slippage and

 

Hi fellows,

Can anyone explain the meaning of slippage and also moving average applied price to me?thanks.

 

Slippage is how many pips "error" you allow in the opening price. You want to buy at 1.5000 with slippage of 5, you are willing to buy at 1.5000-1.5005

Applied price is the value used to calculate the indicator.

https://docs.mql4.com/constants/prices

Reason: