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View Full Version : Need some input on a trade script


Aheib
10-20-2002, 05:31 AM
At this moment, most, if not all, of the trading scripts out there use a time term of 24 hours (or 23) to calculate the value of a trade.
Based on the las 24 hours the in / out ratio is calculated, the prod ratio is calculated, etc.
I was thinking, if people would appreciate it if this 24 hour term became an 48 hour term, or even more.
This way, you have a more stable number of the value of the trade. And since ratios are relative numbers, instead of absolute ones, it won't be a bad thing for new trades...

The only downside I can think about right now is that if someone cancels a trade, you won't really know for an extra 24 hours.
(thanks Aus)
For that, I want to include a system that puts the trade on hold if no hits in were received for X amount of hours (to be defined by the user)... This included with an extra in / our ratio for the last hour should make it bulletproof

Anyway, how about it?

hornybabez
10-20-2002, 05:33 AM
yes i t sounds good mate but its like you sade if somebody deletes the trade it will take 24 hours before you know and if thats a "big" trade it acn do some serious damage to you site until you find out :bounce:

Aheib
10-20-2002, 05:39 AM
heh, read again dude, I explained how to overcome that...
The point of using an 48 hour term (96 if you want) is to
get a more representative number of the value of the trade....
And you won't kill a trade if the other guys server went down for an hour or two

BIGTYMER
10-20-2002, 06:25 AM
It is a nice idea. It is all about the options. I like my 24 hour setup.

BT

Sandy
10-20-2002, 06:38 AM
Yeah, I like it to. You can judge a trade much better on a 48 hour period!

Heinz
11-18-2002, 12:43 PM
The 48hours stats would be a nice feature for a script.

The other feature sounds to me similar to the triggers of traffic-drive.

Sureal
11-18-2002, 12:55 PM
Its all about the numbers, the more you have the better idea about your trade you will have...

uproared
11-18-2002, 06:44 PM
It sounds good. It could stabalise trades quite nicely.

Cheers
Uproared