Strategy Rule
Long Only Rule
This means the Buy signal will be treated as the Entry signal and the Sell signal will be treated as the Exit signal.
Option Buying
Buy Signal → CE – LONG (Entry)
Sell Signal → CE – EXIT
Option Selling
Buy Signal → PE – SHORT (Entry)
Sell Signal → PE – EXIT
Option Hedge Buying
Buy Signal → PE – LONG (Entry)
Sell Signal → PE – EXIT
Option Hedge Selling
Buy Signal → CE – SHORT (Entry)
Sell Signal → CE – EXIT
Short Only Rule
This means the Sell signal will be treated as the Entry signal and the Buy signal will be treated as the Exit signal.
Option Buying
Sell Signal → PE – LONG (Entry) Buy Signal → PE – EXIT
Option Selling
Sell Signal → CE – SHORT (Entry) Buy Signal → CE – EXIT
Option Hedge Buying
Sell Signal → CE – LONG (Entry) Buy Signal → CE – EXIT
Option Hedge Selling
Sell Signal → PE – SHORT (Entry) Buy Signal → PE – EXIT
Long + Short (Buy + Sell) Rule
This rule allows the strategy to take both Long and Short trades. If your strategy provides separate signals for Long Entry/Exit and Short Entry/Exit, then you should select this rule.
Option Buying
Buy Signal
CE → LONG (Entry)
Sell Signal
CE → EXIT
Sell Signal
PE → LONG (Entry)
Buy Signal
PE → EXIT
Option Selling
Buy Signal
PE → SHORT (Entry)
Sell Signal
PE → EXIT
Sell Signal
CE → SHORT (Entry)
Buy Signal
CE → EXIT
Option Hedge Buying
Buy Signal
PE → LONG (Entry)
Sell Signal
PE → EXIT
Sell Signal
CE → LONG (Entry)
Buy Signal
CE → EXIT
Option Hedge Selling
Buy Signal
CE → SHORT (Entry)
Sell Signal
CE → EXIT
Sell Signal
PE → SHORT (Entry)
Buy Signal
PE → EXIT
Long + Short (Buy + Sell & Short + Cover) Rule
You should use this rule only when your Strategy or Indicator provides four different signals action:
BUY
SELL
SHORT
COVER
This rule will separately manage Long trades and Short trades based on these signals.
Option Buying
Buy Signal → CE LONG (Entry) Sell Signal → CE EXIT
Short Signal → PE LONG (Entry) Cover Signal → PE EXIT
Option Selling
Buy Signal → PE SHORT (Entry) Sell Signal → PE EXIT
Short Signal → CE SHORT (Entry) Cover Signal → CE EXIT
Option Hedge Buying
Buy Signal → PE LONG (Entry) Sell Signal → PE EXIT
Short Signal → CE LONG (Entry) Cover Signal → CE EXIT
Option Hedge Selling
Buy Signal → CE SHORT (Entry) Sell Signal → CE EXIT
Short Signal → PE SHORT (Entry) Cover Signal → PE EXIT
Stop + Reversal (Buy + Sell & Short + Cover) Rule
In this rule, the system will always maintain one open position at a time.
When a Buy signal comes, it will enter a Long position.
When a Sell signal comes, it will close the previous Long position and immediately enter a Short position.
Similarly, when the opposite signal appears, it will close the current position and reverse the trade.
This is called a Stop and Reversal strategy, where the position continuously switches between Long and Short.
Option Buying
Buy Signal → CE LONG (Entry) & PE EXIT
Sell Signal → PE LONG (Entry) & CE EXIT
Option Selling
Buy Signal → PE SHORT (Entry) & CE EXIT
Sell Signal → CE SHORT (Entry) & PE EXIT
Option Hedge Buying
Buy Signal → PE LONG (Entry) & CE EXIT
Sell Signal → CE LONG (Entry) & PE EXIT
Option Hedge Selling
Buy Signal → CE SHORT (Entry) & PE EXIT
Sell Signal → PE SHORT (Entry) & CE EXIT
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