Allow signal quantity

If you check Allow signal override next to the quantity settings, then the quantity settings in your webhook will be used and will override the settings defined in your strategy. Here are examples of all the different settings for quantity that can be controlled from the webhook.

Checking the global Allow signal overrides automatically checks every per-field Allow signal override checkbox (including the one next to the quantity settings), so quantity fields are honored.

Fixed quantity

Always buy 100 shares of AAPL.

{
    "ticker": "AAPL",
    "action": "buy",
    "quantityType": "fixed_quantity",
    "quantity": 100
}

Dollar amount

Buy $1000 worth of AAPL shares. If the price of AAPL is $100, the quantity will be 10.

{
    "ticker": "AAPL",
    "action": "buy",
    "quantityType": "dollar_amount",
    "quantity": 1000
}

Risk dollar amount

Buy a quantity of shares that will risk at most $100 in the position. If the price of AAPL is $100 and the stop loss price is $90, the quantity will be 10. If your stop loss is hit, you will lose $100.

{
    "ticker": "AAPL",
    "action": "buy",
    "quantityType": "risk_dollar_amount",
    "quantity": 100,
    "stopLoss": {
        "stopPrice": 90
    }
}

Risk percent

Buy a quantity sized so max loss is 0.25% of account equity. If you have $10000 in equity, entry is $100, and stop is $90, the risk amount is $25 and the quantity will be 2.5 shares (rounded per broker settings).

{
    "ticker": "AAPL",
    "action": "buy",
    "quantityType": "risk_percent",
    "quantity": 0.25,
    "stopLoss": {
        "stopPrice": 90
    }
}

Percent of equity

Buy 10% of your equity worth of AAPL shares. If you have a $10000 account and the current price of AAPL is $100, the quantity will be calculated as 10.

{
    "ticker": "AAPL",
    "action": "buy",
    "quantityType": "percent_of_equity",
    "quantity": 10
}

Percent of position

Sell 50% of your position in AAPL. If you have 100 shares of AAPL, the quantity will be calculated as 50.

{
    "ticker": "AAPL",
    "action": "sell",
    "quantityType": "percent_of_position",
    "quantity": 50
}