1) Entry Handling. The Help file says: "Sets the manner in which entry orders are handled. If set to "AllEntries", the strategy will process all entry orders until the maximum allowable entries set by the "Entries per direction" property have been reached while in an open position."
So lets say I have a strategy that opens a single contract position each time it identifies a trade signal. I assume the text above means that if I have "Entries per direction" set to 3, my strategy will open a maximum of 3 contracts, opening 1 contract each time it identifies a long trigger (assuming the strategy has not encountered an exit signal). Is that correct?
If so, then I have no idea what this text from the help file means: "If set to "UniqueEntries", the strategy will process entry orders until the maximum allowable entries set by the "Entries per direction" property per each uniquely named entry have been reached." What is a "uniquely named entry"? How does an entry get "named"?
The order management options in strategy builder are pretty basic: Open Long/Short; Exit Long/Short with a few variants for limit and stop orders. When and why would I want this set to "UniqueEntries"?
2) Stops and Targets: The hep file describes this setting as " Sets how stop and target orders are submitted". That is incredibly vague. The menu allows two choices: "By strategy definition" and "By entry execution". Is there a detailed description somewhere of how these two settings affect stetting stops and targets? How are they different? When might I want to use one setting versus the other?
Are there resources somewhere that fully explain (with examples) ALL the different menu, items, parameters and settings in Strategy builder?
Thanks!
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