timer ea
Info
The timer ea is a Expert Advisor for MetaTrader 4 that it's an expert to open and close orders on specific day and time. expert open and close orders only with the same symbol it attached.
Usage
This tool is typically used for automated trading on major forex pairs and gold.
Platform
This Expert Advisor works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Experts folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use timer ea
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.
What this tool does
it's an expert to open and close orders on specific day and time.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 4. Place the file in the MQL4/Experts folder and restart the terminal.
Description & Settings
Related: Market Movement Timer - another powerful expert for MetaTrader 4 traders.
it's an expert to open and close orders on specific day and time.
expert open and close orders only with the same symbol it attached.
Also recommended: exaccount: visualize order activity on chart - similar expert with strong performance on MetaTrader 4.
can set time open and close orders based day of year or day of week.expert can send market orders and pending (stop or limit).
each order can placed with take profit and stop loss.
there is option to use trailing stop loss and break even.
expert can manage only own orders or all orders of account.
update
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.6"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property strict
enum days {_sunday,_monday,_tuesday,_wednesday,_thursday,_friday,_saturday,_everyday};
enum type {market_orders, pending_stop, pending_limit};
enum mm {manually_lot, automatically_lot};
extern string openorderssets = "||========== open orders sets ==========||";
extern days daytoopenorders = _everyday;//day open orders.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.