OpenTime – EA MetaTrader 5

Author of the idea: Iurii Tokman, mq5 code author: barabashkakvn.

The Expert Advisor opens positions at the specified time. You can set separate permissions for opening Buy and Sell positions. You can also configure the EA to close positions at a certain time. Also, it is possible to set stop loss, take profit, and trailing stop.

Input Parameters

• Position closing options

  • Use position closing time – the flag sets whether to use or not time-based position closing.
  • Closing hour – target hour for closing.
  • Minutes of position closing – minutes for closing.
  • Trailing – the use of the trailing stop function.
  • Trailing stop (in pips) – trailing stop value.
  • Trailing step (in pips) – trailing step value.
  
  

• Position opening settings

  • Opening hour – position opening hour.
  • Minutes of position opening – position opening minutes.
  • Duration in seconds – the duration of period for position opening.
  • Use Sell – allowing the EA to open Sell positions.
  • Use Buy – allowing the EA to open Buy positions.
  • Volume transaction – the volume of positions.
  • StopLoss (in pips) – Stop Loss value.
  • TakeProfit (in pips) – Take Profit value.
  
  
• Advisor Options
  • MagicNumber – magic.

It is recommended to optimize the EA in two steps. AT the first step, optimize only important parameters:

Then select the best variant, disable settings form the first step and enable the rest of parameters.

One of the results on EURUSD,H1: