What is Smart Exit in FYERS and why should I use it?

What is Smart Exit in FYERS, and why should I use it?

Smart Exit in FYERS is a feature that automatically exits multiple positions based on pre-set Book Profit and Max Loss levels. It helps manage all open positions, including Margin Trading Facility (MTF) positions, but excludes Equity delivery positions. This feature is especially useful when you can’t constantly monitor your trades, ensuring you don’t miss important exit points.

Smart Exit saves time by automating the exit process, allowing you to set profit or loss targets across all positions. It’s ideal for traders using hedging strategies, helping them exit trades without needing to watch the market all day.

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    • How do I place Smart Exit in FYERS?

      Smart Exit lets you control risk at a portfolio level. Set a profit target and a stop-loss once, and FYERS will either auto-exit all eligible positions (except Delivery) when a limit is hit or alert you to act manually—depending on the mode you ...

    • How do I cancel a Smart Exit in FYERS?

      To cancel a Smart Exit in FYERS: Go to the Smart Exit section located just above your positions on the left. Tap and hold on the condition you wish to delete. Click on Delete to remove the condition.If you only want to make the condition inactive ...

    • Can I select specific positions for Smart Exit in FYERS?

      No, Smart Exit is applied to all open positions in your portfolio, including Margin Trading Facility (MTF) positions. However, Equity delivery positions are excluded from Smart Exit and will not be affected.

    • 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 ...

    • What is a Smart GTT order in FYERS?

      Smart GTT (Good Till Triggered) is a condition-based delivery order that stays active on FYERS servers until your specified trigger condition is met. Once the trigger price is reached, a limit order is automatically placed at your defined price. This ...