Slippage

Created at 03 Dec 2019, 22:31
How’s your experience with the cTrader Platform?
Your feedback is crucial to cTrader's development. Please take a few seconds to share your opinion and help us improve your trading experience. Thanks!
DR

Drummond360

Joined 22.12.2017

Slippage
03 Dec 2019, 22:31


Hi,

I can't find anything in the API regarding slippage. All slippage related posts on this forum are pretty old with broken links.. Does cTrader still allow us to set a limit for slippage?

Many thanks, 

 


@Drummond360
Replies

ClickAlgo
03 Dec 2019, 22:57

Hi, Drummond,

I am pretty sure this has been documented, but it may be a little outdated due to many new features being added to the platform lately, take a look at the link below which covers the latest build of cTrader, the method you are looking for is ExecuteMarketRangeOrder.

https://clickalgo.com/ctrader-market-orders

Paul Hayes
Sales & Marketing
Emailcontact@clickalgo.com
Phone: (44) 203 289 6573
Websitehttps://clickalgo.com

Twitter | Facebook | YouTube | Pinterest | LinkedIn

PS: Why not join our instant chat group on Telegram or visit our YouTube Channel


@ClickAlgo

Drummond360
04 Dec 2019, 13:17

RE:

ClickAlgo said:

Hi, Drummond,

I am pretty sure this has been documented, but it may be a little outdated due to many new features being added to the platform lately, take a look at the link below which covers the latest build of cTrader, the method you are looking for is ExecuteMarketRangeOrder.

https://clickalgo.com/ctrader-market-orders

Paul Hayes
Sales & Marketing
Emailcontact@clickalgo.com
Phone: (44) 203 289 6573
Websitehttps://clickalgo.com

Twitter | Facebook | YouTube | Pinterest | LinkedIn

PS: Why not join our instant chat group on Telegram or visit our YouTube Channel

That's great thank you Paul, much appreciate...

 

Using ExecuteMarketRangeOrder seems a bit limiting to me, what if the re-quote is favourable? Am I correct in thinking that setting a range prevents the slippage for both negative and positive outcomes??!?!

 

Ideally we would simply state that if the re-quote goes against us we don't wish to place the order...?


@Drummond360

ClickAlgo
04 Dec 2019, 13:50

RE: RE:

I think this would be a question for Spotware or your broker, sorry, I am unsure of the answer on this one.


@ClickAlgo

Drummond360
04 Dec 2019, 22:50

RE: RE: RE:

ClickAlgo said:

I think this would be a question for Spotware or your broker, sorry, I am unsure of the answer on this one.

No worries Paul, thank you again for your help, fingers crossed Panagiotis and co will post an answer... Hope you're well...


@Drummond360

Drummond360
11 Dec 2019, 11:04

RE: RE: RE: RE:

Drummond360 said:

ClickAlgo said:

I think this would be a question for Spotware or your broker, sorry, I am unsure of the answer on this one.

No worries Paul, thank you again for your help, fingers crossed Panagiotis and co will post an answer... Hope you're well...

 

 

I guess I'll just use a limit order with an immediate execution as this would be honoured at the target price or better, right?

var targetPrice = Symbol.Bid


@Drummond360

PanagiotisCharalampous
11 Dec 2019, 11:19

Hi Drummond360,

Sorry somehow missed this thread. I thought Paul was in control :) ExecuteMarketRangeOrder limits only negative slippage. It is equivalent to a limit order executed at the range price.

Best Regards,

Panagiotis


@PanagiotisCharalampous