SL - Stop Loss
Note:### Parameter: sl
Type: decimal
Required: No
Description:
- The stop-loss level for the order.
- If specified, the order will be closed automatically when the price reaches the stop-loss level.
- The value can be either a price or a percentage from the current price. The
SlType
in the MT5 connector determines how the stop-loss level is interpreted.
Example:
JSON
{
"sl": 1.1200
}
Note:
- The
sl
parameter is optional. If not specified, no stop-loss will be set. - If
sl
is specified, ensure that theSlType
in the MT5 connector is set correctly. - For price-based stop-losses, the price must be below the entry price for long positions and above the entry price for short positions.
- Incorrect or missing
sl
values may result in unexpected behavior.