# 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**