slip page
Info
The slip page is a Script for MetaTrader 5 that during the execution, slippages induce non-system profit/loss. this script outputs the values of these slippages in the account currency.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Script works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Scripts folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use slip page
1. Installation: Move your script file into the MQL/Scripts directory and restart the platform.
2. Execution: Drag the script onto a chart; it will perform a one-time action, such as closing all open orders or clearing chart objects.
3. Editing: Use MetaEditor (F4) to modify code, click "Compile," and verify no errors appear in the terminal before running.
4. Removing: Scripts stop automatically, but you can remove them manually by right-clicking the chart and choosing "Remove Script."
Frequently Asked Questions
Q: How are scripts different from EAs? A: Scripts execute a single action and then stop; EAs monitor the market and trade continuously.
Q: Can I assign a hotkey to a script? A: Yes, right-click the script in the Navigator, select "Set Hotkey," and define your preferred keyboard shortcut.
Q: Why did my script stop? A: Scripts are designed to stop immediately after finishing their programmed command; this is normal behavior.
What this tool does
during the execution, slippages induce non-system profit/loss.
Typical Use Case
This Script excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Script works on MetaTrader 5. Place the file in the MQL5/Scripts folder and restart the terminal.
Description & Settings
Related: Cost and Slippage Sensitivity Analyzer - another powerful script for MetaTrader 5 traders.
during the execution, slippages induce non-system profit/loss.
Also recommended: Chart Changer Script for MetaTrader - similar script with strong performance on MetaTrader 5.
this script outputs the values of these slippages in the account currency.it is possible to evaluate the order execution of the trading system — contribution of slippages in its expected payoff.
in the "real ticks" mode, the tester executes both limit and tp orders with unrealistically high positive slippage. solving the problem if imaginary (inflated) backtest results, caused by this peculiarity of the mt5 tester, is possible by calling the following ontester and/or ondeinit
You may also like: Candlestick Statistics Calculation Tool - excellent alternative for script users on MetaTrader 5.
Source Code
#include <slippage.mqh>
void onstart(void)
{
::messagebox(slippage::getprofitdata().tostring(),::symbol()+" slippage");
return;
}
/*
double ontester( void )
{
return(slippage::ontesterbalance());.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.