New simple Automation advice....

[Lost007]

Been trading now for 25 years and FINALLY decided that after 35 gubbed accounts, it's time to change strategy.

My first post on here so some advice if I may.

I have written a very simple Horse Racing Automation that lays a selection for £5 and greens up in play if £1 is reached for example.

What I want to know is - is it possible to :-

LAY for £5

Then have some kind of trailing stop if it goes out massively and then comes back rather than just £1 profit as sometimes the drift outwards is quick and I could have greened for a much higher price rather than £1.

I dont want a trailing stop on the initial £5 as my research on Horses show me that they may well shorten significantly in the early part of the race and I am happy to take the hit if they straighline to the winning post.

Thanks very much in advance to any advice.

S

[ANGELS15]

There's a shared automation file that Dallas posted a little while back. If you use the search feature on the posts hopfelly you'll find it or someone else more tech savvy can post a link.

This file does something similar to what you're trying to do: basically it places an offset bet at the start of the race for a liability you set. If the selection shortens by a certain no of ticks which again you can adjust it then creates a 'no lose situation' where if the selection goes on to win you don't lose just break even, if the selection loses you have a profit on the other runners. worth checking out.

[ANGELS15]

Ps there's a section on the forum with shared files including the one I mentioned you can download them for your own use.