How to increase the strategy position size using pyramiding

http://bit.do/dLv27 Secret sale page FxMath.
Pyramiding is a process of using unrealized profits from a successful trade to increase your position size. If the market is going in your favor, increasing your position size may increase your profit potential. By default, TradeStation strategies will only take one position in the same direction at a time. For example, if a strategy is long it will not generate another long entry to increase the position size. It'll wait until a short entry or an exit is generated. To illustrate this, here is a simple key reversal strategy, the bars where a key reversal up occurs is marked with a yellow show me dot. The strategy is supposed to buy 100 shares every time a key reversal up occurs. Notice that we only see a strategy signal on the first key reversal. The following key reversals are ignored until the exit is generated. This strategy trade was profitable. However, we could have increased our profit potential by enabling pyramiding and allowing the strategy to generate additional entry orders and increase the position size on consecutive key reversals. Let's do this and see how it affects a strategy. Right click on your chart, select format strategies, and click the properties for all button. On the top right, notice the position limits section, this is for pyramiding strategies only. Click the check box to allow up to 50 entry orders in the same direction as the currently held position. The default is 50 but you can limit the number of entry orders by typing a new number. You can also put a limit to the position size by entering a number in maximum number shares contracts per position. There are 2 different behaviors when enabling pyramiding; first, the strategy will generate orders regardless of the entry that generated it, even if it's triggered by the same entry signal. The other option will generate orders only if it is triggered by a different entry signal. In our example, since we are only dealing with one entry signal which is our key reversal up, we will select regardless of the entry that generated the order. Click ok and then close. Now, notice how every time a key reversal up occurs, I get a new entry signal that increases my position size by 100 shares each. In this particular strategy trade we increased our profits. Just be advised that the same way that pyramiding can increase your potential profits it can also increase your potential losses.