Tired of unexplained losses or weird trade entries that don’t match your charts? Yeah, you might be a victim of broker slippage—and you wouldn’t even know it unless you were actively tracking it.

That’s where the MR MT4 Sliping Indicator comes in.

This tool is a must-have if you suspect your broker isn't giving you the execution they claim they are. It tracks and displays slippage in real time so you can verify how much difference (in pips) there was between your requested price and your broker's filled price.

Let’s be real—most MT4 traders don’t monitor slippage at all. That’s a mistake. Because slippage affects profits. Big time.

The good news? The MR Sliping Indicator is lightweight, easy to use, and 100% free, thanks to YoForex.

Overview

The MR MT4 Sliping Indicator is designed for traders who want to stay on top of their execution quality. Whether you're scalping, swing trading, or running EAs, this tool gives you live feedback on whether your broker is slipping your trades... and by how much.

It works directly in MetaTrader 4 by tracking your order history and calculating the slippage in pips between the expected open price and the actual filled price. Every time a trade is opened or closed, the indicator records the slippage and displays it in a simple overlay or report.

Built by YoForex's indicator dev team, this tool doesn't repaint, doesn't lag, and doesn’t interfere with your charts. It just quietly does its job—monitoring your execution so you know the truth behind your trades.

Key Features

• Tracks real-time slippage (positive & negative)
• Calculates average, max, and current slippage
• Works on all brokers & instruments (forex, indices, crypto, metals)
• Easy overlay with adjustable chart display
• Lightweight script – no performance drag
• Helps assess broker honesty & execution quality
• Perfect for EA users to audit trade entries
• No repaint, no false signals
• Fully customizable font, color, and size
• Doesn’t interfere with indicators or EAs
• 100% free from YoForex!

 

Why Slippage Tracking Matters

Slippage is when the broker executes your trade at a different price than what you expected. It happens due to delays, liquidity gaps, or even manipulation.

Here’s the kicker:
If you’re scalping or using tight SL/TP strategies, even 1–2 pip slippage can turn a winning trade into a loss. Over 100s of trades? It adds up fast.

By using MR Sliping Indicator, you can:

✅ Switch to a better broker if slippage is consistently high
✅ Adjust your EAs or SL buffers accordingly
✅ Keep records for disputes with your broker
✅ Know when the market conditions (like news) are affecting execution

Live Use Case Example

Trader "A" was using a breakout EA during the London session.
He noticed his bot’s results were inconsistent even though backtests looked solid. After adding MR MT4 Sliping Indicator, he realized his broker was slipping entries by 4–6 pips on average—especially during news.

He switched to an ECN broker, and his EA performance immediately improved. Profits stabilized. Mystery solved.

Image 1 – Slippage Display Overlay on EURUSD M15 Chart
Alt text: Screenshot showing MR MT4 Sliping Indicator showing slippage in pips during live EURUSD trade

How to Install & Use

Installation Steps:

  1. Download MR Sliping Indicator from MQL5.software

  2. Open MT4 → Go to File → Open Data Folder

  3. Navigate to MQL4/Indicators

  4. Paste the .ex4 file

  5. Restart MetaTrader 4

  6. Attach indicator to any chart

Setup Recommendations:

  • Set display corner to Top-Right

  • Use color: Red for negative slippage, Green for positive

  • Font size: 12–14

  • Use on demo first, then live

Image 2 – MT4 Indicator Settings Panel (annotated)
Alt text: Configuration panel showing MR Sliping Indicator input settings

YoForex Commitment

At YoForex, we believe in transparency. That’s why tools like the MR Sliping Indicator are part of our free library—because traders deserve the truth about their trades. No BS. No paywalls.

We provide 100% free access to bots, indicators, and support so you can focus on trading.

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Support & Disclaimer

Need help installing or customizing the indicator?

• Telegram Support: https://t.me/yoforexrobot
• WhatsApp: https://wa.me/+443300272265

Disclaimer:
This tool is informational only. It doesn’t predict price movement or offer trade signals. Always confirm findings with your broker. MT4 slippage display depends on accurate broker data feeds.

Final Words & Download Link

Think your broker’s playing dirty? Stop guessing.

???? Download MR MT4 Sliping Indicator now and start tracking your trade executions in real-time.

Slippage is sneaky—but with the right tools, you stay one step ahead.

YoForex – empowering traders worldwide, one free tool at a time.

 

 

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