Strategy Properties - Position

On this tab, you can specify the entry settings for a strategy and send any orders generated to the Strategy Orders tab in the TradeManager window.

• Access while editing a strategy document using the File > Properties menu sequence, or select Properties from the right-click shortcut menu; then select the Position tab.

Entry settings  

• Maximum open entries per position - The number of open orders a strategy can include in any one position. For example, an entry order is generated and you enter a long position; this counts as one open entry (regardless of the number of contracts or shares). The next long entry order is generated, so now there are two open entries. The value you specify in this box determines how many open orders TradeStation can include in the same position. When the maximum has been met, TradeStation ignores any additional entry orders until one or more orders in that position have been closed out.
• Maximum contracts/shares per position - The maximum number of contracts or shares that can comprise an open position. When the maximum number of contracts or shares has been reached, the strategy will ignore any additional entry orders.

Additional settings  

• Generate strategy orders for display in TradeManager’s Strategy Orders tab - Select the check box under this heading to send any strategy orders generated by your strategy to the Strategy Orders tab in the TradeManager window.

Default - Click this button to use these settings for all future strategies. A message appears to confirm if you want to use your settings as the default.