Hi, Just wanted to understand if there is a way to put a trailing Stop Loss on my position through an api call?
Hi @sugam192
Trailing Stop Loss is itself an algorithm, you can code it using the trigger order, basis LTP and open position.
@Naman You are very right on that, yes it can be implemented through code.
But here are the problems I see.
To update the TSL I will have to constantly monitor the position which will be done through regular polling and this will add to the throttling limits set by Dhan.
Any other alternatives?
Hi @sugam192
As of now, there is no direct API for Trailing Stop Loss order. So you have to manually code it.