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  • #1 by redarme on 24 May 2012
  • hi all

    what would you say the price would have moved from/to:
    i just want to get an idea of what greater than -.60 actually means


    say 3.00 to 2.40

    or 2.40 to 3.00

    thanks



    Checking condition: and  Selection's Back Price Dif over 0.05 min. is equal or greater than -0.60
    Condition is true. valid for 1 selections: Swan Song.
  • #2 by MarkV on 24 May 2012
  • Hi
    I think that condition is true for both your examples. It should return false if the price falls below 2.40 from 3.00, otherwise true
  • #3 by mcbee on 24 May 2012
  • hi
    your 3 to 2.40 would be correct.
    because from 3.00 odds the tick difference is .02.
    so from 3.00 to 2.40 is -30 alterations times .02(ticks)= -.60
    so, if you want to go greater than -.60, you would be betting on anything above 2.40.
    BUT, if you wanted to go below 2.40.
    it would be less than -.60.


    mcbee
  • #4 by redarme on 25 May 2012
  • thanks fellas


    i was expecting/wanting the condition i added to mean:

    "If the last traded price has fallen by more than 0.60 over 0.05 mins then return true"

    i.e - if the price has fallen from 3.00 to 2.40 or 5.20 to 4.60 or 2.10 to 1.50 etc in the past 0.05 mins then return true.

    what would i need to change to reflect that ?

    thanks again..

  • #5 by MarkV on 25 May 2012
  • Hi
    Selection's Back Price Dif over 0.05 min. is less than -0.60
    this is for back price and not LTP
  • #6 by redarme on 25 May 2012
  • Cheers.


    A condition of: Last traded price dif over 0.05 mins is less than -0.60 is what would be perfect it seems.


    I feel that the movement of the last traded price would be an accurate reflection of whats going on in the market rather than the movement of the available prices

    Would you know what the manual work around would be to reflect the movement of the last traded price ?

    thanks
  • #7 by MarkV on 25 May 2012
  • Hi
    I think it could be done using user variables, but it might be a bit cumbersome given the short timeframe for the calculation.
    The logic would be:
    record last_traded to uservar1
    3 seconds later record last_traded to uservar2
    subtract one from the other and you will have your last_traded Dif over 0.05 mins

    It might also be able to be calculated in an expression, but I’ve not had the time to try it.
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