Auto Reopen Trade Manager
- Experts
- David Nagy
- Version: 9.2
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:
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Time-based automatic position closing
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Optional automatic trade reopening
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On-chart execution panel
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Predefined Stop Loss and Take Profit
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Real-time trade information display
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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:
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Direction: trade type (Buy or Sell)
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Lot Size: trade volume
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Stop Loss / Take Profit: defined in points or pips
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Close Time: time to close positions
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Reopen Time: time to reopen positions
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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.
