

A strategy can have multiple sets and a set can have 1 entry condition, multiple repair conditions and 1 exit condition. On top of these, there are Universal Repair and Universal Exit conditions which apply to the strategy if there are more than 1 set and not just to a particular set.
So lets say you have a strategy which has a set of 4 pair trades .. you will have each pair in one set with its own entry repair and exit logic but if you wish to exit all open positions when a certain amount of profit or loss hits or if a event is on the horizon, you would want to put that in the universal exit condition.
All in all, a strategy can have unlimited conditions and positions linked to those conditions.
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