I am an active user of the Fyers platform and really appreciate the continuous improvements you make to the trading experience. As I rely heavily on your Automations and Scalper features, I would like to propose a few highly impactful enhancements.
Implementing these features would significantly elevate the platform's usability, providing immense value to systemic traders, algorithmic traders, and scalpers alike.
1. Add "Reverse Order" Action in Automations
The Request: Please include a "Reverse Order" action under the Place Order actions within Automations.
Why it matters: This will allow traders to quickly flip their positions (e.g., changing from Long to Short) seamlessly within an automated flow, without having to build complex logic to exit and re-enter separately.
2. Chart Visibility for Automations (Entry, SL, TSL, Target)
The Request: Similar to the Fyers Scalper feature, please enable the visibility of the Entry Price, Stop Loss, Trailing Stop Loss (TSL), and Target lines directly on the charts for trades executed via Automations.
Why it matters: Visual management is crucial. Allowing users to visually track and manage the risk-reward parameters of their automated trades directly on the chart will greatly improve user confidence and trade monitoring.
3. Trailing Stop-Loss (TSL) Option in Scalper
The Request: Add a Trailing Stop-Loss option to the existing Scalper feature.
Why it matters: Scalpers need rapid risk management to lock in quick profits. A TSL option would automate profit protection during momentum spikes, reducing the need for manual intervention in fast-moving markets.
4. Master Node for Symbol Information in Automations
The Request: Introduce a "Master Node" in the Automations canvas to hold symbol information.
Why it matters: Currently, configuring flows can be repetitive. A Master Node would allow users to define a symbol once and route it to any subsequent node in the flow. This will make building and editing complex automation flows much faster, cleaner, and less prone to configuration errors.
5. Scanner Triggers within Automation Flows
The Request: Add triggers for Scanners directly within the Automation flow. The scanner should:
Run based on specific time intervals or remain actively scanning.
Filter stocks based on pre-defined conditions.
Enumerate the scanned results into a dynamic list of stocks/symbols.
Allow the flow to iterate through these list items to automatically take positions.
Why it matters: This bridges the gap between screening and execution. It would allow traders to build fully autonomous systems that dynamically find opportunities and execute them, positioning Fyers as a top-tier platform for retail algorithmic trading.
I firmly believe these additions will elevate the usefulness of the Fyers platform for a wide variety of traders and keep Fyers ahead of the curve.