In zerodha we have GTT order which can be placed during the entry order itself. The GTT will get active only after the entry order filled. Using this feature we were able to place entry trigger orders with GTT Stop loss and Take profit then we leave. Once the Entry order triggered system will create GTT order according to our inputs given and SL, TP will be active. We don’t need to intervene or keep watching the position filled or not . This will help the working professionals to punch entry order with GTT and continue their native work. they don’t need to be taring at system screen and Place stop loss orders once the entry order fills.
Note : In this case we cannot place Forever order before entry trigger happens because market can move to SL or TP price before triggering/entering the original trade trade. So all opposite type of entries will happen. Dhan seriously need to introduce this feature for Super traders.
Uploading the Zerodha order window screenshot.
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Hi @er.thiyagaraju feedback noted on same. We did some discussions with traders on this - few of them mentioned that while entering in a position they may add this as Forever / GTT - but when they exit the main transaction they have missed removing the GTT leg which resulted in them taking additional position at times. We will evaluate this accordingly.
Forever Orders can we place via api
Hi @BharadwajSNP
We are evaluating the forever order API, although it is not available at the moment.
However, we are actively working on an update and will inform you once it is ready.
Any update on Forever Order at the time of Entry …
This will help in managing positional trades…
We can add a logic that of the Main Trade in which Forever Order was addes… get cancelled if the main trade is exited manually !!!
Hope this can solve both the problems mentioned in the trailing replies !!!
Hi @Simardeep_Singh, @er.thiyagaraju @BharadwajSNP
Super Order lets you set Entry, Target, Stop-Loss & Trailing SL from one window—streamlining your trades. Unlike Bracket & Cover Orders (NSE-only), Super Orders work across NSE, BSE & MCX for all order types (Intraday, Delivery, Carry Forward) and assets (Stocks, F&O, Commodities).
Powered by DEXT, they run seamlessly across App, Web, Charts & API with built-in OCO (One Cancels Other) functionality. Plus, track your trades in real time with the dedicated Super Position & Order Book.
Learn more here: Introducing: Super Orders on Dhan | All-in-One Order from Dhan that serves everyone
