Option to 'Not to re-enter on same strike': Feature Request

8593940872

Hi,
In some cases, Let's say the entry strike would be OTM1 and when an SL hits on the strike, say Nifty 21500CE, the system enters 21500CE again just because 21500CE was again the OTM1 when the re-entry was triggered.

Though, as far as an algo is concerned, it is logically correct to re-enter the same strike, practically, it is not.

Can you provide a checkbox with 'Upon re-entry on same strike, enter the next one' or something to that effect?

AlgoTestSupportSahil

Hi @8593940872
Thank you for your suggestion regarding the Re-Entry ASAP feature. Let me clarify how it works. If you have selected OTM1 strike for entry and your stop loss (SL) is hit, the feature will immediately take entry at whatever OTM1 strike is available at that time. If your SL is small, it can be the same strike. I appreciate your input, and we will definitely consider it for future updates.