Lay the First to Trade at 2.0 Guardian Automation Bot

[Crazyskier]

Thank you once again Dallas.

A fantastic job you do here,my friend.

+1

[marckemp1986]

I mean lay the first to trade at 2.0,as per the rule but then back it if it gets a bit higher in price so as not to risk the potential green. Maybe for a predefined profit or at a particular price,just in case it does go on to win.

If you go into edit the rule on the parameters tab in the bottom box "Global settings" use the dropdown box next to "Action"
And select offset with greening then enter the number of ticks you want to use (enter 1 in the batches box)

Cheers for the info Dallas, I too was looking at this. So to say if the price rode 10 ticks higher (2.2?) it would just green up correct?

I was also going to put in a rule if it reached 1.5 lets say, it would close the trade at a loss rather than going the distance. Is that the same option but just adding stop and entering the ticks for that?

Cheers

[Dallas]

I mean lay the first to trade at 2.0,as per the rule but then back it if it gets a bit higher in price so as not to risk the potential green. Maybe for a predefined profit or at a particular price,just in case it does go on to win.

If you go into edit the rule on the parameters tab in the bottom box "Global settings" use the dropdown box next to "Action"
And select offset with greening then enter the number of ticks you want to use (enter 1 in the batches box)

Cheers for the info Dallas, I too was looking at this. So to say if the price rode 10 ticks higher (2.2?) it would just green up correct?

I was also going to put in a rule if it reached 1.5 lets say, it would close the trade at a loss rather than going the distance. Is that the same option but just adding stop and entering the ticks for that?

Cheers

Yes if it layed at 2.0 and you had selected "Offset with Greening and stop" from the paramters tab and set to
Offset 10 ticks
Stop loss 50 ticks

That would green you up if the odds bounced back to 2.20 (or 10 ticks higher than it was matched at) and stop you out ay 1.50 (50 ticks less) if it continues to fall

you can read more details on using a stop loss here
viewtopic.php?f=47&t=11746
It works the same way using it manually from global setting or via autmation

ALternativly if you did nt want to use ticks to green up or stop you could set the automation to do it to a predifned amount
viewtopic.php?f=43&t=11407

Always bear in mind using any type of stop either ticks or monerty value is never 100% guaranteed IR due to the volitility of the market

[marckemp1986]

The second link you posted where its the predfined amount, can you incorporate it with the lay first to trade at 2.0?

[Dallas]

The second link you posted where its the predfined amount, can you incorporate it with the lay first to trade at 2.0?

Yes you can copy the contents of the profit and loss rule into the lay the first to trade at 2.0 (or any other rule)

or this link has the details typed out
viewtopic.php?f=47&t=11488

[marckemp1986]

The second link you posted where its the predfined amount, can you incorporate it with the lay first to trade at 2.0?

Yes you can copy the contents of the profit and loss rule into the lay the first to trade at 2.0 (or any other rule)

or this link has the details typed out
viewtopic.php?f=47&t=11488

Thanks for that, Just created one myself copied from the two .. Should this work ..

[marckemp1986]

Apart from the selection row, just changed it to any.

[Dallas]

Yes thats absolutly fine, it will green for £5 profit or take a -£3 loss
If you find you dont get stopped out all the time you could increase the number of triggers to 2 or 3 times and re-arm every 2 sec but

[marckemp1986]

Ok thats great thanks, just changed the stop loss to trigger 2 times and re arm in 2 secs.

Was thinking if I could make it lay multiple horses if it reached that selected price? Do I just change the trigger to a few times or would that place multiple lay bets on the same horse and not just once for each horse?

[Dallas]

You would need to increase the numbers of triggers (and i would change the re-arm time of the lay to 2 secs)
Then in conditions replace the "Number of place bet triggers condition"
with "matched bets condiiton" on selection is equal to 0
then add "Unmatched bets condition" on selection is equal to 0

That will allow it to trigger and lay multiple runners but never the same selection

[marckemp1986]

You would need to increase the numbers of triggers (and i would change the re-arm time of the lay to 2 secs)
Then in conditions replace the "Number of place bet triggers condition"
with "matched bets condiiton" on selection is equal to 0
then add "Unmatched bets condition" on selection is equal to 0

That will allow it to trigger and lay multiple runners but never the same selection

Perfect!

[welshtrekker]

How are folks doing with this? Bit of a struggle for me.

The bot does not seem to catch lower losses. The setting at < -2 seems to fail a lot.

I keep an eye and trade out manually but greening up clearly is an art as I often trade out early and would have won instead of taking a small loss.

Not sure how to minimise that issue or know the best time to trade out if a horse appears to be hitting the finish line first i.e. odds hang around 1.5 and go up and down but never swaying too much from below 2.

[greety]

I've had similar problems. I've had the bot backing at 2.0 and laying fifteen ticks lower.
What can go wrong you would think. Apart from the horse drifting between 2 and 1,85? Quite a lot it would seem.
Back and lay bets not getting matched and of course more often then not you get the wrong outcome. Stake gone.
Looks like a case of back to the drawing board.

[Dallas]

Its worth looking away from the runner your trading and using conditions elsewhere in the market.
For example with this rule allowing it to trigger if the 2nd or 3rd fav are trading over 15.0 is unlikely to return many positives in the long run, compared to the races with say several runners that are still trading under 8.0s as the first hits 2.0
Or if your just looking for a bounce to catch a few ticks try looking at conditions like WOM or the book % before allowing the rule to trigger

[greety]

Thanks Dallas.
I know what WOM is but I have no idea how to use the book % or set up a rule like this.
Is there a topic on this, you could send me a link to please?