Automatic trailing stop loss in options

Algos, strategies, code
1

Hi,

I am placing manual orders(banknifty options), but i want the trailing stop loss automated, so if value increased by 10% then my trailing stoploss also increase by 10%, is there any software available using which can provide me this trailing stop loss automation.

2

You can use bracket order with trailing SL. If price increases by 10 points, SL can be trailed 10 or 5 points accordingly. Its available in SAS Online.

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3

I use python to call the broker and do the same via their api.

4

Will bracket order works for the banknifty options in SAS online?

5

Yes it works absolutely fine.

6

I do this using streak and it works very smoothly. You should try it out

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7

i may do it for you but take charges for spend time time and setup regrading