Semi automation for scratch trade?

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Amorino
Posts: 3
Joined: Wed Nov 30, 2016 5:08 pm

Hi everyone.

I'm reasonably new to trading. I'm learning lots everyday and I'm really trying to master betfair trading.

I was wondering if it's possible to set something up where I can enter a trade manually (back or lay) but If the liquidity suddenly goes agaist me by "x" amount the software could scratch the trade automatically before the price moves in the opposite direction?

I did do a search to see if I could find another post but I couldn't so I thought I'd ask.

Your advice is really appreciated.

Thanks :D
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Dallas
Posts: 23510
Joined: Sun Aug 09, 2015 10:57 pm

Yes, you could create a safety servant to do this

If you're using the new beta version then you can use a stored value condition to test the amount of money waiting at the best price, so you could say if this exceeds £1000 then scratch
viewtopic.php?f=46&t=18643

You could also then add in a backup rule that if the price does move against you (without an increase in waiting money at the best price) then it will exit your position at the best possible price
Amorino
Posts: 3
Joined: Wed Nov 30, 2016 5:08 pm

Thanks Dallas

Is that fairly easy to do?

I'll take a look
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