HELP NEEDED - ADVICE ON BEST CONDITIONS TO ADD TO FIND A STEAMER

Hi Guys,

I am interested in your thoughts on what you think is the best trigger conditions to lock on to a steamer for horse racing in the last 2 mins before the OFF.

I am using:

back dif over 2 mins is less than 0

back price leap is less than 1

selections trig express tdif_0.017 is less than 1

Can the above be tweaked a little bit better to ensure the steamer is coming in

Is there a condition that looks at the selections back matched volume?
How would i write this as a condition? to find the steamer?

I know about WOM and the like but have read this is manipulated and gives false results.

What do you use to find a real steamer? I have looked all over to find more info on this subject and have come up blank.

Any help would be apprieciated.

Cheers Bonecrusher

hi
the only way is to use the price/odds change.
this trigger records the price/odds
set the min percent of price movement 15
set the minutes before the off to record the first price 3
set your bet amount 2
set the seconds before the off to place the bet
play about with the constants to get your happy settings.

mcbee

download trigger below

Thanks mcbee

You have given me a great tool to do some research with, thanks again for your great help.

Hi mcbee,
first, you are the valuable member of this forum. Thanks.
I am testing similar triggers. What do you think about using changes of the traded price instead of changes of the back price? I think it is sometimes closer to the reality (unfortunately, the choise of respektive trigger variables is not so wide). Another thing is that price changes tend to be much bigger for higher prices than for lower prices so the use of the book change instead of the percentage change might be better.

Cheers and good luck,
mkas

hi
i reality the lay price would be the best indicator, because the lay price is the actual back price offer's waiting to be matched.

mcbee

Yes. This sounds reasonable when trading is well running.

Quote from: mcbee on 03 May 2013, 10:58

hi
i reality the lay price would be the best indicator, because the lay price is the actual back price offer's waiting to be matched.

mcbee

Hi,

I like the ideas!!!!

Is there a way of adding the lay price in as an indicator in the trigger you supplied me?

I ran it today as it is on test and it does work fairly well when tweaked but only with the rest of my trigger overall, by its self it is too random, but thats a betfair market random chaos. Market manipulation is still a big problem for spotting real positive moves.

Any thoughts guys???

Hi bonecrusher,
simply substitute 'back_price' for 'lay_price' in formulas. In my opinion, search for steamers and drifters is the first step to gain more experiences and would lead to potentially profitable strategies based on TRENDS.

mkas

Hi mkas,

Thanks yes that will work, i am still trying to understand the formula language better. Is there a kind of dictionary for formula meanings???

I have been involved with horse racing for more than 30 years on all sides of the industry. I know full well there are only very few individuals on the planet that make a living from punting for profit. I have some interesting approaches to the market some that work and some that could be better. Sharing ideas here on the forum can only help us all to even a small profit weekly, this would be a triumph.

Best Regards

Bonecrusher

Hi,
you have no choice but to flip through the manual for the syntax. Formulas combine trigger and user defined variables using common arithmetic operators and several excel functions. You will see it is quite easy. You are right, a continuous small profit, that's the point. The basis is to back at higher prices and to lay at lower prices in comparison with the actual (statistical) probability - which is, I assume, nothing new to you ...

Good luck,
mkas

HELP NEEDED - ADVICE ON BEST CONDITIONS TO ADD TO FIND A STEAMER

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