Introduction

What is Smart Execution?

Brokeret Smart Execution is a native C++ MT5 Server Plugin that automatically applies configurable slippage to trades closed within a time threshold. It runs inside the MT5 Trade Server process and monitors deals via the Server API.

Use it to manage execution quality, discourage scalping/latency arbitrage, and protect broker margins on fast-closed trades.

How It Works

A trader closes a position
MT5 fires OnDealPerform with ENTRY_OUT
The plugin calculates the hold duration (close time minus open time)
If the hold is under threshold (e.g. 120 seconds):
- Finds the matching rule (account rules first, then group rules, highest priority wins)
- Checks filters (profitable only, min profit, min volume, symbol)
- Calculates slippage based on the rule mode
- Adjusts the close price and recalculates profit
- Logs the action
If the hold is above threshold — the trade passes through untouched

┌─────────────────────────────────────────────────────────┐
│                    MT5 Trade Server                      │
│                                                         │
│  Trader closes BUY EURUSD after 38 seconds              │
│      │                                                  │
│      ▼                                                  │
│  OnDealPerform → held < 120s? → Apply 1.5 pips slippage │
│  Close price: 1.08530 → 1.08515                        │
│  Profit: $300 → $150 (captured $150)                    │
└─────────────────────────────────────────────────────────┘

Position	Close Action	Slippage Direction	Effect
BUY	SELL to close	Lower close price	Less profit / more loss
SELL	BUY to close	Raise close price	Less profit / more loss

Rule System

Rules are evaluated in priority order: Account → Group. The first match wins.

Account rules — Target specific logins (highest priority, always overrides group rules)
Group rules — Target MT5 groups with wildcard support (e.g. real\retail\*)
Within the same scope, higher priority number wins
Symbol filter is checked during selection — non-matching rules are skipped with fallback to the next rule

Slippage Modes

Mode	Description
`fixed_pips`	Fixed pips or points applied to every fast trade
`percent_profit`	Percentage of profit captured (works on all instruments)
`scaled_time`	Graduated slippage — faster trades get heavier slippage

Pips vs Points

Pips — Automatically adjusted based on symbol digits (1 pip = 10 points for 5/3-digit symbols)
Points — Raw price points (smallest price increment for the symbol)

Scaled Time Example

Tier	Duration	Slippage
1	0–30 seconds	3.0 pips
2	30–60 seconds	2.0 pips
3	60–120 seconds	1.0 pips
4	120+ seconds	0 (no action)

Key Features

Group and Account Targeting — Rule-based targeting with wildcard support and priority fallback
Three Slippage Modes — Fixed pips/points, percent of profit, or time-scaled
Symbol-Aware Matching — Rules can target specific symbols with automatic fallback
Whitelisting — Exempt specific accounts or entire groups from slippage
PNL Tracking — Optional DEAL_CHARGE tracking on a dedicated account
30-Day Statistics — Daily PNL history with live stats
REST API — Full remote management without MT5 Admin access
Live Config Reload — Parameter changes in MT5 Admin apply instantly

Monitoring

Daily Statistics — Total closes, fast closes, slippage applied, profit captured, average slippage
30-Day History — Aggregated daily summaries available via the API
Server Journal — All actions logged with BrokeretSE: prefix

Next Steps

Installation — Get the plugin running on your MT5 server
Parameters — Configure rules and plugin settings
API Reference — Manage rules, whitelists, and stats via REST