Slippage Monitor

4.8

This EA is designed to monitor the slippage of opening and closing orders, and save the records in files.

It is useful to record the slippage and evaluate brokers.

The record files are saved in the folder  MT4_Data_Folder\MQL4\Files.  Go to "File " --> "Open Data Folder" .

Warning: Do NOT open the files directly, otherwise it will affect the exectution of EA, just copy them to another folder and open them.


Usage:

  • Open a chart and load the EA on it, just need only one EA to run, it monitors all orders of all symbols.

Input:

  • Show in brief - If true, EA will show the latest 5 open/close slippage in point.
  • Record File Type - Select the file type: TXT or CSV.  I recommend TXT.

Example Open Slippage:  Slippage Monitor(60249928)-open.csv. It is the open slippage record.

Prior Time Ticket Symbol Type Lots Prior Price Open Price Slippage Open Time
2019.4.3 04:45 1546535151 CADCHF SEL 0.12 0.749 0.749 0 2019.4.3 04:45
2019.4.3 04:45 1546535168 AUDCHF SEL 0.14 0.70842 0.70845 3 2019.4.3 04:45
2019.4.3 04:48 1546535750 NZDJPY SEL 0.14 75.469 75.469 0 2019.4.3 04:48
2019.4.3 05:05 1546537773 GBPUSD BUY 0.1 1.31449 1.31449 0 2019.4.3 05:05
2019.4.3 05:30 1546538927 GBPCHF BUY 0.1 1.3119 1.31191 -1 2019.4.3 05:30

Note:

  • Prior Time -- It is the recorded time before order open
  • SEL -- It is the short for SELL
  • Prior Price -- It is the recorded price before order open
  • Open Price -- It is the real open price
  • Slippage -- It the difference in point between Prior Price and Open Price
  • for buy orders, Slippage = Prior Price - Open Price 
  • for sell orders,Slippage =  Open Price - Prior Price
  • Open Time -- The real open time.


Example Close Slippage:  Slippage Monitor(60249928)-close.csv. It is the close slippage record.

Prior Time Ticket Symbol Type Lots Prior Price Close Price Slip Point Prior Profit Close Profit Slip Money Close Time
2019.4.3 03:47 1546531016 USDJPY BUY 0.1 111.509 111.508 -1 3.14 3.05 -0.09 2019.4.3 03:47
2019.4.3 05:05 1546524103 GBPUSD BUY 0.12 1.3143 1.31431 1 16.56 16.68 0.12 2019.4.3 05:05
2019.4.3 05:05 1546514466 GBPUSD BUY 0.1 1.31439 1.31439 0 -5.3 -5.3 0 2019.4.3 05:05
2019.4.3 05:30 1546530240 GBPCHF BUY 0.12 1.31161 1.3116 -1 17.32 17.19 -0.13 2019.4.3 05:30
2019.4.3 05:30 1546514163 GBPCHF BUY 0.1 1.3116 1.3116 0 -5.81 -5.81 0 2019.4.3 05:30

Note:

  • Prior Time -- It is the recorded time before order close
  • SEL -- It is the short for SELL
  • Prior Price -- It is the recorded price before order close
  • Close Price -- It is the real close price.
  • Slip Point -- It is the slippage in point between Prior Price and Close Price.
  • for buy order close , Slip Point = Close Price - Prior Price , it is in point
  • for sell order close,  Slip Point = Prior Price - Close Price, it is in point.
  • Prior Profit -- It is the recorded profit before order close
  • Close Profit -- It is the real close profit.
  • Slip Money -- It is the slippage in money between Prior Profit and Close Profit. Slip Money = Close Profit - Prior Profit
  • Close Time -- It is the order's close time


    • Back Test:

    • You can do bact test to see how the EA works. See an example: Slippage Monitor Back Test
    • The record files are saved in the MT4_Data_Folder\test\files





    Reviews 5
    Dimitri Nepomniachtchi
    5788
    Dimitri Nepomniachtchi 2025.10.19 22:30 
     

    Excellent. Very helpful.

    alpha1137
    123
    alpha1137 2024.05.30 16:14 
     

    using tool has worked really well simple direct and informative. has been great for my uses;not sure about user support never reached out though the expert is a free tool, does what it says and has benefitted me. good expert much appreciated

    Hatem Abou Ouf
    5326
    Hatem Abou Ouf 2021.10.18 16:03 
     

    nice tool, thanks

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    Filter:
    Dimitri Nepomniachtchi
    5788
    Dimitri Nepomniachtchi 2025.10.19 22:30 
     

    Excellent. Very helpful.

    alpha1137
    123
    alpha1137 2024.05.30 16:14 
     

    using tool has worked really well simple direct and informative. has been great for my uses;not sure about user support never reached out though the expert is a free tool, does what it says and has benefitted me. good expert much appreciated

    youthoughtitwasbadbefore
    14
    youthoughtitwasbadbefore 2024.05.22 10:14 
     

    So far so good.

    Hatem Abou Ouf
    5326
    Hatem Abou Ouf 2021.10.18 16:03 
     

    nice tool, thanks

    Dominic Poirier
    388
    Dominic Poirier 2020.11.29 22:20 
     

    Very good utility.

    Reply to review