recovery question Backing at 50% below Lay Price automation

[whimsies]

If I place a lay trade at 10 and expect to drift but comes in instead and LTP = 5, I want to place a back bet at 1.01 to stop my loses. but am struggling to figure out how to do this any help will be appreciated


cheers

Mark

[Dallas]

You'd need to use stored values to store the price you placed your bet at minus 50%, then on your back bet rule create it to place at 1.01 and use a stored value condition to test the price is less than the stored value.

There is an example along these lines here which you can copy the stored value parts from
viewtopic.php?f=52&t=17936

[whimsies]

Thanks dallas