Odds trader - good may be better
Posted in Suggestions by Mir.
Odds trader is very good, simple bot. It is "trader" and notes that a good trade is 2 bets. You can set "BetType, OpenOdds, CloseOdds, Stake ..." like:
Back;4,40;4,20;20;Back;4,60;4,40;25;Back;4,70;4,50;15;Back;4,80;4,70;35 ... so that the robot contains a clear and well defined trades. As I said it is nice bot for clear decisions. for trading trends on football etc ...
But I want to use this bot on horse racing markets. I have 3 improvements.
1) parameter PlaceBetOnBetterOdds - to spread a few ticks more to the offer (not only at the best odds)
2) to set parameter BetTrades without BetType; 4,40;4,20;20;4,60;4,40;25;4,70;4,50;15 (BackOdds, LayOdds, Stake). Idea is: place Back or Lay bet on market when it can be offered on market. If one of these bets matched place the second bet.
3) repetition of pairs of bets - certainly welcome the opportunity of repetition of pairs of bets. If both bets matched, repeat cycle (4,60;4,40;25)
Friday, September 09, 2011
1) This parameter is used like its name would suggest, so placing a bet on better odds (offering your bet) when this parameter is active.
2) This can be done with current bot, well of course with explicitly saying what type of bet you want to place.
3) You can repeat your trading cycle by using the bot Chain execution on selection and If profit then else.
I do not think it is a good idea to repeat a trading cycle for this bot. You would blindly instruct your bot to reopen your bet position without knowing what are market conditions. The base rule for trading is to know when to enter on a market and when to exit/close a bet position in loss or in a better case in profit.
Friday, September 09, 2011
1) well, now bot works like in 1. I am talking about samle 2. (with 4 ticks active offering - in this case)
2. Do you mean for example ( Back;4,40;4,60;10;Lay;4,60;4,40;10 ) ?
3. The problem with this robot is that it stops only after all bets (in BetTrader parameter) matched. Chain execution on selection is usefull for bots which have a clear start and clear end. In any case it is necessary to check the P/L of the market (or trading time) with other bot. So I dont think, that repeting "little trading cycles" will be a problem.
Friday, September 09, 2011
I added a new parameter to the bot Odds trader: WaitTillBetsMatched.
Saturday, September 10, 2011
oh I see: parameter Odds trader: WaitTillBetsMatched stops the bot when ALL OPEN bets matched. I can not appreciate this property now.
Saturday, September 10, 2011
I will explain it otherwise. Offer what you can!
Wednesday, October 05, 2011
To opakování sázky na stejném kurzu v případě úspěšného obchodu by se mi také líbilo.