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close position at currently back price

Posted: Sat Jan 12, 2019 2:53 pm
by codimaval
Hello

I'm blocking on close position (bet after bet rules)
I have a back unmatched bet and I want to close the position at the current price (even if I'm in loss) after 45 minutes
how to do that?

thanks a lot

Re: close position at currently back price

Posted: Sat Jan 12, 2019 3:35 pm
by BfBotManager
Hi Codimaval,

You can use "After bet rules" like "Hedge" or "Close". Please test them in simulation mode and see manual for details on how they work:
https://www.bfbotmanager.com/documents/ ... manual.pdf

Regards,
Rade

Re: close position at currently back price

Posted: Sat Jan 12, 2019 7:31 pm
by codimaval
Thanks Rade, as usual quick answers. I looked in the manual of course but I do not understand too much. I place a unmatched back bet and if it remains unmatched after 45 min I back to the current price. It's what i want to do.
When I look on close position, I understand that I can only lay if I had back or back if I had lay
is it correct?

best regards

Re: close position at currently back price

Posted: Sat Jan 12, 2019 7:36 pm
by BfBotManager
Hi Codimaval,

Close/hedge rules are used to place bet so that you get profit if selections wins/loses or to equalize your profit/loss regardless of outcome.

If you unmatched bet, then you can cancel it and get zero profit/loss.

There is no option to place opposite bet type if your bet is unmatched. You can try to create second strategy that will only place bet if first strategy has unmatched bet by using "Selection conditions->Only if specified strategy has bet" but I am not sure if this is what you want to do.

Please try it out all in simulation mode by running duplicated strategies with different settings so that you can compare results and learn how each setting works.

Regards,
Rade

Re: close position at currently back price

Posted: Sat Jan 12, 2019 7:40 pm
by codimaval
thank you very much,
that's exactly what I wanted to do and that's what I did while waiting for your return
thank you very much, it works very well

best regards

matt