Smart Exit
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 ...
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 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 modify a Smart Exit order after placing it in FYERS?
Yes, you can modify a Smart Exit order after placing it. To do this: Go to the Smart Exit section located just above your positions on the left. Tap and hold on the condition you want to modify. Make the necessary changes and click on Save Changes.
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 many active conditions can I set in Smart Exit?
You can set one active condition at a time in Smart Exit per position.
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 ...
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).