• Getting started
    • Steps to get started
    • Subscribe to a paid plan
    • Instructions
    • Pricing
    • Discounted Pro
    • Unlimited Free Plan
  • Features (Trade logic)
    • List of all Trading features
    • Entry logic: Entry by Premium
    • Entry logic: ATM %
    • Entry logic: Straddle Width
    • Entry logic: Straddle Premium
    • Move Stoploss to Cost
    • Positional trades
    • Premium Matching functionality
    • Re-Entry / Re-Execute
    • Wait & Trade
    • Underlying based Entries & Exits
    • Range Breakout
    • Journey
  • Advanced Settings
    • List of all Advanced Settings
    • Entry order delay & Exit order delay
    • Calculate entry & exit using Average price or LTP
    • Re-entry method
    • Re-entry timing settings
    • SL order placement delay
    • Re-entry max count Type
    • Re-execute order delay
  • Order types
    • Order type: SL-Limit
    • Limit / SL-Limit EXIT orders
    • Limit / SL-Limit ENTRY Orders
  • Other features
    • Square off individual legs
    • Clientwise Stoploss & Target
    • Auto exit on margin error
    • Retry button for individual orders
    • Telegram Notifications
    • Advance placement of Re-Entry orders
    • Multiplier
    • P&L Graph (beta)
    • Next week & Monthly Contracts
  • Important topics
    • Limit Price Protection (LPP) mechanism
    • BSE Sensex, Bankex & NSE Midcpnifty
  • Broker Setup
    • Zerodha
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    • IIFL
    • Bigul by Bonanza
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    • Kotak Securities (Kotak Neo)
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    • Jainam XTS (Retail)
    • Sharekhan

Advance placement of Re-Entry orders


This functionality allows you to place the re-entry orders in advance, allowing reduction in slippages while re-entering positions when Re-Entry and Re-execute features are enabled.

Orders are placed in advance for the following re-entry/re-execute configured methods:

  1. Re-Cost.
  2. Wait & trade Re-Cost.
  3. Wait & trade Re-Execute.
  4. Re-Cost Reverse.
  5. Wait & trade Re-Cost Reverse.
  6. Wait & trade Re-Execute Reverse.

Settings:

To enable advance placement of re-entry/re-execute orders, you need to first select Entry order type: Limit/Stoploss Limit under the Advanced Settings section.

Once that is selected, you need to select the Advance option under the setting Re-entry/Re-execute Entry Order Placement drop down menu.


Important points:

  1. The default setting under the Re-entry/Re-execute Entry Order Placement is Later, which means the orders will be placed only when the re-entry/re-execute condition is met. 
  2. The Re-entry/Re-execute Entry Order Placement setting is not configurable when Entry Order Type setting is set to Market orders or when re-entry / re-execute method is set to Candle Close.

IMPORTANT:
1. Manual Retry Individual legs functionality for re-placement of orders in case of errors, has not been tested for placement of re-entry/re-execute orders in advance due to non occurrence of real errors in the testing environment. 
2. Edge cases that may not have occurred or observed while testing, if any, will be addressed immediately if and when observed or raised by users.