Namaste Tribe!
The Futures Price Alerts feature on WazirX helps you stay informed about important price movements in Futures markets without constantly monitoring trading charts.
What Are Futures Price Alerts?
| Feature | What You Should Know |
|---|---|
| Market Monitoring | Track important price movements in Futures markets without continuously checking charts. |
| Price Notifications | Receive alerts based on the price conditions you configure. |
| Trading Decisions | Use alerts to review market movements and decide whether you need to take action. Price alerts do not automatically execute trades. |
How to Set a Futures Price Alert?
| No. | What You Need to Do |
|---|---|
| 1 | Log in to WazirX and open the Futures section. |
| 2 | Select the Futures market you want to monitor. |
| 3 | Use the available Price Alerts feature to configure your preferred price condition. |
| 4 | Save your alert to start monitoring the selected Futures market. |
Are Futures Price Alerts the Same as Stop Loss Orders?
No. Price alerts notify you about market movements, while Stop Loss (SL) and Take Profit (TP) orders are designed to trigger an order when their specified conditions are met.
Important: Futures Price Alerts are informational only. They do not automatically open or close positions and should not be used as a replacement for Stop Loss orders. Always monitor your positions and manage your trading risks.