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eas-guide:entry-rules

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eas-guide:entry-rules [2018/01/30 15:01] – yavoreas-guide:entry-rules [2018/01/31 07:23] – yavor
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 ====== Entry Rules ====== ====== Entry Rules ======
  
 +For each Entry Rule in **EA Studio** you can choose an **indicator** to use, indicator logic and indicator **parameters**. EA Studio will use these settings to draw the indicator line and evaluate if it should open a position and in what direction.  
  
-**EA Studio** uses technical indicators to determine when to open a position. Every indicator in the application has logical rules. These rules can be evaluated to either true or false. +Each of the Entry Rules is evaluated in each bar. The evaluation of each Entry Rule when backtesting results in the "answer" or "vote" of that entry rule if the strategy should open a position in a certain direction. For example the evaluation of an Entry Rule might result in a "vote" that is "short: false; long: true;". This means according to this rule the strategy should enter a long position.
  
-For example: if you use a Momentum indicator with a logical rule "Momentum rises" that means that when the Momentum value becomes higher than the previous one the indicator will allow entering a long position.+An practical example of such entry rule is if you use a Momentum indicator with a logical rule "Momentum rises" that means that when the Momentum value becomes higher than the previous one the indicator will allow entering a long position.
  
-In EA Studio all **Entry Rules** have to be met before a strategy can open a position. This means that if in the above example there is another indicator that does not "agree" to open a long position EA Studio will not open a position.+However we wanted EA Studio to open a position only when **all** Entry Rules' requirements are met. So this means if we have two Entry Rules in the strategy and one "votes" for opening a long position and at the same time another "votes" to open a short one EA Studio will not act and will not open a position. 
  
 You have to set only the rules for the long positions. EA Studio will set the rules to enter a short position automatically. It will do so by mirroring the long rules. You can see the short entry rules by clicking the **Short entry** tab above the Entry Rule list. You have to set only the rules for the long positions. EA Studio will set the rules to enter a short position automatically. It will do so by mirroring the long rules. You can see the short entry rules by clicking the **Short entry** tab above the Entry Rule list.
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