code: function (value, strategy, e) {
        var pre = this.getTextFromHeadToCaret();
        // use ownerDocument instead of window to support iframes
        var sel = this.el.ownerDocument.getSelection();
        
        var range = sel.getRangeAt(0);
        var selection = range.cloneRange();
        selection.selectNodeContents(range.startContainer);
        var content = selection.toString();
        var post = content.substring(range.startOffset);
        var newSubstr = strategy.replace(value, e);
        var regExp;
        if (typeof newSubstr !== 'undefined') {
          if ($.isArray(newSubstr)) {
            post = newSubstr[1] + post;
            newSubstr = newSubstr[0];
          }
          regExp = $.isFunction(strategy.match) ? strategy.match(pre) : strategy.match;
          pre = pre.replace(regExp, newSubstr)
              .replace(/ $/, "&nbsp"); // &nbsp necessary at least for CKeditor to not eat spaces
          range.selectNodeContents(range.startContainer);
          range.deleteContents();
          
          // create temporary elements
          var preWrapper = this.el.ownerDocument.createElement("div");
          preWrapper.innerHTML = pre;
          var postWrapper = this.el.ownerDocument.createElement("div");
          postWrapper.innerHTML = post;
          
          // create the fragment thats inserted
          var fragment = this.el.ownerDocument.createDocumentFragment();
          var childNode;
          var lastOfPre;
          while (childNode = preWrapper.firstChild) {
          	lastOfPre = fragment.appendChild(childNode);
          }
          while (childNode = postWrapper.firstChild) {
          	fragment.appendChild(childNode);
          }
          
          // insert the fragment & jump behind the last node in "pre"
          range.insertNode(fragment);
          range.setStartAfter(lastOfPre);
          
          range.collapse(true);
          sel.removeAllRanges();
          sel.addRange(range);
        }
      }
docs: Update the content with the given value and strategy. When an dropdown item is selected, it is executed.