Some users have expressed a desire to be able to incrementally add to a position. Although there is no way to use rules to dynamically determine the number of shares to add at various times, it is possible to add shares in pre-determined increments.

Lets say you have a trading strategy (Trading Strategy 1) that buys 200 shares of IBM under certain conditions. Lets say that you want to add another 100 shares in the event that you are already long in Trading Strategy 1, and if the RSI goes above 70. What you will do is insert another trading strategy on the IBM chart (Trading strategy 2) for 100 shares that has two long entry rules, both of which must be true:

1. The RSI>70, and
2. Trading strategy 1 is long

So how do you determine if Trading Strategy 1 is long? Just use the indicator called “Position”, which you will find in the category called “Trading Strategy: Position information”. Just make sure that the parameter indentifying the trading strategy is pointing to Trading Strategy 1, not Trading Strategy 2. Use the indicator A=B to determine if the position indicator is equal to 1 (long).

Using the same techniques, you can add more increments if you desire. Your incremental trading strategy can decide to exit if the one before it has exited or gone short, possibly using other conditions as well.