As a regular user of the Kite app, I have two crucial suggestions that would significantly enhance the trading experience and help traders manage risk more effectively:
Drag-and-Drop Orders on Charts: Please introduce a feature to set and modify Target and Stop-Loss orders directly from the chart using a drag-and-drop interface. Having to manually enter prices during volatile moves is slow; being able to visually adjust levels on the chart would be a game-changer for intraday traders.
Automated Loss-Based Kill Switch: While the current Kill Switch is great, it requires manual activation. I suggest an Auto-Kill Switch based on a pre-set daily loss range. For example, if I set a limit between ₹9,000 and ₹10,000, the system should automatically exit all open positions (especially in Options) and disable trading for the day as soon as the loss hits the ₹9,000 mark. This would prevent emotional overtrading and protect capital from huge drawdowns.
I hope the technical team considers these features in the upcoming updates.
When I first asked for this feature almost a year ago, the team said it would come ‘soon.’ Now, a whole year has passed, and we are still waiting. Zerodha really is launching essential features ‘very soon’!