No Exit Bid Ask Spread Filter Exceeded

This message means the exit order was not submitted because the bid-ask spread on the quote used for that exit exceeded the effective exit cap: the Exit bid-ask spread filter amount or Exit bid-ask spread filter percent from your subscription and/or bidAskSpreadFilter (dollar amount) or bidAskSpreadFilterPercent (percent spread cap) from the webhook when signal rules allow it.

When TradersPost plans an exit, it compares the current spread to that cap. If the configured cap is a dollar amount, the spread is compared as ask - bid. If the configured cap is a percent, the live spread is expressed as (ask - bid) / ((ask + bid) / 2) * 100 (midpoint in the denominator only; mark fallback when that midpoint is zero). If the spread is wider, the exit is blocked to reduce risk of fills in illiquid or very wide-spread conditions.

This feature requires market data (quotes) from your broker. If the broker does not support quotes, the filter is not applied and you should not see this message for that reason.

For example, if the effective exit cap is $0.02 and the current spread is $0.05, the exit is rejected. Likewise, if the effective exit cap is 0.05% and the live spread exceeds 0.10% by the same percent measure, the exit is rejected with this message.

Entry and exit filters are independent: tightening Entry bid-ask spread filter amount / Entry bid-ask spread filter percent does not block exits based on that setting, and tightening Exit bid-ask spread filter amount / Exit bid-ask spread filter percent does not block entries.

This helps protect you from:

• Exiting in illiquid markets with wide spreads
• Unexpected slippage due to poor market conditions
• Orders filling at unfavorable prices