Ever placed a perfect trade… but the entry triggered way off the expected price?


Yeah, that’s slippage—and it’s costing you pips. Whether you’re scalping or running EAs, even a few points of slippage can ruin your edge. That’s exactly why the MR MT4 Sliping Indicator was developed—to monitor, detect, and prevent slippage in real time right inside your MetaTrader 4 platform.


Best part? It's 100% free and ready for download at ForexFactory.cc.



Overview


The MR MT4 Sliping Indicator is a simple but powerful tool designed to track order execution precision and highlight slippage events. It's ideal for traders using Expert Advisors, scalpers who need tight entry points, or anyone wanting transparency in broker execution.


Created and tested by the YoForex team, this tool works as a background monitor for every order you place—buy, sell, stop, or limit. The indicator logs requested price vs actual execution price, shows it on-screen, and alerts you if slippage crosses a defined threshold.


With MR Sliping, you're no longer flying blind—you’ll see what your broker actually delivers in terms of price action.




Key Features


• Tracks entry and execution prices side-by-side
• Displays real-time slippage info on chart
• Color-coded alerts for acceptable vs excessive slippage
• Compatible with manual trading and Expert Advisors
• Works with all brokers (ECN, STP, market makers)
• Set your own max acceptable slippage level
• On-screen dashboard for live slippage tracking
• Lightweight .ex4 file – minimal MT4 lag
• Adjustable font size, colors, and positioning
• Free lifetime updates from YoForex team
• 100% FREE on ForexFactory.cc



How It Works


MR MT4 Sliping Indicator acts like a watchdog for your trade entries.


Here’s what it does step-by-step:




  1. You place a trade (manual or EA-based).




  2. The indicator logs the requested entry price.




  3. As soon as the broker executes, it records the filled price.




  4. It instantly calculates the slippage (in pips).




  5. If the slippage is over your defined tolerance (say, 1 pip), it shows an alert and marks the chart.




This helps you:




  • Spot bad broker execution




  • Optimize EA entry settings




  • Adjust stop/limit orders based on latency patterns




Whether you're optimizing high-frequency EAs or just want a clearer view of execution quality, MR Sliping Indicator gives you a serious edge.



Use Case Examples




  • Scalping EURUSD on M1? See if your broker’s really giving you those sub-pip entries.




  • Running EAs overnight? Track slippage during rollover times.




  • Manual news trader? Know exactly how much you lost to slippage on NFP days.






 


Installation & Setup


Installing the MR MT4 Sliping Indicator is super simple:




  1. Download the file from the official page:
    ???? MR MT4 Sliping Indicator – ForexFactory.cc




  2. Open MT4, go to File > Open Data Folder




  3. Paste the .ex4 file into:
    MQL4 > Indicators




  4. Restart MT4. It will now show in the Navigator Panel under Indicators.




  5. Drag it onto any chart and adjust settings like:






  • Max allowed slippage (in pips)




  • Display location on chart




  • Alert on/off




  • Log to file option




 


 

 



Why Trust YoForex Tools?


YoForex isn’t just tossing random code onto the internet. Their tools are:




  • Thoroughly tested on real and demo accounts




  • Designed by traders for traders




  • Updated regularly based on community feedback




  • 100% malware-free and lightweight




  • Free to download—always!




 


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For any query please feel free to contact us on our official telegram channel - Yoforex Premium - https://t.me/+V6Nr5sRZVr4xYzdl