What is the strategy-level exit parameter in scalping?
The strategy-level exit parameter in scalping allows you to set a
predefined profit or loss limit for your entire trading strategy. For example,
if you reach your profit target with just 5 out of 10 entries, the strategy
will be considered complete, and no further entries will be made. This feature
helps manage risk and lock in profits efficiently, ensuring that your overall
trading objectives are met within the defined parameters.
Related Articles
What is the leg-wise Target/Stop loss parameter in Scalping?
The leg-wise Target/Stop loss parameter in Scalping allows you to set individual target (TGT) and stop loss (SL) levels for each entry made by the strategy. You can define these levels based on premium points or percentage (%) basis, providing ...
What is ‘Number of Times’ in Scalping?
The "Number of Times" parameter in scalping refers to the predefined count of times that the system will initiate entry into positions within the strategy. For instance, if you set this parameter to 3, the system will execute entry into positions ...
What are Scalping Points?
Scalping points are predetermined price differentials that serve as triggers for executing scalping trades within a strategy. For instance, if you specify 50 points as your scalping points and the reference price is set at 18,000, the system will ...
What could be my reference price (Spot or Future Price) from where the scalping strategy will start?
Your reference price, also known as the offset price, is determined at the time you submit the strategy. For example, if you submit the strategy at 10 AM when NIFTY futures are trading at 18,500, then 18,500 becomes your offset price. Your scalping ...
Can I resume the Strategy?
Yes, you can reactivate a previously paused Smart Strategy. Once you resume, your strategy will become active again and begin monitoring market conditions to identify entry and exit opportunities according to your defined parameters.