Weekends Check Function
Info
The Weekends Check Function is a Library for MetaTrader 5 that this function is designed to identify weekends on a server, aiding in efficient resource management for expert advisors (eas) utilizing the ontimer() function. The DaysofWeekCheck() function is a valuable tool for optimizing EA performance by preventing unnecessary trading requests during weekends, when the terminal remains active.
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 Weekends Check Function
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
This function is designed to identify weekends on a server, aiding in efficient resource management for Expert Advisors (EAs) utilizing the OnTimer() function.
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: Check History Function - another powerful library for MetaTrader 5 traders.
This function is designed to identify weekends on a server, aiding in efficient resource management for Expert Advisors (EAs) utilizing the OnTimer() function.Also recommended: class for set and check your trading time - similar library with strong performance on MetaTrader 5.
The DaysofWeekCheck() function is a valuable tool for optimizing EA performance by preventing unnecessary trading requests during weekends, when the terminal remains active.
Implementation:
- Place the DaysofWeekCheck() function at the start of the OnTimer() function in your EA code.
- Position the execution part of the EA code after the weekend check algorithm.
The function relies on the daysofweekcheck.mqh library, which should be included in the terminal_data_folder\mql5\include directory. Ensure to add the #include directive before using the function globally.
You may also like: ccheck new candle - excellent alternative for library users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
bool daysofweekcheck()
{
mqldatetime tm;
timetostruct(timetradeserver(),tm);
bool result;
switch(tm.day_of_week)
{.......
⚠ 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.