I'm using different EA's for trades it's possible large sizing trades face more slippage compare to small size?
Thanks for your repay and experience
Yes of course.
Do you understand what a trade is ?
See : The Process of Selling and Buying. Slippage. The Concept of Liquidity
Then what is solution with same broker I need multi accounts to split funds with this process lot sizing will be reduce ?
Can you please measure what is normal trade size in Forex for less slippage?
Yes, if your order is so big that no counter-side can fulfill, your bidding (in general, not the "bid" in financial market) price has to become "worse" .Graphically speaking, you just "eat up" all the middle part of market depth chart.
However, this is not the same meaning to which we normally refer "slippage". Slippage usually refers to cheating conducted by market makers.
(please do not waste time to set the slippage in OrderSend() ...you get it ;-)
Let's say we have a broker with STP/ECN model instead of Market Maker then in forex what is a normal trade size which gets less slippage i.e
.01 to .25 less slippage
.25 to .50 normal slippage
.50 to .99 more slippage
can we set these figures for trading?
Print("right before OrderSend ",bid);
//replace Bid with Ask for OP_BUY
Please go to the "Experts" tab in "Terminal", looking for lines similar to the following:
Now, the price difference is the abnormal slippage to (since I have eliminated external factors such as latency and illiquidity with really small lot and low latency).
(I would not opt for an arbitrary threshold to dichotomize whether the slippage is normal or not).
Looking forward to constructive criticism.
It really depends on market conditions, but you shouldn't be getting much slippage on ECN with less than one lot.