No Entry Reverse

This message indicates that a new position on the opposite side could not be entered because you sent action=reverse but there is no open position for the ticker. A reverse first closes the current position and then opens the opposite side; with no position to close, TradersPost does not submit an entry order for the opposite side.

You may see this message together with the "No position open to reverse" notice when you reverse with no position open. Both describe the same situation from different parts of the trade plan (exit vs entry).

To open a position, use action=buy or action=sell instead. After you have an open position, action=reverse will close it and open the opposite side in one signal.