Scratch a trade in Automation

Relax and chat about anything not covered elsewhere.
Post Reply
Max W
Posts: 40
Joined: Fri Mar 04, 2016 11:38 am
Contact:

This has probably been covered previously, however, can somebody tell me the best settings to scratch a trade in automation that goes against you so the profit is negative.
Thanks Max.
User avatar
Dallas
Posts: 23547
Joined: Sun Aug 09, 2015 10:57 pm

Scratching a trade means to exit at the same odds you entered so have no profit or loss, is this what you mean or is it that if it starts to go against you you want out at a small loss before it gets worse?
Max W
Posts: 40
Joined: Fri Mar 04, 2016 11:38 am
Contact:

Thanks Dallas,
Scratching would be ideal, I saw the greening condition but if its not matched will it continue to try?
Regards, Max.
User avatar
Dallas
Posts: 23547
Joined: Sun Aug 09, 2015 10:57 pm

Yes you can instruct a 'Green up' rule to trigger any number of times and it will try to green up at the best current odds at the moment its triggered, if using in-running ensure you dont re-arm quicker than 2-3 seconds so allow for the in-play delay.
Alternativly you can set a value to it so it only greens up if a loss exceeds £X.
There are some automation files you can download from the shared files library which will do this.
viewtopic.php?f=43&t=11407
viewtopic.php?f=43&t=11954
Post Reply

Return to “Chill Out Area”