How can I automate a strategy using Strategy Builder?
Strategy Builder lets you automate an options strategy by setting up the strategy legs and defining when the strategy should start and stop. You can configure the schedule, set entry conditions for when the strategy should be executed, and add exit conditions such as target, stop loss, or other rules. Once the automation is enabled, the strategy follows these predefined conditions and places the required orders when the configured criteria are met.
Automating a strategy
FYERS App
- Log in to the FYERS App.
- Go to Options → Tools → Strategy Builder.
- Tap Automate Strategy.
- Add the required strategy legs.
- Configure the schedule and entry conditions, followed by the exit conditions.
- Review the setup and start the automation.
FYERS Web
- Log in to FYERS Web and go to Options → Strategy Builder.
- Click Automate Strategy.
- Under Orders, select the underlying and add the required strategy legs.
- Configure the rules under Schedule and Entry.
- Set the required Exit Conditions.
- Review the setup and start the automation.
Once started, automated strategies can be viewed and managed from My Automations in Strategy Builder.
What If...
| Scenario | Solution |
|---|---|
| I want to use legs from different underlyings. | All legs in an automated strategy must belong to the same underlying. |
| I stop an automation after it has started. | Once stopped, the automation cannot be resumed and must be started again. |
| I want to review the setup without starting it. | Use Save to Drafts to save the setup and review it later. |
Last updated: 31 Aug 2026
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