Horse Selection Rules Overview

In this lesson, you’ll begin working with the “Rule Builder,” a crucial tool in the horse racing software. The Rule Builder allows you to define the specific criteria and conditions that guide your trading strategies.

Key Features:

• 💡 Overview: The Rule Builder is where you create your fundamental trading rules, defining exactly what you want to trade. Whether you’re focusing on specific courses, classes, or more complex conditions like price movements, this tool gives you the flexibility to set precise rules for your strategies.
• 📤 Import/Export: You can import and export rule settings, which is particularly useful if you’re collaborating with other members and want to share strategies efficiently.
• 🔄 Resetting Rules: If you need to start over, you can easily clear all your rules with the reset button, allowing you to rebuild from scratch.
• 📊 Backtesting: The rules you create are used to backtest your strategy against historical data. The software simulates your trading decisions based on these rules, showing you what would have happened had you followed this strategy in the past.

Working with Rules:

• 📝 Adding and Configuring Rules: Select from a wide range of rules, which you can quickly find by typing in the search box. Add and configure these rules to build your strategy.
• 🧩 Grouping Rules: You can create groups to apply different match types to your rules. For example:
  • All: All conditions in the group must be true.
  • Any: At least one condition must be true.
  • None: None of the conditions should be true.

🧱 Building Complex Strategies:

• 🧩 Nested Groups: You can create nested groups to combine different match types, allowing for complex strategy logic. Each group is color-coded and indented for easy organization, and you can name your groups to keep everything clear.
• 🔍 Example: If you want to trade races at Aintree with a class of 4, but only on weekends or during specific times on weekdays, you can set up rules and groups to reflect this, ensuring that your strategy is tailored to your availability and preferences.

🔚 Recap: The Rule Builder is your go-to tool for setting up detailed, specific rules for your trading strategies. By using groups and match types, you can create sophisticated strategies that align with your trading goals.

This overview wraps up the basics of using the Rule Builder. In the next lessons, you’ll dive deeper into simple and advanced rule types, helping you unlock the full potential of this powerful tool.