How to Place a Smart Limit Order on FYERS App

How to place a Smart Limit Order on Fyers App?

To place a Smart Limit Order on the Fyers App, follow these steps:

  1. Select a scrip and tap on Buy/Sell.

  2. In the order window, tap on the 'Smart' tab to access advanced order types.

  3. Choose 'Smart Limit Order'.

  4. Enter the required inputs:

    • Quantity: Enter the number of shares or contracts you wish to trade.

    • Limit Price: Specify the limit price at which you want to buy or sell.

    • End Time: Set the expiry time for the order.

    • Action at End Time: Choose the action to be taken at the end time (Convert to Market or Cancel the Order).

    • Market Protection Price (MPP): Enter the MPP to protect against undesirable execution prices. It is recommended to choose 'auto', where the system calculates the optimum MPP value for you.

  1. Upon filling in all the required details, tap the 'Start' button to place your Smart Limit Order.

  2. Your order will be placed successfully. You can view your smart order under 'Working' in Orders of the Account Manager.

For a detailed view, kindly go through the below video.

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