Pepperstone's horrible Slippage

Quoting mathTrader8

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You think pepperstone is a good broker? Think twice. They just use slippage as the trick since most people only check commission and spread.

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Quoting insomniawawa

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Proof please. I avoid all news releases and I have never had any problem. Of course small slippage is absolutely normal on real market.

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RefreshRates();
double bid=Bid;
Print("right before OrderSend ",bid); OrderSend(Symbol(),OP_SELL,0.01,bid, ...);
//replace bid with ask for OP_BUY

Quoting mathTrader8

Disliked

{quote} First, RefreshRates(); double bid=Bid; Print("right before OrderSend ",bid); OrderSend(Symbol(),OP_SELL,0.01,bid, ...); //replace bid with ask for OP_BUY Second, {image} Now, the price difference shown above is the "abnormal" slippage (since I eliminate external factors such as elapsed time and illiquidity with low latency and ultra-small lot). {image} Looking forward to constructive criticism.

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Quoting insomniawawa

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{quote} I think you were testing arbitrage EA and it wasn't fast enough to catch small movement. It's nothing uncommon that price changes rapidly due to large order sent by big player. Normally there's little slippage 0-0,3 pip. I made comparison between IC Markets and Pepperstone and usually results are very similar.

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Quoting mathTrader8

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{quote} No, it is not an arbitrage EA, and please notice the logic of inserted code snippet. It is purposedly designed to verify Abnormal Slippage for any kind of EA since the Print function was placed right before OrderSend function. Nothing else is in-between so EA as a whole just becomes completely irrelevant. The only logical claim here is to say that Ask(void), Print( ) and OrderSend( ) functions are not fast enough but this is also not true--if true, what's the point that we even bother to discuss here( and use MT4)? With due respect, I assume...

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Quoting timos

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A lot of these Australian brokers have the same template design...that alone smells to me... but I could be wrong. Back to topic, the slippage happened during normal trading or "Red" FF news?

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