Bet Angel Automation - Shared files : Scalping the favorite

Share your automation file with other users.
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andrejt
Posts: 153
Joined: Tue Sep 02, 2014 2:59 pm
Location: Slovenia

Wed Feb 25, 2015 12:57 pm

sonaht wrote: practice mode on all UK and IR races.
only on two of them the price did drift a bit above 18 ticks and so it triggered the trailing stop.
it closed the trade with the correct amount on all over the ladder.
Because the rule has "Green All Selections" rule in it that worked flawlessly :)
sonaht wrote: also it would be wise to give some though regarding the requested difference between the 1st and the 2nd runner so as to have a safe choice of auto scalping...
Don't know what you mean here exactly - could you please explain a little bit more.

Thanks a lot for sharing all the info!

sonaht
Posts: 24
Joined: Tue Dec 16, 2014 7:37 am

Wed Feb 25, 2015 2:56 pm

also it would be wise to give some though regarding the requested difference between the 1st and the 2nd runner so as to have a safe choice of auto scalping...
If the 1st and the 2nd runner have close odds there will be heavy competition in addition to the intention of moving the price around the crossover point.
This has the effect of drifting the price away from our placed bets...trigger the stops and ... red up eventually.

That is why i have placed the condition for the space in between prices of the 2 favourite runners.

Hope this helps.

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andrejt
Posts: 153
Joined: Tue Sep 02, 2014 2:59 pm
Location: Slovenia

Wed Feb 25, 2015 3:25 pm

sonaht wrote:If the 1st and the 2nd runner have close odds there will be heavy competition in addition to the intention of moving the price around the crossover point.
This has the effect of drifting the price away from our placed bets...trigger the stops and ... red up eventually.

That is why i have placed the condition for the space in between prices of the 2 favourite runners.

Hope this helps.
Yup, I get it now :ugeek:
Last edited by andrejt on Wed Feb 25, 2015 8:51 pm, edited 1 time in total.

leesnose
Posts: 24
Joined: Wed Aug 28, 2013 10:06 am

Wed Feb 25, 2015 7:50 pm

I am a bit of a tactical newbie here but I have been toying with a similar but less ambitious strategy.

I tend to lay first directly on the crossover point & make sure I am gone before the real money arrives (I am a very small player).

The bit that might be useful to you is that there was a really good blog entry on here that mentioned how some types of races can be less stable for trading. As a result I avoid national hunt, maidens, novices, beginners etc. That did seem to make a difference to the level of consistency I was looking at & leave the strategy green at the end of every month.

sonaht
Posts: 24
Joined: Tue Dec 16, 2014 7:37 am

Thu Feb 26, 2015 8:54 pm

Regarding the stability you are right.
The p.m. races are not stable enough...

And on these races the price tends to move away from our desires.... 8-)
For sure, manual scalping or swing trading is far more efficient to practice even in small bet amounts.

But, on the other side, by applying the rule on all of these markets and while being on PRACTICE mode you have a very nice chance to observe the movement and the momentum of the market.

So from my point of view
- i study the market so as to make better trades
- i keep my minds intelligence on alert while puzzling to make a fun horse automation. Maybe someday this rule will be able to scalp safely by it self (AI style)...

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andrejt
Posts: 153
Joined: Tue Sep 02, 2014 2:59 pm
Location: Slovenia

Thu Mar 05, 2015 1:33 pm

leesnose wrote:I am a bit of a tactical newbie here but I have been toying with a similar but less ambitious strategy.

I tend to lay first directly on the crossover point & make sure I am gone before the real money arrives (I am a very small player).

The bit that might be useful to you is that there was a really good blog entry on here that mentioned how some types of races can be less stable for trading. As a result I avoid national hunt, maidens, novices, beginners etc. That did seem to make a difference to the level of consistency I was looking at & leave the strategy green at the end of every month.
Do you have automation set up for this or do you do trade the markets manually?

leesnose
Posts: 24
Joined: Wed Aug 28, 2013 10:06 am

Thu Mar 05, 2015 7:25 pm

I have been running it with excel but it is about time that I knocked up a BAF file.

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andrejt
Posts: 153
Joined: Tue Sep 02, 2014 2:59 pm
Location: Slovenia

Fri Mar 06, 2015 9:04 pm

leesnose wrote:I have been running it with excel but it is about time that I knocked up a BAF file.
Any chance for sharing the rule so we can test it? :oops:

leesnose
Posts: 24
Joined: Wed Aug 28, 2013 10:06 am

Mon Mar 16, 2015 11:03 am

My excel template is a bit fiddly but I will upload the baf version when I have finished it. It'd be interesting to get some more eyes on it.

AngusMack78
Posts: 15
Joined: Fri Jun 27, 2014 10:26 am

Mon May 04, 2015 3:13 am

Hi,

I had a bash of this rule - version 2 a couple of days ago, and while it greened (or redded in a couple of cases) very well in most races. There where a couple of races where it didn't green out. Presumably because none of the greening criteria were meet. There is a risk with this rule, that one house will face a big loss (with big gains) for all the others). This is ok ifit is on a losing horse but I suspect they were winners (I have not had the opportunity to check results). In any event, given the small sample size (one days racing) The risk of a big loss (150+) in one race) is still there. I recommend having a green all regardless of profit position at some later point in the race.

Other suggestions?

Regards,

Angus

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