Back to Strategy Fields
Strategy Fields

Entry trail percent

When using a Trailing Stop as your Entry order type, the Entry trail percent defines how far the trailing stop price should follow the market price before triggering an order. This allows you to enter a trade automatically once the market moves favorably by a specified percentage or dollar amount.

When Allow signal override next to Entry order type (or the global Allow signal overrides) is enabled, you can optionally send an explicit trailPercent in your webhook to override the value configured in the strategy settings.

{
    "ticker": "AAPL",
    "action": "buy",
    "orderType": "trailing_stop",
    "trailPercent": 1
}

Or you can specify a dollar amount instead of a percentage by sending an explicit trailAmount in your webhook.

{
    "ticker": "AAPL",
    "action": "buy",
    "orderType": "trailing_stop",
    "trailAmount": 10
}

Ready to put Entry trail percent to work?

Free 7-day trial

Set-up in 3 minutes

Paper account for testing

By continuing, you agree to the TradersPost Terms of Service and Privacy Policy. This site is protected by reCAPTCHA.