Condition regarding spread

[DanMcWilliams]

Hi,

Is there a condition where you can make sure the current back and lay price are within 1 tick of each other?

I'm trying a greyhound scalping bot and often the spread is to big. I only want it to fire when it's within 1 tick.

Any help will be greatly appreciated

[Dallas]

The Relative odds condition will do this for you, there is two ready made bots in the shared files section that include this feature of automation
viewtopic.php?f=43&t=11522
viewtopic.php?f=43&t=11669

[DanMcWilliams]

So would this be correct?

Selections back price
Is less than
The lay price
In position 1
Minus 1 tick

[shakespeare]

So would this be correct?

Selections back price
Is less than
The lay price
In position 1
Minus 1 tick

No, incorrect! This would allow very wide spreads and rule out the tight ones!

You want to say "the selection's back price is EQUAL to the lay price (of the same selection) minus one tick."

If you wanted to be more generous and allow a spread of either 1 or 2 ticks then you would say "the selection's back price is GREATER than the lay price (of the same selection) minus three ticks."

[DanMcWilliams]

That makes sense. No wonder I was losing so much. Good job it was practice mode. Thanks for your help.

[DanMcWilliams]

Quick question regarding stop loss.

I am testing a greyhound bot which I have running from 3 mins to 20 secs before the start. I want to make sure I don't lose any more than £2. So I have greened all selections with the condition 'close trade profit condition with greening is greater than -2. But doesn't seem to be triggering. Any help ?

[jimibt]

Quick question regarding stop loss.

I am testing a greyhound bot which I have running from 3 mins to 20 secs before the start. I want to make sure I don't lose any more than £2. So I have greened all selections with the condition 'close trade profit condition with greening is greater than -2. But doesn't seem to be triggering. Any help ?

Dan,

You need to turn the condition the other way around and say 'close my trades, IF the profit is less than £2'. this equates to:

'close trade profit condition with greening is LESS than -2'

[DanMcWilliams]

Thanks Jim.

All seems a bit back to front to me, I'll just have to study harder.

Is there a way to say the weight of money is less than 'X'% for more than 'X' seconds?

Thanks for any help.

[DanMcWilliams]

Does anyone know whether my above question is possible?

[Dallas]

Does anyone know whether my above question is possible?

Yes it can be done using signals, there is a example file in the shared files library which looks for a poisition being in a loss for over 10 secs
viewtopic.php?f=43&t=11954

You could quickly modify that file to look for WOM rather than a loss in a specfic time frame