Execution Pitfalls
the ex5 will be deleted by moderators, and it is strict condition that only source codes will be allowed on the forum.
The report shows you things you can't see from your trade history alone.
Moderator, this is not self-promotion, trying to help other traders out there, this is free, here is the Ex5, as well as the Source code.
Interesting idea, I like the focus on measuring actual execution instead of just relying on backtests.
Quick question, how long does it usually take for the PDF/HTML report to be generated? I can imagine that depending on the EA or market conditions, some might take longer than others.
Also, just a thought (I could be wrong here), but if you upload it to the CodeBase (in mql5 https://www.mql5.com/en/code) as well, it might reach more people and be easier to find for others who could benefit from it.
Either way, appreciate you sharing this 👍
Unfortunately a one time snapshot does not mean much. You have to constantly monitor slippage and execution based on actual trading. There are wel documented cases where one of the "grade A" brokers mentioned in the source code put traders in the to screw over group.
You can monitor slippage and execution from the actual trading history (MT5 only) without the need for spending money on bogus trades with small lots which might not even reperesent anything close to actual trading. The tool can be downloaded here https://www.mql5.com/ru/code/18801 and explanation can be found here https://www.mql5.com/ru/blogs/post/748959
Unfortunately a one time snapshot does not mean much. You have to constantly monitor slippage and execution based on actual trading. There are wel documented cases where one of the "grade A" brokers mentioned in the source code put traders in the to screw over group.
You can monitor slippage and execution from the actual trading history (MT5 only) without the need for spending money on bogus trades with small lots which might not even reperesent anything close to actual trading. The tool can be downloaded here https://www.mql5.com/ru/code/18801 and explanation can be found here https://www.mql5.com/ru/blogs/post/748959
I will beg to differ here, if your TP and SL latency are not the same, then this is a disadvantage for you as the trader. This analyzer measures latency in execution from broker side as well.
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The report shows you things you can't see from your trade history alone.
Moderator, this is not self-promotion, trying to help other traders out there, this is free, here is the Ex5, as well as the Source code.