Trade Times

caldolegare 2005.11.14 20:39

Ok I am somewhat new to forex metatrading. Are there any times during the day that should be avoided where the market basically stays quiet but can send my autotrader to make a bad trade?

jdun 2005.11.15 02:27 #1

smarttrader 2005.11.15 04:30 #2

i think time to trade is when market america (US) open. normally at 13.00 - 16.00 GMT.

or when european market is open, normally at 07.00 - 10.00 GMT

and i agree with jdun... i avoid to trade in friday because market is to volatile to predict...

good luck...

Import Prices - Germany Purchasing Managers Index - Current Account - European

Sergey Golubev 2005.11.15 06:20 #3

Forex Market Activity Schedules for Various Time Zones

Indicator showing the different forex market activity time zones. If you change the indicator's time according to your broker's platform you may see on the historical data different timezones (asia open etc).

May be usefull.

https://www.mql5.com/en/forum/173114

And we have EA which is trading on Friday only https://www.mql5.com/en/forum/172963

Just for the information.

MetaTrader 5 for Android Trading account information Time management in the

emixam 2005.11.15 07:07 #4

Time and movement

I'm really newbie at Forex trading and specialy newbie at EA and indicators , I live in Vancouver Canada and I always seem to be missing the good trading times when there's lots of movement cuz I'm sleeping, so that's when I discovered the EA , I think it's a great idea. So my question is , I know that EA are base on indicators but is it possible to have one based on Time and movement e.i. The market moves about 100 pips within 30 minutes then it's time to buy/sell and close the trade shortly after ,lets say 15 pips profit and put a trailing stop close too at 10 pips. I know nothing about writing EA so I was wondering if it would be possible and maybe profitable ?

P.S. I might be talking out of my ass here but please enlighten me

Parabolic SAR - Trend Request Execution - Opening Moving Average - Trend

caldolegare 2005.11.15 11:31 #5

newdigital thanks that was exactly what I was looking for. now do you know where there might be some help on how to program my EA to only trade from this time to that time (est) and not on fridays?

MQL5 Wizard: Development of Time management in the Static variables

Sergey Golubev 2005.11.15 11:45 #6

Look at https://www.mql5.com/en/forum/173094

I used Codersguru lessons to do it with Ichimoku5.

It is very easy. It is working hours: within these hours your EA will process all opened orders but will not open new one.

As to Friday I do not know yet.

I am studying this mql4 programming together with everybody.

Time management in the Generating included code - Types of trading operations

caldolegare 2005.11.15 13:07 #7

Thanks a lot. That code was perfect.

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