Comment on Bracket Orders & Trailing Stoploss (SL)

Nithin Kamath commented on 15 Jun 2014, 12:25 PM

Yes enabled and for NSE currency only for now. works similar to equity/F&O. The only difference would be that you cannot use the “Absolute option”, because 1 would mean Rs 1 which will be 1.5% of USDINR. So while trading currency use the ticks option, remember that 1 tick is 0.0025 in case of USDINR. SO if you are buying USDINR at 60, and want SL to be 59.95 and target to be 60.05. Place a limit buy at 60 and SL with Square off 20 ticks and SL 20 ticks. If you want to trail, you can click on trail and mention if how many ticks USDINR goes above 60, do you want to modify the SL. So if you keep trail as 4 ticks, if USDINR goes to 60.0100, your SL will now become 59.9600.

Cheers,

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