Can I automate trade entries, exits, and stop-losses using TradeFlow?

Can I automate trade entries, exits, and stop-losses using TradeFlow?

Yes. TradeFlow supports semi-automated entries, exits, and risk management through its integration with FYERS. You can configure predefined conditions based on time, underlying price movements, stop-losses, and targets to manage trades with less manual intervention.

Trade Entry Automation

TradeFlow supports multiple entry configurations:

  • Manual Entry: Initiate trades manually when required.
  • Time-Based Entry: Configure entries for a specified time.
  • Spot Rules: Trigger entries when the underlying instrument reaches specified price levels.
  • Breakout-Based Entry: Configure entries based on predefined breakout conditions.

Automated Position Adjustments

TradeFlow supports configurable adjustments to active strategies through its automation rules and algo templates.

For example, you can configure an initial NIFTY options entry when the index crosses one price level and add another position if it crosses a second predefined level.

Using Spot Rules, these entries can be triggered according to the configured conditions instead of requiring separate manual order initiation.

Stop-Loss and Target Management

TradeFlow allows you to configure stop-loss and target conditions in advance. These controls help initiate planned exits when the specified conditions are met, reducing the need for continuous manual monitoring.

Time-Based Exits

You can also configure time-based exit conditions to manage positions according to your planned trading schedule.

Order Execution and Risk Considerations

When a configured entry, stop-loss, or target condition is met, TradeFlow can initiate the corresponding trading action. However, actual execution depends on market conditions, available liquidity, and applicable trading limits.

TradeFlow also supports configurable adjustments to active strategies, allowing you to make supported changes while positions remain open.

Important: Semi-automated trading does not guarantee order execution at a specific price. Review your entry, exit, quantity, and risk settings before activating a strategy.