If you’re asking about a Stratzy algo, it helps if you mention:
• Algo name - Fixed RR 1:3
• Time period - Intraday
• What you’re observing or confused about
No need to share account details or P&L screenshots.
The primary objective of Algo Trading is to eliminate emotional bias and follow a disciplined, rule-based approach. Hence, we generally recommend avoiding manual intervention and allowing the algo to execute the strategy as designed.
However, if you still wish to exit an open position manually, you can do so easily through the Stratzy app by navigating to the P/L section and closing the trade from there.
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so i cant do it from dhan
You will always have overriding controls over your algos. You can exit from DHAN as well it will take 2-3 minutes to reflect in Stratzy positions.
if a position opened by algo is exited manually, will the algo try to exit it once again and that will create new position?
No, you do not need to worry about a new position being created.
If you manually exit a position that was opened by the Algo, then when the Algo later generates its exit signal, it first checks the current position. Since the position has already been closed manually, no additional exit order will be placed.
As a result, the Algo will not create a fresh position while processing the exit signal.
I hope this clarifies your query.
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