Add Strategies - Strategy Components
The Add Strategies - Strategy Components tab allows you to select a strategy to be applied to an active Chart Analysis window. When plotting multiple symbols at a time, the strategy component is always applied to the first symbol plotted. The strategy can reference other symbols on the chart, but you are always trading the symbol on which the strategy is applied.
The types of entries and exits that the strategy uses are indicated by check marks in the appropriate columns (Buy, Sell, Sell Short, and Buy to Cover). A check mark in the Verified column indicates if the EasyLanguage code for the strategy has been verified.
Access using the Chart Analysis Studies > Add Strategy menu sequence and select the Strategy Components tab. The Add Strategies dialog is displayed.
Strategy Components
Contains the a list of available strategies, their status, and the types of entries/exits associated to the strategy.
- Select a strategy from the list.
- Definition - Displays the meaning of the selected strategy.
- Edit EasyLanguage - Opens the EasyLanguage document for the selected strategy component in the TradeStation Development Environment.
- Import - Contains two ways to import a strategy component from the Internet or an external file:
- From TradingApp Store - Launches the TradeStation TradingApp Store website.
- Using the Import/Export Wizard - Launches the Import/Export Wizard.
- Prompt for Edit - Check this setting to display the Customize Studies & Strategies - Strategies dialog.
Click OK to apply changes or Cancel to exit without changes. When you add a strategy with an preexisting strategy plotted in the chart, the new strategy replaces the previous one.