Automatic trailing stop loss in options

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.

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.

1 Like

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

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

Yes it works absolutely fine.

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

1 Like