Trailing Stop loss can be added into an exisiting positions only. Request you to take a position ( Buy or Sell ) as per your preference → then add the trailing stop loss from the positions tab.
I understand I could see trailing SL will work from the Positions tab(usually for Intraday). However, I have a few stocks in my Portfolio tab. For those stocks which are in my Portfolio tab, I want a trailing SL once I approve the CSDL authorization.
You can either place a stop loss or target for your open normal position. Further, you can place a Forever OCO for options. Here, you can place a Target and/or Stop Loss for an open position in Normal product type till the expiry. Read more on the below post.
You mentioned that Tatapower was bot at 410 and you putted the stopeloss trigger at 410. you did not mention at what price you had entered this stop loss order. Was the stoploss order was created when the STP was at 420?
Your example explained about Buy Position only. The example did not mention how it will work when the existing position is a sell order.
Yes @Shadow, in Trailing Stop Loss Limit order the limit price will also move & it will maintain the initial distance between trigger and limit price kept initially.
yes i like to know this too. We can manually change our SL in tv.dhan.co instantly which is cool AF. But it would be nice if we can do automatic Trailing Sl when we are not watching our screen.
Hi @DMDave This is on our list of things to do. We have this feedback from many users and we have added to our roadmap. It will not be Trailing Stop loss, but ability to add Forever Orders on Order Entry Page for Delivery… specially for Swing Traders.
Can someone help me explain how to use TSL for delivery holdings? Is it possible?
Say I have a share with CMP 100 rupees in my holdings. I bought it at 90 four months ago. Now I want to sell it as I’m in profit but want to get higher profit with the help of TSL.
Is there a plan for TSL to be visible on Tradingview charts in real time? At present, it does not appear on the charts and seems like it doesn’t work well for MCX options.
Visibility on TV charts will improve user experience and assure users that it is tracking well.
Also, it will allow users to cancel TSL quickly as orders sometimes cannot be squared off when TSL is in place. Right now you have to go to the orders tab in the app and cancel TSL Manually.
Occasionally if the position is squared off on TV, TSL still persists on the Order page which may trigger freak trades.