True Slippage Monitor
- Utilitaires
- Version: 1.40
- Activations: 5
Overview
Slippage Execution Monitor is a utility panel designed for traders who require precise transparency regarding order execution quality. While traditional post-analysis tools rely on closed trading history where the initial click quote has already been lost, Slippage Execution Monitor captures the exact Bid/Ask prices locally at the very instant you send the order and benchmarks it against the broker fill price.
This allows you to accurately measure latency slippage, liquidity gaps, and quantify the exact financial impact of execution discrepancies in your account currency.
Key Features
Real-Time Click Auditing: Captures the requested quote immediately when the order is sent to uncover true execution slippage.
Integrated One-Click Trading Panel: Place manual market orders with custom lot sizes, Stop Loss, and Take Profit directly from the chart.
Fast Position Management: Includes full close and partial close buttons (50% position reduction) with slippage tracking during trade liquidation.
Pending & SL/TP Execution Analysis: Tracks deviations between the requested trigger price and actual fill for limit orders, stop orders, and Stop Loss/Take Profit hits.
P&L and Cost Calculation: Automatically converts slippage points into monetary cost or benefit according to tick size and contract value.
Historical CSV Logging: Every trade execution is automatically appended to an audit file located in your terminal directory (MQL5/Files).
Instant On-Chart Summary & Formatted Reports: Generate instant pop-up summaries and text reports at the click of a button.
Parameters and Settings
Maximum Allowed Deviation (Points): Maximum deviation tolerance passed to the broker during order dispatch (InpSlippageAllowed).
Default Lot Size: Pre-filled position volume in the trading panel. Automatically validated against the broker minimum/maximum lot parameters (InpDefaultLots).
Default Stop Loss (in Pips): Default Stop Loss distance in pips (InpDefaultStopLoss).
Default Take Profit (in Pips): Default Take Profit distance in pips (InpDefaultTakeProfit).
How to Use
Attach Slippage Execution Monitor to any chart (standard 4-digit, 5-digit, or metals/indices).
Ensure Allow Live Trading is checked in the Expert Advisor properties dialog.
Use the on-chart panel to set your volume, Stop Loss, and Take Profit.
Click BUY or SELL to execute the trade. The monitor will register the quote and write the benchmark to SlippageMonitor_Data.csv.
Click SUMMARY on the panel at any time for quick totals, or REPORT to generate a full breakdown in MQL5\Files\SlippageMonitor_Report.txt.
Slippage Execution Monitor is a utility panel designed for traders who require precise transparency regarding order execution quality. While traditional post-analysis tools rely on closed trading history where the initial click quote has already been lost, Slippage Execution Monitor captures the exact Bid/Ask prices locally at the very instant you send the order and benchmarks it against the broker fill price.
This allows you to accurately measure latency slippage, liquidity gaps, and quantify the exact financial impact of execution discrepancies in your account currency.
Key Features
Real-Time Click Auditing: Captures the requested quote immediately when the order is sent to uncover true execution slippage.
Integrated One-Click Trading Panel: Place manual market orders with custom lot sizes, Stop Loss, and Take Profit directly from the chart.
Fast Position Management: Includes full close and partial close buttons (50% position reduction) with slippage tracking during trade liquidation.
Pending & SL/TP Execution Analysis: Tracks deviations between the requested trigger price and actual fill for limit orders, stop orders, and Stop Loss/Take Profit hits.
P&L and Cost Calculation: Automatically converts slippage points into monetary cost or benefit according to tick size and contract value.
Historical CSV Logging: Every trade execution is automatically appended to an audit file located in your terminal directory (MQL5/Files).
Instant On-Chart Summary & Formatted Reports: Generate instant pop-up summaries and text reports at the click of a button.
Parameters and Settings
Maximum Allowed Deviation (Points): Maximum deviation tolerance passed to the broker during order dispatch (InpSlippageAllowed).
Default Lot Size: Pre-filled position volume in the trading panel. Automatically validated against the broker minimum/maximum lot parameters (InpDefaultLots).
Default Stop Loss (in Pips): Default Stop Loss distance in pips (InpDefaultStopLoss).
Default Take Profit (in Pips): Default Take Profit distance in pips (InpDefaultTakeProfit).
How to Use
Attach Slippage Execution Monitor to any chart (standard 4-digit, 5-digit, or metals/indices).
Ensure Allow Live Trading is checked in the Expert Advisor properties dialog.
Use the on-chart panel to set your volume, Stop Loss, and Take Profit.
Click BUY or SELL to execute the trade. The monitor will register the quote and write the benchmark to SlippageMonitor_Data.csv.
Click SUMMARY on the panel at any time for quick totals, or REPORT to generate a full breakdown in MQL5\Files\SlippageMonitor_Report.txt.
