• Overview
  • Reviews (4)
  • Comments (15)
  • What's new

Slippage Monitor

4.75

This EA is designed to monitor the slippage of opening and closing orders, and save the records in files.

It is useful to record the slippage and evaluate brokers.

The record files are saved in the folder  MT4_Data_Folder\MQL4\Files.  Go to "File " --> "Open Data Folder" .

Warning: Do NOT open the files directly, otherwise it will affect the exectution of EA, just copy them to another folder and open them.


Usage:

  • Open a chart and load the EA on it, just need only one EA to run, it monitors all orders of all symbols.

Input:

  • Show in brief - If true, EA will show the latest 5 open/close slippage in point.
  • Record File Type - Select the file type: TXT or CSV.  I recommend TXT.

Example Open Slippage:  Slippage Monitor(60249928)-open.csv. It is the open slippage record.

Prior Time Ticket Symbol Type Lots Prior Price Open Price Slippage Open Time
2019.4.3 04:45 1546535151 CADCHF SEL 0.12 0.749 0.749 0 2019.4.3 04:45
2019.4.3 04:45 1546535168 AUDCHF SEL 0.14 0.70842 0.70845 3 2019.4.3 04:45
2019.4.3 04:48 1546535750 NZDJPY SEL 0.14 75.469 75.469 0 2019.4.3 04:48
2019.4.3 05:05 1546537773 GBPUSD BUY 0.1 1.31449 1.31449 0 2019.4.3 05:05
2019.4.3 05:30 1546538927 GBPCHF BUY 0.1 1.3119 1.31191 -1 2019.4.3 05:30

Note:

  • Prior Time -- It is the recorded time before order open
  • SEL -- It is the short for SELL
  • Prior Price -- It is the recorded price before order open
  • Open Price -- It is the real open price
  • Slippage -- It the difference in point between Prior Price and Open Price
  • for buy orders, Slippage = Prior Price - Open Price 
  • for sell orders,Slippage =  Open Price - Prior Price
  • Open Time -- The real open time.


Example Close Slippage:  Slippage Monitor(60249928)-close.csv. It is the close slippage record.

Prior Time Ticket Symbol Type Lots Prior Price Close Price Slip Point Prior Profit Close Profit Slip Money Close Time
2019.4.3 03:47 1546531016 USDJPY BUY 0.1 111.509 111.508 -1 3.14 3.05 -0.09 2019.4.3 03:47
2019.4.3 05:05 1546524103 GBPUSD BUY 0.12 1.3143 1.31431 1 16.56 16.68 0.12 2019.4.3 05:05
2019.4.3 05:05 1546514466 GBPUSD BUY 0.1 1.31439 1.31439 0 -5.3 -5.3 0 2019.4.3 05:05
2019.4.3 05:30 1546530240 GBPCHF BUY 0.12 1.31161 1.3116 -1 17.32 17.19 -0.13 2019.4.3 05:30
2019.4.3 05:30 1546514163 GBPCHF BUY 0.1 1.3116 1.3116 0 -5.81 -5.81 0 2019.4.3 05:30

Note:

  • Prior Time -- It is the recorded time before order close
  • SEL -- It is the short for SELL
  • Prior Price -- It is the recorded price before order close
  • Close Price -- It is the real close price.
  • Slip Point -- It is the slippage in point between Prior Price and Close Price.
  • for buy order close , Slip Point = Close Price - Prior Price , it is in point
  • for sell order close,  Slip Point = Prior Price - Close Price, it is in point.
  • Prior Profit -- It is the recorded profit before order close
  • Close Profit -- It is the real close profit.
  • Slip Money -- It is the slippage in money between Prior Profit and Close Profit. Slip Money = Close Profit - Prior Profit
  • Close Time -- It is the order's close time


  • Back Test:

    • You can do bact test to see how the EA works. See an example: Slippage Monitor Back Test
    • The record files are saved in the MT4_Data_Folder\test\files





    Reviews 4
    alpha1137
    123
    alpha1137 2024.05.30 16:14 
     

    using tool has worked really well simple direct and informative. has been great for my uses;not sure about user support never reached out though the expert is a free tool, does what it says and has benefitted me. good expert much appreciated

    Hatem Abou Ouf
    5281
    Hatem Abou Ouf 2021.10.18 16:03 
     

    nice tool, thanks

    Dominic Poirier
    386
    Dominic Poirier 2020.11.29 22:20 
     

    Very good utility.

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    Quick Panel
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    Ziheng Zhuang
    3.67 (3)
    This indicator is designed to show the pair power of the major 28 paris with RSI,Stochostic,and CCI. The power value is sorted from the weak to the strong. The weaker pairs: the pairs occurs at least 2 times in the top 3 rows The stronger pairs:   the pairs occurs at least 2 times in the bottom 3 rows Users can add another symbol, so it can calculate 28+1 symbols. My advice: https://www.mql5.com/en/blogs/post/729880 A free EA with Pair Power Matrix  ---  https://www.mql5.com/en/blogs/post/732
    The purpose of the inidcator is to identify the reversal point. The blue arrow is buy signal and the yellow star is its stop loss. The red arrow is sell signal and the yellow star is its stop loss. Alert feature: if there is a signal, the indicator will send alerts of  popup window,email or mobile push. Inputs: Popup Window Alert: it is false in default Email Alert : it is false in default Mobile Push Alert: it is false in default. MetaTrader 5 Version: Reversal Point Please note that the singa
    The indicator includes two parts. Part I: Color Candles Show the Major Trend Color candles is to identify the market state by color candlesticks. As shown in the screenshots, if the color is Aqua, the market is in a state when you should place long orders or exit short orders. If the color is Tomato, it is the time to place short orders or exit long orders. If the color is changing, it is better to wait for its completion (until the current bar is closed). Part II: Draw bands The inner bands is
    Note: This EA only works on Hedging account. The MetaTrader 4 version Quick Panel Pro Features Calculating lots is easy and fast: move the StopLine, the calculation is processed immediately Most trading operations can be quickly made by clicking the button on these panels. Changing panels is quick just by clicking the green button. Click the mouse to quickly modify the stop loss and take profit (cannot be used for backtesting) Show the average price on a yellow-background panel and draw the lin
    Note: This EA only works on Hedging account. The MetaTrader 4 version Quick Panel This Panel is an Expert Advisor, which provides six groups of trading panel. Features Most trading operations can be quickly made by clicking the button on these panels. Changing panels is quick just by clicking the green button. The EA can run on visual chart on the strategy tester, which provides an easy method to practice trading on history data. Click the mouse to quickly modify the stop loss and take profit
    Gamma Bands   This indcator shows the trend with the color histogram. It is simple and easy to use. Usage: If the histogram changes from the aqua to the fuchsia, which means the trend is up. If the histogram changes from the fuchsia to the aqua,which means the trend is down. Inputs: MaPeriods: the periods of moving average. f1: the multiplier of inner bands f2: the multiplier of outer bands   Popup Window Alert Email Alert Mobile Push Alert Alerts When the trend changes for the long trend to the
    The purpose of the inidcator is to identify the reversal point. The blue arrow is buy signal and the yellow star is its stop loss. The red arrow is sell signal and the yellow star is its stop loss. Please note that the singal is against trend,it could be continual fail. Alert feature: if there is a signal, the indicator will send alerts of  popup window,email or mobile push. Inputs: Popup Window Alert: it is false in default Email Alert : it is false in default Mobile Push Alert: it is false in
    This EA provides the following functions: Open a position: When the price crosses the trend line, open a long or short order Closing: When the price crosses the trend line, close the long or short position Trailing stop loss: EA will continue to increase the stop loss of long orders or lower the stop loss of short orders along the trend line. The line can be a trend line or a horizontal line,       Trend lines can be rays or line segments. Line segments have a special function, which is to only
    This Expert Advisor is an One-click trading panel for multi pairs. Click   OPEN   button to open orders for the selected pairs. Click   CLOSE   button to close orders for the selected pairs. The lots of order is the number entered by users.The positive number is for buy order and the negative is for sell order. Click  CLOSE  button is to close the whole order ,instead of partial close.Close action has nothing to do with the number of lots. Set the input Magic Number to 0, the EA can close manua
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    alpha1137
    123
    alpha1137 2024.05.30 16:14 
     

    using tool has worked really well simple direct and informative. has been great for my uses;not sure about user support never reached out though the expert is a free tool, does what it says and has benefitted me. good expert much appreciated

    youthoughtitwasbadbefore
    14
    youthoughtitwasbadbefore 2024.05.22 10:14 
     

    So far so good.

    Hatem Abou Ouf
    5281
    Hatem Abou Ouf 2021.10.18 16:03 
     

    nice tool, thanks

    Dominic Poirier
    386
    Dominic Poirier 2020.11.29 22:20 
     

    Very good utility.

    Reply to review
    Version 3.10 2021.10.18
    Code Optimization.
    Version 3.0 2021.10.18
    Code Optimization.
    Version 2.0 2019.06.26
    Optimize code
    Version 1.10 2019.04.06
    Code Optimization.