No Re-Entry After
No Re-entry After​
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This feature enables you to take no re-entry if SL/Target hit after specified time.
This setting can be only applied on Re-Entry. It will not effect normal entry. You can find this feature under Entry Settings.
You can enable this feature as shown in the image below :
Example :- Assume you created a strategy
Underlying :- Nifty
Entry :- 09:20
Strike :- ATM CE
Positon :- Buy
SL :- 30 Points
Re-Entry-Cost = 2(It means it will take max 1 entry on SL hit, you can enter max 20)
No re-entry after = 01:00 (It means it will not take any re entry if SL hit after 01:00)
Now imagine ATM CE Buy took entry at 09:20 at 150 and at 12.20 our SL i.e. 180 hits.
Now according to our Re-Entry Cost it will take re-entry if same strike price reach 150. So assume our re entry condition met at 01:20, it will take the entry because no re entry after works only if SL is hit after our specified time.
If SL hit before no re-entry time and and re-entry condition for this met even after 01:00, still it will take re-entry.
If SL would have hit after 01:00 instead of 12:20 then it will not take any re-entry.