Continuous laying and greening-up, with stop-loss

This example is the opposite of "Continuous backing and greening up". It places lay bets on chosen selections and waits for the opportunity to green up, if the prices keep moving up. If, however, they start falling down, the stop-loss bet is placed to minimise the loss.

Right-click here to download the trigger file.

The profit edge for a green-up is set in a trigger called "setting profit ticks", the other trigger in that block, "setting loss ticks" defines the price at which a stop-loss will be applied.

The trigger called "laying" lays on the second and third runners, and that is stipulated by its condition. You are free to modify those conditions to lay on another selection(s).

I would not recommend running these triggers in a market with a big gap between back and lay prices (usually in markets with low liquidity), as it apparently might initiate a stop-loss bet immediately after placing the first lay stake.

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