Okay, what have I done wrong this time? Help please!

[Henry1963]

I tried to change a rule so I would try and get 3 ticks over the current market price when it went into the market (12 minutes before off). However, it is simply taking the price offered when entering the market, could someone tell me (in simply, dummy terms) what I have done wrong and what I should do to rectify it, thanks.

3ticks.baf

[Dallas]

If backing you should be placing at 'Custom ticks above best reverse market price'

[Henry1963]

I thought I had posted a reply, saying I realised what I hadn't done, why should it be 3 ticks above reverse market price, rather then simply 3 ticks above best market price?

[Dallas]

I thought I had posted a reply, saying I realised what I hadn't done, why should it be 3 ticks above reverse market price, rather then simply 3 ticks above best market price?

You could use either depending on what you're trying to achieve
Using reverse price would count the ticks from the lay price
Using best price would count the ticks from the back price