ClosePosition

Close all open positions across all exchanges in a single request. This is a square-off operation that places counter orders for all open positions.

Endpoint URL

Local Host   :  POST http://127.0.0.1:5000/api/v1/closeposition
Ngrok Domain :  POST https://<your-ngrok-domain>.ngrok-free.app/api/v1/closeposition
Custom Domain:  POST https://<your-custom-domain>/api/v1/closeposition

Sample API Request

{
  "apikey": "<your_app_apikey>",
  "strategy": "Python"
}

Sample cURL Request

curl -X POST http://127.0.0.1:5000/api/v1/closeposition \
  -H 'Content-Type: application/json' \
  -d '{
  "apikey": "<your_app_apikey>",
  "strategy": "Python"
}'

Sample API Response

{
  "message": "All Open Positions Squared Off",
  "status": "success"
}

Sample API Response (No Positions)

{
  "message": "No open positions to close",
  "status": "success"
}

Request Body

Parameter	Description	Mandatory/Optional	Default Value
apikey	Your OpenAlgo API key	Mandatory	-
strategy	Strategy identifier	Optional	-

Response Fields

Field	Type	Description
status	string	"success" or "error"
message	string	Result message
mode	string	"live" or "analyze"

How It Works

1. Fetches all open positions from position book

2. For each position with non-zero quantity:

   • Long position (+ve quantity) → Places SELL order

   • Short position (-ve quantity) → Places BUY order

3. All closing orders are placed as MARKET orders

4. Uses the same product type as the original position (MIS/NRML)

Positions Closed

Exchange	Product Types Closed
NSE	MIS, CNC
BSE	MIS, CNC
NFO	MIS, NRML
BFO	MIS, NRML
CDS	MIS, NRML
BCD	MIS, NRML
MCX	MIS, NRML

Notes

• This is a destructive operation - all positions will be squared off

• Closing orders are placed as MARKET orders for immediate execution

• CNC (delivery) positions are also closed if they have intraday quantity

• Use with caution - there is no confirmation prompt

• The operation affects all positions across all exchanges

• For selective closing, use individual orders instead

Use Cases

• Emergency exit: Square off all positions during market crash

• End of day: Close all intraday positions before market close

• Risk management: Flatten all positions when risk limits are breached

Related Endpoints

• CancelAllOrder - Cancel all open orders

• PositionBook - View current positions

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