Overview

Advanced Settings give users finer control over how and when orders are routed, especially in fast or volatile markets. By tuning Slippage, Price & Time Tolerance, and TP Proximity, you ensure orders open only when market conditions align with your expectations.

These tools help avoid unfavorable entries, reduce unwanted re-entries, and improve discipline around indicator routing.

Slippage

Slippage defines how much price deviation you’re willing to accept between the indicator’s suggested entry and your broker’s actual routing price.

How it works

When the platform sends an order request, your broker compares:

• Desired entry price (from the indicator)

• Current market price

• Your allowed slippage

If the difference exceeds your slippage setting, the broker rejects the order.

Example

• Indicator entry price: 2650

• Actual current price: 2651

• Difference: 10 pips

• If slippage = 7 pips → broker rejects.

  

• If slippage = 11 pips → broker accepts and opens the order.

  

Why it matters

Slippage protects you from entering trades during sudden spikes, gaps, or liquidity drops.

But brokers only check the price once, which means even if the price comes back a moment later, the order is gone.

This is why we add an additional layer: Price and Time Tolerance.

Price and Time Tolerance

Price and Time Tolerance allows your strategy to wait for a more favorable entry if the market price initially deviates from the indicator’s entry.

How it works

You set:

1. Acceptable price tolerance (in pips)

2. Expiry time (ongoing monitoring window)

If the initial price is outside tolerance, the system keeps watching it.

If the price returns to your acceptable range within the expiry time, your order opens automatically.

Example

• Indicator entry price: 2650

• Price tolerance: 5 pips

• Current market price at arrival: 2657 (outside tolerance)

• Expiry time: 2 minutes

  

During monitoring:

• Price falls to 2649.5 → now within tolerance → order opens

  

Benefit

This avoids losing trades simply because the broker rejected the first attempt during a quick market spike.

TP Proximity

TP Proximity prevents entries when the market has already moved too close to the take profit levels during the tolerance monitoring window.

Why it exists

In volatile markets, price can hit or nearly hit TP1/TP2/TP3 seconds after the indicator arrives—then reverse.

Entering after this move is generally considered poor practice since part of the idea has already played out.

How it works

Within your Price & Time Tolerance expiry:

If price comes within X pips of the TP, the order is ignored completely.

Example

• TP proximity: 15 pips

• While monitoring price tolerance, the price moves near TP1.

• It reaches the TP1 level minus 15 pips.

• Even if price later returns to your acceptable entry range, the system will NOT open the trade.

  

Benefit

Your strategy avoids chasing trades that already ran their course.

Common Use-Cases

1. High-volatility pairs (e.g., XAU/USD)

Use moderate slippage + time tolerance to avoid missing good entries.

2. Slow-moving pairs (e.g., AUD/NZD)

Set narrow tolerance and low slippage to maintain precise entries.

3. Avoiding “after-TP” entries

Use TP Proximity to prevent entering when the move is almost complete.

Troubleshooting

Order never opens

• Slippage may be too small.

• Tolerance window may be too short.

• TP Proximity may have invalidated the entry.

Order opens at unwanted prices

• Slippage is set too high.

• Price Tolerance is too wide.

• Reduce expiry time to tighten routing conditions.

Order rejected instantly

• Broker-side slippage check failed before platform monitoring could begin.

FAQ

Q: Does Price and Time Tolerance replace Slippage?

No—Tolerance is handled first before sending the order to the broker; slippage works on the broker side.

Q: What happens if price never returns within tolerance?

The order is ignored once the expiry time ends.

Q: Does TP Proximity check all TP levels?

Yes—it checks proximity relative to the nearest take profit level.

Summary

Advanced Settings give you precise control over routing quality:

• Slippage protects you during volatility.

• Price & Time Tolerance keeps monitoring until conditions improve.

• TP Proximity prevents late or partially completed entries.

With these tools combined, you can align automated trade routing with your personal risk preferences and entry discipline.

📖 Read more here Mastering Price Tolerance, Time Tolerance, Slippage & TP Proximity in SageMaster