What is slippage

 

Is there any body tell me exactly what is slippage

 
atsy:

Is there any body tell me exactly what is slippage

Slippage is the difference (in points or pips) from the level that a trade is supposed to be opened, from the price that is actually opened, due to market/price fluctuation.

In the Slippage tab of MQL5 Signals for example this price difference is in points.

 
Eleni Anna Branou:

Slippage is the difference (in points or pips) from the level that a trade is supposed to be opened, from the price that is actually opened, due to market/price fluctuation.

In the Slippage tab of MQL5 Signals for example this price difference is in points.

Hi Eleni How are you.

When I wand to use ORDERSEND, (command) , what is the best value for slippage.

I think this is important for pending order not important for live by/sell

Is it correct

 
atsy:

Hi Eleni How are you.

When I wand to use ORDERSEND, (command) , what is the best value for slippage.

I think this is important for pending order not important for live by/sell

Is it correct

I can't help you there, maybe a coder can.

 
Eleni Anna Branou:

I can't help you there, maybe a coder can.

tanx alot my dear

 
atsy:

Hi Eleni How are you.

When I wand to use ORDERSEND, (command) , what is the best value for slippage.

I think this is important for pending order not important for live by/sell

Is it correct

Hi,

It depends on how well your strategy will tolerate entry far from the main entry point.

Reason: