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 when Allow signal override next to the stop loss settings (or the global Allow signal overrides) is enabled. 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
    }
}