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Auto Reopen Trade Manager

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Published: 19 April 2026

Current version: 9.4

Auto Reopen Trade Manager

Experts
David Nagy
David Nagy
Hungary

652
Version: 9.4
Updated: 3 May 2026

Daily Cycle Assistant PRO

Daily Cycle Assistant PRO is a trade management Expert Advisor (EA) for MetaTrader 5 designed to automate time-based position handling and simplify manual trading workflows.

The EA allows users to open trades with predefined parameters and automatically manage closing and reopening based on specified times.

Positions can be closed at a defined time (for example before rollover) and optionally reopened later with the same direction and parameters. This helps maintain trading strategies that require daily reset or avoidance of specific market periods.

The built-in panel provides quick access to execution and displays basic trade information directly on the chart.

Main features:

Time-based automatic position closing
Optional automatic trade reopening
On-chart execution panel
Predefined Stop Loss and Take Profit
Real-time trade information display
Support for multi-EA operation (Magic Number)

How it works:
The user defines trade direction, lot size, SL/TP values, and time settings. The EA manages the position according to these parameters and executes actions automatically at the specified times.

Input parameters:

Direction: trade type (Buy or Sell)
Lot Size: trade volume
Stop Loss / Take Profit: defined in points or pips
Close Time: time to close positions
Reopen Time: time to reopen positions
Magic Number: identifier for EA trades

Recommended usage:
The EA can be used on any timeframe and symbol. It is particularly useful for strategies that require closing positions before rollover or managing trades on a daily cycle.

Keywords: MT5 Expert Advisor, trade management EA, time-based trading, automated execution, forex trading tool, daily trading system

Additional information:
Other products from the same developer are available in the Market.

Risk disclosure:
Trading financial instruments involves risk and may result in loss of capital. It is recommended to test the product in a demo environment before using it on a live account.

This product operates based on user-defined settings. Results may vary depending on market conditions.

Past performance does not guarantee future results.

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Auto Reopen Trade Manager

David Nagy