I am currently using the FYERS No-Code Automate feature to build an intraday options strategy, and I need some clarification regarding trigger conditions and possible limitations of the platform.
Here is the logic I want to implement:
- At 9:16 AM, the automation starts.
- The system selects an option whose premium is closest to a target price X.
This part works correctly, and the Automate feature selects the nearest premium (for example X–1, X+2, X+12, etc.). - After the nearest strike is selected, I want the system to wait and then trigger a Buy order only when this selected option’s premium increases by 10% from the value at the time of selection.
Example:
- At 9:16 AM, the selected option premium is 112.
- I want a Buy order to be triggered only if the premium moves up by +10% (112 × 1.10 = 123.2).
Issue I’m facing
I am unable to find any condition in the No-Code Automate system that allows:
- Dynamic comparison of the selected option’s premium with its future price
- Storing the initially selected premium as a variable
- Triggering a Buy when that specific option moves by a percentage
Currently, Automate only allows fixed-value conditions, but not percentage-based triggers that depend on the price selected at runtime.
Can you please confirm whether:
- FYERS Automate supports dynamic percentage-based triggers on selected option premiums?
- There is any workaround or specific block I should use to implement this logic?
- If this feature is not supported, is it planned for future updates?
Additional Query
Does FYERS charge any additional fees for using the No-Code Automate system?
I would like to know if:
- Automate is completely free
- Or if there are monthly/API subscription charges
- Or only regular brokerage/exchange fees apply
I will appreciate any official clarification or documentation that can help me implement this correctly.
Thank you,
Shiv Rathore