Release Version: 1.0.3.0
Live Now on Algomojo
In the fast-paced world of algorithmic trading, flexibility and control are everything. At Algomojo, weโre constantly evolving to empower traders with smarter tools that align with their trading style and risk appetite.
With that vision, weโre excited to announce a powerful new feature now LIVE:
๐ฏ Re-entry & Max Re-entry Limit for Strategies
๐ Whatโs New?
Youโll now see two new options under the Create Strategy section:
1. Re-entry (Dropdown)
Decide whether your strategy should automatically re-enter after a successful execution of a target (TGT), stop-loss (SL), or trailing stop-loss (TSL) signal.
YES
โ Enable re-entryNO
โ Stop after the first execution
2. Max. No. of Re-entries (Dropdown)
Control how many times the strategy should be allowed to re-enter.
- Choose a fixed number:
1
to20
- Or select
No Max Limit
for unlimited re-entries
โ๏ธ How It Works
Re-entry Option | Max. Re-entries | Behavior |
---|---|---|
NO | (N/A) | Strategy will stop after the first signal (TGT/SL/TSL) execution. |
YES | No Max Limit | Strategy will re-enter unlimited times after every signal execution. |
YES | 2 (example) | Strategy will re-enter up to 2 times, then automatically switch off. |
This gives you total control over how aggressive or conservative your strategy should behave after its execution.
โ Why This Matters
๐ Automated re-entries are common in breakout, trend-following, and scalping strategies โ but uncontrolled loops can also increase risk.
With this feature, you can now:
- ๐ Limit exposure by setting a re-entry cap
- ๐ Let strong strategies loop indefinitely
- ๐ Avoid manual monitoring of strategy status
Whether youโre a discretionary trader or a fully systematic one, this makes your execution smarter, safer, and more adaptable.
๐ธ Coming Soon: UI Demo & Video Walkthrough
Weโll soon publish a video guide to walk you through configuring this feature on your strategy dashboard. Stay tuned!
๐ข Ready to Try It?
Login to Algomojo โ Go to Create Strategy โ Try the new Re-entry settings today!
If you have any questions or would like a walkthrough, our team is here to help.
Happy Trading!
โ Team Algomojo