Cancel Open Orders

This message indicates that TradersPost will cancel all open orders for the ticker before sending the exit and/or entry order to the broker. Open orders for the ticker will be canceled in the following scenarios:

• action=cancel or "cancel": true is sent in the webhook/signal JSON for that signal
• there is no open position for the ticker
• there is an open position for the ticker but the position is on the opposite side of the signal

Automatic pre-order canceling is off by default. You can enable it with Cancel existing open orders before placing new orders in the Open Orders section of your subscription settings. We recommend enabling it if you use take profit or stop loss with your entry order.