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Action Types

ActionType

Bases: Enum

Enumeration of trading action types.

ActionType specifies the intent or purpose of an order from the strategy's perspective, describing what the order is meant to accomplish in terms of position management.

Value Semantics
ENTRY Opens a new position (direction-agnostic).
ENTRY_LONG Opens a new long position.
ENTRY_SHORT Opens a new short position.
EXIT Closes an existing position (direction-agnostic).
EXIT_LONG Closes an existing long position.
EXIT_SHORT Closes an existing short position.
ADD Increases the size of an existing position.
REDUCE Decreases the size of an existing position without fully closing it.
REVERSE Closes the current position and opens a new one in the opposite direction.
Source code in src/onesecondtrader/models/action_types.py 
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class ActionType(enum.Enum):
    """
    Enumeration of trading action types.

    `ActionType` specifies the intent or purpose of an order from the strategy's perspective,
    describing what the order is meant to accomplish in terms of position management.

    | Value         | Semantics                                                                  |
    |---------------|----------------------------------------------------------------------------|
    | `ENTRY`       | Opens a new position (direction-agnostic).                                 |
    | `ENTRY_LONG`  | Opens a new long position.                                                 |
    | `ENTRY_SHORT` | Opens a new short position.                                                |
    | `EXIT`        | Closes an existing position (direction-agnostic).                          |
    | `EXIT_LONG`   | Closes an existing long position.                                          |
    | `EXIT_SHORT`  | Closes an existing short position.                                         |
    | `ADD`         | Increases the size of an existing position.                                |
    | `REDUCE`      | Decreases the size of an existing position without fully closing it.       |
    | `REVERSE`     | Closes the current position and opens a new one in the opposite direction. |
    """

    ENTRY = enum.auto()
    ENTRY_LONG = enum.auto()
    ENTRY_SHORT = enum.auto()
    EXIT = enum.auto()
    EXIT_LONG = enum.auto()
    EXIT_SHORT = enum.auto()
    ADD = enum.auto()
    REDUCE = enum.auto()
    REVERSE = enum.auto()