The global settings are an optional part of your parameter options but if you wish to use them they will allow you to add things like Fill or Kill, Offsetting and Stop losses etc to your rule. These will do the same as the 'Global Settings' found at the top of your main trading screen but will only be applicable to the individual rule they are used on.
When choosing a offset action you have the option to offset by ticks OR percentage, whichever you chose will apply to both offsets and stops for this rule type - ie; you can not chose to use the offset percentage and set your stops using ticks.
Offset bet - A equally sized opposing bet placed a specified number of ticks or percentage away from the initial bet which if filled will close the position for a profitable trade. If the initial bet is a Back bet then the offset will be a Lay bet. If the initial bet is a Lay bet then the offset will be a Back bet.
Offset bet and stop - An offset bet as above but with a stop loss attached. The market price will be monitored and if the price moves against you by the specified number of price ticks or percentage then the stop loss will be triggered to attempt to take a loss and close the position.
Offset bet and trailing stop - As 'Offset bet and stop' but the stop is moved by tick or percentage as the profitability of your trade improves.
Offset bet with greening - As 'Offset bet' but Bet Angel adjusts the stake of the offset bet so that the profit from the trade is spread across all selections in the market.
Offset bet with greening and Stop - As 'Offset bet and stop' but Bet Angel adjusts the stake of the offset bet so that the profit from the trade is spread across all selections in the market. Note: the reduction of the stake of the offset bet will result in the stake used for the stop loss being reduced also.
Offset bet with greening and Trailing Stop - As 'Offset bet with greening and Stop' but the stop is moved by tick or percentage as the profitability of your trade improves.
Stop on opening Bet - adds a stop to the initial bet in an attempt to ensure the bet is matched even if the market moves away from your requested entry price. This can be useful if you wish to ask for a price that is better than is currently on offer by the market, but also want to make sure the bet is filled. e.g. If the current market is available to back at 1.68, place a Back bet at 1.7 with an opening stop 5 ticks lower. The bet will initially be unmatched in the market and the price may drift to fill your requested price of 1.7, but if it goes the other way and touches 1.65 then your opening stop will trigger and your Back bet will be repriced to 1.65 to try to fill at the current price.
