Place back bet and if not matched within 2 seconds cancel and retry until matched

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jbl7
Posts: 9
Joined: Sun Oct 16, 2016 9:47 pm

Hi

Could you please recommend the best way to automatically place a back bet at the current price and if it is not matched within 2 seconds cancel and retry until it gets matched at the current price. Once the bet has been matched this rule shouldn't trigger again.

Thanks for your help.
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jimibt
Posts: 4194
Joined: Mon Nov 30, 2015 6:42 pm

jbl7 wrote:
Wed Jul 05, 2017 10:42 am
Hi

Could you please recommend the best way to automatically place a back bet at the current price and if it is not matched within 2 seconds cancel and retry until it gets matched at the current price. Once the bet has been matched this rule shouldn't trigger again.

Thanks for your help.
jb -what you're referring to here is the fill or kill function. below is a screenshot of how to set this up

fill-kill.JPG
You should also add a condition that allows the bet only to be triggered if there's no unmatched/matching selection on the market (both conditions are the same), as shown below

matched.JPG
You would then arm your rule to fire every 3-4 seconds for possibly 10-15 tries (or whatever suits your use case).

If it were me, I'd probably try to hit ABOVE the current market price as this may give you a better position from which to exit after x ticks (if this is your aim)
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jbl7
Posts: 9
Joined: Sun Oct 16, 2016 9:47 pm

Thanks very much jimibt that's very helpful.
jbl7
Posts: 9
Joined: Sun Oct 16, 2016 9:47 pm

If I wanted to green/red up this selection later at a set time would it be best to use the 'Close trade on selection with greening' option? If I wanted to keep trying to close the trade until matched would I use the trigger setting to allow to trigger for a high amount? or is there a better way.

Thanks again for your help
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