How a Telegram call becomes a Fyers order
- Listen. Your Telegram account is linked as a device, and only the channels you add are read. Public or private, channel or group: if your account has joined it, it can be copied. It runs in the cloud, not on your phone.
- Read. AI pulls out the instrument, strike, option type, expiry, entry, stop-loss and target from the message as the channel actually writes it.
- Check. The call is tested against that channel's rules: allowed instruments, lots, capital per trade, your daily loss limit, open-trade limit and trading hours.
- Place. The order goes to your Fyers account. Every order is a limit order: a “buy now” becomes a limit just above the live price, and “buy above 118” waits for the breakout. If the price has already run more than 3% past the trigger, the call is skipped rather than chased.
- Protect. As soon as the entry fills, the stop-loss and target are placed at the broker. If the call didn't include them, your channel's default percentages are used. The stop is never guessed.
Built for how channels really post
Real signal channels don't post clean, one-line calls. They post in fragments, in shorthand, and in the middle of a conversation. Trade Arena reads each channel as a conversation:
- A call split across two messages still becomes one trade. The first half is held for 10 minutes and merged when the rest arrives.
- Follow-ups such as “book 50%”, “exit all”, “trail the sl” or “abort” attach to the trade they mean, because the parser sees the channel's recent messages and your open positions.
- A message it isn't sure about goes to your approval queue instead of to your broker.
- Before a channel goes live, you can paste any real message from it into the tester and see exactly how it would be traded.
The exit is decided before the entry
You set your exits once per channel, and after that each trade follows them without you:
- Stop-loss and target sit at the broker from the moment the entry fills.
- Part of a position can be booked at a level you choose, while the rest keeps running.
- A trailing stop only ever moves up.
- A later message from the channel can tighten the plan or exit early. It can't widen your stop.
- Anything still open is squared off at 3:15 PM IST. No position is left overnight.
Start on paper, stay in control
- Paper first. Every new channel starts on paper. Its calls are simulated, not sent to your broker, until its record earns live trading or you switch it yourself.
- Auto or confirm. Run a channel fully automatic, or have each entry wait for your approval.
- Limits per channel. A fast scalping channel and a slower one don't have to share lot sizes or risk.
- Daily loss cap. Hit it, and no new entry is taken for the rest of the day.
- Kill switch. One toggle stops every new entry across every channel.
What it trades
Intraday options on Fyers: NIFTY and BANKNIFTY, plus F&O stock options. Lot sizes and expiries are synced from the exchange master every morning, so a call for “BANKNIFTY 57700 PE” becomes the right contract. Live API orders need a static IP registered to you, and every account gets its own. See static IP for algo trading.
What it costs
You pay per order, not per message. One token is used per order placed. Stop-loss fills, target fills and the 3:15 square-off cost nothing. New accounts get free tokens to start. See the FAQ for the rest.
What it is not
Trade Arena is an order-execution tool, not an adviser. It doesn't pick trades; it copies the calls of channels you choose, within the limits you set. Automation removes hesitation, not risk: a bad call executed perfectly is still a loss, and F&O trading can cost you part or all of your capital.
Getting started
- Sign in with Google.
- Connect Telegram by scanning a QR code, or with your phone number.
- Connect Fyers. The Fyers API setup guide walks through it.
- Add a channel, set its limits, and watch it trade on paper.