Current back price compared to second highest back price

[Win]

I have a guardian rule that places a lay bet when a horses back price exceeds x, and my rule seems to work in GB and US races but it loses money in Australian races which have lower liquidity.
I was thinking I could make the rule a bit tighter by checking both the current back price and second highest back price for the same horse but can't work out how to do this in Guardian. Is it possible?

[jamesedwards]

I have a guardian rule that places a lay bet when a horses back price exceeds x, and my rule seems to work in GB and US races but it loses money in Australian races which have lower liquidity.
I was thinking I could make the rule a bit tighter by checking both the current back price and second highest back price for the same horse but can't work out how to do this in Guardian. Is it possible?

For this I would use a condition based on Back and Lay Book Percentage. A perfect book would be 100%, so if you use say <102% back and >98% lay then you can be sure the market is well formed.

[ShaunWhite]

For this I would use a condition based on Back and Lay Book Percentage. A perfect book would be 100%, so if you use say <102% back and >98% lay then you can be sure the market is well formed.

.... and it can also sometimes be worth checking that the amounts available are significant, I trade a lot of weak markets and the weakest of their entrants too, between you and me ( ) people often close the spread with small change to cause bots to assume the market is fully formed.

[Bobajob]

I have a guardian rule that places a lay bet when a horses back price exceeds x, and my rule seems to work in GB and US races but it loses money in Australian races which have lower liquidity.
I was thinking I could make the rule a bit tighter by checking both the current back price and second highest back price for the same horse but can't work out how to do this in Guardian. Is it possible?

For this I would use a condition based on Back and Lay Book Percentage. A perfect book would be 100%, so if you use say <102% back and >98% lay then you can be sure the market is well formed.

[Bobajob]

For this I would use a condition based on Back and Lay Book Percentage. A perfect book would be 100%, so if you use say <102% back and >98% lay then you can be sure the market is well formed.

.... and it can also sometimes be worth checking that the amounts available are significant, I trade a lot of weak markets and the weakest of their entrants too, between you and me ( ) people often close the spread with small change to cause bots to assume the market is fully formed.

And how do you do that

[ShaunWhite]

And how do you do that

I've seen that Dallas has done some stuff that uses money available and I searched the user guide for money available and got this... I can't tell you exactly how you'd do it as I don't use Guardian.
https://www.betangel.com/user-guide/sto ... 3D&mw=MzIw

Screenshot_20231105_190201_Samsung Internet.jpg

[ShaunWhite]

And how do you do that

I think how people respond to that internal question is what seperates successful traders from the rest. If "how do you do that? excites you and you can't sleep for thinking about it, then wake up thinking about it, then you'll do OK, if not then you'll struggle.

[Bobajob]

And how do you do that

I've seen that Dallas has done some stuff that uses money available and I searched the user guide for money available and got this... I can't tell you exactly how you'd do it as I don't use Guardian.
https://www.betangel.com/user-guide/sto ... 3D&mw=MzIw
Screenshot_20231105_190201_Samsung Internet.jpg

Thanks for searching for that.
There must be lots of bots out there that get up to all sorts of 'trickeries' just to confuse the situation

[Bobajob]

And how do you do that

I think how people respond to that internal question is what seperates successful traders from the rest. If "how do you do that? excites you and you can't sleep for thinking about it, then wake up thinking about it, then you'll do OK, if not then you'll struggle.

Food for thought

[Dallas]

Here one of the examples Shaun mentioned to you that will test the money waiting at the best three prices
viewtopic.php?f=58&t=18645

To look at the money waiting outside the best three prices you'll need to set the SV's up a little differently, there is a template here to get you started which looks at the 4th, 5th and 6th best prices
viewtopic.php?f=56&t=26012

[Bobajob]

Here one of the examples Shaun mentioned to you that will test the money waiting at the best three prices
viewtopic.php?f=58&t=18645

To look at the money waiting outside the best three prices you'll need to set the SV's up a little differently, there is a template here to get you started which looks at the 4th, 5th and 6th best prices
viewtopic.php?f=56&t=26012

My strategy (in-play) is to place bets with 'fill/kill' 0.5s and if they either get 'matched' or they don't.
In this case ( in-play and even pre-race ) testing money waiting at best three prices doesn't seem to be relevant.
Money can be there and gone in milli secs - 'spoof' bots or being 'back' of the queue. Please correct me if I'm wrong

[Win]

And how do you do that

I've seen that Dallas has done some stuff that uses money available and I searched the user guide for money available and got this... I can't tell you exactly how you'd do it as I don't use Guardian.
https://www.betangel.com/user-guide/sto ... 3D&mw=MzIw
Screenshot_20231105_190201_Samsung Internet.jpg

Thanks for the various replies to my question.
I made some changes to my rules based on the above and whilst Guardian is placing a lot less lay bets I am no longer losing money on the Australian markets.
Now I just need to monitor over the next few weeks in case the last few days have just been lucky.