fixed liability

Hi, is it possible to lay to a fixed liability based on the current back price + 3 ticks?

hi
lay trigger
price  r_ticks(back_price,3)
amount  your fixed liability amount /(lay_price-1)

mcbee

Thanks mcbee, the odds I am laying (in play) are quite high and often the difference between the back and lay prices are vast, will this not lay a fixed liability at the current lay price (which could be 20 ticks above the back) and not the price my trigger is going to lay at? (which is 3 ticks above the back)

Mark

hi
yes it would use the current lay price, so
amount  your fixed liability amount /((r_ticks(back_price,3))-1)

mcbee

Thankyou!