If you are using NEST Pulse, you will have option of running own scripts for semi automated trades. The reason I mean semi is it gives pop up with button "Act on alert" or "Ignore". One need to click on "Act on alert" NEST Pulse is here.
https://plus.omnesysindia.com/NestPlus/
We all install NEST PLUS in NOW and Zerodha Trader.
NEST Pulse is small feature which allows automated trades. You don't need to install anything to use NEST Pulse. You need to subscribe for service to enable feature. It costs 125/- per month. It's product of Omnesys (same company who makes NOW and NEST/ Zerodha trader).
Now coming to automated TL, In NEST script, you have
1. Your Buy alert expression
2. Your Buy exit alert expression
3. Your Sell /Short alert expression
4. Your Sell/ Short exit alert expression
Now you can write own scripts and define TF as well.
I have written
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REF(CLOSE,1) - Close >10
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This script continuously checks if close price of last bar is greater than closing price of current bar by 10. This means if prices are coming down by 10 points in one 1 bar, I will auto exit.
Now take an example,
Today morning I was long on Nifty on gapup.
My TL script found at 10:55, 4902, the condition matched. (In my case my TL was around 5 points). It given a pop up and I just clicked on "Act on alert". My profit got booked. I also put other OR conditions for safe exit.
