Automate your trading using Bet Angel

Posted on March 19, 2011 by  

Following on from our recent feature on automated trading, Peter Webb from Bet Angel has provide an excellent starter pack of ideas for anyone keen to explore this very interesting aspect of trading.

Take it away PW……..

There are lots and lots of features within Bet Angel, but one you should definitely explore is the ability to link to a spreadsheet.

While it may seem a little daunting for beginners it’s actually not that difficult to quite easily achieve some really useful things using the spreadsheet link. There are already a large number of Bet Angel users using this facility. So if you don’t use it at the moment, it’s worth checking out.

Bet Angel customers use the spreadsheet link to: –

* Get better entry points into to a market
* Ensure an exit (I.e. improve your discipline)
* Create a new trading tool or interface
* Custom create technical indicators / charts
* Automatically trade alternative markets
* Completely automate their trading
* Trade even if you are not at your PC

You can also run Bet Angel via a VPS which will allow you to access and run a fully automated spreadsheet based trading strategy from any internet enabled device, anywhere in the world. It opens up a whole new world of opportunity.

Bet Angel already comes with three spreadsheet templates, including one which allows you to custom plot your own charts and technical indicators. The spreadsheet functionality also includes a unique scripting language that allows you to pass commands such as offsetting and greening via the spreadsheet through Bet Angel back to Betfair. You can quite easily create some clever little spreadsheets.

We recently published a simple spreadsheet to demonstrate some key features and one Bet Angel user took that and modified it to great effect. This gave us a really neat automated trading tool that you can download and use ‘out of the box’. We put it on the forum for all users to have access.

Here are some videos we have prepared, so that you can learn how use the spreadsheet link. The spreadsheet I have mentioned is on the last on this first set of videos.

How to link to a spreadsheet

Creating your own charting & technical indicators

Automatically exit at the off

Create your own Betfair trading bot

Full automated trading on Betfair

You should also learn about Bet Angel Guardian which allows you to nominate and automatically switch markets. Using Guardian in conjunction with the spreadsheet link allows you to fully automate a days trading. You can also link multiple markets to multiple spreadsheets in one workbook to pursue more complex betting or arbitrage opportunities.

Bet Angel Guardian

Part 1/3

Part 2/3

Part 3/3 Linking to spreadsheets & auto switching markets

Using the ability to link to a spreadsheet can increase your ability to trade effectively and can also uncover new ideas. If discipline is a problem, a spreadsheet can stop you from going in running! Even if you can’t be at your PC, you can make it trade for you and this allows you to try concepts and trade alternative markets while you work on your core markets, or even trade fully automatically all day / or night! Be careful though, if you are going for full automation. Make sure you thoroughly test things with minimum stakes before unleashing your creation!

The sky really is the limit with spreadsheet integration and if you want to get to an even higher level you might even consider some VBA programming. But even if that isn’t the level you want to get to, the spreadsheet link in Bet Angel can clearly help you in one form or another.

Some of my best idea’s and concepts were generated on a spreadsheet first. So I’d definitely recommend getting some use from this powerful feature.

Great stuff Peter and to help you see all these features and much, much more from yourself for FREE bet72 have teamed up with BetAngel to give you 7 days free access to the full professional version of Betangel, or you can take the first month for just £15, wow!

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