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PZ Time Trader EA MT5

This expert advisor can enter and exit trades at specific times and on specific weekdays, expressed in GMT Time. It offers weekday selection, trade management settings, a martingale function and money management features. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • Easy to use and supervise
  • Fully configurable entry and exit times (up to 5 trades)
  • Enable or disable trading weekdays in inputs
  • Customizable break-even, stop-loss, take-profit and trailing-stop settings
  • Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols
  • Implements a martingale feature
Kindly note that the EA is not able to open two trades at exactly the same time, just one trade for each hh:mm entry.


Input Parameters

  • Trade #1: Enter time and order type (buy or sell)
  • Trade #2: Enter time and order type (buy or sell)
  • Trade #3: Enter time and order type (buy or sell)
  • Trade #4: Enter time and order type (buy or sell)
  • Trade #5: Enter time and order type (buy or sell)
  • Trade on Monday: Enable or disable trading activity on this day
  • Trade on Tuesday: Enable or disable trading activity on this day
  • Trade on Wednesday: Enable or disable trading activity on this day
  • Trade on Thursday: Enable or disable trading activity on this day
  • Trade on Friday: Enable or disable trading activity on this day
  • Trade on Sunday: Enable or disable trading activity on this day
  • Time to Close All Trades - Enable or disable the close all trades function and edit the time.
  • Break-even: Profit in pips at which the EA moves the stop-loss above/below the open price for the first trade.
  • Break-even Behavior: Upon breakeven, the SL can be moved to the open price, or secure part of the profits.
  • Trailing Stop: Trailing stop expressed as % of current trade profit.
  • Trailing Step: Minimum increase in pips for the trailing stop.
  • Take Profit: Stealth take profit for the first trade.
  • Money Management - In this settings block you can set the lotsize for the first trade, or allow the EA to calculate it by itself. It also implements a martingale behavior that will double the lotsize with each additional lost trade. Entering a manual lot size is recommended.
  • EA Settings - You can select the magic number and custom comment for trades.


Author

Arturo Lopez Perez, private investor and speculator, software engineer and founder of PZ Trading Solutions.

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erickazael
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Version 2.0 2019.08.12
- Added weekdays