Slippage parameter in OrderSend

Hi,

From the documentations, my understanding of slippage parameter is that it only applies to buy/sell order, it doesn't apply to pending orders such as buystop/sellstop orders ,am I right? because my pending orders will have much bigger slippages if placed around news release, if the parameter works then pending orders should not be triggered due to bigger slippages... but all of them are triggered with bigger slippages...

this is what i am trying to figure out also. i'm wondering how does the slippage parameter in OrderSend() works.

does it only apply to market orders? or can it apply to stop limit orders as well?

hopefully someone can enlighten me on this.

well to answer your question above. u can use other platforms, mainly a multi-broker platform or broker of broker platform which allow you to place buy stop limit orders, in this way it effectively achieve your intent of limiting the slippage by let's say 3 pips if u set it at 3 pips.. i think currennex platform can do it, ebs as well

i don't think banks platform provide what u need... i'm not very sure, used a few, and none provided that function.

rootkit –
Your understanding is correct according to the documentation here
http://book.mql4.com/trading/ordersend

And a thread here that goes into some detail.
http://forums.babypips.com/newbie-is...rders-mt4.html