Position in Queue and Last Trade
hi, just putting my two penneth in the mix..i have just come across from geeks toy software, and although i believe BA to be head and shoulders a more superior product, i do, however find myself missing the APPROX queue position feature. i also believe other software have implimented a similar feature. although its not totally 100% accurate, it does tell you within 50 quid were you are in the queue. it is a very very usefull feature, and it was this feature alone that i nearly didnt jump ship and come across to BA...glad i did though.
We are happy to put it in a new build, but it will be defaulted to off as we are very sceptical on its use. But if people want it then it's not really a problem.
It's going to get even harder to rely on shortly, see the blog post: -
http://www.betangel.com/blog_wp/2014/10 ... ll-soccer/
It's going to get even harder to rely on shortly, see the blog post: -
http://www.betangel.com/blog_wp/2014/10 ... ll-soccer/
Guys from Betangel,
When will you insert the PIQ function?
Another thing that would be very useful with be a new sound that you could activated on the sounds area, this sound would play every time money that is on queue is matched.
With this 2 new features i would no longer have the need to have to applications open at the same time, Betangel and another one that has these 2 features.
Best regards,
Pedro
When will you insert the PIQ function?
Another thing that would be very useful with be a new sound that you could activated on the sounds area, this sound would play every time money that is on queue is matched.
With this 2 new features i would no longer have the need to have to applications open at the same time, Betangel and another one that has these 2 features.
Best regards,
Pedro
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andyfuller
- Posts: 4619
- Joined: Wed Mar 25, 2009 12:23 pm
I wouldn't like it if it were every time money were matched in the queue as it would be forever going off but it would be useful if it could be set to go off when some of your own money was matched. This is a feature I miss from other software when using Bet Angel.pmanso wrote:Another thing that would be very useful with be a new sound that you could activated on the sounds area, this sound would play every time money that is on queue is matched.
For example you have money on a ladder no longer visible and so you have to keep checking if it is matched at all, a sound alert would tell you it have been matched.
Should be possible using excel. Others know a lot better how to build bots than me though so I can't say more than thatpmanso wrote:Can someone please help me with the sound issue. If it's possible through Automation can you please give me a step by step guide.
And does anyone on Betangel can say something about the PIQ?
Thanks.
As suggested by another user in the release notes thread for the latest version I would like to add my wish to see PIQ included in the software.
I know it is used in other software and people in this thread have expressed views that it is a gimmick but useless as a trading tool etc but I would strongly disagree with this view point whilst also agreeing with it.
I think PIQ has a place as long as you are aware of the short comings of it, therefore I would like to see it added as an option with an explanation about the shortcomings. Then those that do see a value to it can use it and those that don't see any value to it don't have to use it.
I actually find it quite reliable in horse racing markets in other software which has it. Though their implementation of it is good it could do with some improvement.
Euler raised a few points earlier in the thread:
I can see issues in markets where there is a lot of money at a price but in the majority of horse racing markets this is not the case and as I submit several orders at several prices at varying times it is impossible as was mentioned earlier in the thread to make a note of how much money was already there and keep track of it. But PIQ lets me have a pretty good educated 'guess' as to what my PIQ is.
Markets like Cheltenham I find it invaluable, if there is £20,000 at a price and I put in my order I can look away at another runner and come back and see what the PIQ is saying my position is, if it is now saying £3,000 but there is still £20,000 at the price I know I am getting to the front of the queue but without PIQ and not noting down the amount traded when I submitted my order I could be fooled into thinking I am still at the back of the £20,000 as it looks like nothing has changed. I might be at £5,000 but I would sooner have PIQ giving me a rough idea than being fooled into thinking that I am still no way near being matched with £20,000 in front of me still.
I would like to see it added as an option and to be displayed over the traded amount value at the price your order was submitted. I don't see a need for a stand alone column that will hold little or no information. E.g. If £1,200 has been traded at 2.02 and you add £10 to the back of a £30 queue the £1,200 is replaced with £30 and then reverts to £1,260 once you start getting matched.
This feature has a +1 from me.
I know it is used in other software and people in this thread have expressed views that it is a gimmick but useless as a trading tool etc but I would strongly disagree with this view point whilst also agreeing with it.
I think PIQ has a place as long as you are aware of the short comings of it, therefore I would like to see it added as an option with an explanation about the shortcomings. Then those that do see a value to it can use it and those that don't see any value to it don't have to use it.
I actually find it quite reliable in horse racing markets in other software which has it. Though their implementation of it is good it could do with some improvement.
Euler raised a few points earlier in the thread:
This is true but is less of an issue I find in most horse racing markets than you might think. Also when you submit £200 to £800 already there making £1,000, you PIQ would be £800 but if £200 is cancelled meaning now only £800 is in the queue your PIQ should change to £600. The other software does not do this and keeps your PIQ at £800 which is clearly wrong.
That is incorrect, if you scratch a trade the volume increases as long as you don't match against your own trade and if you were doing that you would know you were at the front of the queue any way so wouldn't be needing PIQ to know you were at the front.
This point is valid but in horse racing markets I really don't find this to be much of an issue.Euler wrote: ↑Mon Mar 24, 2014 9:13 amThen the elephant in the room cross matching. Especially on small markets like football you have no idea which one of three (in the match odds market) is getting matched and where that sits in the queue, so it becomes impossible to work out where you order on your selection is on the queue across all three selections. Almost impossible.
I can see issues in markets where there is a lot of money at a price but in the majority of horse racing markets this is not the case and as I submit several orders at several prices at varying times it is impossible as was mentioned earlier in the thread to make a note of how much money was already there and keep track of it. But PIQ lets me have a pretty good educated 'guess' as to what my PIQ is.
Markets like Cheltenham I find it invaluable, if there is £20,000 at a price and I put in my order I can look away at another runner and come back and see what the PIQ is saying my position is, if it is now saying £3,000 but there is still £20,000 at the price I know I am getting to the front of the queue but without PIQ and not noting down the amount traded when I submitted my order I could be fooled into thinking I am still at the back of the £20,000 as it looks like nothing has changed. I might be at £5,000 but I would sooner have PIQ giving me a rough idea than being fooled into thinking that I am still no way near being matched with £20,000 in front of me still.
I would like to see it added as an option and to be displayed over the traded amount value at the price your order was submitted. I don't see a need for a stand alone column that will hold little or no information. E.g. If £1,200 has been traded at 2.02 and you add £10 to the back of a £30 queue the £1,200 is replaced with £30 and then reverts to £1,260 once you start getting matched.
This feature has a +1 from me.
Last edited by PDC on Thu Sep 06, 2018 10:54 am, edited 1 time in total.
+1 - very nicely elaborated!PDC wrote: ↑Thu Sep 06, 2018 10:48 amI would like to add my wish to see PIQ included in the software.
I know it is used in other software and people in this thread have expressed views that it is a gimmick but useless as a trading tool etc but I would strongly disagree with this view point whilst also agreeing with it.
I think PIQ has a place as long as you are aware of the short comings of it, therefore I would like to see it added as an option with an explanation about the shortcomings. Then those that do see a value to it can use it and those that don't see any value to it don't have to use it.
I actually find it quite reliable in horse racing markets in other software which has it. Though their implementation of it is good it could do with some improvement.
Euler raised a few points earlier in the thread:
This is true but is less of an issue I find in most horse racing markets than you might think. Also when you submit £200 to £800 already there making £1,000, you PIQ would be £800 but if £200 is cancelled meaning now only £800 is in the queue your PIQ should change to £600. The other software does not do this and keeps your PIQ at £800 which is clearly wrong.
That is incorrect, if you scratch a trade the volume increases as long as you don't match against your own trade and if you were doing that you would know you were at the front of the queue any way so wouldn't be needing PIQ to know you were at the front.
This point is valid but in horse racing markets I really don't find this to be much of an issue.Euler wrote: ↑Mon Mar 24, 2014 9:13 amThen the elephant in the room cross matching. Especially on small markets like football you have no idea which one of three (in the match odds market) is getting matched and where that sits in the queue, so it becomes impossible to work out where you order on your selection is on the queue across all three selections. Almost impossible.
I can see issues in markets where there is a lot of money at a price but in the majority of horse racing markets this is not the case and as I submit several orders at several prices at varying times it is impossible as was mentioned earlier in the thread to make a note of how much money was already there and keep track of it. But PIQ lets me have a pretty good educated 'guess' as to what my PIQ is.
Markets like Cheltenham I find it invaluable, if there is £20,000 at a price and I put in my order I can look away at another runner and come back and see what the PIQ is saying my position is, if it is now saying £3,000 but there is still £20,000 at the price I know I am getting to the front of the queue but without PIQ and not noting down the amount traded when I submitted my order I could be fooled into thinking I am still at the back of the £20,000 as it looks like nothing has changed. I might be at £5,000 but I would sooner have PIQ giving me a rough idea than being fooled into thinking that I am still no way near being matched with £20,000 in front of me still.
I would like to see it added as an option and to be displayed over the traded amount value at the price your order was submitted. I don't see a need for a stand alone column that will hold little or no information. E.g. If £1,200 has been traded at 2.02 and you add £10 to the back of a £30 queue the £1,200 is replaced with £30 and then reverts to £1,260 once you start getting matched.
This feature has a +1 from me.
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wearthefoxhat
- Posts: 3219
- Joined: Sun Feb 18, 2018 9:55 am
My previous post about a request to add PIQ to Betangel was posted in the wrong thread, so I thought I'd embellish in the right one. 
As already mentioned by PDC that it's not an exact figure in the ladder and may have short comings, he rightly points out as long as there's an awareness of this, then it would be a good introduction. (as long as it doesn't mess up Bet Angels' functionality along the way)
If implemented, it could be used as guide and as a measurement of how fast/slow the order flow is on less volatile markets. It could offer an edge for any trader that wants to add/takeway or even automate the PIQ as some form of trigger.
Observing your PIQ helps you know how close your bets are to being matched. This is extremely useful information when you are trading, which can involve constantly trying to judge whether to cancel an unmatched bet or leave it to get matched, based on whether it has a favourable queue position and whether the weight of money in the market is likely to help to support your position if your bet gets matched.
As already mentioned by PDC that it's not an exact figure in the ladder and may have short comings, he rightly points out as long as there's an awareness of this, then it would be a good introduction. (as long as it doesn't mess up Bet Angels' functionality along the way)
If implemented, it could be used as guide and as a measurement of how fast/slow the order flow is on less volatile markets. It could offer an edge for any trader that wants to add/takeway or even automate the PIQ as some form of trigger.
Observing your PIQ helps you know how close your bets are to being matched. This is extremely useful information when you are trading, which can involve constantly trying to judge whether to cancel an unmatched bet or leave it to get matched, based on whether it has a favourable queue position and whether the weight of money in the market is likely to help to support your position if your bet gets matched.
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I use PIQ by default using other software and apart from the known effects of cross-matching, I have absolutely no issues with its reliability or information value. A solid 95%+ of the time when I expect to start getting matched, I start getting matched.
+1PDC wrote: ↑Thu Sep 06, 2018 10:48 amAs suggested by another user in the release notes thread for the latest version I would like to add my wish to see PIQ included in the software.
I know it is used in other software and people in this thread have expressed views that it is a gimmick but useless as a trading tool etc but I would strongly disagree with this view point whilst also agreeing with it.
I think PIQ has a place as long as you are aware of the short comings of it, therefore I would like to see it added as an option with an explanation about the shortcomings. Then those that do see a value to it can use it and those that don't see any value to it don't have to use it.
I actually find it quite reliable in horse racing markets in other software which has it. Though their implementation of it is good it could do with some improvement.
It can be very accurate in horse racing markets that aren't so affected by cross-matching.