Is it possible to get Slippage calculation populated for actual orders placed and actual orders traded? this would be very useful for users to understand the slippage % and fine tune their strategies.
Slippages is dynamic and depends on market conditions. You may get 1% slippage today, tomorrow may be it is 2% or 4% .
If you want to calculate slippages, you need to place real orders and at same time capture the best bid/ask and compare it with executed price. The method which we use to calculate slippages is as follows.
We will run a simple level breakout strategy in one sheet with paper mode and same strategy in another sheet with live mode. Both will have exact symbols/configuration, so orders will get triggered at same time. We calculate PnL difference of Paper and Live Trade, and calculate slippage.
Currently there is no function to check this.
Slippages is dynamic and depends on market conditions. You may get 1% slippage today, tomorrow may be it is 2% or 4% .
If you want to calculate slippages, you need to place real orders and at same time capture the best bid/ask and compare it with executed price. The method which we use to calculate slippages is as follows.
We will run a simple level breakout strategy in one sheet with paper mode and same strategy in another sheet with live mode. Both will have exact symbols/configuration, so orders will get triggered at same time. We calculate PnL difference of Paper and Live Trade, and calculate slippage.
Many thanks for your reply