Strategy Field

Use signal take profit

If you check the Use signal take profit checkbox, then the takeProfit parameter in your webhook will be used if it exists. If the parameter does not exist in your webhook, then the take profit configured in the strategy settings will be used.

You can control take profits with a relative dollar amount or a relative percentage. In the following example, a takeProfit.limitPrice of $110 is calculated from the takeProfit.amount of $10 and the entry price of $100.

{
    "ticker": "AAPL",
    "action": "buy",
    "orderType": "limit",
    "limitPrice": 100,
    "takeProfit": {
        "amount": 10
    }
}

In this example, a takeProfit.limitPrice of $110 is calculated from the takeProfit.percent of 10% and the entry price of $100.

{
    "ticker": "AAPL",
    "action": "buy",
    "orderType": "limit",
    "limitPrice": 100,
    "takeProfit": {
        "percent": 10
    }
}

Or if you want to control the takeProfit.limitPrice directly, you can do so as well.

{
    "ticker": "AAPL",
    "action": "buy",
    "orderType": "limit",
    "limitPrice": 100,
    "takeProfit": {
        "limitPrice": 110
    }
}

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