Author Topic: Trigger 'action' capabilities help wanted  (Read 3736 times)

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Trigger 'action' capabilities help wanted
« on: 06 Feb 2014, 20:49 »
Hi,
I am wondering what the 'action' options are capable of.
Can they be used as a series of formula driven filters ?
For example let's say we want to back within a range of odds
within the one trigger.
eg:   
if back price is between 1.01 and 1.50 place a bet of 10.00
if back price is between 1.51 and 2.00 place a bet of  8.00
if back price is between 2.01 and 2.50 place a bet of  6.00
if back price is between 2.51 and 3.00 place a bet of  4.00
etc etc.
If this is possible can you please give an example.
otherwise how else could I do this ?
Many thanks
R
My grandma taught me not to run downstairs and never back odds on.

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Re: Trigger 'action' capabilities help wanted
« Reply #1 on: 07 Feb 2014, 06:49 »
hi
in the amount box you type
IF(AND(back_price>=1.01,back_price<=1.50),10,IF(AND(back_price>=1.51,back_price<=2.00),8,IF(AND(back_price>=2.01,back_price<=2.50),6,IF(AND(back_price>=2.51,back_price<=3.00),4,2))))


mcbee
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Re: Trigger 'action' capabilities help wanted
« Reply #2 on: 07 Feb 2014, 09:52 »
Thanks mcbee,
If I want no bets above odds of 25 can I simply add to the end of that formula
If(back_price>25,0)
or must I add in condition block ?
Thanks
R
My grandma taught me not to run downstairs and never back odds on.

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Re: Trigger 'action' capabilities help wanted
« Reply #3 on: 07 Feb 2014, 10:33 »
hi
you could add that , but it would be better to have a condition so the trigger only placed bets up to 25.


mcbee
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Re: Trigger 'action' capabilities help wanted
« Reply #4 on: 07 Feb 2014, 17:20 »
Thanks again mcbee,
It's no wonder I make a million a month with the help of you guys :)
R
My grandma taught me not to run downstairs and never back odds on.

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Re: Trigger 'action' capabilities help wanted
« Reply #5 on: 10 Feb 2014, 17:21 »
Hi,
How would I go about placing bets as above
but not in one formula.
Suppose I was to do the following:
* Bet 1  Back 10.00 @ 1.80 (current back odds- say 1.80 for this example)
* Bet 2  Back 15.00 @ 1.80 + 10 ticks
* Bet 3  Back 20.00 @ 1.80 + 20 ticks
* Bet 4 Back  25.00 @ 1.80 + 30 ticks
* Bet 5 Back  30.00 @ 1.80 + 40 ticks
and distrubute loss at say 1.80 + 80 ticks
Thanks for any help you can provide
R
My grandma taught me not to run downstairs and never back odds on.

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Re: Trigger 'action' capabilities help wanted
« Reply #6 on: 10 Feb 2014, 19:32 »
Hi,
How would I go about placing bets as above
but not in one formula.
Suppose I was to do the following:
* Bet 1  Back 10.00 @ 1.80 (current back odds- say 1.80 for this example)
* Bet 2  Back 15.00 @ 1.80 + 10 ticks
* Bet 3  Back 20.00 @ 1.80 + 20 ticks
* Bet 4 Back  25.00 @ 1.80 + 30 ticks
* Bet 5 Back  30.00 @ 1.80 + 40 ticks
and distrubute loss at say 1.80 + 80 ticks
Thanks for any help you can provide
R
Hi
Here is a trigger you can look at, but don't see how this can work because you are betting bigger and bigger amounts as the price continues to move against you. Also the 80 tick stop loss is not going to save much of your stake. Please note a distribute loss at those high prices will require substantial test funds to cover the liability.

The trigger backs as you specified.
You were not too clear on the stoploss, so I have included 2 options.
There are 2x stoploss triggers. Only one should be enabled.
The first stoploss is relative to the first matched back bet i.e. the price this bet was matched at.
The second stoploss is relative to all matched backed bets, and waits until all back bets are matched.

Please use this only in test mode.
Please read the following disclaimer with regards to the information you may request and obtain on our forum. This specifically concerns trigger files and various instructions as to how to implement a strategy.

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Re: Trigger 'action' capabilities help wanted
« Reply #7 on: 10 Feb 2014, 20:41 »
Hi Mark,

Thanks again,
The latter stop loss was the one I preferred when I put in the request.
However both are worthy of investigation.
The theory behind it is, that during a cricket or tennis match the odds can and often do swing both sides of the even money line. The crux is, starting price favourites are mostly accurate so often a match will go against the favourite especially in the first set. So logic tells me to bet more when the odds are higher. If however the favourite has an easy first set win and wins the match I win anyway :)
The question remains whether the wins at various bet amounts will offset distributed loss amounts.
I would like other members to contribute their thoughts on this one and any other topics and try to develop some lively discussions, as I feel there is very little depth on the forum presently and the moderators have nothing to moderate over, however they do an excellent job at answering our endless requests.
Let me know if I am out of line with my thinking.
Thank you all
R
 
My grandma taught me not to run downstairs and never back odds on.

 

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