TIME ROBOT

MQL4 Experts

Specification

EA  Time Robot

This program should open long or short position at a given time and close them at a given time also.

Variables:

BUY:  ANABLE/DISABLE 
LOT:____

SELL: ANABLE/DISABLE
LOT:____

OPEN_TIME

Hour:______  (example 00:30)  this means 12:30am

( The EA should open positions short or long or both, at this given time at market price)


CLOSE_TIME

Hour:______  (example 23:00) This means 11:00 PM


( The EA should close positions with profit, short or long , at this given time at market price, the positions with loss should not be close)


( The EA should close at this given time only the the position with profit, if you have two open positions
it should only close the one that has profit and leave the other with loss opened.) 

ADD:____  ( If 1  it should apply the same value as before, if this value is 2, it should multiply the last value by 2, etc)

TAKE_PROFIT:_______   ( If = 0, then it should not operate, if it is > 0 then it should close position with given value in pips)

Examples:

BUY: ANABLE
LOT: .1
SELL: ANABLE
LOT: .1

OPEN_TIME: 00:30
CLOSE TIME: 11:00

ADD: 1.5

TAKE_PROFIT: 50

The EA should Open a buy  position(.1 LOTS) and a SELL position (.1 LOTS), at market price at 00:30

if one of the two positions or both reaches target TAKE PROFIT then it should close that position, and buy again in the start of the new 
cicle at 00:30, if it doesnt reach the TAKE_PROFIT target, then it should close at CLOSE_TIME if it has profit, and buy again in the new cicle 
with no ADD.  If reaches the CLOSE_TIME with loss, then it should open another position with ADD.
***  only the LOSS ones would  ADD,in the new cicle,the profit ones they would open with the same price, after they previosly close.

*** the positions with loss should only close position when they reached an average profit determined by the TAKE_PROFIT, and they should
open a new position with ADD, every time they reached the given OPEN_TIME

Example:  if the EA bought .1 lot in the last cicle and ADD=1.5,  and when reaches CLOSE_TIME has  a loss,  then it should open a new .1 LOT adding
1.5,(new lot = .15) in this new cicle, they should close only if the average of the two reach the TAKE_PROFIT given. 

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Project information

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