Close Time
- Utilities
-
Frank William Jr Colbert
Hello everybody! I've thought of making some trading tools, utilities, and in-depth analyzers to make trading safer and easier for myself, and I hope these can also help others on their forex trading, analyzing and risk management Journey. - Version: 1.1
A simple, time-based execution utility that closes all open trades at a specific hour and minute each day. It operates continuously, checking every tick for the designated closing time.
Features:
Inputs for `CloseHour` (0-23) and `CloseMinute` (0-59).
Independent controls for closing Buy and Sell orders.
Once the current time equals or exceeds the set time, all eligible orders are closed.
Effective Uses:
Daily Cut-off: Automatically close all intraday trades at the end of your trading session, such as 4:55 PM EST.
Pre-News Flattening: Set it to close all trades 5 minutes before a major economic news release that you do not want to trade through.
End-of-Day Routine: Ensure no positions are held past a specific daily cut-off time, regardless of profit or loss.
