What happens when the Smart Exit Alert is triggered?

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• What is the Smart Exit Alert and how does it benefit traders?

  The Smart Exit Alert feature in Fyers App is an innovative tool tailored for traders to meticulously manage their financial exposures. Unlike conventional alerts that function on percentage parameters, the Smart Exit Alert allows traders to establish ...

• How to set up the Smart Exit Alert on Fyers App?

  You can setup Smart Exit Alerts seamlessly in Fyers EA. Here's how: Access the Positions Tab: Firstly, log in to your Fyers App. Within the 'Portfolio' section, you will find the 'Positions' tab. Locate the Smart Exit Alert icon: You'll spot this ...

• How do I place a Smart Exit order in FYERS?

  To place a Smart Exit order in FYERS, follow these steps: After your order is executed, go to the ‘Positions’ tab. Click on the Smart Exit icon above your open positions on the left. Click on ‘Create Smart Exit’. Choose ‘Alert with Exit’ (to ...

• Will Smart Exit close overnight positions automatically when either of the conditions are hit?

  Yes, Smart Exit will automatically close all overnight positions, except Equity Delivery positions, when either the Book Profit or Max Loss conditions are triggered. This includes positions held under the Margin Trading Facility (MTF).

• What is the wait and recheck feature in Smart Exit, and how does it work?

  The wait and recheck feature in Smart Exit allows the system to pause and reassess your position when the Max Loss condition is triggered. Instead of immediately closing the position, Smart Exit waits for a user-defined period to see if the market ...