Offset with Greening

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Archangel
Posts: 2008
Joined: Thu Jun 27, 2013 3:03 pm

I am trying to have multiple offsets to close out my position in drips

For example:
I have a bot that lays the fav when the price gets under 1.50 for £10. I want to offset that with five £2 batches every 5 ticks in order to green up gradually if the price on the fav drifts higher. Just not sure how to do that ?
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Derek27
Posts: 25159
Joined: Wed Aug 30, 2017 11:44 am

Archangel wrote:
Fri Nov 11, 2022 2:36 pm
I am trying to have multiple offsets to close out my position in drips

For example:
I have a bot that lays the fav when the price gets under 1.50 for £10. I want to offset that with five £2 batches every 5 ticks in order to green up gradually if the price on the fav drifts higher. Just not sure how to do that ?
You could place 5 individual £2 bets, each with its own offset. Or you could place the £10 lay and calculate the backs individually: £3 / 1.55, £3 / 1.6, etc.
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Dallas
Posts: 23597
Joined: Sun Aug 09, 2015 10:57 pm

Archangel wrote:
Fri Nov 11, 2022 2:36 pm
I am trying to have multiple offsets to close out my position in drips

For example:
I have a bot that lays the fav when the price gets under 1.50 for £10. I want to offset that with five £2 batches every 5 ticks in order to green up gradually if the price on the fav drifts higher. Just not sure how to do that ?
It needs to be done using a Servant, there is a ready-made one here
viewtopic.php?f=58&t=15195
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