FAQ #126

What is a counter?

A counter reflects the number of times a strategy has run after exiting. 

So the first time a strategy enters and exits, the counter will be 1. The strategy can be reactivated manually or automatically based on the settings. You can change this in the "Reactivate on exit" setting. If its set to "Never", a exited strategy will not be reactivated. If its set to 2 minutes, the strategy will be reactivated 2 minutes after it exits and if the entry condition is satisfied it will take a new set of trades.  The next time it enters, it will be with counter 2 and so on.