Is It Possible to Place Take Profit Order Alongside Stop Loss in Upstox API?

Developer API
1

Hello Upstox Developer Community,

I have a quick question regarding the functionality of placing orders through the Upstox API.

As of now, I understand that it is possible to place a stop loss order with a regular order, but I wanted to know if it is possible to place a take profit order along with a stop loss order using the API.

The ability to place both a stop loss and a take profit order simultaneously (as an OCO order) would be incredibly useful for automated trading strategies and better risk management.

Is this feature currently supported, or if not, is it in the pipeline? If it is, can you please provide an estimated timeline for when it might be completed?

Thanks & Regards,
Sanjay Jain

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Also, Is Order Webhook available in UpStox API?

3

Hi @Sanjay_Jain

OCO,BO & FO will be released along with our GTT APIs. It will have all the above capabilities built-in. TSL included!
On the release timelines - By late March!

Regarding web-hooks - Weā€™re waiting under regulatory approval on the same. The new API regulations have changed the standard way of approvals and since this would fall under the purview of APIs, things are delayed.
Once the approval is done, all we need to do is push the code to prod.
Much awaited on the exchanges to approve. :crossed_fingers:

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