Allow signal take profit

If you check the Allow signal override checkbox, then the takeProfit parameter in your webhook will be used if it exists. If the parameter does not exist in your webhook, then the take profit configured in the strategy settings will be used.

You can control take profits with a relative dollar amount, a relative percentage, an absolute limit price, or a portfolio PnL target (pnlAmount). Do not mix pnlAmount with percent, amount, or limitPrice in the same takeProfit object.

In the following example, a takeProfit.limitPrice of $110 is calculated from the takeProfit.amount of $10 and the entry price of $100.

{
    "ticker": "AAPL",
    "action": "buy",
    "orderType": "limit",
    "limitPrice": 100,
    "takeProfit": {
        "amount": 10
    }
}

In this example, a takeProfit.limitPrice of $110 is calculated from the takeProfit.percent of 10% and the entry price of $100.

{
    "ticker": "AAPL",
    "action": "buy",
    "orderType": "limit",
    "limitPrice": 100,
    "takeProfit": {
        "percent": 10
    }
}

Or if you want to control the takeProfit.limitPrice directly, you can do so as well.

{
    "ticker": "AAPL",
    "action": "buy",
    "orderType": "limit",
    "limitPrice": 100,
    "takeProfit": {
        "limitPrice": 110
    }
}

You can also send a PnL-based take profit (dollar profit target; TradersPost converts it using entry quantity calculated before the order is sent to the broker and the symbol's point value - for futures, dollar value per price point from the quote; for options, the contract multiplier (100 per contract for standard equity options)):

{
    "ticker": "AAPL",
    "action": "buy",
    "orderType": "limit",
    "limitPrice": 100,
    "takeProfit": {
        "pnlAmount": 100
    }
}