Entry Rules
Summary
The Entry Rules are the Rules dedicated to specify how to enter the Markets.
These Rules allow the user to define the Order type, the Stoploss, the Takeprofit, the Lot calculation method, the expiration delay (for pending orders) and eventually an Exit Rule.
The Price Execution (for pending orders), the Stoploss and the Takeprofit can be calculated with a Value Rule. This provides the possibility to have dynamic locations of these properties depending on the Market state.
Empty Entry Rule :
Order Type
The Order Type defines which kind of orders you want to use to enter the Market :
- Instant Buy Order
- Instant Sell Order
- Pending Buy stop Order
- Pending Sell stop Order
- Pending Buy limit Order
- Pending Sell limit Order
By double-clicking on the Order Type of the Entry Rule, you can choose it :
Stoploss
Takeprofit
Lot size
Execution Price
Expiration delay
Exit Rule