Trading Greyhound racing : Predicting price moves

We've gone to the dogs.
Lucacrebbe
Posts: 181
Joined: Thu Sep 21, 2017 3:23 pm

Sat Jul 07, 2018 11:20 am

CallumPerry wrote:
Mon Jul 02, 2018 11:16 am
If it goes against you all the time then just do the opposite and you'll have a 100% strike rate :D :D :D

Perhaps you're going with the flow of money and noticing entry points at the same time as everyone else and getting in when there's a reversal? Do you look at the price moves of other selections (other dogs) to make your decision or just the ladder of the i.e. fav?

I'm by no means an expert and still making plenty of mistakes myself so maybe others will have better advice but what I've started to notice is that you have to really switch your brain around and think backwards a lot of the time. If you see a price steaming in don't think wooooooooo I'm jumping on this, instead wait for a point you think it will reverse unless you think there's still significant power driving it in a particular direction.

Greyhound markets are fast filling markets at the very end so changes happen, can't remember who wrote the quote on this forum before or where it came from originally but it's stuck with me:

If you see a bandwagon it's too late.

Hope any of this helps.
Hi.

I have red your message

Very intersting. I am a noob when it comes to this kind of tecnical analisis... could you help me out please with some examples?

You talk about ''Money flow index''' ... well how far this indicator differs from onbalance volume? How to time it?

Example: l et's suppose at odd of 3,4 there is a low Money flow index, then at 3,5 you see money start coming in because the money flow index start to increase.... well how cn you be sure to have timed the market and that you are not too late?

CallumPerry
Posts: 63
Joined: Wed Apr 19, 2017 5:12 pm

Sun Jul 08, 2018 9:20 am

Not Money Flow Index mate just the general 'flow of money' I meant, looking with your eyes where the money is coming in. If you're interested in exploring MFI or other kinds of technical analysis go ahead, you may find some clever edge but don't bother using several stock market indicators combined because these markets work differently. I spent a few weeks looking at this, some neural networks and other equally complex avenues before realising they don't 'fit' the markets I was looking at. Keep it simple, build you own models using automation bots or excel and analyse what you find.

For example, you can't use the previous 200 prices in a 200EMA (Exponential moving average) in a greyhound race where the activity doesn't really come in until the final 180 seconds, know what I mean?

CallumPerry
Posts: 63
Joined: Wed Apr 19, 2017 5:12 pm

Sun Jul 08, 2018 9:33 am

To answer your question about Money Flow Index...

Open up excel and create a MFI indicator (the formula is in the first link in google if you search Money Flow Index Indicator) then create a trigger, an entry point, based on how far the index differs from the OnBalance Volume (adjustable variable). Run this bot with low stakes and analyse how often/quick it makes the right decision.

Don't forget to think of a trigger for an exit point and in excel I usually have a cell that is my 'kill' command i.e. =if(C6<90.00,"No","Yes")

This basically means if your balance drops below £90 (random example) then it will show the word 'No', you need a section in your 'entry trigger' cell that checks this kill command and if it says no it will not make any new orders. There is also another key problem with that formula that I will leave you to figure out, try it in practise mode first and when you know I'll help you with the next stage :)

Good luck mate, get yourself into a good habit of learning every day. I work full-time as a teacher so my evenings consist of 1 hour of learning or analysing from the days bot, 30 mins just playing with the markets and an hour of coding ideas to run the next day. The learning part is invaluable.

Lucacrebbe
Posts: 181
Joined: Thu Sep 21, 2017 3:23 pm

Wed Jul 11, 2018 11:31 am

CallumPerry wrote:
Sun Jul 08, 2018 9:20 am
Not Money Flow Index mate just the general 'flow of money' I meant, looking with your eyes where the money is coming in. If you're interested in exploring MFI or other kinds of technical analysis go ahead, you may find some clever edge but don't bother using several stock market indicators combined because these markets work differently. I spent a few weeks looking at this, some neural networks and other equally complex avenues before realising they don't 'fit' the markets I was looking at. Keep it simple, build you own models using automation bots or excel and analyse what you find.

For example, you can't use the previous 200 prices in a 200EMA (Exponential moving average) in a greyhound race where the activity doesn't really come in until the final 180 seconds, know what I mean?
Could you tell me more about ''looking with your eyes where the money is coming in'' ?

How can be done this?

It's is so fast generally, the money is shown up and then it disappears, orders get deleted..

Post Reply

Return to “Trading Greyhound racing”

  • Information
  • Who is online

    Users browsing this forum: No registered users and 0 guests