I really hope someone could explain to me why 'offset bet with greening and trailing stop' doesn't actually green up? Or if it's meant to, why isn't it greening up for me?
I was under the impression that, as there is 'greening' in the script, that it should green up once one of the offsets has been met.
I am set up with offset ticks at 10, stop trigger ticks at 5 (and place ticks at 6), and fill or kill at 900 secs. In this scenario, if the stop trigger kicks in for the loss, why does it not 'green up' across the board?
I am at my wits end trying to figure this one out. Surely the whole point is for the stop loss to kick in and the system green up automatically? It appears as though the stop loss kicks in, but it doesn't green up and the liability on the (in this case horse racing) horse keeps going up or down. It's waiting for me to go green up the race. But why?
I hope I have made myself clear with this little query; I'm not very good at explaining things, lol.
Offset bet with greening and trailing stop ... but does it??
My problem was similar, so here's the explanation from support :
First the videos of my problem :
1) Manual betting, stop loss hit, greening works
https://www.youtube.com/watch?v=pnyQbLO4kkI
2) Auto betting, lay bet hit, greening works
https://www.youtube.com/watch?v=ZQrdSGBnPz0
3) Auto betting, stop loss hit, NO greening
https://www.youtube.com/watch?v=zvMajgFM5nI
And here's the explanation :
"OK those videos have helped highlight what you are seeing. With offset betting with greening and stop, the stake is set to green-up evenly if the trade is successful (i.e. it's stake is set based on the price of the offset rather than the stop)..... the unmatched bet can't be left in the market with two different stakes and betfair don't support a one-cancels-other order, so this is the nearest we can get to the ideal solution. If the stake had been set based on the price of the stop loss then it wouldn't properly green-up when the offset is successfully filled.
In the case of the manual stop loss used with the right-mouse click on the ladder, this works based on the current net stake and doesn't have an unmatched bet on offer to the market, so although it has the advantage of redding-up exactly when it is triggered, it requires the manual exit of a successful trade.
An alternative approach is to place all trades without greening so the same stake is used to enter and exit the trade regardless of the price and then green all selections just before the market is expected to turn inplay (perhaps five seconds before the official race start time)."
Hope this helps you a bit
First the videos of my problem :
1) Manual betting, stop loss hit, greening works
https://www.youtube.com/watch?v=pnyQbLO4kkI
2) Auto betting, lay bet hit, greening works
https://www.youtube.com/watch?v=ZQrdSGBnPz0
3) Auto betting, stop loss hit, NO greening
https://www.youtube.com/watch?v=zvMajgFM5nI
And here's the explanation :
"OK those videos have helped highlight what you are seeing. With offset betting with greening and stop, the stake is set to green-up evenly if the trade is successful (i.e. it's stake is set based on the price of the offset rather than the stop)..... the unmatched bet can't be left in the market with two different stakes and betfair don't support a one-cancels-other order, so this is the nearest we can get to the ideal solution. If the stake had been set based on the price of the stop loss then it wouldn't properly green-up when the offset is successfully filled.
In the case of the manual stop loss used with the right-mouse click on the ladder, this works based on the current net stake and doesn't have an unmatched bet on offer to the market, so although it has the advantage of redding-up exactly when it is triggered, it requires the manual exit of a successful trade.
An alternative approach is to place all trades without greening so the same stake is used to enter and exit the trade regardless of the price and then green all selections just before the market is expected to turn inplay (perhaps five seconds before the official race start time)."
Hope this helps you a bit