CloseByTimeEA

CloseByTime Utility is a MetaTrader 5 service utility designed to automatically close open positions and delete pending orders at a specified time.

It helps traders schedule the end of trading activity in advance, for example at the end of the day, before news releases, or before market close. The utility uses broker server time, supports weekday filtering, and can work with all symbols or only with a selected list of instruments.

Features

  • Automatically closes open positions at a specified time.

  • Automatically deletes pending orders at a specified time.

  • Works with all symbols or only selected symbols.

  • Separate modes:

    • close positions only;

    • delete pending orders only;

    • both actions together.

  • Weekday filter support.

  • Detailed logging of all actions.

  • Uses MT5 server time.

Use cases

This utility is useful for traders who:

  • do not want to keep positions overnight;

  • prefer to close trades before major news events;

  • follow strict risk management rules;

  • want to automate routine terminal tasks.

On your request I can extend or customize the utility: add new operating modes, adjust symbol and weekday filters, implement additional notification types or adapt the program to your specific requirements. If you have any ideas on how to improve CloseByTimeEA, just contact me via MQL5.com messages and we can discuss the task and possible implementation options.

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