Side

Side (strategy)

Category

Description

Defines the side (long vs. short) on which a strategy will take positions

Choices

Long - all entries are long buys

Short - all entries are short sales

Both - entries can be either long or short (default)

Notes

In most cases, it is best to use side-specific strategies when modeling a multi-strategy trading system.

Both-way strategies are mainly useful for special needs such as hedging a long/short strategy pair using an index.

When Side is not specified, the sign of the value of Quantity is used to determine the side of each entry.