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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
85
Sean Zeph 2017.10.03 23:43 
 

Solid execution

Ikechukwu Emmanuel Okaro
983
Ikechukwu Emmanuel Okaro 2015.12.08 10:26 
 

Fantastic piece of software! Five stars!

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Launch promo! Only a few copies left at 399$! Next price: 499$ Final price: 999$ MT5:  https://www.mql5.com/en/market/product/107337?source=Site+Profile+Seller More analytics:  https://www.mql5.com/en/blogs/post/756452 For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/users/lothimailoan/seller I am Los, please subscribe to receive more updates:   https://www.mql5.com/en/users/lothimailoan/news US30 Scalper EA is a next-generation scalping robot developed by a h
393 USD
AW Recovery EA
AW Trading Software Limited
4.29 (69)
The Expert Advisor is a system designed to recover unprofitable positions. The author's algorithm locks a losing position, splits it into many separate parts, and closes each of them separately. Easy setup, delayed launch in case of drawdown, locking, disabling other Expert Advisors, averaging with trend filtering and partial closing of a losing position are built into one tool. It is the use of closing losses in parts that allows you to reduce losses with a lower deposit load, which ensures saf
195 USD
GOLD Scalper PRO
Lachezar Krastev
4.71 (24)
SHOCK DEAL! --> BUY GOLD Scalper PRO with -$200 OFF and GET a BONUS EA: Trend Matrix EA (or EA by your choice)! <-- SHOCK DEAL! NOTE: GOLD Scalper PRO PROMO price: $197 (The next price $397) - The offer ends soon!  Click here to read more about Trend Matrix EA and the SHOCK DEAL promotion! GOLD Scalper PRO signal account:  https://www.mql5.com/en/signals/2109002 For Settings, Instructions and additional LIVE Results Click Here! GOLD Scalper PRO is a fully automated trading system which takes mu
197 USD
Aura Black Edition
Stanislav Tomilov
4.73 (15)
Aura Black Edition is a fully automated EA designed to trade GOLD only. Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money management used, no martingale, no grid or scalp. Suitable for any broker conditions. EA trained with a multilayer perceptron Neural Network (MLP) is a class of feedforward artificial neural network (ANN). The term MLP is used ambiguously, sometimes loosely to any feedforward ANN, sometimes strictly to refer to networks composed of mult
2 000 USD
Diamond PRO
Fanur Galamov
5 (7)
Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced position management algorithm. Main goal of Diamond PR
299 USD
One Inch Slap
Inrexea Limited
No Backtesting is allowed: (OIS IS NOT A HFT Strategy, Will not be violated by Prop firm rules) We don't rely on backtest results. The backtesting environment can't access our database to retrieve historical data. We aim to provide clarity to EA traders and not mislead them. The best approach is to monitor our signals. If you're wondering how to verify that it works with your broker, the response is the same: backtesting results alone don't prove effectiveness. "OIS" : The Final product of ours
2 850 USD
Darwin Evolution MT4
Guillaume Duportal
4.83 (12)
Darwin EVOLUTION promotion !! 1490 USD to 990 USD Limited time (Offer valid up to arrival of the next update, do not waste time ) !!! You can not make Backtest of this EA, because MT4 does not handle the simultaneous multi-pairs. Darwin needs the 28 pairs for the calculation of the indicators !! Descriptions: - To understand the operation, come and read the blog (this EA reflects my philosophy of forex trading ... If you like my way to see things, then you will like my EA. Take the
999 USD
Ra AI
Nestor Alejandro Chiariello
5 (1)
Hello traders,   I have designed this tool with   real results rigorously   , RA AI   intended and specially designed to scalp with a Trend algorithm structured in   AI   in the EURO DOLLAR currency, here we can see the result in its 1-year backtest from 1k to 12k, we can also see the real account signal with real money winning with similar results, RA AI is incredible! I will tell you a bit about the design, based on ranges of nodes to scalp in a trend in a stable currency such as   EURUSD , in
1 299 USD
SSX Titan TT MT4
Artem Minchuk
2.91 (11)
Delving deep into the sphere of finance and trading strategies, I decided to conduct a series of experiments, exploring approaches based on reinforcement learning as well as those operating without it. Applying these methods, I managed to formulate a nuanced conclusion, pivotal for understanding the significance of unique strategies in contemporary trading. Neural network advisors, despite showcasing impressive efficiency in the initial stages, proved to be highly unstable in the long run. Vario
1 399 USD
Smart Funded Hft
Barbaros Bulent Kortarla
5 (31)
Smart Funded EA is an expert advisor designed to pass the HFT challenges of prop firms that allow its use. Which HFT Prop Firms can I use? It has been tested on almost all HFT Prop Firm Challenges with % a 100 success rate such as Kortana Fx. Nova Funding, Fast Forex Funds, Infinity Forex Funds, Quantec Trading Capital, Next Step Funded. Msolutionff. Genesis Forex Funds. The Talented Traders and all other HFTs allowed MT4 challenges. Which HFT Prop Firm to choose? I am also a trader as you are a
100 USD
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Partial Close EA
Rimantas Petrauskas
2.67 (3)
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
30 USD
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Sean Zeph
85
Sean Zeph 2017.10.03 23:43 
 

Solid execution

Ikechukwu Emmanuel Okaro
983
Ikechukwu Emmanuel Okaro 2015.12.08 10:26 
 

Fantastic piece of software! Five stars!

Rabbitpips
299
Rabbitpips 2015.07.31 00:09 
 

User didn't leave any comment to the rating

Reply to review
Version 1.2 2021.11.24
Recompiled with the latest Metaeditor.
Version 1.1 2016.06.13
1) Fixed a bug that caused trades to not be closed continuously each day. Now EA should close trades each and every day at your preset time until you stop the EA.

2) Added DEMO version of the EA which works without any limitations, but only on a AUDJPY pair. DEMO version is available here: https://www.mql5.com/en/market/product/16935