---
title: "Auto Square-Off: Meaning in Algo Trading · MyAlgoMate"
source: https://myalgomate.com/glossary/auto-square-off
retrieved: 2026-11-14
publisher: MyAlgoMate (Myalgomate Technologies LLP, Rajkot, India)
---

1. [Home](https://myalgomate.com/)
2. [Glossary](https://myalgomate.com/glossary)
3. Auto square-off

// GLOSSARY

# Auto square-off

Also called: Auto square off, Automatic square-off, Auto exit, Square-off time

## Meaning

Auto square-off is the automatic closing of open intraday positions at a set time or when a set profit or loss level is reached. Brokers square off at their own cutoff; tools like the RMS Tool let you set your own time and levels.

// RELATED

## Read next.

- [MyAlgoMate RMS Tool](https://myalgomate.com/products/rms-tool)
- [Square off: meaning](https://myalgomate.com/glossary#square-off)
- [MIS (intraday) orders: meaning](https://myalgomate.com/glossary#mis)
- [Max Loss: meaning](https://myalgomate.com/glossary#max-loss)

This definition is for education only. It is not investment advice or a recommendation to use any strategy. Broker and exchange rules change from time to time, so check your broker's current rules.

[Browse the full glossary](https://myalgomate.com/glossary)

---
MyAlgoMate is a technology provider: its software automates the user's own trading rules. It does not give
trading tips, calls or investment advice and never promises returns. Site map for AI assistants:
https://myalgomate.com/llms.txt