How do I place stop-loss and target orders in FYERS Option Scalper?
In FYERS Option Scalper, you can add stop-loss and target levels directly from the chart. Once your order is executed and the position line appears on the chart, you can use SL (Stop-loss) and TP (Target) to place exit orders without opening the order window.
This helps you manage risk and define exit levels quickly while continuing to monitor the option charts.
Placing stop-loss and target from the chart
- Open FYERS Option Scalper.
- Place the order for the selected option contract.
- Once the order is executed, locate the position line on the chart.
- Use SL (Stop-loss) on the position line to set the stop-loss level.
- Use TP (Target) on the position line to set the target level.
- Drag the respective level to the required price on the chart.
- Review the price level before confirming the order.
- Check the Orders tab to verify the stop-loss or target order status.
Modifying stop-loss or target levels
If the stop-loss or target order is still open, you can modify the level by adjusting the respective order line on the chart. After modifying the level, check the Orders tab to confirm the updated order status.
Always review the price level before placing or modifying a stop-loss or target order. Once an order is executed, it cannot be reversed.
What if...
| Scenario | Solution |
|---|
| SL or TP is not visible on the chart | Check whether the order is executed and the position line is visible on the chart. |
| The stop-loss or target order is rejected | Open the Orders tab and review the rejection reason before placing the order again. |
| The order is placed at the wrong price level | Modify the open order from the chart or from the Orders tab, if modification is available for that order status. |
| The position is already closed | SL and TP controls apply to active positions. Check the Positions tab to confirm whether the position is still open. |
| The SL or TP order is not updated after modification | Refresh the Orders tab and verify whether the order is open, pending, executed, cancelled, or rejected. |
Last updated: 02 Jul 2026
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