Back 2 Lay the Front Runner Guardian Automation Bot

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Johnph1
Posts: 10
Joined: Tue Sep 27, 2016 9:31 pm

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Johnph1
Posts: 10
Joined: Tue Sep 27, 2016 9:31 pm

I've been using fixed €50 stake when testing this but haven't had time to really sit down and wirk out best way to do it.
There is no problem when price shortens, although I was getting stopped out earlier with too small stops, but then I realised that the stop doesn't green out, so there is basically no point in having it.
So either price shortens , offset is triggered, and BA greens up profit, or if it drifts it doesn't green out at stop so I'm left with €50 bet running in the selection.
I think I need to add another rule to stop out and limit liss to eg €25 59% loss, just need to wirk out best way to do this. I'm new to BA so appreciate any help
Johnph1
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Joined: Tue Sep 27, 2016 9:31 pm

That is limit loss to €25 - 50%
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Dallas
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Stop losses are not really recommened in running due to the volitility of the market and in-play delay, and using a conventional stop loss once it triggers and is placed it remains at those odds untill matched.

You could add an automated monetry stop loss which still might not always stop you out but can at least be set to trigger muliple times so it can keep trying.

There is 2 ready made rules to do this which you can just copy the contents of and add to your current file
viewtopic.php?f=43&t=11407
viewtopic.php?f=43&t=11954
Johnph1
Posts: 10
Joined: Tue Sep 27, 2016 9:31 pm

Hey dallas, been tinkerig with this with some success , but as you mentioned it seems to struggle to cash out due to the speed of the in running market. Had some nice success but then when I had the below trade , backing at 7.0 , €50 stake , it missed the profit trigger altogether and actualy ended up with -€86 even though horse traded 1.3 in running! had it to green at €40 profit ????

18/10/2016 19:52:23: Market changed to Kemp 18th Oct - 20:10 1m Hcap
18/10/2016 20:09:49: [G_Auto] : € 50.00 Back bet placed on Mountain Rescue at 7. Fully matched at 7. Ref: 77265758196
18/10/2016 20:11:08: Market has been suspended
18/10/2016 20:11:08: Market is in-play
18/10/2016 20:11:08: Market has been unsuspended
18/10/2016 20:12:22: [G_Auto] : Greened up Mountain Rescue by Laying 97.22 at 3.6
18/10/2016 20:12:23: [G_Auto] : An error occurred while cancelling bets: The entire order has been rejected.
18/10/2016 20:12:23: [G_Auto] : Cancelling bets 77266206559
18/10/2016 20:12:24: [G_Auto] : Greened up Mountain Rescue by Laying 113.67 at 2.72
18/10/2016 20:12:26: [G_Auto] : Greened up Mountain Rescue by Laying 0.48 at 3.15
18/10/2016 20:12:33: [G_Auto] : Greened up Mountain Rescue by Backing 185.89 at 1.66
18/10/2016 20:12:33: [G_Auto] : An error occurred while cancelling bets: The entire order has been rejected.
18/10/2016 20:12:33: [G_Auto] : Cancelling bets 77266237729
18/10/2016 20:12:34: [G_Auto] : Greened up Mountain Rescue by Backing 62.11 at 1.64
18/10/2016 20:12:46: Market has been suspended
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jimibt
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PeterLe (or A.N Other) produced a quite nice analysis of stop vs green vs trade expiry. From memory, IR fared very badly with a stoploss for many of the obvious reasons. However, I recall that greening to a target (especially if not too aggressive) was *not so bad* IR. That said, many on here have been campaigning for what's called reverse greening, whereby you green out at the reverse price in order to both gain more profit and also mitigate (hopefully) the mad swing that occurs when greening to price normally -i.e. the type of greening that either never happens and/or sweeps too far and generates a loss, rather than a profit.

I'm sure others (or A.N.) will add further commentary...
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Dallas
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As the log is not showing any offset bets being placed so i assume you have changed this and are greening up to a target profit or when X odds have been reached?

Did you have this market in focus (on a trading screen)? or was it being refreshed with other markets in guardian?

First thing i would do is check with Betfair for the reasons why the two orders where rejected and also get confirmation from them or your Betfair statement what times any bets/greens ups where matched with that info it should shed some more light on what happened, if you want to post those details and exactly how your green up is set it will be easier to give an accurate answer
Johnph1
Posts: 10
Joined: Tue Sep 27, 2016 9:31 pm

Thanks for swift replies gents. I'll screenshot rule set up and upload it as a word doc .
Trying to tweak it and have had some decent results while testing and live with small stakes but this one has me thinking that the market is too quick, although as this shortened right down to 1.3 I thougt it would have greened up . What could help here. Any suggestions welcome.
Johnph1
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can't upload word doc, can email to you Dallas? or I can add jpegs
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Johnph1
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Dallas
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Its ok those setting for your green up look fine, did you contact Betfair for a explanation as to the reasons why they rejected those two orders and which where matched and at what time?

It should still of greened some profit as it shortened although it may not of been fully equal if the odds dropped a lot further from what they where triggered at, the only reason i can see for the loss is two greening bets where somehow matched possibley to do with the rejected orders hence you would need the above info from Betfair to piece it all together accuratly
Johnph1
Posts: 10
Joined: Tue Sep 27, 2016 9:31 pm

Thanks Dallas. I sent them an email with logs etc and asked them to investigate.
I'll share what comes back once I have a response.
Would the number of triggers or time to re-arm affect this?
Maybe by connection is too slow but as you said the order seemed to get there but cancelled before greening.
Appreciate the help, new to this and lots to learn !
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Dallas
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Your trigger times look fine and should nt cause any problem, as long as they are 2 secs or over between the re-arm times the next should cancel the previous if still unmatched as it triggers, you would be very unlucky if it just happened to trigger at the exact moment the first starts to be matched.

The reason 2 or more seconds is recomended is becuase of the 1 sec delay Betfair impose on all in-play bets so if they are re-armed too quick the first green up may not of even reached the market before the next is triggered hence you then end up having both green ups matched and turning a profit into a loss.

Also depending on if you have the market on a main trading screen or if it was being refreshed in guardian may or may not of contributed to it, this link explians how the cycling/refreshing effects automation
viewtopic.php?f=37&t=11491
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DRED1
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Hi Dallas
I'm using this standard back to lay bot with my own selections, I'm only selecting 1 nomination 30 ticks below, it places back bet but as goes in play says lay bet cancelled obviously didnt get matched and cancels ?
Why wont it stay in play ?
I downloaded it no problem , only adjustemt ive made is stake, and not selecting 2 ?

Thanks for any help
DR :)
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Dallas
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DRED1 wrote:Hi Dallas
I'm using this standard back to lay bot with my own selections, I'm only selecting 1 nomination 30 ticks below, it places back bet but as goes in play says lay bet cancelled obviously didnt get matched and cancels ?
Why wont it stay in play ?
I downloaded it no problem , only adjustemt ive made is stake, and not selecting 2 ?

Thanks for any help
DR :)
Too ensure the 'keep bets' rule works on both nom or if only one nom is chosen on the 'keep bets' rule change it to applies to 'In Row 1 Betfair order'
As shown in image below
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