Slippage ?

[Trader199]

Hello
I have question about automated trading on N8 platform:
In properties, I saw historical fill processing contain (Slippage)
My strategy is using pending orders.

The question is.
When I trade on the real account or demo account, Will this (Slippage) work with the pending orders that my strategy will place?

Maybe you mean that (Slippage) works only on back test?
What is correct?
Thank you

[Trader199]

Is there any update ?
I need an answer please

[JakeOfSpades]

Hi Trader199,

Slippage (in ticks) only applies to backtests and simulation runs. If running with real money then your fill price is dependent on the market.

So if you set slippage to 1, in your backtest if you submit an order it will get filled 1 tick against you and so forth.

---

I build useful software systems for financial markets
Generate automated strategies in NinjaTrader : www.stratgen.io

[Trader199]

Hi Trader199,

Slippage (in ticks) only applies to backtests and simulation runs. If running with real money then your fill price is dependent on the market.

So if you set slippage to 1, in your backtest if you submit an order it will get filled 1 tick against you and so forth.

---

I build useful software systems for financial markets
Generate automated strategies in NinjaTrader : www.stratgen.io

Thank you for your answer
Well, now I made sure that slippage only works on the backtest, but I also want it to work on my real account
So, can I add parameter (slippage) to my own automated strategy by the programmer, Is this possible?

[JakeOfSpades]

Thank you for your answer
Well, now I made sure that slippage only works on the backtest, but I also want it to work on my real account
So, can I add parameter (slippage) to my own automated strategy by the programmer, Is this possible?

Yes you can add your own parameter if you'd like through the code (Ninjascript), what's your intention?

---

I build useful software systems for financial markets
Generate automated strategies in NinjaTrader : www.stratgen.io

[NinjaTrader_ChelseaB]

Hello Trader199,

Slippage applies to historical market orders only (backtest). This does not apply to real-time market orders on the Sim101 or with a live connected account.

In real-time, market orders are filled by market dynamics. Slippage is the amount of price change from when an order is submitted to when it fills. The further you are from thee brokerage servers, or the higher the latency on the internet connection, the longer it will take for orders to be transmitted from your local computer to the brokerage, and the higher change the price may have changed in that time.

The Sim101 orders are filled locally without travelling through the internet and generally cannot be affected by slippage, unless the market is moving extremely fast. However, orders to a live demo would likely be affected the same as a live order to a funded account with the same brokerage.

Unfortunately, there are no supported ways to change the fill price of an order as this is handled either by market dynamics or the simulation engine. In the logic you can wait to submit an order until a tick, second, or bar later if you wanted.