Angel API Requirements
The API will automatically check our Positions and decide to punch a square-off order, it may be sell
or buy order.
Partial square-off positions on the basis of defined Stop Loss (SL), Applied only when we are in
loss.
SL can be defined for number of lots to be square-off
SL can be set as points or percentage or amount
Example: We need 4 rules
1. Define SL to square-off 25% of current position/lots: 5points
2. Define SL to square-off 50% of current position/lots: 10 points
3. Define SL to square-off 75% of current position/lots: 15 points
4. Define SL to square-off 100% of current position/lots: 15 points
Al above rule OR any one rule can be defined. These rules will be processed in sequence from 1 to 4.
Mostly we will define rule number 2 and 4. If any SL rule is not defined, it means it will be avoided, if
we define SL only for 100%, in that case only this rule will be applied.
Auto Trailing the Stop Loss (SL), applied when we are in some profit
The above SL order can be trailed/ modified as per defined trailing SL –
A. Trailing SL to square-off 25% of current position/lots: 5points from current strike price
B. Trailing SL to square-off 50% of current position/lots: 7 points from current strike price
C. Trailing SL to square-off 75% of current position/lots: 9 points from current strike price
D. Trailing SL to square-off 100% of current position/lots: 12points from current strike price
