Fig. 1. Examples of trades on the chart

Exp_TimeZonePivotsOpenSystem_Tm_Plus – EA MetaTrader 5

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The trading system based on TimeZonePivotsOpenSystem indicator signals with the possibility to set a fixed position holding time. The signal is formed when a bar is closing if there is a channel breakthrough. Once position holding time exceeds a preset fixed limit, the position will be closed immediately:

input bool   TimeTrade=true;      //Enabling position exit by time
input uint   nTime=1500;          //Open position holding time in minutes

For the generated EA to operate correctly, the compiled TimeZonePivotsOpenSystem.ex5 indicator file should be available in the <terminal_data_directory>MQL5Indicators folder. The trading system is a further development of the Exp_TimeZonePivotsOpenSystem EA code by adding the ability to hold positions for a fixed time.

The EA works on timeframes not higher than M30:

input ENUM_TIMEFRAMES InpInd_Timeframe=PERIOD_M30;//TimeZonePivotsOpenSystem indicator timeframe

Default Expert Advisor’s input parameters have been used during tests shown below. No stop loss and take profit were used. 

Alternative:   Exp_ColorBearsGap - EA MetaTrader 5


Fig. 1. Examples of trades on the chart

Testing results for 2017 at EURUSD M30:

Fig. 2. Test results chart

Fig. 2. Test results chart


https://www.mql5.com/ru/code/22479

Exp_TimeZonePivotsOpenSystem_Tm_Plus – expert for MetaTrader 5
📈 ROBOTFX MetaTrader Expert Advisors and Indicators to maximize profits and minimize the risks

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