Placing a stop loss or take profit is a command on its own. If you wanted to open a buy for 100 coins and then place your stop loss below, it would be 2 commands. sl= or tp= sets the trigger price, p= will decide where the limit order goes once triggered.

This would set your take profit 10% above the current price, once triggered it would place a limit order 5% above the current price (5% below the trigger price).

Take Profit order trigger at 10% and limit order at 5% after triggering
e=binance s=bnbbtc b=buy q=1 tp=10% p=5%
Note: Binance spot and margin do not currently support stop-loss-market or take-profit-market, only limit stops can be placed.
e=binancefutures s=btcusd b=long q=1 tp=10% p=5%
e=binancefutures s=btcusd b=long q=1 tp=10% t=market

This would set your stop loss 10% below the current price, once triggered it would place a limit order 5% below the current price (5% above the trigger price).

Stop Loss Limit order with a -10% trigger and -5% limit after triggering
e=binance s=bnbbtc b=buy q=1 sl=-10% p=-5%
Note: Binance spot and margin do not currently support stop-loss-market or take-profit-market, only limit stops can be placed.
e=binancefutures s=btcusd b=short q=1 tp=-10% p=-5%
e=binancefutures s=btcusd b=short q=1 tp=-10% t=market