Appearance

Personalize your experience

Mode
Accent Color
Direction
Step 1 — Settings

Step 1 — Settings

Wizard step

Global behaviour that decides how entries and exits interact: whether the strategy builds a position in stages, which multi-entry model it follows, and how far apart the levels sit.

Multiple entries and exits

By default a takes one entry and one exit. Enabling multiple entries lets it build a position incrementally across price levels or conditions. Enabling multiple exits lets it take profit in stages instead of closing everything at one target.

FieldTypeDefaultDescription
multipleEntriesbooleanfalseAllow additional entry orders at different levels or on different conditions. Each entry set carries its own conditions, and .
multipleExitsbooleanfalseAllow partial exits at different targets. Works with the in the Exit step.
ℹ
Note:Reach for multiple entries when the position is meant to be built rather than taken: across a range, averaging down into an expected recovery, pressing a winner, or running two genuinely independent entry signals side by side.

Multi-entry model

With multiple entries on, you pick the model that decides when the extra entries fire. The four differ in risk more than in mechanics, and the difference matters: two of them add size as the trade goes against you.

FieldTypeDefaultDescription
reEntryMode"grid" | "dca" | "pyramid" | "manual""manual"Grid: equally spaced levels. DCA: scale into a losing position. Pyramid: add to a winning position. Manual: every entry set triggers on its own conditions.

Grid

Buy and sell orders at intervals around a centre price. Harvests oscillation inside a range. Best where support and resistance hold; worst in a trend, which walks straight through every rung.

DCA

Adds at progressively lower prices to pull the average entry down. Works when the move down is noise and recovery follows. The risk is structural: a deeper fall means a larger position at a worse average.

Pyramid

Adds as price moves in your favour, so size grows only while the thesis is being confirmed. Gives up some average in exchange for never adding to a loser. Pair it with a trailing stop.

Manual

No automatic spacing or — each entry set fires on its own conditions. The choice when entries come from different signals rather than from a price ladder.

How the three models place their levels
GRID                          DCA                           PYRAMID

price ▲                       price ▲                        price ▲
      │                             │                              │
  110 │ ── SELL                 100 │ ── ENTRY               120 │ ── ADD 3
      │                             │                              │
  105 │ ── SELL                  95 │ ── SAFETY 1            115 │ ── ADD 2
      │                             │                              │
  100 │ ── CENTRE                90 │ ── SAFETY 2            110 │ ── ENTRY
      │                             │                              │
   95 │ ── BUY                   85 │ ── SAFETY 3                  │
      │                             │                              │
   90 │ ── BUY                   80 │ ── SAFETY 4                  │
      │                             │  size increasing             │  size decreasing
──────┴────────── time     ────────┴────────── time      ────────┴────────── time

profits from a range       lowers average entry         presses a winner
!
Caution:Grid and DCA both add size against the move. That is the of them, and it is also how they fail: a trend that never reverts converts a ladder of cheap entries into one position at a bad average. Cap the level count and set a stop on the aggregate, not just on each rung.

Spread between levels

Spread is the distance from the first entry to the next, and so the spacing of the whole ladder. Too tight and every level inside a single candle's noise; too wide and the later levels never fill at all.

FieldTypeDefaultDescription
spreadType"fixed" | "variable" | "atr""fixed": a constant offset. Variable: a you set per level. : a multiple of , so spacing tracks volatility.
spreadValuenumber—For , absolute price units or a . For , the multiplier — 1.5 means 1.5 × ATR.
LEVEL SPACINGFixedL0L1−1.0%L2−1.0%L3−1.0%L4−1.0%same gap in every regimeATR × 1.5L0L1−0.6%L2−0.8%L3−1.1%L4−1.4%widens as volatility risesboth ladders start at the same base price; only the rung distance differs
Fixed spacing keeps the same gap in every regime; ATR spacing widens when the market does.
★
Pro tip:ATR-based spread adapts the ladder to the market. In a volatile levels move apart so a single candle cannot them all; in a quiet one they tighten and the grid stays productive. 14 is the conventional starting .

Gap connections

Gap connections link an entry set to its exit set, so the exit only arms once its entry has actually . Without it an exit condition can evaluate true while there is nothing to exit, and in a multi-entry that is how you end up closing a position that a different entry set opened.

FieldTypeDefaultDescription
gapConnectionsbooleanfalseLink entry sets to exit sets. An exit activates only after its linked entry has fired.

Starting counter

A read-only mirror of the order counter configured in the step, shown here for reference. Every order placed increments it, which is what keeps order IDs unique.

Before moving on

  • Decided whether the position is taken in one go or built in stages
  • If multi-entry: chosen the model that matches the market you are trading
  • Spread set — for simplicity, when volatility varies
  • Gap connections enabled if entries and exits need to be paired
  • For a first , the are correct: leave single entry and move on

See also

Related articles

Related to Step 1 — Settings

  • Step 0 — Particulars

    Automation / Strategy Builder / Wizard Steps

    Identity and metadata: the name, description, tags and visibility that make a strategy findable a year from now. Also where the immutable Strategy ID is minted.

  • Step 2 — Tagging

    Automation / Strategy Builder / Wizard Steps

    Optional. Client order ID templates, signal-level metadata and order linking — the machinery that makes live orders reconcilable against broker statements.

  • Step 3 — Symbol

    Automation / Strategy Builder / Wizard Steps

    The trading context: broker, segment, instrument, timeframe and session mode. These choices decide what data exists, what order types are available, and…

  • Step 4 — Quantity & Capital

    Automation / Strategy Builder / Wizard Steps

    How much to trade. Four sizing modes, the capital they draw on, the leverage applied, and how capital is divided across entry sets.

  • Step 5 — Entry Signals

    Automation / Strategy Builder / Wizard Steps

    Where the strategy is actually written. Conditions, operators, nesting, order configuration, multiple entry sets, and the re-entry engine behind Grid, DCA…

  • Step 6 — Exit & Risk

    Automation / Strategy Builder / Wizard Steps

    Exit conditions, stop loss, take profit, staged partial exits and portfolio-level limits. The step that decides whether a losing trade costs you a percent…

  • Step 7 — Strategy Testing

    Automation / Strategy Builder / Wizard Steps

    The testing step offers three modes, each answering different questions about strategy behavior. Use all three in sequence: backtest to validate logic,…

  • Step 8 — Review & Deploy

    Automation / Strategy Builder / Wizard Steps

    Review is the final step before deployment. It presents the complete strategy configuration in one place, runs validation checks, highlights errors and…

  • Butterfly

    Trading / Order Book / Views

    Bid level N against ask level N, fanned out from a central spine — a level-by-level comparison of the two sides.

Browse all knowledge base articles →