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).
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If I exit manually, will the Smart Trail cancel automatically?
No, if you exit manually, the Smart Trail order will not cancel automatically. You will need to cancel or deactivate it separately.
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 do I view my active Smart Exit conditions in FYERS?
To view your active Smart Exit conditions, go to the Smart Exit section above your positions. From here, you can view all the currently active conditions for your trades.
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 ...
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 ...