Back and Lay Dutching on specified favourites with a target profit
Description
This example is an extension of the standard Auto-Dutching tool of MarketFeeder Pro. While this tool solves the majority of tasks related to Dutching, you may want to further tune it up, so a trigger will be a better solution.
So in this example we choose the number of favourites we want to bet on, in the percentage of the field. For example, 50% stands for the half of the market's runners, 30% - for the first third of the market runners and so on.
Then we stipulate that the minimum amount offered on each selection we'll be betting on (or against) should be no less than the value specified. This is some insurance against unmatched bets (although no guarantees).
Finally we fix a target profit for the Dutching.
Triggers
There are two triggers in the file - one for Back Dutching and another for Lay Dutching. Note that the laying trigger will lay on the opposite part of the field, to generate profit on the chosen selections (this is the way Lay Dutching works). Make sure you only activate one of those triggers.
Use the constants to adjust the parameters of the Dutching.