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 is explicitly sent in the webhook
• 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

This behavior is enabled by default and you can optionally disable the order canceling functionality in your strategy settings by checking the Disable canceling open orders checkbox in the Cancel section of your strategy settings.