Hey peeps
Just one automation question;
I just cannot get my head around this.
Under parameters.
I want set the stop trigger to 4 ticks.
what does place at (ticks) mean?
So if I am laying a price at 8.00 the stop trigger would green up a loss at 7.2
what is place at (ticks)
Scott
one simple automation question
The trigger is when its actived and the place is where its actually put,
Using your example of 8.0
Trigger 4 ticks
Place 7 ticks
At 7.4 the stop is triggered and placed at 6.6 (7 ticks below)
In running because the prices bounce up and down quickly its best to have the stop place a few ticks behind the trigger to increase the chance of it stopping you out.
In-running especially in the closing stages when its very volitle there is never any guarantee that the stop will close the trade for you
Using your example of 8.0
Trigger 4 ticks
Place 7 ticks
At 7.4 the stop is triggered and placed at 6.6 (7 ticks below)
In running because the prices bounce up and down quickly its best to have the stop place a few ticks behind the trigger to increase the chance of it stopping you out.
In-running especially in the closing stages when its very volitle there is never any guarantee that the stop will close the trade for you
Is it possible to have the stop loss on without it needing to be triggered?
so back at say at 8. Offset 4 ticks so will green at 8.8
stop loss 4 ticks will stop at 7.2
But will automatically place the stop loss after my back bet is matched? rather then a trigger.
I am backing 1 second after the event has started.
I have attached my file
so back at say at 8. Offset 4 ticks so will green at 8.8
stop loss 4 ticks will stop at 7.2
But will automatically place the stop loss after my back bet is matched? rather then a trigger.
I am backing 1 second after the event has started.
I have attached my file
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No it cant be done, as soon as your lay is placed the offset back bet can be placed at 8.8 as its above the current price, as the stop loss for this trade also involves placing a back bet if it was to arm/fire now at 7.2 because betfair always gives you the best possible price it does not know its a stop bet so as soon as it hits the market it ll just match immedietly at the currently 8.0 price.
So the only way a stop can work either manual or automated (manual place stops by right clicking on your mouse) is for it to be triggered as the price is reached - pre race its placed instantly but ir-running all bets have a 2sec delay which is why it can be sometimes missed and only taken if the prices comes back up to the odds your loss is currently waiting at.
So the only way a stop can work either manual or automated (manual place stops by right clicking on your mouse) is for it to be triggered as the price is reached - pre race its placed instantly but ir-running all bets have a 2sec delay which is why it can be sometimes missed and only taken if the prices comes back up to the odds your loss is currently waiting at.