Max New Entries Per Cycle

Setting key
max_new_entries_per_cycle
Default
3

What it does

Limits how many new positions the bot can open in a single 3-minute scanner cycle. Prevents the bot from deploying all available capital at once during a strong entry signal session. News-triggered entries count toward this limit too, so a news flurry cannot bypass it.

When to change it

Lower to 1 if you want to observe individual entries before the bot adds more. Raise above 3 only on large accounts where deploying 3 positions per cycle is slow relative to opportunity.

Safe range

1 (one at a time) to 5 (aggressive deployment). Above 5 rarely adds value.

Example

Scanner fires at 10:03 AM with 8 qualifying candidates ranked by score. With max_new_entries_per_cycle=3, only the top 3 are entered. At 10:06 AM the next cycle may enter 3 more if still qualifying.

Financial Information Disclaimer

This site provides general information about ACondor, a software tool for automating options trading strategies. Nothing on this site is investment, tax, or financial advice. Options trading involves substantial risk of loss. Past behavior of any strategy does not guarantee future results. Consult a licensed financial professional before trading options. ACondor may earn a commission from affiliate links at no extra cost to you.