• 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
    • Entry logic: Percentage of Underlying
    • Move Stoploss to Cost
    • Positional trades
    • Premium Matching functionality
    • Re-Entry / Re-Cost / 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-Execute 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
    • Underlyings for Strike Selection
    • MTM Setting Increase/Decrease
  • Important topics
    • Limit Price Protection (LPP) mechanism
    • BSE Sensex, Bankex & NSE Midcpnifty
    • Lot size revision 2024-25
  • Broker Setup
    • Zerodha
    • Upstox
    • IIFL
    • Bigul by Bonanza
    • Tradejini
    • 5Paisa
    • AC Agarwal
    • Jainam Duck
    • Kotak Securities (Kotak Neo)
    • Flattrade
    • Fyers
    • Motilal Oswal
    • MasterTrust
    • Jainam XTS (Retail)
    • Sharekhan

Square off individual legs


Square off individual legs with multi-select option

This functionality enables you to exit (ie. Square off) selected legs, while those positions are open.

I. How to use:

Select individual ‘Open’ legs or use the Select all option to select Open legs. Once the desired legs are selected, click on ‘Exit selected legs’ to immediately square off the selected Open legs.

Open legs mean positions that are currently open (ie. the trade is active for that leg)

II. Important points:

1. This option will only Square off Open legs and also cancel any corresponding open SL orders of the same legs.

2. This option does NOT Cancel or de-activate any pending SL orders or pending Wait & Trade or Re-entry orders. It only operates on OPEN positions.

3. Once a particular leg is exited using this functionality, for that leg no re-entries will happen later for that leg. The leg is exited once and for all for the whole duration till the algo goes into 'Trade Closed' status.

III. Use case:

This functionality can be helpful in squaring off buy legs or hedges bought to avail margin benefits, once the corresponding sell legs have exited.