Author Topic: Distribute equal profit / loss for back bets  (Read 3795 times)

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Distribute equal profit / loss for back bets
« on: 04 Apr 2011, 09:41 »
Hi,

I have a green up trigger which would green up my bets once hit 1% profit and another trigger which would distribute the loss equally once after hit certain price.

Now I am looking for another trigger which can distribute the profits or loss equally as the price could change quite fast.

Anyone can help?


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Re: Distribute equal profit / loss for back bets
« Reply #1 on: 05 Apr 2011, 04:07 »
Trigger amount field:-                             
(bm_backp*(back_matched-((bm_laya+lay_matched)/2)))/lay_price


Easier way is to delete your green up & distribute loss triggers & use the below formula in a trigger.
It will green up (if your back matched price is higher than lay price) or distribute loss evenly (if back matched price is lower than lay price). You can use the trigger conditions for your target profit/loss.

(bm_backp*back_matched)/lay_price


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Re: Distribute equal profit / loss for back bets
« Reply #2 on: 06 Apr 2011, 16:32 »
Hi,

Thanks for the reply.

Can you advise me further?

When I create the new trigger, what should I choose inside the following?

Action : ?
Execute: ?
Price : (bm_backp*back_matched)/lay_price ?

Any Conditions?

Would this trigger able to cancel the unmatched bets and place again based on the new price?