New Feature Alert: Automate your moves with "One Triggers Other" (OTO)!

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Hey Traders,

Ever missed a perfect entry because you were watching the Index chart but couldn’t place your Option order fast enough? Or maybe you struggled to exit a position because you were tracking the spot price instead of the premium?

We know the feeling. That’s why we’re introducing One Triggers Other (OTO)—a smart new way to link your trades to market movements automatically.

:magnifying_glass_tilted_left: What is OTO?

OTO lets you set a Trigger condition on any scrip or index. Once that specific condition is met, your linked Buy or Sell order is placed automatically.

:high_voltage: Why is this a game-changer?

  • Smart Entries: Analyze the main Index chart. Set a condition: “If Index crosses 25,000, Buy 25,000 Call Option.” You focus on the levels; we handle the order placement.
  • Precision Exits (Stop-Loss/Target): Already in a position? You can now exit your Options trade based on the underlying spot levels. Set a trigger: “If stock falls below 1580 (Support), Sell my 1600 Call Option.” No need to guess the option premium—exit exactly when your chart level breaks.
  • Pair Trading: Tracking Stock ABC but want to trade a related sector stock? Set the trigger on Stock ABC, and let the system place order on the other stock automatically.

:hammer_and_wrench: How to use OTO (Step-by-Step):

  1. Open the Order Screen: Select the scrip you want to buy or sell.

  2. Select Trigger: Tap on + Trigger at the top right and select One Triggers Other (OTO).

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  3. Choose One triggers other from the bottom sheet

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  4. Choose Your Trigger: Tap Search for a scrip. Select the Index or Stock you are tracking.

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  5. Set the Condition: Choose the logic that matches your chart analysis:

  • Greater than: Use this for Upside Breakouts (e.g., “Trigger if price crosses above resistance”).
  • Less than: Use this for Downside Breakdowns (e.g., “Trigger if price falls below support”).
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  1. Place Order: Swipe to schedule, your order will be placed.
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:light_bulb: Pro Tip: Stop staring at two screens! Whether you are entering a fresh trade or protecting your gains, let the Index chart drive your Option trades automatically.

:date: Rollout schedule

We are rolling this out in phases to ensure a smooth experience for everyone:

  • Android & Pro Web: Available this week (please ensure your app is updated to the latest version).
  • iOS: Following closely next week.

:backhand_index_pointing_down: Question for the Community:

We’d love to know how you plan to use this! Will you use OTO more for catching Breakout entries or for managing strict Stop-Loss exits on the Spot chart?

Drop your strategy ideas in the comments!

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Thank you for introducing this much-needed feature, especially for traders who track positions using the underlying index. I have a couple of suggestions that could further enhance its usability:

  1. Partial profit booking
    Is it possible to enable partial square-off through this feature?
    For example, if I hold 10 lots of an Option CE position and have two resistance levels (R1 and R2) on the underlying index chart, can I place an OTO order to square off 60% of the position at R1 and the remaining 40% at R2?

  2. Drag-and-drop OTO levels on the chart
    It would be extremely convenient if the OTO level lines could be made drag-and-drop directly on the index chart. This would make the feature far more intuitive and seamless to use on Chart360.

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@SHANTANU_39333730 Thanks for the feedback!

That is a classic trading scenario, and the answer is yes—you can absolutely do this by splitting your exit into multiple OTO orders.

Since each OTO order is linked to a specific trigger level, you would simply place two separate sell orders to cover your resistances:

  • Order 1: Set a trigger for Resistance 1 (R1) on the underlying Index to sell 6 lots.
  • Order 2: Set a trigger for Resistance 2 (R2) on the underlying Index to sell the remaining 4 lots.

The system will monitor both levels independently and execute each part of your position as the Index hits those specific targets. This way, you lock in gains at R1 while letting the rest run to R2 automatically!

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Thank you for the confirmation on partial profit booking — that’s great.

Just checking if you could also share your thoughts on the second suggestion regarding drag-and-drop OTO level lines directly on the index chart (Chart360).

Thank you