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  • #1 by leejones2012 on 18 Jul 2012
  • Hi all,

    This looks like a great community having just joined, and if anybody can help I would really grateful.  I have tried to work out the triggers and it's a bit beyond me to be honest, but I will keep going with the help files.

    In the mean time, I wonder if the following trigger can be devised?

    I want to back and lay horses based on price trend...

    1) so that if the price trend comes in from 7.00 to 6.00 within 5 seconds I want to back it, and then lay it off when it hits 5.00.  I want a stop placed that if the lay hits 6.40 then I also want to lay off.

    2) I then want to set the reverse, so that if a horse goes out from 4.00 to 5.00 within 5 seconds, I want a lay bet placed.  If it then hits 6.00 I want to back it again or set a stop for odds of 4.80.

    I want to do this as many times as possible on both conditions in every GB horse race win market in play.  I want to try this with £2 stakes to start with.

    If it is not possible to do set both conditions in the same race, I am happy to just go with the second lay option.

    Thanks in advance.  Also please feel free to tell me if this is stupid!   :D
  • #2 by nigelbleddfa1 on 18 Jul 2012
  • I can't help you to write the triggers as I am still struggling to write my own  :'(

    I am able to tell you, however, that I am experienced in in-running markets. An awful lot can happen in five seconds - Frankel would have covered over 103 yards in that period running at his fastest .

    Have you considered the possibility of removing timing from your triggers ?  You would be looking at a horse that was once 7, had become 6 and you hope for 5 to lay. These things would happen in an undefined interval of time.

    I hope I've explained myself properly.  As your strategy is now it is difficult to include timing but, more important, a horse that was 7 can easily go to 1.01 or 1000 in a time frame of a long period like 5 seconds.
  • #3 by MarkV on 18 Jul 2012
  • Hi
    The mechanism of your trigger can certainly be achieved. You can find some example triggers which you can modify to your specific requirement here
    http://marketfeeder.co.uk/solutions/green-up-hedge/
    might also be worth looking at some of the other example categories.
    As Nigel mentions above, in-running prices can move very quickly, and in addition, liquidity is much lower, with large gaps in the prices. I think your main obstacle here will be false or inaccurate triggering of your stoploss. On this, I suggest offering greenup / distribute loss prices, rather than waiting for them.     
  • #4 by mcbee on 18 Jul 2012
  • hi
    this is a simple version for you to play around with and learn.
    the .80=5 secs ie 5*.016
    amount 2= your 2 euro bet
    r_ticks(lay_price,-1) = only bet if the odds are within 1 tick, this gets better value, but you can alter it to
    and is equal or greater than r_ticks(lay_price,-1)     (change the -1 to -3) for 3 tick difference
    because you wanted the green or loss stop.
    i have used the trailing loss stop option with 3 ticks, again you need to play abount with this setting to suit your betting, ie before start or inplay


    mcbee
  • #5 by leejones2012 on 19 Jul 2012
  • Hi guys,

    Thanks so much for replying and also for your advice and help.   It's a nice introduction to the tool and forum to see people are willing to share and help.

    I will play around with this tomorrow when I get some free time and let you know how I get on.  I will also play with the timing thing as makes complete sense
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