Help with Stop Loss please

[methodman]

I am placing a bet with a tick offset and want to put a stop loss in place.

For example if I use a BACK-T10 trigger and the price starts to go the wrong way when it gets to the price of the matched back bet + 50% I would want to place the stop loss bet using a price of the matched bet + 75%.

The reasoning for specifying both when the SL is actioned and the max price at which it may be actioned is to allow for a fast moving market.

I am unclear from the manual what to SLnP percentage is a percentage of.

Can this be done using the SL trigger modifiers or do I need to cancel the unmatched offset bet and resubmit a new bet?

Any help appreciated.

Thanks
John

[GaryRussell]

I'm afraid there isn't an option to place the stop loss bet at +75%. You can have it trigger when the odds go up 50%, but it will place the lay bet at the current best back odds plus 1 tick.

eg. BACK-T10-SL50P, back bet matched at 3.0
The stop loss will trigger if the best back odds go up to 4 or more, ie. ((3.0 - 1) x 1.50) + 1 If the odds go to 4.2 for example then the lay bet will be placed at 4.3
Don't forget though that if you don't request a level loss then if the odds exceed double, ie. 5.0 in this example then the stop loss will not trigger at all unless they come back down.

[methodman]

Thanks Gary - I'll try a bit more testing.