What Should we fill in the "Deviation/Slippage" column for the copytrade?
okay, sorry for my mistake.
what should i filled in this "Deviation/Slippage" column? if let say my broker slippage differences with signal provider is 0.32 x 144..
okay, sorry for my mistake.
what should i filled in this "Deviation/Slippage" column? if let say my broker slippage differences with signal provider is 0.32 x 144..
The deviation/slippage setting defines the allowed difference in price between the signal provider and your account, that you are willing to take, but rarely works as it should.
Generally I advise to put this to max 5.0 if the signal provider uses a longer term strategy and the average profit is larger than 10 pips.
You should put it to a lower value (between 0.5 and 2) if the signal uses a scalping strategy with a small (under 5-6 pips) average profit.
The deviation/slippage setting defines the allowed difference in price between the signal provider and your account, that you are willing to take, but rarely works as it should.
Generally I advise to put this to max 5.0 if the signal provider uses a longer term strategy and the average profit is larger than 10 pips.
You should put it to a lower value (between 0.5 and 2) if the signal uses a scalping strategy with a small (under 5-6 pips) average profit.
oh okay,
thanks for your answer.
by the way, what does it means by slippage difference 0.32 x 144?
oh okay,
thanks for your answer.
by the way, what does it means by slippage difference 0.32 x 144?
It means that this broker server was used 144 times for copying this signal's positions with an average slippage of 0.32 points.
These values are only indicative.
Hi everyone,
as refer to the picture below, i had purchase a copytrade from signal area and when it come to fill up for the "Deviation/ Slippage" column, i not sure what is the numbers should i fill or pick?
what is the number should i filled up in the Deviation/Slippage column?
Thanks to anyone who can help in this. Much appreciated.