"Desperate" Stop Loss

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"Desperate" Stop Loss

Postby the_mathman » Wed Aug 18, 2010 11:26 am

Hi Gary!

another question on the stop loss @ in play:
We already know that it can't work if the quote change fastly.

So, in a scenario where "in play" i bet an horse @2 and i want lay it if the quote run up @3 could be that the stop loss don't work simply because meanwhile the quote is going @10.

My question are 2:
1- in this scenario, can I use the "offset requests" to enlarge the stop loss range, or this tab don't work with the stop loss function? (e.g.: IF quote grow up 3 THEN lay @4; my loss increases but increase the match probability too )
2- is possible will create in a future relase of BA a "Desperate stop loss" check box that place a lay @1000 ensuring that the stop loss is matched (at dangerous level of course)?

thank you for your valuable works!
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Postby GaryRussell » Wed Aug 18, 2010 3:56 pm

1- in this scenario, can I use the "offset requests" to enlarge the stop loss range, or this tab don't work with the stop loss function? (e.g.: IF quote grow up 3 THEN lay @4; my loss increases but increase the match probability too )

Sorry, it cannot be used with the stop loss function.

2- is possible will create in a future relase of BA a "Desperate stop loss" check box that place a lay @1000 ensuring that the stop loss is matched (at dangerous level of course)?

I'm not sure we will ever implement it exactly like that, sounds way too dangerous! We do have plans to improve it so the stop loss bet is "managed". ie. it will monitor the bet and if not matched after say 1 second, it will replace the bet at the current odds. It will repeat this process until fully matched. The advantage of this method is that it can work with level loss because it will re-calculate the required stake each time it replaces the bet.
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Postby eclipse » Wed Aug 18, 2010 7:37 pm

The managed stop loss sounds great Gary, look forward to this being added to the brill functions available.
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Postby the_mathman » Thu Aug 19, 2010 2:32 pm

GaryRussell wrote:
1- in this scenario, can I use the "offset requests" to enlarge the stop loss range, or this tab don't work with the stop loss function? (e.g.: IF quote grow up 3 THEN lay @4; my loss increases but increase the match probability too )

Sorry, it cannot be used with the stop loss function.

2- is possible will create in a future relase of BA a "Desperate stop loss" check box that place a lay @1000 ensuring that the stop loss is matched (at dangerous level of course)?

I'm not sure we will ever implement it exactly like that, sounds way too dangerous! We do have plans to improve it so the stop loss bet is "managed". ie. it will monitor the bet and if not matched after say 1 second, it will replace the bet at the current odds. It will repeat this process until fully matched. The advantage of this method is that it can work with level loss because it will re-calculate the required stake each time it replaces the bet.


great!
I like it!
:D

thank you!
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Postby GaryRussell » Mon Sep 06, 2010 3:51 pm

Just to let you know I am working on this at the moment. I've just started testing my first attempt at coding this today. It's going to keep me busy for a while. If you don't see evidence of me working on other suggestions it's because I'm busy doing this.
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Postby eclipse » Mon Sep 06, 2010 4:19 pm

Good one Gary, really looking forward to getting hold of that one when it's done, keep up the great work!
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Postby GaryRussell » Thu Sep 16, 2010 9:07 am

eclipse wrote:Good one Gary, really looking forward to getting hold of that one when it's done, keep up the great work!

If you want to give it a try before I release it (still testing) then let me know and I'll PM you the download link.
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Postby GaryRussell » Fri Nov 12, 2010 12:33 pm

This was included in the offical Beta release starting version 1.1.0.66x25. See http://gruss-software.co.uk/forum/viewtopic.php?t=5525
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