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PZ Time Trader EA MT5

4.71

This expert advisor can enter and exit trades at specific times and on specific weekdays, expressed in GMT Time. It offers weekday selection, trade management settings, a martingale function and money management features. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • Easy to use and supervise
  • Fully configurable entry and exit times (up to 5 trades)
  • Enable or disable trading weekdays in inputs
  • 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
Kindly note that the EA is not able to open two trades at exactly the same time, just one trade for each hh:mm entry.


Input Parameters

  • Trade #1: Enter time and order type (buy or sell)
  • Trade #2: Enter time and order type (buy or sell)
  • Trade #3: Enter time and order type (buy or sell)
  • Trade #4: Enter time and order type (buy or sell)
  • Trade #5: Enter time and order type (buy or sell)
  • Trade on Monday: Enable or disable trading activity on this day
  • Trade on Tuesday: Enable or disable trading activity on this day
  • Trade on Wednesday: Enable or disable trading activity on this day
  • Trade on Thursday: Enable or disable trading activity on this day
  • Trade on Friday: Enable or disable trading activity on this day
  • Trade on Sunday: Enable or disable trading activity on this day
  • Time to Close All Trades - Enable or disable the close all trades function and edit the time.
  • Break-even: Profit in pips at which the EA moves the stop-loss above/below the open price for the first trade.
  • Break-even Behavior: Upon breakeven, the SL can be moved to the open price, or secure part of the profits.
  • Trailing Stop: Trailing stop expressed as % of current trade profit.
  • Trailing Step: Minimum increase in pips for the trailing stop.
  • Take Profit: Stealth take profit for the first trade.
  • 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 that will double the lotsize with each additional lost trade. Entering a manual lot size is recommended.
  • EA Settings - You can select the magic number and custom comment for trades.

Support

I am happy to provide free products but given my limited time, they come without support of any kind. My apologies.

Author

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

Reviews 7
vitekkz
26
vitekkz 2022.12.13 17:28 
 

Супер

Luis Alejandro Betancur Gonzalez
322
Luis Alejandro Betancur Gonzalez 2021.10.18 19:48 
 

The EA is amazing. Simple and easy to use. The only addition I would suggest is an option to use a timed BreakEven point, so it sets a new SL after some time has passed since the opening of a position

Markus Schlarmann
912
Markus Schlarmann 2021.10.14 11:40 
 

ALles Prima

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Copy Signals from any channel that you are a member (including private and restricted) straight to your MT5.  This tool has been designed with the user in mind while offering many features you need to manage and monitor the trades. This product is presented in an easy-to-use and visually attractive graphical interface. Customise your settings and start using the product within minutes! User Guide + Demo  | MT4 Version | Discord Version If you want to try a demo please go to user guide. The Te
Take control of your forex portfolio. See instantly where you stand, whats working and whats causing you pain! MT4 VERSION AVAILABLE HERE:  https://www.mql5.com/en/market/product/58375 The Trade Manager Dashboard is designed to show you at a glance where each position you have in the forex market currently is, and make risk management and exposure to currencies easier to understand.   For traders that scale into the market gradually with multiple positions or those trading grid and basket stra
Risk Manager for MT5
Sergey Batudayev
4.42 (12)
Expert Advisor Risk Manager for MT5 is a very important and in my opinion necessary program for every trader. With this Expert Advisor, you will be able to control the risk in your trading account. Risk and profit control can be carried out both in monetary terms and in percentage terms. For the Expert Advisor to work, simply attach it to the currency pair chart and set the acceptable risk values ​​in the deposit currency or in % of the current balance. PROMO BUY 1 GET 2 FREE -   https://ww
T Manager Plus, the ultimate trade management solution designed by traders for traders. If you are searching for a simple and efficient trade panel, trade manager, or trade assistant, you are at the right place. T Manager Plus includes advanced charting utilities with a single goal to help traders analyze, plan, execute, and manage their trades on a single platform. The market contains a diverse number of those tools, but   this one is designed by traders for traders . I designed this tool, an
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PZ Three Drives
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PZ Harmonacci Patterns
PZ TRADING SLU
3.43 (7)
This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It detects 19 different harmonic price formations It plots primary, derived and complementary Fibonacci pro
PZ Pivot Points
PZ TRADING SLU
4.64 (14)
This indicator displays pivot points in the chart, including historical vales, and supports many calculation modes for Pivot Points and S/R levels.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It plots historical levels for backtesting purposes It allows you to select the reference timeframe It implements different Pivot Point calculation modes It implements different SR calculation modes It implements customizable colors and sizes Calculation Modes The indi
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PZ Oscillator MT5
PZ TRADING SLU
3.8 (10)
This is a smooth and responsive accelerometer which reveals the market trend and strength. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Two moving averages indicate trend direction The histogram represents strength of the price movement It draws buy and sell zones as colored vertical lines Should be used as a confirmation indicator Customizable line widths and colors It implements alerts of all kinds This indicator is similar to MACD but aims to react faster t
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PZ Market Sentiment
PZ TRADING SLU
2.89 (9)
This indicator evaluates the market sentiment using raw price action measurements, and it is an amazing trading confirmation. It can be used to take a trend-trade approach or a contrarian approach using reversal patterns. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Find early reversals Confirm short-term trades Detect indecision on the market Take contrarian trades near support and resistance levels Trade inside bars confirmed by overall direction of the market T
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vitekkz
26
vitekkz 2022.12.13 17:28 
 

Супер

Volker Albrandt
368
Volker Albrandt 2021.11.23 10:41 
 

Really nice tool. But one thing is missing, when using "Percent per Balance" it does not show the Lotsize on the chart, which would be more helpful instead of showing what percentage I use.

Luis Alejandro Betancur Gonzalez
322
Luis Alejandro Betancur Gonzalez 2021.10.18 19:48 
 

The EA is amazing. Simple and easy to use. The only addition I would suggest is an option to use a timed BreakEven point, so it sets a new SL after some time has passed since the opening of a position

Markus Schlarmann
912
Markus Schlarmann 2021.10.14 11:40 
 

ALles Prima

lutfi saefudin
18
lutfi saefudin 2021.08.30 01:30 
 

Tanks Mr. PZ

erickazael
49
erickazael 2021.08.25 12:16 
 

Good EA

MGB07
38
MGB07 2020.11.23 17:31 
 

Good scalping EA if you combine entry with slow moving average to define trend direction

Reply to review
Version 2.0 2019.08.12
- Added weekdays