Superalgos/docs/_includes/trading_system/take-position-event.md

{% assign title = "Take Position Event" %} {% assign definition = site.data.trading_system.take_position_event %} {% assign preposition = "the" %} {% assign plural = "s" %}

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The trigger-on event merely selects a strategy to be considered for trading under the current market situation. The actual decision to enter a position may require more specific conditions to be met. For that reason, the take position event is a separate entity from the trigger-on event.

Therefore, the take position event is defined with its own set of situations and conditions.

Once the take position event is triggered, the decision to take a position has been made and there is nothing else to consider in that regard. Therefore, the system shifts from the trigger stage to the open stage.

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To add a take position event node, select Add Missing Events on the trigger stage node menu. All events that may be missing are created along with the rest of the basic structure of nodes required to define each of them.

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