Auto-Trailing Stop loss | Algo Trading ALICEBLUE

Hello everyone I'm Manoj Verma In this video I'm going to tell you How can you use TSL Automation Before this we have uploaded M2M in which you can decide the total of profit and loss that how much profit you have and how much loss you have and your trade will stop Or your API will be disabled I have already uploaded that video And it is working perfectly In the same way we have made TSL I have made TSL for LS Blue And in the future/sample I will add all the exchanges one by one If you work in LS Blue and you need TSL then you can use it If there is any problem you can tell us in our telegram group We will try to fix it First we come to dashboard After coming to dashboard you have to login After logging in you have to click on dashboard As soon as you click on dashboard You will see this page First we have made M2M In which you can In any script In any symbol You can see How much profit and loss you want And after that your trade will stop It works like this Total profit and total loss It works like this We have created TSL management Which was in beta It was running but I didn't upload its video I'm uploading the video today Now I will explain how it works First of all you will take trades from automation You will take manual trades Suppose I took a trade for 100 rupees and I want my TSL to run for 1 rupee so what we will do as soon as you activate this in every minute The symbol you have purchased We will calculate the price What is the current price Suppose you bought it for 100 rupees And activated it The next minute we got 101 rupees So we will put your TSL at 100 rupees Now its price is 102 rupees So we will put your TSL at 101 In this way we will increase 1 rupee And suppose your price is running at 106 We stopped at 105 Now from 105 As soon as the price drops As soon as it falls below 105 Because we have set your last TSL At 105 So as soon as we run the command every minute is running and as soon as we get below 105 we will cut your trade but you have to take care of this thing We will run every command every minute It is possible that the time we run the command At that time it is not 105 rupees And after a while So you have to take care of this thing because we will run the command first then we will decide what we have to do we will match your condition i will show you as an example first of all You can see I have taken one trade I will take one more trade this is my trade from one quantity and I am taking more from two quantities so as soon as I took from two quantities It became three Now I have taken a trade I want my TSL to run on it So to run TSL you have to go to this page As I told you on TSL beta And click on add Click on add According to Alice blue First of all you have to connect your API in the morning After connecting the API I have also made an auto login for the API connection I will put the video in 1-2 days Alice blue now automatically Login You don't even need to log in I will do all one by one For now you have to make the connection yourself So as soon as you make the connection First of all you will select your Alice blue broker After that you will select the api You have added 8-10 api So according to which ap You want to run TSL I have two APIs I want to run according to this I will show you I went to the dashboard And went to API credentials Here I have a lot of APIs If I talk about Alice blue I have two API From which I have activated this I want to run my TSL management in this account Its ID is 9258 You can see the API ID I have selected After that you have to put syntax When your TSL will hit What should be the response In this case your trade should be closed So you will go to syntax What will you do Here you will go tools and help And open syntax generator Here you will generate a syntax Alice blue You will put your instrument token Who do you want to exit I want to exit Instrument token 1624 Select NSC Generate Whenever my TSL will hit And my command will run What will happen All the positions in my IOS Will be cu I will copy it After copying I put it here I have to put an instrument token I put 1624 In Alice blue there is an instrument token If you want to know the instrument token Come here I will show you Here is the symbol page Select Alice blue Put IOC You will know The instrument token of IOC Is 1624 I have added it Which is the exchange NSC Product type OrderMIS Site There is a buy side TSL There is a sale side TSL In buy we increase the price In sale we decrease the price This is how TSL works I have a buy side positio I will select buy How much is my TSL 0.1 My TSL is 10 There are two options Press it As soon as I turn on the status My TSL will star I will start getting data if I turn it on when my TSL hits my API will be disabled then my order will not go many people want when their profit or TSL hits They don't want to trade I don't use it I just turn on the status As soon as I turn on the status If you see The price is LTP I will show you I refresh the page Every minute a command will run Run count 1 This is my LTP I had put it below10 LTP 10 103.95 My TSL is added Every minute a command will run As soon as it goes below this price Whatever is my last set Set last TSL price Whatever is my set As soon as it is less than that price My command will execute and my position will be cleared You can see now my position is open From three quantities We wait It will run like this every minute The number of times it will run Run count will also show I have taken LTP 10 My TSL is set We will run in the next minute If you take a minute The video will be a little long I will run for 5- 7 minutes until it hits I have put a command in it whenever my TSL is less than As soon as it is below my TSL my trade A will close And when the trade is closed the green status will be removed it will be deactivated I will refresh it see again the command is running in which I got LTP and my last TPL It means my TSL will be Autodesk See my position is cut Why cut Because my last TSL What was it It was below 10 Which we had set This was the TSL Which I got LTP Less than 103.95 So they cut the trade Now I run again I show you again I set it again It went here This time I will not set 1 rupee It was setting 10 rupees Now I set 1 rupee I set it and activated Now I have to take a position I take a position I take it from the board I have to hit a code I hit it If you see My TSL It will be set in a new way Let' s wait TSL The third command Now my TSL is set It is set on this And the price is running Run count 4 As soon as run count 4 comes our TSL will be set Let's wait How to do this Let's explain Suppose I have entered a trade In any case Now I want to add TSL You know what is in your account People who are not able to make TSL In indicator They can use TSL In which your TSL will run automatically If it is a long side trade then add long side TSL If it is a short side then add short side TSL My run count is 3 It did not go ahead It means we didn't get 1 minute This is for those beginners Those who are advanced They don't need TSL They can make TSL in an indicator This is the best way to make TSL But I have many users who do not know Pine coding or they do not want to make custom indicators They have some indicators and they need TSL So for TSL I made this Now the run count has come And the price is LTP If we look at the price LTP is running If you see our set is It is set It is not set So we have to delete it If we have to set Because I have overwritten the previous one My previous TSL set It is set It is not set If you see TSL point It will not go up Until it is set So for now Let's delete it And let 's make it again Go here Take lsblue Take api And here I have to take a syntax Take syntax Go to lsblue Go to regular exit And I took this syntax So Let me make this syntax This is my syntax I put it here Instrument token is 1624 Exchange is NSC Order is MIS Buy side is 1 rupee TSL After adding Activate it Status on Now it is 0 again Now the command will run And it will set 1 rupee below Whatever LTP will be it will set 1 rupee below So this is the right way Now see what LTP is 103.95 And they 102.95 Added my TSL Now as the price increases The last set It will also increase But if the price goes down It will trade me I hope you understood How TSL will work Thank you for watching this video And let me tell you I have added it for lsblue In 2-4 days I will add for Fires Angel Broking Joroda Then you can take benefit of this page Thank you for watching this video Bye