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TrailingStoploss in ROBO Order

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  • A

    Hi @admin,

    Could you please help me understand why trailingStopLoss is not working in the below ROBO order?

    I am placing a BO (Bracket Order) with variety = "ROBO" and producttype = "BO" using a normal BUY ROBO order (not STOPLOSS_LIMIT).

    Even though I am passing trailingStopLoss: "5", the trailing stop loss does not seem to get applied.

    Here is my order payload:

    orderparams = {
    "variety": "ROBO",
    "tradingsymbol": symbol,
    "symboltoken": str(token),
    "transactiontype": "BUY",
    "exchange": EXCHANGE,
    "ordertype": "LIMIT",
    "producttype": "BO",
    "duration": "DAY",
    "price": str(entry_price),
    "squareoff": "10",
    "stoploss": "2",
    "trailingStopLoss": "5",
    "quantity": str(qty),
}

    Could you please confirm:

    1. Is trailingStopLoss supported for ROBO BO orders in SmartAPI?
    2. Is the correct parameter name trailingStopLoss or should it be something else like trailing_stoploss?
    3. Are there any restrictions or minimum values required for trailing stop loss in ROBO orders?

    Thank you.

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  • A

    Dear @admin , I wanted to kindly follow up on my earlier request as I haven’t received a response yet. Please let me know if any additional information is required from my side

    0
  • D

    Check this:
    def PlaceRoboOrder(self, TradingSymbol, Token, BuySell, Exchange, Quantity, Price, stoploss,squareoff):
    try:
    orderparams = {
    "variety": "ROBO",
    "tradingsymbol": TradingSymbol, #"SBIN-EQ",
    "symboltoken": Token, #"3045",
    "transactiontype": BuySell, #"BUY",
    "exchange": Exchange, #"NSE",
    "ordertype": "LIMIT", #"LIMIT",Limit_Market
    "producttype": "BO",
    "duration": "DAY",
    "price": Price, #"19500",
    "squareoff": squareoff,
    "stoploss": stoploss-1, #"0",
    "quantity": Quantity, #"1"
    "triggerprice" : stoploss, #Price-stoploss
    "trailingstoploss": 5
    }
    smartApi.placeOrder(orderparams)

    0