Hi folks,
Just in the process of trying to automate something I want to try in practice and I can't seem to get the second half working.
What I'm trying to do is to place a back bet at a certain time before a race begins. I've got the automation for this bit sorted. All works as it should.
What I want to do next is take the race inplay as soon as it starts. I would like to automate a stoploss (so lay) above my back bet for a percentage I'm comfortable losing but also have a lay bet for a percentage below the original back bet to green up at a certain point. If either one gets taken (regardless of which one), cashout and the other cancels itself.
Could anyone please point me in the right direction of how to do this? I think I'm nearly there but just can't seem to get it to work! Even if it doesn't work, I'd appreciate beign able to know how to use some of these settings so thank you in advance.
A little help please
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mickypaul72
- Posts: 116
- Joined: Tue May 15, 2018 1:52 pm
This is a file that contains a lay, green and stop loss rule. Hope it helps.
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When you place your back bet you want to capture stored values at the same time in that rule.
You will have to decide what price you want to capture (Back or lay) In your case the back price.
One stored value for your green price and one for your stop loss price
Adjust the stored values by using percent.
Check these in the log by ticking the box at the bottom of the stored value page.
When you have your Green and stop loss price as stored values you then need a green and stop loss rule.
In the green and loss rules you would use the condition (stored value condition) to test whether or not the market is above or below your stored values and green accordingly.
You probably won’t need to cancel the other rule but if you want to add a signal to stop it you can.
Example, In your green rule add a signal called (Stop Loss) for the selection = 1.
In your Stop loss rule, you add the (condition) (Signal set condition) for (Stop Loss) is (NOT SET)
So when the green rule kicks in it will send a signal (Stop Loss) with a value stopping the Stop Loss
Rule.
Then repeat the proses with the Stop Loss rule just changing the signal name.
Remember though it could go straight through your stop loss never to be seen again.
You will have to decide what price you want to capture (Back or lay) In your case the back price.
One stored value for your green price and one for your stop loss price
Adjust the stored values by using percent.
Check these in the log by ticking the box at the bottom of the stored value page.
When you have your Green and stop loss price as stored values you then need a green and stop loss rule.
In the green and loss rules you would use the condition (stored value condition) to test whether or not the market is above or below your stored values and green accordingly.
You probably won’t need to cancel the other rule but if you want to add a signal to stop it you can.
Example, In your green rule add a signal called (Stop Loss) for the selection = 1.
In your Stop loss rule, you add the (condition) (Signal set condition) for (Stop Loss) is (NOT SET)
So when the green rule kicks in it will send a signal (Stop Loss) with a value stopping the Stop Loss
Rule.
Then repeat the proses with the Stop Loss rule just changing the signal name.
Remember though it could go straight through your stop loss never to be seen again.
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robthemonk12
- Posts: 2
- Joined: Wed May 16, 2018 9:44 pm
Thanks so much for the quick response folks. I'll be playing around in practice mode for sure!