Author Topic: Market support on a selection  (Read 18789 times)

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Market support on a selection
« on: 22 Jan 2024, 12:23 »
Hi,

How can I use MF to find the market support for a selection? For example in horse racing before the off, a selections price is going in one direction for the last 1 minute whilst constantly being backed or layed with most of the market money. I don't want to just compare now figures to figures 1 minute ago (someone could have just backed £20,000 in the last 1 second). I would like to know that out of the last minute this selection has always (mostly) had the most amount of money matched every 5 seconds and the price is on a trajectory up or down (give or take a few ticks).

Thanks!
Yeah! :p

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Re: Market support on a selection
« Reply #1 on: 22 Jan 2024, 18:47 »
Hi
Try something like this in test mode:

selections trigger expression voldif_1 is the maximum
and selections back price dif over 1 min is less than 0   <---------- back this 
or
selections trigger expression voldif_1 is the maximum
and selections back price dif over 1 min is greater than 0   <---------- lay this

the voldif_ and price dif conditions are updated on each refresh so it will take into account all money matched during the last minute

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