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Time Trader EA

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Time Trader EA V3.1(MT4MT5)

This expert advisor can enter and exit trades at specific times and on specific weekdays, expressed in GMT Time. It offers weekday selection, trade management settings, a martingale function and money management features.

Easy to use and supervise
Fully configurable entry and exit times (up to 5 trades)
Enable or disable trading weekdays in inputs
Customizable break-even, stop-loss, take-profit and trailing-stop settings
Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols
Implements a martingale feature
Kindly note that the EA is not able to open two trades at exactly the same time, just one trade for each hh:mm entry.

Overview

Input parameters

When loading the expert to any chart, you will be presented with a set of options as input parameters. Don’t despair if you think they are too many, because parameters are grouped into self-explanatory blocks.

Trade #1
Enter time and order type (buy or sell)
Trade #2/dt>
Enter time and order type (buy or sell)
Trade #3/dt>
Enter time and order type (buy or sell)
Trade #4
Enter time and order type (buy or sell)
Trade #5
Enter time and order type (buy or sell)
Trade on Monday
Enable or disable trading activity on this day
Trade on Tuesday
Enable or disable trading activity on this day
Trade on Wednesday
Enable or disable trading activity on this day
Trade on Thursday
Enable or disable trading activity on this day
Trade on Friday
Enable or disable trading activity on this day
Trade on Sunday
Enable or disable trading activity on this day
Time to Close All Trades
Enable or disable the close all trades function and edit the time.
Break-eve

Profit in pips at which the EA moves the stop-loss above/below the open price for the first trade.
Break-even Behavior
Upon breakeven, the SL can be moved to the open price, or secure part of the profits.
Trailing Stop
Trailing stop expressed as % of current trade profit.
Trailing Step
Minimum increase in pips for the trailing stop.
Take Profit
Stealth take profit for the first trade.
Money Management
In this settings block you can set the lotsize for the first trade, or allow the EA to calculate it by itself. It also implements a martingale behavior that will double the lotsize with each additional lost trade. Entering a manual lot size is recommended.
EA Settings
You can select the magic number and custom comment for trades.

profit features?
Yes, you can. Set both to zero.
How many trading times can I configure?
You can configure up to 5 trades, at different times.
What is the multiplier for the martingale function?
The multiplier is always a factor of 2.

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