No, TestStand does not create stand alone executables. If you want to deploy the sequence you created, the best way is to go to Tools | Deploy TestStand System... The deployment utility will also take care of all the support VIs for your LabVIEW steps. If this is the first sequence file being installed on the target machine, you will also need to include the TestStand Engine. There is a check box for that on the Installer Options tab. The cheapest way to deploy is with a deployment licence from NI. See chapter 14, Deploying TestStand Systems, of the TestStand Reference
Manual.
---- I am the founder of CnCSoftwareSolutions. When not cleaning up baby drool, I write about test data or work on Vision, a tool for understanding your test data. Visit me at www.cncsoftwaresolutions.com