Timed Exit EA

5

The most simple and easy to use Timed Exit EA to close all trades automatically at specific time each day (hours:minutes:seconds) (by Rimantas Petrauskas)

The main idea of this EA is to automatically close trades daily at your specified time. For example if you set EA to close all trades at 15:29:30, EA will do this each day when markets are open. This way you can set the EA to close all trades before the news.

EA should be attached to a separate chart of any time frame on your MT4 and it will start monitoring trades immediately. By default EA has "Time Exit" function disabled. Learn how to use the EA on a demo account first before you enable this option on your live account. EA will only see the trades of that currency pair (instrument) that it is attached to. By default EA will close all market/pending orders on the currency pair (instrument) it is attached to. It is also possible to filter trades by magic number. EA can also be applied to a non-Forex pairs/instruments like Indices, Commodities, etc.


Timed Exit EA Inputs explained

  • EnableTimedExit - this tells the EA whether the EXIT function is enabled or disabled. By default it is disabled for security reasons. You can to turn it on by setting the value to TRUE.
  • ExitTime - this tells the EA at what time exactly the trades should be closed. Input format is HH:MM:SS or HH:MM and EA will not work if you enter anything else. Note that EA uses broker time, which is also displayed in the dashboard and your MT4 Market Watch window.
  • ManageMagicNumber - this tells the EA to close trades only with certain magic number you choose. If this value is set to zero EA will see only manually opened trades. If you set this to -1 (negative one) EA will see all of the trades running on the account (default value).
  • ManageOnlyCurrentPair - this tells the EA if it should monitor trades only of the currency pair (instrument) it is currently running on, or it should monitor trades of any currency pair. By default it is set to TRUE and EA will see only trades of the currency pair it is running on.
  • SlippageClosePips - this is the slippage setting EA will use to exit the market (close the trade). Note that not all brokers use this and this has no effect on ECN/STP accounts. If you do not know what that is simply leave it as is.
  • DashboardDisplay - this option controls how the EA dashboard is displayed. 0 = hide the dashboard; 1 = show only text without background; 2 = show text with background (default value).
  • DashboardColor - this is where you can set background color of the EA dashboard.

You can run multiple instances of the EA if you open additional chart window for each EA instance. You can have any combinations of EA settings you want. This way you can set trades to be closed at multiple times, multiple currency pairs, and multiple choices of magic numbers.

Reviews 3
Sean Zeph
84
Sean Zeph 2017.10.03 23:43 
 

Solid execution

Ikechukwu Emmanuel Okaro
1003
Ikechukwu Emmanuel Okaro 2015.12.08 10:26 
 

Fantastic piece of software! Five stars!

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4.75 (4)
Experts
ORIX System — a trading robot developed specifically for the GBPUSD currency pair on the M5 timeframe. The Expert Advisor is based on price behavior analysis and market structure elements and does not use standard technical indicators. The EA does not use martingale, trading grids, averaging against the market, hedging, opening trades without a stop-loss, or high-frequency or chaotic trading. Live signals Main requirements and recommendations Currency pair: GBPUSD Timeframe: M5 Minimum deposit:
Poison Ivy
Janet Abu Khalil
5 (1)
Experts
Info: Working trading pairs :  XAUUSD, GOLD  Timeframe: H1 Min deposit: $100 Min leverage 1:20  Works with any broker, though an ECN broker is recommended Live signal :  https://www.mql5.com/en/signals/2382616 Features: No martingale No grid trading No averaging No dangerous money management techniques Hard stop loss and take profit for every trade Stable results since 1999 with 99.9% quality quotes Not sensitive to broker conditions Easy to install and use FTMO and Prop firm ready Complies wi
DAX Robot MT4
MQL TOOLS SL
Experts
DAX Robot is an advanced automated trading system developed specifically for the   DAX 40 Index   on the H1 timeframe. Designed to handle the fast paced nature of one of Europe's   most actively traded indices , the robot continuously analyzes market conditions and automatically executes trades based on its built in trading logic. The system focuses on identifying high probability   trading opportunities   by combining trend analysis, market momentum, and volatility based conditions. DAX Robot
Wonder 1
Mario Baldantoni
Experts
Wonder 1 is part of the Wonder collection, strategies I selected from my own portfolios. It trades AUDJPY on the H1 timeframe using a fuzzy-logic model that reads the monthly and daily price structure. What it is, and what it is not Every trade opens with a fixed Stop Loss and Take Profit. Risk is always defined. No grid, no martingale, no averaging. One position at a time, low margin usage. No neural-network, no AI, no quantum wording. A rule-based system, tested and honest. Nothing to optimize
Session Breakout PRO MT4
Sergey Ermolov
Experts
Session Breakout PRO is a professional Breakout EA designed for automated Forex trading and built around the classic Session Breakout strategy. The EA supports multiple trading sessions, including the London Breakout and Asian Session Breakout, and combines advanced signal filtering, adaptive risk management, and modern risk-control tools. Its flexible configuration system allows traders to adapt the strategy to different currency pairs, CFDs, indices, metals, and other financial instruments, as
Bypass Generator MT4
Connor Michael Woodson
Experts
Bypass Generator is a deterministic scalping system for XAUUSD based on institutional-grade algorithms. Live Signal: CLICK HERE This is not a typical EA that thoughtlessly opens trade after trade, destroying your margin and putting your deposit at unnecessary risk. Every entry passes through 16 independent validation layers before opening a single position. There are no grids, and every trade has a virtual Take Profit and Stop Loss. The backtest curve was not optimized for unrealistic performan
GOLD Scalper PRO
Lachezar Krastev
4.48 (25)
Experts
BUY 1 and GET 1 FREE - Promotion! Buy GOLD Scalper PRO with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $177 (Regular Price: $447 — You Save $270!) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Live Results:   https://www.mql5.com/en/signals/2353871 GOLD Scalper PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! You should not be fooled
Forex GOLD Investor
Lachezar Krastev
4.39 (51)
Experts
BUY 1 and GET 1 FREE - Promotion! Buy Forex GOLD Investor with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $217 (Regular Price: $547 — You Save $330! ) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 3 trading systems . The first one is based on scalping trading strat
Wall Street Robot MT4
MQL TOOLS SL
5 (1)
Experts
Wall Street Robot is a   professional trading system   developed exclusively for US stock indices, focused on S&P500 and Dow Jones. These markets are known for their high liquidity, structured movements and strong reaction to global economic flows, making them ideal for algorithmic trading strategies based on precision and discipline. By concentrating only on these indices, the system is able to adapt closely to their behavior, volatility patterns and intraday dynamics, instead of trying to oper
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Partial Close EA
Rimantas Petrauskas
3.25 (4)
Utilities
The most simple and easy to use Partial Close EA (by Rimantas Petrauskas ) The main idea of this EA is to apply partial close to your positions. EA will automatically find your open market positions and apply partial close according to your settings. For those who do not know what Partial Close is: it is simply an action to close only a part of your position. For example, if your trade lot size is 1.2 and you close 25% of it (which is 0.3) you will still have 0.9 lot size trade running and exist
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Sean Zeph
84
Sean Zeph 2017.10.03 23:43 
 

Solid execution

Ikechukwu Emmanuel Okaro
1003
Ikechukwu Emmanuel Okaro 2015.12.08 10:26 
 

Fantastic piece of software! Five stars!

Rabbitpips
299
Rabbitpips 2015.07.31 00:09 
 

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