Strategy Properties - Pyramiding

On this tab, you can specify the pyramiding settings for a strategy.  In TradeStation, pyramiding specifically refers to adding shares or contracts to existing positions within a market. You specify whether or not your trading strategy can add to existing positions, and if so, under what circumstances.

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

Allow entry orders in the same direction as the currently held position - Select this check box to allow your strategy to pyramid.

• When the order is generated by a different entry - Choose this option to allow pyramiding when the order is generated by a different entry.
• Regardless of the entry that generated the order - Choose this option to allow pyramiding, no matter which entry generated the order.

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.