TradeStation Help
This order feature allows you to determine when an order will be sent to the market based on either a specified time or price action of one or more symbols. Activation rules for a given order are specified using the Activation Rules option.
Activation rules are only active during the regular session.
VIDEO - How to set activation rules on an order
Learn about using activation rules to set up conditional orders to activate only when specified time and/or price criteria are met.
A time-based activation rule is only evaluated during the first active regular session after the order is created.
All of the Activation Rule conditions must be true for the order to become active. For example, if an activation time of => 3pm (equal to or greater than 3pm) is set and a trigger price is selected for a symbol, the order will become active only if the time is 3pm or greater and the symbol reaches the price target. For a GTC order, if the price-based and time-based rule conditions are not met during the first active session after the order is created, then only the price-based conditions will continue to be tested on successive sessions until the GTC order is filled or canceled.