What is Smart Step in FYERS and how does it work?

What is Smart Step and how does it work?

Smart Step in FYERS is a feature that automates the averaging process when a stock’s price moves within a specific range. With Smart Step, you can define price intervals (ticks) and quantity increments to automatically place additional buy or sell orders as the price moves in your favour or against your position. This helps to average out the buy or sell price, reducing overall cost or capturing better profits depending on the market movement.

With Smart Step, you don’t need to manually place multiple orders at different price points. The system automatically executes the orders based on the pre-defined steps you set, simplifying the averaging process and helping you manage trades more efficiently.

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