CIs Session - class to set time intervals (sessions)
Info
The CIs Session - class to set time intervals (sessions) is a Library for MetaTrader 5 that i decided to publish this class after reading. This topic looks interesting.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Library works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Libraries folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use CIs Session - class to set time intervals (sessions)
1. Storage: Place library files in the MQL/Libraries directory to ensure they are accessible to your projects.
2. Implementation: Include the library in your code using the #import directive, ensuring you match the exact function names and parameters.
3. Compilation: Ensure the library is present in the directory before you compile your main EA or script, as the compiler links them during this phase.
4. Management: Keep libraries organized in sub-folders if you manage many custom functions to maintain a clean project structure.
Frequently Asked Questions
Q: What is a library file used for? A: Libraries store reusable code modules, allowing you to centralize common logic used by multiple EAs or indicators.
Q: Is a library executable? A: No, libraries are non-executable files containing functions; they must be imported into an EA, indicator, or script to function.
Q: Can I update a library while the platform is running? A: You should compile your EA or script after updating a library to ensure the latest code changes are integrated.
What this tool does
I decided to publish this class after reading.
Typical Use Case
This Library excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Library works on MetaTrader 5. Place the file in the MQL5/Libraries folder and restart the terminal.
Description & Settings
Related: Simplified Order Management Class for MT4/MT5 - another powerful library for MetaTrader 5 traders.
I decided to publish this class after reading . This topic looks interesting. My approach does not solve every problem as well. Therefore, suggest what can be improved.
Also recommended: ASQ Session Manager for MetaTrader 5 - similar library with strong performance on MetaTrader 5.
The class usage example was made similar to . That way it is easier to see the advantages and disadvantages.The advantages:
Possibility of standard input of date and time. See the picture. Less likelihood of mistakes.
The possibility to optimize the time intervals in the strategy tester is preserved.
All the settings can be quickly changed anywhere in program.
More usage options. Details after the picture.
Easier to use in the code. At least for me.
Options for setting the time
1. Daily session
. For example, it allows the trading every day in the specified time interval. Conditions:
The session start and end dates are equal to 1970.01.01.
The session start time is less than the session end time.
2. Night session.
For example, the trading through the night is allowed: start today, end tomorrow. And so every day. Conditions:
The session start and end dates are equal to 1970.01.01.
The session start time is greater than the session end time.
3. Within the range of dates.
For example, the trading is allowed from the session start date up to the session end date. Conditions:
The session start date is less than the session end date.
Any time, but it is also considered.
4. Out of the range of dates.
The session start date is greater than the session end date. Thus, the trading is allowed until the session end date and after the new session start date. Conditions:
The session start date is greater than the session end date.
Any time, but it is also considered.
5. Disabling/enabling the trading on a week day.
It is sufficient to set "true" in the parameters for each of the week days, if you want to trade. Or "false" to disable trading.
6. All the setting can be changed
anywhere in program using the Init() methods.
P.S. The class was created for the MetaTrader 5, but it also works for the MetaTrader 4. The only difference is that the MetaTrader 4 strategy tester does not support the optimization of the time intervals in the datеtime format. But it is solved by replacing the datеtime to long in the EA input parameters.
You may also like: Session Time Filter Library - excellent alternative for library users on MetaTrader 5.
⚠ 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.