Exit market price type

When your signal does not have a price, TradersPost will fetch a quote from the broker and use Exit market price type from your subscription instead of using a price from the signal. By default, the Midpoint will be used. For example, if you have limit orders configured and you send a signal without a limitPrice, then TradersPost will use the price from the quote.

{
    "ticker": "AAPL",
    "action": "sell",
    "orderType": "limit"
}

Or if you specify a limitPrice, then that value will be used.

{
    "ticker": "AAPL",
    "action": "sell",
    "orderType": "limit",
    "limitPrice": 100
}

You have the following options:

• Bid/Ask - Use the bid price for buys and the ask price for sells
• Bid - Use the bid price for all orders
• Ask - Use the ask price for all orders
• Last - Use the last price for all orders
• Midpoint - Use the midpoint of the bid and ask prices for all orders

Webhook marketPriceType override

The webhook field is always marketPriceType (there is no separate exit-only name in the payload). The same key is used for entry pricing when entry price overrides apply; for an exit signal it only affects how exit prices are taken from the quote when Allow signal override for exit price is enabled, or when Allow signal overrides is enabled.

If Allow signal override is enabled for exit price (or Allow signal overrides is enabled), you can override Exit market price type per signal by including marketPriceType in your webhook JSON. Valid values are ask_bid, mark, ask, bid, and last.

{
    "ticker": "AAPL",
    "action": "exit",
    "orderType": "limit",
    "marketPriceType": "ask"
}

If marketPriceType is omitted from the signal, the Exit market price type on the subscription is used. Invalid values are rejected; see the webhook message Invalid Market Price Type.