Determining whether a volume spike a back or a lay bet

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James
Posts: 30
Joined: Fri Sep 21, 2012 12:57 pm

Hi,

How can I work out whether s Big Bet is s back or a lay for an automated strategy? Sometimes it’s obvious because the price will change but other times when there is decent liquidity the price won’t move.

I assume there’s a way of doing this because the candlestick charts differentiate.

Any guidance would be appreciated.

Cheers
James
Posts: 30
Joined: Fri Sep 21, 2012 12:57 pm

Hi, is this possible with Bet Angel? If not, that’s ok I’d just like to know.

Thanks
Diacritical Quark
Posts: 175
Joined: Tue Jan 28, 2020 10:55 pm

Have you had a look at this bot Dallas made, you may be able to adjust some conditions?

viewtopic.php?t=15297
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