Basic Rules

In this lesson, you’ll explore some of the basic rule types available in the horse racing software. These rules form the foundation of your trading strategies, helping you define key criteria and conditions.

Key Features:

• 🔧 Basic Structure: Each rule is represented as a row in the Rule Builder. You can click the icon on the left for more information about a rule, and use the options on the right to configure it to your needs.
• 📅 Drop-down Rules: Many rules are simple drop-down menus where you can select attributes like specific months or classes. For example, you might choose to avoid trading in March due to the impact of certain events or, conversely, focus on high-liquidity races.
• 📆 Date Range Rule: Use this rule to select a specific start and end date. This is useful for backtesting your strategy during specific historical events, like a particular racing festival.
• ⏰ Time Range Rule: If you can only trade at certain times of the day, this rule will restrict your strategy to those hours, providing profit figures as if you only traded during that time.
• 🔍 Race Name Rule: A simple text field that allows you to filter trades based on specific phrases in race names, like “maiden” or “handicap.” However, this may be less commonly used due to more specific classification rules available.
• 🔢 Number Range Rules: These rules allow you to set minimum and maximum values using a range slider or input fields. You can also set an exact number by entering the same value in both the minimum and maximum fields.
• 🔘 Switches and Checkboxes: Basic toggle rules that are straightforward and easy to use for applying simple conditions to your strategy.

This lesson covers the essential rule types you’ll use frequently when building your strategies. Once you’re comfortable with these, the next lesson will delve into more advanced rules that allow for even greater customization and control over your trading strategies.