Key technical levels like resistance/ support /Trend lines are often derived from the underlying index chart (e.g., Nifty or Bank Nifty) .
Enabling drag-and-drop Order lines (with SL and target lines) directly on the INDEX CHART for linked option positions would be very helpful. Leaving charts in fast moving markets is risky.
I know automation would solve, but will it create those order lines on index chart. Those drag & drop lines will be super usefull to update as well.
Hi @Nayak, this functionality is already available in Scalper. We’ve noted your feedback on bringing the same capability to regular charts and appreciate you sharing your suggestion!
Thanks for the reply. I think that line is position line and appears/shows on Index chart only after the order executed.
Suppose I want to take a PUT position once nifty touches 22570 with a Stoploss at Nifty22700 & a Target at Nifty22500 all on Index chart, the ORDER LINES should be like the photo attached.These lines also drag & drop type.
Hi @Nayak, placing options orders when NIFTY reaches a specific level, along with target and stop-loss conditions, is possible through FIA Automate. However, draggable order lines on index charts are not currently available. We’ve noted your feedback on this.
For chart trading, Alert trigger Order lines with Target & Stoploss on index chart is way more convenient and quick. We don’t need to move to automate flow charts every time to create Alert Orders or to update them.
In volatile markets time is money. Is there any plan to introduce the discussed feature ?
Ability to place order on Index level along with
drag and drop SL and TP order line on Index chart.
This is highly practical and beneficial feature
for both option seller and option buyer. Fyers must have started working on this feature.
With this feature, Fyers will definitely have an edge over its competitors.
Automate is extensive time consuming process.
By the time we automate price would’ve already moved by 20%.
Placing order from index chart with drag and order line
will be highly practical and efficient approach.
Hey, thanks for reaching out! We’d like to understand your feedback regarding the TP/SL lines in a little more detail. Would love to connect with you over a call. Kindly check your DM.
I really appreciated Team FYERS for their
proactive gesture to directly connect with the user.
They ensured trigger based order based on underlying price,
this feature is under their pipeline, They have already been working on it.
Kudos to the FYERS team for listening and
building alongside the community.
Alternatively you can provide the underlying breakout level order line on index chart after automation. So that we can drag the line on the index chart to change the level if market demands.
In present situation to update Alert Trigger Order, we have to leave the chart screen & go to automation. This is very time consuming instead we can just drag & drop the pending order lines on chart within no time, staying on chart screen