Stop loss amount

Use the Stop loss amount field to dynamically calculate a stop price for your stop loss using a relative dollar amount. For example, if you configured your Stop loss amount to be $10 and we enter at $100, the stop price would be $90.

You can also control this from the webhook as well. Any stop loss you send in your webhook will be used instead of the one configured in the strategy settings.

{
    "ticker": "AAPL",
    "action": "buy",
    "orderType": "limit",
    "limitPrice": 100,
    "stopLoss": {
        "type": "stop",
        "amount": 10
    }
}

Or if you want to calculate your own stop loss stop price, you can do so as well by sending an explicit stopPrice in your webhook.

{
    "ticker": "AAPL",
    "action": "buy",
    "orderType": "limit",
    "limitPrice": 100,
    "stopLoss": {
        "type": "stop",
        "stopPrice": 90
    }
}