Use signal order type for entries

If you check the Use signal order type for entries checkbox, then the orderType parameter in your webhook will be used if it exists. If the parameter does not exist in your webhook, then the Entry order type configured in the strategy settings will be used. If the orderType parameter is not supported by your broker, then it will fallback to the configured order type in the strategy settings. The allowed values are:

• market - fills at the current market price
• limit - fills at the specified price or better
• stop - converts to a market order when the stop price is reached
• stop_limit - converts to a limit order when the stop price is reached
• trailing_stop - converts to a market order when the price moves against you by a specified amount

Market

A market order is an order to buy or sell a security immediately at the best available current price.

{
    "ticker": "AAPL",
    "action": "buy",
    "orderType": "market"
}

Limit

A limit order is an order to buy or sell a security at a specific price or better.

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

Stop

A stop order is an order to buy or sell a security when its price touches the stop price. It is converted to a market order when the stop price is reached.

{
    "ticker": "AAPL",
    "action": "buy",
    "orderType": "stop",
    "stopPrice": 100
}

Stop Limit

A stop limit order is an order to buy or sell a security when its price reaches a certain point, known as the stop price, and then converts into a limit order.

{
    "ticker": "AAPL",
    "action": "buy",
    "orderType": "stop_limit",
    "stopPrice": 100,
    "limitPrice": 99
}

Trailing Stop Dollar Amount

A trailing stop order is a stop order that can be set at a defined percentage or dollar amount away from a security's current market price. The trailing stop price is adjusted as the price moves in your favor.

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

Trailing Stop Percentage

A trailing stop order is a stop order that can be set at a defined percentage or dollar amount away from a security's current market price. The trailing stop price is adjusted as the price moves in your favor.

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