Drip Feeding

[Robsmith]

Hi,

Scratching my head on this one. I have created few simple triggered betting spreadsheets but am trying to develop one that will allow me to drip feed orders into low liquidity markets. Usually in these markets people get scared of disproportionately sized orders being placed and it is difficult to get matched.

What I want to be able to do is set an odds range (say 1.7-1.75) and drip feed orders within this range when money appears and to keep dripping the money in until the full stake is matched.

Any help would be appreciated.

Rob

[jokerjoe]

Any problem you need break down into steps, just think what you do manually.

1. Check if current odds in range.
2. Check if full stake matched yet (might have to use the bets sheet if betting multiple selections).
3. Place bet - stake as a proportion of the money currently available, odds at back/lay/in between depending how aggressive you want to be.
4. Periodically check if at favourable position (ie at back/lay, not further behind). If not cancel bets and repeat.

I'd use VBA to check condition and clear bets. Could also use kill or fill orders, though not if at limit of odds range. Might be doable purely in Excel but never done it that way myself.

[Robsmith]

Joe,

Thanks, all the steps make sense however I don't know how to achieve those steps!

My triggers so far have involved firing a back/lay when a specific price is met.

Any tips would be appeciated.

Thanks,

James