Help setting up scalping bots

[ija34]

Hey all,

So I'm just wondering if anyone knows how to set up a scalping bot for Football - Match Odds and Horse Racing - Win markets. I've come across a few set-ups online and tested them on all markets but the strike rate is way too low (less than 50%) so selecting the right markets would be too difficult. Ideally I need it to...

• Scalp only on a selection if the price has been bouncing back and forth a few ticks

• Back first and then lay on higher odds (choose only steamers at higher odds)

• Lay first if the odds are lower and it's drifting

• Be able to scalp multiple times on a selection if the criteria is still being met

Also are Football odds good enough for scalping or should I just leave this strategy to horse racing and if any one could gives tips on how to select the right events for this strategy?. I need it to be automated as I don't have time to sit at my PC scalping all day. Cheers.

[Derek27]

Hey all,

So I'm just wondering if anyone knows how to set up a scalping bot for Football - Match Odds and Horse Racing - Win markets. I've come across a few set-ups online and tested them on all markets but the strike rate is way too low (less than 50%) so selecting the right markets would be too difficult. Ideally I need it to...

• Scalp only on a selection if the price has been bouncing back and forth a few ticks

• Back first and then lay on higher odds (choose only steamers at higher odds)

• Lay first if the odds are lower and it's drifting

• Be able to scalp multiple times on a selection if the criteria is still being met

Also are Football odds good enough for scalping or should I just leave this strategy to horse racing and if any one could gives tips on how to select the right events for this strategy?. I need it to be automated as I don't have time to sit at my PC scalping all day. Cheers.

I hate to say this, but if you don't have hours of time to sit at your PC it's not going to be easy developing automation. Nobody produces a moneyspinner in ten minutes.

You have two options. You can download one of Dallas's examples that does something similar and modify it to suit your needs or you can create a rules file from scratch. Either way I'd suggest you put down on paper exactly what you want the bot to do.

Which selection do you wish to scalp? Precisely what conditions do you enter (overround, money available, etc.)? What is the high/low prices that result in backing or laying first? How many ticks should the price bounce to trigger a trade? Once you've set out your criteria you should find Bet Angel has all the conditions and system SVs to create a rule to fire an opening bet, with another to detect an open trade and close.

[ija34]

I hate to say this, but if you don't have hours of time to sit at your PC it's not going to be easy developing automation. Nobody produces a moneyspinner in ten minutes.

You have two options. You can download one of Dallas's examples that does something similar and modify it to suit your needs or you can create a rules file from scratch. Either way I'd suggest you put down on paper exactly what you want the bot to do.

Which selection do you wish to scalp? Precisely what conditions do you enter (overround, money available, etc.)? What is the high/low prices that result in backing or laying first? How many ticks should the price bounce to trigger a trade? Once you've set out your criteria you should find Bet Angel has all the conditions and system SVs to create a rule to fire an opening bet, with another to detect an open trade and close.

I have the time to set up automation. I just don't have the time to scalp manually as I work full-time. I have 2 systems running at the moment which are making a small profit but not hitting my targets so I need more systems running. I have plans for them, it's just the scalping automation that I'm struggling with. Scalping is more difficult because it works best if you have the time to sit and read the price movement graphs which I don't have time for so I would need a system that could record price movements and predict which way it may "possibly" go and then scalp a trade from it.

[Derek27]

I hate to say this, but if you don't have hours of time to sit at your PC it's not going to be easy developing automation. Nobody produces a moneyspinner in ten minutes.

You have two options. You can download one of Dallas's examples that does something similar and modify it to suit your needs or you can create a rules file from scratch. Either way I'd suggest you put down on paper exactly what you want the bot to do.

Which selection do you wish to scalp? Precisely what conditions do you enter (overround, money available, etc.)? What is the high/low prices that result in backing or laying first? How many ticks should the price bounce to trigger a trade? Once you've set out your criteria you should find Bet Angel has all the conditions and system SVs to create a rule to fire an opening bet, with another to detect an open trade and close.

I have the time to set up automation. I just don't have the time to scalp manually as I work full-time. I have 2 systems running at the moment which are making a small profit but not hitting my targets so I need more systems running. I have plans for them, it's just the scalping automation that I'm struggling with. Scalping is more difficult because it works best if you have the time to sit and read the price movement graphs which I don't have time for so I would need a system that could record price movements and predict which way it may "possibly" go and then scalp a trade from it.

Scalping the draw or OU markets might be a bit easier as the price decays one way. My automation will offer at best reverse price or one or two ticks higher depending on the liquidity. Similar with closing, plus I check for money available to lay suddenly being pulled in the event of a likely goal and quickly cancel any back bets on the unders.

One approach is to create a simple bot that places bets at the best reverse price (or best price if you want a higher turnover) and closes 1-3 ticks away. Then you can see how it runs, tinker with it and keep modifying until profitable.

[ija34]

Scalping the draw or OU markets might be a bit easier as the price decays one way. My automation will offer at best reverse price or one or two ticks higher depending on the liquidity. Similar with closing, plus I check for money available to lay suddenly being pulled in the event of a likely goal and quickly cancel any back bets on the unders.

One approach is to create a simple bot that places bets at the best reverse price (or best price if you want a higher turnover) and closes 1-3 ticks away. Then you can see how it runs, tinker with it and keep modifying until profitable.

True, I scalp 0-0 with one of my systems which gives me a 2 tick profit in the first few minutes but you run the risk of a goal being scored and losing your full stake. The scalping ones I'm looking for are for pre-event. I'm thinking it's probably not best to have automation for scalping pre-event. Think I may set-up my other systems instead and then just scalp when I have the time to sit down and get a few scalps in.