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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_LONG Opens a new long position.
ENTRY_SHORT Opens a new short position.
EXIT_LONG Closes an existing long position.
EXIT_SHORT Closes an existing short position.
ADD_LONG Increases the size of an existing long position.
ADD_SHORT Increases the size of an existing short position.
REDUCE_LONG Decreases the size of an existing long position without closing it.
REDUCE_SHORT Decreases the size of an existing short position without closing it.
FLATTEN Closes all open positions regardless of direction.
STOP_LOSS_LONG Exits a long position due to a stop-loss trigger.
STOP_LOSS_SHORT Exits a short position due to a stop-loss trigger.
TAKE_PROFIT_LONG Exits a long position due to a take-profit trigger.
TAKE_PROFIT_SHORT Exits a short position due to a take-profit trigger.
PARTIAL_TAKE_PROFIT_LONG Reduces a long position to lock in partial profits.
PARTIAL_TAKE_PROFIT_SHORT Reduces a short position to lock in partial profits.
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_LONG`                | Opens a new long position.                                           |
    | `ENTRY_SHORT`               | Opens a new short position.                                          |
    | `EXIT_LONG`                 | Closes an existing long position.                                    |
    | `EXIT_SHORT`                | Closes an existing short position.                                   |
    | `ADD_LONG`                  | Increases the size of an existing long position.                     |
    | `ADD_SHORT`                 | Increases the size of an existing short position.                    |
    | `REDUCE_LONG`               | Decreases the size of an existing long position without closing it.  |
    | `REDUCE_SHORT`              | Decreases the size of an existing short position without closing it. |
    | `FLATTEN`                   | Closes all open positions regardless of direction.                   |
    | `STOP_LOSS_LONG`            | Exits a long position due to a stop-loss trigger.                    |
    | `STOP_LOSS_SHORT`           | Exits a short position due to a stop-loss trigger.                   |
    | `TAKE_PROFIT_LONG`          | Exits a long position due to a take-profit trigger.                  |
    | `TAKE_PROFIT_SHORT`         | Exits a short position due to a take-profit trigger.                 |
    | `PARTIAL_TAKE_PROFIT_LONG`  | Reduces a long position to lock in partial profits.                  |
    | `PARTIAL_TAKE_PROFIT_SHORT` | Reduces a short position to lock in partial profits.                 |
    """

    ENTRY_LONG = enum.auto()
    ENTRY_SHORT = enum.auto()

    EXIT_LONG = enum.auto()
    EXIT_SHORT = enum.auto()

    ADD_LONG = enum.auto()
    ADD_SHORT = enum.auto()

    REDUCE_LONG = enum.auto()
    REDUCE_SHORT = enum.auto()

    FLATTEN = enum.auto()

    STOP_LOSS_LONG = enum.auto()
    STOP_LOSS_SHORT = enum.auto()

    TAKE_PROFIT_LONG = enum.auto()
    TAKE_PROFIT_SHORT = enum.auto()

    PARTIAL_TAKE_PROFIT_LONG = enum.auto()
    PARTIAL_TAKE_PROFIT_SHORT = enum.auto()