I want to create a strategy to place a buy order at a price 5% lower after a specific condition is met

Hello @streak,
I would like to create a strategy where a buy order is executed when a stock drops 5% from a certain condition.
For example, I want to buy 50 shares of HDFC Bank if the price falls by 5% after a condition is met — say, after there’s high volume and a red candle.
If the condition is met at ₹500, I want the buy order to trigger at ₹475 (i.e., 5% lower).
Could you please guide me on how to set this up?

Hi @Abhishek_Hirechoti

Integrating your requirements directly into the system is not supported. However, you can manually set a limit price to buy once the condition is met.