Dollar amount

The Dollar amount method sets position size from a target notional dollar amount.

How it's calculated

• Quantity = dollar amount ÷ entry price

Example

• quantity = 1000 ($1000), entry price = $100
• 1000 ÷ 100 = 10 shares

Configure this in your strategy under Quantity calculation method → Dollar amount, or override it in a webhook by sending quantityType=dollar_amount with quantity as the dollar amount.

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