Hi All
Just a thought on this Automation. Is there any way of firing in orders that outline the top and bottom of a range for later analysis. Even if these bets are unmatched just so you can see what the range of the selection was from x minutes out to post time.
Swing Trade using Top & Bottom of Traded Range Guardian Automation Bot
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Thebest147
- Posts: 93
- Joined: Thu Nov 05, 2015 8:01 am
Hi Dallas could this be used inplay, thank you
All files get fully and extensively tested before they are uploaded so I always know they work perfectly and exactly as description in the OP
This one has also been downloaded by 874 other people and its working perfectly for all them to
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Realrocknrolla
- Posts: 1903
- Joined: Fri Jun 05, 2020 7:15 pm
Im struggling to get around a problem with a modification I want to make. I want it to place the bet at the end of the traded range ahead of time. Not when the best price is already there
As when you place the bet when the price is already there, you end up at the back of the queue. So when you get matched it is likely the price is about to smash through.
However, if you are near the front of the queue, you benefit from the times it just grazes that price and then backs off again.
As when you place the bet when the price is already there, you end up at the back of the queue. So when you get matched it is likely the price is about to smash through.
However, if you are near the front of the queue, you benefit from the times it just grazes that price and then backs off again.
You'll need to use the current price as your base price and store a value plus or minus 'X' ticks, (X being however many ticks you want to look above/below the current price, if you use to many ticks you might already be looking outside the traded range, use to few and the price needs to be closer to the end of the range before it triggers the bet so you could still be in a queue)Fugazi wrote: βMon May 06, 2024 4:56 pmIm struggling to get around a problem with a modification I want to make. I want it to place the bet at the end of the traded range ahead of time. Not when the best price is already there
As when you place the bet when the price is already there, you end up at the back of the queue. So when you get matched it is likely the price is about to smash through.
However, if you are near the front of the queue, you benefit from the times it just grazes that price and then backs off again.
would it not be possible to align the back/lay bets to be x ticks above/below best reverse price (trial and error on number of ticks of course). that way, you'll have more certainty in being at the front of the queue as the sentiment changes (in either direction as you will be outside the BEST back/lay prices by default when entering). I have a similar rule that uses this approach as it is looking to quickly enter/exit on either side of the extremes, based on rapid price movements.Dallas wrote: βTue May 07, 2024 11:05 amYou'll need to use the current price as your base price and store a value plus or minus 'X' ticks, (X being however many ticks you want to look above/below the current price, if you use to many ticks you might already be looking outside the traded range, use to few and the price needs to be closer to the end of the range before it triggers the bet so you could still be in a queue)Fugazi wrote: βMon May 06, 2024 4:56 pmIm struggling to get around a problem with a modification I want to make. I want it to place the bet at the end of the traded range ahead of time. Not when the best price is already there
As when you place the bet when the price is already there, you end up at the back of the queue. So when you get matched it is likely the price is about to smash through.
However, if you are near the front of the queue, you benefit from the times it just grazes that price and then backs off again.