Posts Tagged charting
An easy way to maintain discipline
Posted by Peter Webb in Bet Angel on May 20th, 2010
There are no end of horror stories out there of people that fail to exit a position before the off and then they let that trade turn into a gamble. If you struggle with this or simply want to automate some aspects of your trading you may want to use a spreadsheet in conjunction with Bet Angel to help you achieve this.
Using Bet Angel you can link to a spreadsheet and automate a variety of elements of your trading without having to worry about additional data charges. Bet Angel will even flick through each market for you automatically. You can use all the functions of Bet Angel and the spreadsheet at the same time. In this example we put some trades in via Bet Angel’s main interface and the spreadsheet closes all our positions at the off. Just one of many ways you can use the built in spreadsheet integration. I recently covered in this post how to create your own charts or indicators using the ready made spreadsheet we supply with Bet Angel, you may want to look at that as well.
Charting how you want it
Posted by Peter Webb in Bet Angel on April 14th, 2010
I recently put this video up of how to connect to the Bet Angel charting spreadsheet that is supplied with Bet Angel. We put this spreadsheet in the product as a demonstration of not only the spreadsheet capabilities in Bet Angel, but also to give you some additional tools to play around with. I often use this spreadsheet to play with a variety of charts and technical indicators. Some are really interesting but others that prove useful in traditional financial markets, just clearly don’t cut the mustard in sports markets. Using this spreadsheet there is nothing stopping you from re-creating any one of the hundreds of technical indicators that are out there. If you google for spreadsheets there are a lot available which won’t take much modification to plug into Bet Angel.
You can run the spreadsheet in parallel with Bet Angel and it won’t incur any additional API calls or charges as it shares its feed directly from Bet Angel. You can use it to signal, trigger bets or display information that will help you trade. If you have never used it before, give it a try as it can be really useful and interesting to experiment with.
Some interesting charts
Posted by Peter Webb in Bet Angel on November 5th, 2009
In these very dull UK markets excitement is hard to come by, but here are some interesting charts for you.
First a weird one from Fairyhouse yesterday. It’s fairly obvious that the Irish racing is quite likely to be more volatile than the UK racing, this race in particular was always going to see the odds move around a fair bit. But I didn’t expect to see what happened here.
This next chart was certainly more readable. Tons of money appeared when Northern Bolt hit it’s low price and forced the price to drift. When the drift hit it’s high price, nobody wanted to lay anymore and it came right back in again. Where Fairyhouse was a rollercoaster ride, Catterick was a gentle punt down the river, stopping off for a pint along the way. Two interesting graphs anyhow.
Don’t just feel the market, see it
Posted by Peter Webb in Bet Angel on May 3rd, 2009
When you are looking to trade a market it helps to have as much information in front of you as possible. When I first started trading I got a good feel for the market, but I didn’t think that was enough, I wanted to see it. So when we first designed Bet Angel we put charting in straight away as this immediately gave us a better view of the market. It also was a boon for swing traders and they evolved to be be the heaviest users of charts.
As time wore on people asked us to add in more technical indicators and different types of charts, so with that in mind we created the advanced charting tool last year. You can fire up this tool and run it independently of Bet Angel on another screen if you wish. If you add the market you are interested in to Guardian, it will collect data all day long and you can even view the chart of something in the next market before you have even switched to it!
If you haven’t explored this feature here is a video to explain how to set it up and use it. A high resolution video is also available here.