How to place and modify stop-loss and target orders in Scalper on FYERS App?

How To Place and Modify Stop-Loss and Target Orders in Scalper on FYERS App?

Stop-loss and target orders in Scalper on the FYERS App can be added and modified directly from Charts after execution or preset before placing a trade. Scalper allows risk management to be handled from the same chart screen.

Stop-loss and target are calculated based on the traded (execution) price of the order, not the average buy price of the position.

Adding stop-loss and target from Charts

When adding stop-loss or target directly from Charts, only absolute price values are supported.

  • Place an order from Charts
  • Once the order is executed, locate the order line on the chart
  • Tap on the order line
  • The Target (TP) and Stop-loss (SL) lines appear on the chart
  • Drag the TP or SL line to the required price level

Note:
The stop-loss or target is set for your existing position using absolute price values and is not placed as a separate order on the exchange.

Modifying stop-loss and target orders from Charts

Stop-loss and target orders can be modified directly from the chart.

  • Locate the existing TP or SL line on the chart
  • Drag the line to adjust the price

Note:

  • Only absolute price values can be set or modified from Charts
  • Modifying the qty of the target automatically updates the stop-loss qty, and vice versa
  • Modifying the price of one leg does not affect the other

Placing stop-loss and target using Scalper settings

  • Open the required symbol on Charts
  • Tap Scalper from the top-right corner
  • Open Scalper settings
  • Enter the stop-loss and/or target
  • Select percentage or absolute as required
  • Tap Apply
  • Place the order using Buy or Sell

Note:
After the main order is executed, stop-loss and target orders are created automatically based on the configured settings.

Percentage-based stop-loss and target can be configured only from Scalper settings, while stop-loss and target added or modified from Charts always use absolute price values and can be adjusted quickly by dragging the TP and SL lines.

What if...

ScenarioSolution/Outcome
Additional qty is added to a position after placing a Scalper orderExisting stop-loss and target orders are not updated and must be modified manually.
Qty is modified for the target orderThe stop-loss order qty is automatically updated to match the target qty, and vice versa.
Stop-loss or target is not configured in Scalper settingsOnly the regular order is placed; no stop-loss or target order is created.
Stop-loss or target is set beyond the Upper Circuit (UC) or Lower Circuit (LC) for intraday tradesOrders are placed at the UC or LC price, not beyond the circuit limit.
Position conversion is done (e.g., Intraday to Overnight)Existing stop-loss and target orders are cancelled automatically.

Last updated: 12 Feb 2026

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