P&L-based alerts and exits help you track the combined profit or loss of one or more open positions and take action when a set level is reached. You can use them either to get alerts or to automatically square off positions.

Follow the steps below to create and use P&L-based alerts and exits on Pro Web.

Step 1: Log in to pro.upstox.com.

Step 2: Go to Positions and click the P&L Alert icon to get started.

Step 3: After clicking the P&L Alert icon, a panel opens on the right side of the screen. From here, you can view and select your open positions.

Step 4: Select the checkboxes for the positions (legs) you want to track together. As you select them, the combined P&L is shown at the bottom. Click Proceed to continue.

Step 5: Set up your alert details and click P&L Alert.

You can configure:

• Alert Name: Enter a custom name for easy identification.
• Set condition: Set a target (profit) or stop-loss (maximum loss). You can set one or both.
• Action: Select Alert & place order to automatically square off the selected positions when the set level is reached. Or Select Alert only to receive a notification without placing an order.

Step 6: You can view, track, or manage your active P&L-based alerts anytime by clicking the P&L Alert icon from the Positions page.