Strategies consist of a set of rules applied to a chart that systematically enter and exit the market (Long and/or Short), based primarily on price action and/or volume and open interest. Trading rules may be described using TradeStation's proprietary EasyLanguage. You may create your own custom rules or explore the use of sample rules provided in the TradeStation library.
When applied to a chart, TradeStation will use your choice of entry and exit rules to identify when trades might have occurred and provides you with a wide array of performance measures and reports so that you may evaluate how effective your strategy rules were throughout the entire history available on the chart.
See Strategy Library for detailed descriptions and illustrations of each strategy component.