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MT5 slippage: how to measure execution quality in a trading journal
Slippage is the difference between expected and executed prices. A journal helps separate execution costs from decision mistakes.
How to measure it
Record order time, requested price, fill price, order type, symbol, spread and commission. If the requested price is unavailable, do not invent it. Stop and limit orders face different execution mechanics.
Journal review checklist
Compare similar instruments and sessions rather than blaming every difference on the broker. Record order time, requested price, fill price, order type, symbol, spread and commission. If the requested price is unavailable, do not invent it. Stop and limit orders face different execution mechanics.
What to avoid
Compare similar instruments and sessions rather than blaming every difference on the broker. Slippage is the difference between expected and executed prices. A journal helps separate execution costs from decision mistakes.
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Compare your journal data, read the Blog guides and explore the available tools at https://disciply.it/trading-tools/.
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