Trade Timing Rules
Tradeworks has to know when you wish to enter the market once a Signal Rule has fired.
You can either send a request to trade to your broker immediately (Instant Market Order) or following a pre-set criteria tailored by you (Custom Rule). This is defined in your Entry Signal rule:
If you select to send an instant market order directly in the Entry Signal then you do not have to set-up a separate Trade Timing rule.
On the other hand, if you decide to create a Custom Trade Timing rule to specify the exact time you want to enter the market, then you will be directed to a new page to set this up. Just click the blue "Continue..." button on the Entry Signal page.
When you are done with the Trade Timing rule you will automatically be taken back to save the Entry Signal rule.
This is how a new strategy looks WITHOUT a custom Trade Timing rule:
This is how a strategy looks WITH a custom Trade Timing rule: