How do I use Portfolio check to evaluate P&L or positions before taking action?

How do I use Portfolio check to evaluate P&L or positions before taking action?

Portfolio check in FYERS Automate is a set of Trigger types that allow an automation to move forward when your P&L or positions reach a value you define.

These triggers help you add risk limits (stop after a loss), profit targets (stop after a profit), or control how many positions are open before the automation continues.

Portfolio check triggers do not place orders by themselves. They only decide when the automation should proceed to the next connected step.

Portfolio check trigger types available in Automate

1) Automation P&L

This trigger checks the P&L generated only by the positions created by the current automation run. It allows you to set a profit target or loss limit specifically for that automation, without being affected by other trades in your account.

Example: If you set Automation P&L to -₹2,000, the trigger becomes true only when this automation’s trades together reach a loss of ₹2,000, even if you have other positions running separately.

2) Total P&L

This trigger checks your overall account P&L (not limited to one automation). It is useful as a full-account safety trigger because it considers all positions contributing to your total P&L.

Example: If you set Total P&L to -₹5,000, the trigger becomes true when your entire account across all trades reaches a loss of ₹5,000.

3) No. of open positions

This trigger checks the count of open positions in your account and becomes true when the number reaches the limit you set. It helps prevent over-trading or ensures your automation does not open more positions than intended.

Example: If you set the limit to 3, the trigger becomes true when you have 3 open positions. You can use it to stop the automation from opening additional positions or to branch the workflow.

4) Holdings P&L

This trigger checks the P&L of your holdings. Holdings typically refer to shares held in your demat account (delivery positions), and their P&L changes with market movement.

Example: If you set Holdings P&L to +₹10,000, the trigger becomes true when the combined P&L of your holdings reaches +₹10,000.

5) Intraday holdings P&L

This trigger checks the intraday P&L of your holdings, meaning it considers only the current day’s price movement impact on your holdings.

Example: If you set Intraday holdings P&L to -₹2,000, the trigger becomes true when today’s price movement causes your holdings to be down by ₹2,000 for the day, even if the overall holdings P&L remains positive.

How configuration works

Portfolio check triggers are configured on the canvas by selecting the required trigger type, choosing the comparison (for example, greater than or less than), and entering the value (amount or count) that should activate the trigger.

Note: Use Automation P&L when you want the trigger to react only to trades created by that automation. Use Total P&L when you want the trigger to react to your entire account.

What if...

ScenarioWhat happens
I want the automation to stop only based on its own tradesUse Automation P&L, so other trades in your account do not affect the trigger.
I want a full-account loss limitUse Total P&L, as it considers the combined P&L of all positions.
I want to prevent opening too many positionsUse No. of open positions and set a maximum count.
I want decisions based on my delivery holdings performanceUse Holdings P&L to react to overall holdings performance.
I want decisions based only on today’s movement in my holdingsUse Intraday holdings P&L to react to today’s change only.

Last updated: 22 Dec 2025

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