Tennis conditions:
Type: LAY
If the price will fall to 50% - then immediately close the position (BACK)
Example:
We bought LAY bet at odds of 10.00 - odds fell to 5.00 (50%) - the program immediately buys bet BACK.
Are all parameters set correctly?
Tennis - immediate closure of positions if the loss of 50%
3.2.2016 19:38:25
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- by : Betfair Bot
- by : adska
- by : adska
- by : adska
- by : adska
- by : Betfair Bot
Comments ( 2 )
Betfair Bot
Yes, it is correct setting for trading bot. When you use ProfitLossType parameter set to Percentage, the reached percentage value at which the bot closes its bet position is calculated from bet liability and not from odds/price percentage change. So if you set Loss to 50, and your liability is for instance 10 Euro, then your bet position is closed in loss when loss is greater than or equal to 5 Euro.
The 100% profit is never reached so you bot setting will close your bet position only when loss trigger is fired.
I would suggest testing bot settings, only your trading bot in practice mode, to learn how bot really behaves with your current bot settings.
skarabeusz
Thank you for your help.