“Deviation” is commonly referred as “Slippage” in the financial market.

“Slippage” occurs when there is no enough liquidity in the financial market to execute your order.

For example, when the liquidity is thin, there may be no available counter-order for your order to be executed.

In this case, your order will find another closest available market price with enough liquidity and try to execute itself.

In the above “Slippage” situation, your order will be executed at another market price though, you can limit the maximum slippage amount in your trading account by setting up the maximum “deviation”.

The maximum deviation amount can be set for market orders, pending orders and also orders executed by signal providers from MQL5 Community.

By setting up the maximum deviation/slippage amount, your orders won’t be executed if the slippage amount is bigger than the amount you have set.

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