place_order: Function to place a trade.

In angelbroking-github/smartapi-r: SmartApi-R

Function to place a trade.

Description

Function to place a trade with specified details.

Usage

place_order(object, param)

Arguments

object	An object of type smart connect.
variety	Order variety, e.g. regular, bo, co or amo.
tradingsymbol	Trading Symbol of the instrument.
symboltoken	Symbol token
transactiontype	BUY or SELL.
exchange	Exchange for the order, e.g. NSE, NFO, CDS etc.
ordertype	Order type, e.g. MARKET, LIMIT, SL or SL-M.
producttype	Product type, e.g. MIS, NRML, CNC, BO or CO.
duration	Duration
price	Price if required (e.g. for limit orders).
squareoff	Price difference for profit booking (bracker orders).
stoploss	Price difference for loss booking (bracket orders).
quantity	Quantity of the order.

Details

This function sends an order with input details for execution. Please note not all parameters are relevant for all types of orders. This function (as with rest of the package) does no error checks and post the trade request as is. It is left to the function calling this method to carry out necessary error checks. If the order is successfully posted, an order ID will be returned. A successfully posted order does not mean it is a valid order, and orders with erroneous user input can be immediately cancelled. Therefore it is good practice to check the order details once an order ID is received from this call.

Value

Returns an order ID (string), if successful.

angelbroking-github/smartapi-r documentation built on March 30, 2022, 8:04 a.m.