The place order action in Automate lets you place a live trade automatically when your automation reaches a specific trigger, condition, or step. Based on the order type you select, you can place options, futures, or a direct order for a symbol, and configure the instrument, strike/expiry (where applicable), and lots/quantity.

This action places a live order in the market using the inputs you set in the node configuration.

How does the place order action work?

When a place order action node is executed:

• An order is placed using the instrument and order details configured in that node.
• For derivatives, you select the underlying and the relevant expiry (and strike for options).
• You specify the trade size using Lots (as shown in the Place order configuration).
• The automation continues to the next connected node after placing the order.

Types of place order actions

In the Actions → Place order section, FYERS Automate provides the following Place order types:

1) Place options order

• Places an options order based on expiry, strike, and option type (CE/PE).
• You configure the Underlying, Strike value, Expiry, and Lots in the node.

2) Place futures order

• Places a futures order based on the selected underlying and expiry.
• You configure the Underlying, Expiry, and Lots in the node.

3) Place any order

• Places an order directly for a symbol.
• You configure the Symbol and Lots in the node (no strike/expiry selection is required here).

4) Place options order with SL & Tgt

• Places an options order along with a set stop-loss and target.
• The stop-loss and target are configured within the same order node while setting up the options order.

5) Place options order with trailing SL

• Places an options order with a trailing stop-loss.
• The trailing stop-loss is configured within the same order node while setting up the options order.

Steps to use the place order action in Automate

Follow these steps when building a new automation from scratch.

• Log in to FYERS Web and go to Automate → Dashboard.
• Click Create automation.
• In the workflow canvas, add the required start, trigger, or condition nodes.
• In the left panel, open the Actions tab.
• Expand Place order.
• Click the required Place order type (for example, Place options order, Place futures order, or Place any order) to add it to the canvas.
• Click the Place order node to open Edit node configuration.
• Choose the instrument details:
  • Options/Futures: Select the Underlying.
  • Place any order: Select the Symbol.
• Set the contract selection (where applicable):
  • Options: Choose CE/PE, enter the Strike value, and select the Expiry.
  • Futures: Select the Expiry.
• Enter the required Lots.
• If you selected an order type that includes SL/Tgt or trailing SL, configure those fields in the same node.
• Click Apply to save the configuration.
• Click Validate to ensure the automation has no errors.
• After successful validation, click Run now or schedule the automation.

The order is placed only when the automation reaches this node during execution.

Last updated: 22 Dec 2025