please allow reverse trades feature on Dhan for futures.
This is a must have feature and currently not working.
eg For 50 FUT Sell open positions, please allow reverse trade of 100 FUT Buy Postions and check for Margins at Runtime.
Your basket only checks for 100 FUT BUY margin requirement but does not take into account for existing 50 Sell Positions and hence does not allow user to take trades stating Insufficient Margin.
This is incorrect. Your basket orders should check at Runtime for existing 50 positions and allow users to take Trades.
This is a limitation at Dhan and this is Urgent and Important. Other brokers have this feature.
You also have a Reverse Positions option but This is not working due to above reasons. This is a bug. Please fix this asap
Hello @sudhirsuri
Currently, there is no such direct āReverse Tradeā option on TradingView Webhooks.
The instance highlighted by you happens where you are placing fresh order of 100 FUT Buy position, where it will check for margin requirement of only this order, and does not consider any existing positions.
If you are referring to Reverse Position on Dhan Web/App, we can continue the discussion over here - Dhan not allowing reverse Trades like all Major Brokers Do - #2 by PravinJ
Hi Hardik!
I too can somewhat relate to this issue raised by @sudhirsuri . Letās just forget the term āReverse Tradeā for a while and try to understand the situation with this example. Lets say, I am in short trade with 1 lot of Nifty Future, approx. margin used is 1.0 L. Now the market direction changes and my TV strategy is also changing the trade direction by squaring off the short and entering into long. Ideally, your system should not ask for any extra margin since open position is 1 lot (long) only. But the basket will have +2 lots of future (long) and is asking for another 2 L of margin, since it is not taking -1 Lot open position into account. So, as per your system, I should have 3 L in my account to trade in 1 lot of future, long or short. Since the example is of 1 lot, it doesnāt matter. But when it will come to multiple lots, it will not be easy for anyone to maintain 3X margin just for 1 second of trade time. 2X of margin will remain unused in account. Please correct me if I am missing something here. But if this is how your system works, you need to do something about it.
Regards
HI @Deepak_K ,
I have tested. This is exactly how there system is built.
And this Issue is not just via Tradingview , If you manually take a 50 Short trade in Dhan and suddenly decide to reverse it by buying 100 LONG . Dhan does not allow this stating Insufficient Margin , which should not be that case since an open position is there in the system.
Dhan has a reverse trade icon in place in the Positions tab and it is not working.
This functionality should be in place like ALL Other Brokers. Let Client decide what he wants to do and check the Margin Requirements at Runtime by taking into account the existing Open Positions.
As simple as that. If the functionality is not in place then They should not justify by giving Brokerage Rules and all that.
Let the Client Decide, whether he want to Reverse Trade or exit & take fresh trade
@Hardik Please pitch in and help solving this
1 Like
@Hardik or Dhan team Members.
Do not keep a blind eye on this post. Other community members are reading and liking this and you are simple Ignoring this.
Forget Reverse Trades via Trading view webhooks.
Simple reverse trades on Dhan Positions Tab on the WEB for Futures is also not working.
You have the reverse position icon and this is not working for Futures. So its a BUG.
Either remove this Reverse Trade Icon or build the functionality for this Icon.
Remember If you do not have the capability to build this. Then please do not boast about integration with Trading View webhooks. Because It wont work for FNO uses who work directly with pinescript code.
Trading view pine script Strategies are build in such a way, You will have to take Reverse Trades.
You Gotta Build this . Else for a Serious Trader like me Dhan is not the end of the world. Major Players are there unless You want to become one.
PS- I am ready to give double brokerage via Trading View or Via Dhan Web. So donāt give me double brokerage Lagegi Sir, Isiliye functionlity nahi banayi vala replies please.
Hello @sudhirsuri
Checked this with our team as well. Let us look at this scenario now:
- You have an existing long position (Buy) for 1 lot in Nifty Futures
- Now, you are trying to reverse trade. For this, you place a new Sell order for 2 lots (1 to square off existing position and 1 to create a new position)
- In this case, when you are selling 2 lots, it will only require margin for 1 lot which is a fresh position here
You will need to ensure that you have margin availability for 1 lot sell order only. As long as this criteria is fulfilled, your order will be successfully placed.
The above scenario of reverse trade is not working in your system else I would not have raised the issue.
The system asks for additional margin requirement.
This is a bug in the system. Pl ask your team to replicate this and fix this asap.
Hello @sudhirsuri
Understood. Can you please share more details about this order leg on help@dhan.co and our team will be able to look into this issue. This will help us understand and resolve this faster.
1 Like
Hi Sudhirsuri,
Did you try putting json message twice in webhook message. Basket order should have 1 lot future long and just use json order twice in same webhook message. I believe this should work.
Just a suggestion i thought of.
Thanks,
Rajendra
@Rajendra - Json order twice will never work.
I will raise but I have already invested loads of time and energy explaining the issue here.
I am sure You know the issue now now. Just ask you tech team to implement reverse trade feature in Dhan.
Thats it.
Hi ! @sudhirsuri
Did you get solution for this yet?
Regards
hi @RahulDeshpande @Divyesh @Saurabh @Hardik
When are we getting a feature to put stop loss in webhook? Currently, only market and limit orders are allowed. Please add SL-M orders as well!
Hello @Jitesh
Can you please explain here why Stop Loss Market orders are required on Webhook? Since for webhooks, you already have a trigger point on chart.