Market / MetaTrader 4 / Utilities /

Timed Close EA

Demo downloaded: 14

Published: 2 April 2020

Current version: 1.1

Timed Close EA

Utilities
HITESH ARORA
Version: 1.1
Updated: 2 April 2020
Activations: 5

Timed Close EA is used to close all the trades automatically at your specific time. You can set the EA using any of the 3 options:

1. OneTime: In this option EA will run only once. Execute at that date-time and stops.

2. Weekly: In this option EA will run at specific day-time every week. For example if you wanted to close all the trades before market close at Friday, you can use this option.

3. Daily: In this option EA will run daily at a specific time.

EA has an option to filter out the trades and works only on specific trades. Following are the filters for the EA:

1. Magic Number: Have an option to works on all orders with the given magic number

2. Order Number: Can work specifically on the single order with the given order number

3. Chart: Can work for all the trades of the current attached chart

Deviation: It uses to give the time range for the EA to execute. If the deviation is 5 minutes EA will run in between (CloseTime) to (CloseTime + 5 min). After the 5 min passed from CloseTime it will not run and wait for the next execution in case of Weekly or Daily.

After you attached the EA to a chart it will show the following information on the chart:

EA status; enabled or not
Running Status of the EA; OneTime, Weekly, or Daily
Actions to be performed.

How to Use: You can attach EA to a separate chart on MT4 and it will start monitoring trades immediately. The EA will see the trades of that currency pair that it is attached to. By default EA will close all market orders on the currency pair it is attached to.

How to Back-test: To back-test the EA, enable the back-test setting. It will open a trade at a market price, there you can verify and understand how it partially closes the running trades.

We recommend using EA in demo account first to understand all the functionality.

Indicator Settings:

Time Setting

Activate EA: If true, EA will work. By default, it is disabled for security reasons
Timed Close Type: It decides whether EA runs One Time, every week or daily

OneTime
Weekly
Daily

Close Time (OneTime): In case of OneTime, at this time action on Action settings will be performed
Week Day (Weekly)
: In case of Weekly, at this day action mentioned in Action Setting will be performed.
Time (Format HH:MM:SS) (Daily/Weekly): In case of both Daily or Weekly, at this time actions mentioned in Action Setting
Deviation (in minutes): It’s a deviation in time from Close time in case of OneTime and Time in case of Daily or Weekly

Action Setting

Order Number (-1 for all): if not -1, works on the trade with this order number
Magic Number (-1 for all): if not -1, works on all the trades with this magic number
Currency Chart Only: If enabled, applied only on the attached chart pair
Close Pending Order: If enabled, close all pending orders
Slippage: Slippage in points

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Contact us for any custom order, CodeYourTrade.com . Currency Sessions Highlight indicator is used to highlight the sessions. The maximum number of sessions visible at a time is 3. A user has to input the input the start and end time of the session in the format HH:MM. You can hide all the information displayed in the chart by setting false to Show On Chart . Indicator Settings: Main Setting Show Session 1 : Draw Session 1 on chart or not Session 1 Start : Start time of the session 1 Sess

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Contact us for any custom order, CodeYourTrade.com . Keltner Channels are volatility-based envelopes. Moving average dictates direction and the ATR sets the channel width. It’s a trend following indicator used to identify reversals. Channels can also be used to identify overbought and oversold levels when the trend is flat. Trading Strategy We have created 2 zones SELL ZONE and BUY ZONE using the Keltner channels. In SELL ZONE (upper) we take only sell orders and in BUY ZONE (lower) we take

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Contact us for any custom order, CodeYourTrade.com . The MACD Histogram measures the distance between the MACD line and the MACD signal line. Two important terms are derived from the MACD histogram are: · Convergence : The MACD histogram is shrinking in height. This occurs because there is a change in direction or a slowdown in the trend. When that occurs, the MACD line is getting closer to the MACD signal line. · Divergence : The MACD histogram is increasing in height (eit

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Contact us for any custom order, CodeYourTrade.com . Multiple Moving Average (MA) indicator is used to find the direction of the trend using multiple Moving Average indicators. It calculates using the following rules: · Ask < MA, it is SELL · Bid > MA, it is BUY · Ask > MA > Bid, it is None (no signal) After you attached the indicator to a chart it will show the following information on the chart: Multiple MAs arranged by their method Buy and Sell count Summary: Co

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Contact us for any custom order, CodeYourTrade.com . This indicator is used to calculate the pivot points using 5 different methods: Classic Fibonacci Camarilla Woodie DeMark After you attached the indicator to a chart it will show the following information on the chart: Pivot points levels of the current chart using different methods. Indicator Setting Pivot Point Calculator Show Pivot Point Calculator: Show all pivot points on chart Pivot Points Timeframe: It tells which time is used to ca

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Contact us for any custom order, CodeYourTrade.com . The Stochastic RSI indicator is essentially an indicator of an indicator. It is used in technical analysis to provide a stochastic calculation to the RSI indicator. This means that it is a measure of RSI relative to its own high/low range over a user-defined period of time. This indicator is primarily used for identifying overbought and oversold conditions. You can hide all the information displayed in the chart by setting false to Sho

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Spread & Swap Indicator is used to check the spread and swap for the current pair. You can hide all the information displayed in the chart by setting false to Show On Chart . Indicator Settings: Main Setting Display Spread : Shows the spread of the current pair. Display Swap (per lot) : Show the swap charges per lot for the current pair. Display Setting Display : Shows the indicator information on chart Location : Location of the display window Top-Left : Display all the details in top-left p

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With the Technical Analysis indicator, you can find the trading signals using the combination of different technical indicators. It supports the following technical indicators: 1. RSI 2. Stochastic 3. Stochastic RSI 4. MACD 5. ADX 6. CCI 7. ATR 8. Ultimate Oscillator 9. ROC 10. Bull/Bear Power After you attached the indicator to a chart it will show the following information on the chart: 1. Technical indicators, their values and the signal generated fro

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Contact us for any custom order, CodeYourTrade.com . With the Technical Indicator Multi-Timeframe, you can easily identify the oversold/overbought levels or buy/sell levels points on several different timeframes by using only one chart. You can confirm Short Term trades by higher timeframe Levels. It supports 4 technical indicators as of now Stochastic, RSI, Parabolic SAR & Heiken Ashi. After you attached the indicator to a chart it will show the following information on the chart: Timeframe

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Contact us for any custom order, CodeYourTrade.com . Trade Notifier indicator is used to notify opening or closing of the trades via email or alert. It can also send regular trade updates via email. After you attached the Indicator to a chart, it will show the following information on the chart: 1. Alert information 2. Email information 3. Details to include in email body You can hide all the information displayed in the chart by setting false to Display . Indicator Settings A

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Contact us for any custom order, CodeYourTrade.com . Trend Direction indicator finds the direction of the trend using 2 indicators ADX and Parabolic SAR. Change the color of the Sell and Buy strength from the Colors tab in indicator settings. After you attached the indicator to a chart it will show the following information on the chart: 1. Parabolic SAR: Input values of Parabolic SAR Indicator 2. ADX: Input values of ADX Indicator 3. Trend Strength: Direction of the trend

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Contact us for any custom order, CodeYourTrade.com . Martingale EA is a multicurrency Expert Advisor using martingale or grid technique to trade the market. Trading strategy: Manual Entry + Automated Trade Management Manual Entry : User can input the starting trade type in the EA based on their analysis. The EA has no intelligence of its own to decide the entry trade type. Intelligence can be added in the EA upon request. Automated Trade Management : It manages the trade using martingale or gr

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Contact us for any custom order, CodeYourTrade.com . Profit and Loss Manager EA is to close the running or pending trades when reached to a specified profit or loss. EA works fully on virtual mode i.e. no hard Stop Loss or Take profit set. You can run the EA in any of the 3 modes: 1. Per Trade : In this mode, actions are applied to all the trades separately. Rules are applied on a single trade separated, it’s profits/loss not combined with any other trades. 2. Per Pair : In this mod

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Contact us for any custom order, CodeYourTrade.com . Partial Close EA is used to partially close running trades. EA has an option to filter out the trades and works only on specific trades. Following are the filters for the EA: 1. Magic Number: Have an option to works on all orders with the given magic number 2. Order Number: Can work specifically on the single order with the given order number 3. Chart: Can work for all the trades of the current attached chart Example : Let’s sa

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Contact us for any custom order, CodeYourTrade.com . Brent Wti spread indicator shows the difference of Brent and Wti value. Trading Strategy: Identify the range of spread movement. To buy the difference execute these 2 trades “Buy BRENT and Sell WTI” To sell the difference execute these 2 trades “Sell WTI and Buy BRENT” Indicator Settings: Main Setting Indicator Maximum : Maximum level to show in indicator Indicator Minimum : Minimum level to show in indicator Brent Symbol Name : Symbol n

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Version 1.1 2020.04.02

Fixed version info