Many intraday traders wanted to get notified whenever they reach certain profit/loss target for their over all trades. However, Zerodha/Upstox doesn’t have this feature of MTM notifications.
So here’s a solution through which users can setup their own notification conditions and get notified via email/Push Notifications.
Will use a Chrome extension called Distill web monitor for this. You can download the chrome extension from this link
Monitor webpage or feed for changes. Get SMS and email alerts on change detection.chrome.google.com
Once the extension is added to your chrome browser, it appears on your top right corner, just click on it. Now our requirement is to get notified whenever MTM or over all profit/loss reaches to certain level.
So now go to your kite browser window and click on positions tab and click on distill chrome extension and Select parts of page
Once you hover around your mouse, certain boxes would appear, just select your total mtm box and click on Save selection that appears on bottom.
Upstox users, once they login click on distill chrome extension and Select parts of page and at the top you will see MTM, below that it displays mtm values, you select that box and click on Save selection that appears on bottom.
Now, you could see the settings page, like below. You can setup, how frequently you wanted to check. 6 seconds interval is the minimum gap.
Now, you can create alert notifications whenever your given conditions are met. You can sign in, so that it could send email notifications to you, if not it just triggers audio alert or pop up notifications.
In the conditions, you can specify like below in the drop down window.
If text has number less than -1000 (you can enter whatever loss values you want here), so when mtm loss exceeds Rs.1000 it sends out notification.
You can click on add condition in right side and add more condition.
If text has number greater than 1000 (you can enter whatever profit values you want here), so when mtm profit exceeds Rs.1000 it sends out notification. and click on save.
Once your settings/conditions are saved, it starts running in the background continuously.
You can switch off/on the alert whenever you want. This chrome extension is widely used by many across the globe. Day trades can make use of its feature.