Is there any feature in the Kite app that allows all option positions to be exited automatically once a target profit or loss is reached?
I am looking for a way to close all legs of my options strategy automatically based on a predefined overall P&L level. For example, if the combined position reaches my desired profit target or hits my maximum loss limit, I would like all open legs to be squared off without manual intervention.
This feature is currently not available in kite because it is kite by zerodha .
They take minimum 1 to 2 years to implement a simple feature if you want the features and good technology leave zerodha go to other brokers like dhan fyers who are taking customers suggestion seriously and are providing the essential and necessary features on time
Actually zerodha has became second largest brokers with high profitability that makes them arrogant and so proud of themselves that they don’t give a shit about customers.
P.S - Don’t remove this post zerodha managing team.
True🙏.
Switched to Kotak neo their strategy bot feature are really awesome.
Available in sensibull.
@zetex PnL Exit feature is coming now that there’s clarity on algo rules. 
You (or Claude with extensive testing) could code the feature using the free trading API as well, not sure if something can be worked out using Kite’s MCP integration and your LLM of choice. 
@Arun4 I have extensively used Dhan for algo trading. While I really like their focus on building out new features it comes at the expense of a lot of bugs 
. I learned to work around the bugs and quirks which support acknowledged but were not fixed last I checked. The reason I keep coming back to Z is it’s mostly very robust and drama free. I really like Z’s tech stack, their open source contributions, and commitment to minimal yet functional design. I mean just comparing the Kite and Dhan homepage (while logged in) - the experience is vastly different. Without browser caching, Kite downloads just 1.8 MB of stuff and loads in 590ms while Dhan downloads 8.9 MB and takes 5.42s to load (result is best of 3). 
@loke4300 Sensibull has a conditional exit feature which can be triggered based on index or futures level but not a PnL Exit feature. 
From their FAQ:
- Expected P&L numbers shown in Conditional exits editor screen are indicative only
- Actual P&Ls may be different from projections because of changes in market conditions
IV changes would make the simulated PnL figures way off. 
Any idea when we can expect it to release?
Working on it, should come in coming weeks, can’t give exact date.
It would be great if Zerodha could introduce a built-in no-code algorithmic trading platform for Futures & Options, similar to what brokers like Fyers(Automate) and Kotak Neo (Strategy Bot)offer.
Many retail F&O traders use rule-based strategies based on commonly used conditions such as price action, technical indicators, option Greeks, time-based entry/exit, stop-loss, target, trailing stop-loss, and multi-leg option strategies.
MTM based exit A native no-code automation platform would allow traders to execute these strategies efficiently without requiring programming knowledge.
This feature would help reduce manual errors,More accurate entry exit, improve trading discipline, and make algorithmic trading more accessible to retail traders. I believe it would be a valuable addition to Zerodha’s ecosystem and greatly benefit its Retail F&O user.
In our list of things to do, will take more time though.