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L2B with stop loss

Posted: Sat Jul 02, 2022 2:04 pm
by Colinbest2
Hi,

I am looking at creating a strategy that is a basic L2B with a stop loss. In play I have it making an initial bet of BSP, then using trade out rule I have it making another bet to trade out by a better price of 12 ticks.

I also want it to place a bet that is 12 ticks worse than the initial bet in an attempt to stop it initial bet from losing max liability. Is this possible and if so how?

Thanks for any help!

Re: L2B with stop loss

Posted: Sun Jul 03, 2022 1:55 pm
by BfBotManager
You can use "After bet rules->Trade out" to place unmatched bet at better price by 12 ticks.

Then also use "After bet rules->Hedge" that will execute if price goes against you by 12 ticks. It is not possible to place unmatched bet at worse price, as that would get matched by exchange at available odds, so instead you need to use "Hedge" rule that will hedge your position when price goes against you by 12 ticks.

Please use simulation mode to test this and read manual for details on each rule and option:
https://www.bfbotmanager.com/en/help/kn ... v3-version

Re: L2B with stop loss

Posted: Sun Jul 03, 2022 4:07 pm
by Colinbest2
Thanks for the reply.

I have an issue where some bets are getting cancelled instantly and I cannot figure out why. I have attached my settings. I can see bets being placed in play as I expect, then almost instantly they get cancelled even though it doesn't look like the last traded price has hit -12 ticks.

Could this be due to the recording of data setup for my strategy? I've just look and found that it was only recording data from before play and not inplay.

In the log it displays this: 7/3/2022 5:20:32 PM: HandleOnPlaceBets: Placed bet, betId: 273094575937, sizeMatched: 0, success: SUCCESS, strategy: L2B Test, sid: 220701-GYUG3V

I'm assuming this means the bet isnt getting matched? Which is why it is then getting cancelled?

Cheers,
Danny.

Re: L2B with stop loss

Posted: Sun Jul 03, 2022 10:19 pm
by BfBotManager
Hi Danny,

Please export your strategy and save screenshots of placed bets. Then send it to us. You can open support ticket by using contact form at our website. We will review your settings and help you adjust them.
https://www.bfbotmanager.com/en/contact