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Immediately buy another order when SL is hit

Python SDK
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  • T

    I am placing a order, let say buying 33000 CE at 200 with a SL of 250. Now, I want to execute another order as soon as my SL is hit.

    Ex: I bought 33000 CE at 200 - SL 250

    Now, at some point my SL is hit then I would like to immediately buy another strike 33500 CE.

    Do, I have to run the code every 1 minute to check if the position is closed and then place a new order, or
    Is there any trigger which will let me know that SL is hit.

    0 R 1 Reply
  • R

    @TradeMonk Why SL is at 250 when you buy at 200? As mush as I know, there is no trigger that will let you know if your SL has been hit. You have to keep checking if your SL has been hit or not at every tick. Market can move wildly even in 1 minute so don't wait for 1 minute.

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