Close At Time
This is a powerful addition to your MetaTrader 4 toolkit designed to optimize market analysis and performance. This Expert Advisor serves as automated trading software. It is utilized to monitor financial markets and execute trades based on predefined algorithmic rules, enabling precise position management without the need for constant manual oversight.
How to Setup and Use Close At Time
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
Description & Settings
Close At Time is an Expert Advisor for MetaTrader 4 trading platform, that closes open positions or deletes pending orders or both. You can also specify how it should be closed — by symbol, magic number or ticket number. And the last one is time when Expert Advisor will close selected orders. Time is meant local time of computer. Expert Advisor has also integrated error description for cases when there is some problem while closing individual orders.
EA is built on idea that it has to be done. It means that if there is an error while closing order or position, EA will try it again on next tick. It has also small problem when this idea is applied. Other trades, opened after selected time and satisfying selected conditions, are closed (EA is not stopped). But it doesn't violate basic idea.
Input parameters:
Close settings:
Close parameters:
