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PZ Time Trader EA MT5

This expert advisor can enter and exit trades at specific times of the day. It offers trade management settings, a martingale function and money management features.

  • Easy to use and supervise
  • Fully configurable entries and exits
  • Customizable break-even, stop-loss, take-profit and trailing-stop settings
  • Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols
  • Implements a martingale feature


Input Parameters

  • Trade #1 to #5 - Set the time for each trade and the trading direction.
  • Time to Close All Trades - Enable or disable the close all trades function and edit the time.
  • Trade Management - This group of settings applies to trading decisions and trade management. You can select trading direction, break-even in pips, trailing-stop in pips, trailing-step in pips, stop-loss in pip and take-profit in pips. Optionally, you can enable or disable the closing of trades on opposite signals.
  • Money Management - In this settings block you can set the lotsize for the first trade, or allow the EA to calculate it by itself. It also implements a martingale behavior. Entering a manual lot size is recommended.
  • EA Settings - You can select the magic number and custom comment for trades.


Author

Arturo Lopez Perez, private investor and speculator, software engineer and founder of PZ Trading Solutions.

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