SLnP-SL

[excelhasey]

Requests level loss sliding stop loss where n equals percentage - Cant get my head round this one would someone kindly break it down and further explain how it works please thanks

[GaryRussell]

Firstly I think you are using version 1.1.0.62 which has a stop loss bug. I recommend you upgrade to the latest official release which 1.1.0.65t. You can download it using the following link.
http://www.gruss-software.co.uk/Betting ... istant.msi

Here is an example.

BACK-SL10P-SL

1) Back bet matched at odds 5.0 which sets the initial stop loss odds at ((5.0 - 1) X 1.10) + 1 = 5.4

2) The best back odds price is compared to the stop loss odds. If the odds go up to 5.4 or above 5.4 then the stop loss is triggered and will be placed at the best back odds price plus one tick. For example if the odds go up to 5.4 the stop loss bet will be placed at 5.5. If the odds go straight past 5.4 to 6.0 then the stop loss will be placed at 6.2

3) "Sliding" means that if the best back odds go below the matched price of 5.0 then the stop loss odds will be decreased. For example if the best back odds go down to 4.8 (2 ticks) then the stop loss odds go down to 5.2 (2 ticks decrease).

4) The maximum odds that the stop loss lay bet can be triggered at is double the matched back odds = 9.0. If the odds go straight past 9.0 then the stop loss will not be triggered. It can still be triggered if the odds come back down again.

[excelhasey]

Thanks Gary I will try it out later

When I log it it says I am on 1.1.0.65t why do you think otherwise ??

[GaryRussell]

I sometimes look at the IP address that the message is posted from and cross reference it to our customer database so I can answer the query appropriately. I've just checked again, but that username was last used in March so sorry, my mistake.

[excelhasey]

Using LAY-SL7-S today but whilst the Lay bets are matched the Back bets bets are being matched at the same stake but lower Back odds for virtually all the runners is that right ??

[GaryRussell]

That's what stop loss does. If the odds go down 7 ticks then the stop loss will be placed. Therefore most of them must have gone down. There aren't any bugs affecting stop loss that I am aware of in the version 1.1.0.65t.

[excelhasey]

Ok - no worries I am just trying a few of the triggers out - obviously not liking this one !!! cheers