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Time Based Close

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Pubblicato: 9 maggio 2025

Versione attuale: 1.612

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Novità

Time Based Close

Utilità
Hiu Fung Lau
Versione: 1.612
Aggiornato: 4 giugno 2025

Time Based Close - Automated Trade Management EA

Overview
Time Based Close is a powerful and user-friendly Expert Advisor (EA) designed for MetaTrader 4 (MT4). It automates trade management by closing positions based on a user-defined holding time, while also protecting your account with a dynamic drawdown control feature. Whether you're a beginner or a seasoned trader, this EA simplifies your trading strategy and helps you manage risk effectively.

Key Features

Time-Based Closing: Automatically close trades after a specified holding time (default: 29 minutes, adjustable).
Drawdown Protection: Monitor and manage drawdown with a customizable percentage trigger (default: 30%) to close all trades when the threshold is reached.
Interactive Panel: Intuitive on-chart panel to toggle features (Hold Time, Drawdown), adjust settings, and monitor real-time stats like balance, equity, and drawdown.
Credit Adjustment: Accurately calculates drawdown by accounting for broker credits, ensuring precise risk management.
Symbol Filtering: Supports specific symbols or all symbols, with optional suffix compatibility for brokers.

Benefits

Risk Management: Protect your account from excessive losses with automated drawdown control.
Time Efficiency: Automate trade closures based on time, freeing you from manual monitoring.
User-Friendly: Easy-to-use panel with real-time updates, perfect for traders of all levels.
Broker Compatibility: Tested and optimized for brokers like IC Markets and Vantage International Group Limited.

Use Cases

Ideal for traders who prefer time-based strategies, such as scalping or day trading.
Perfect for managing risk during volatile market conditions with drawdown protection.
Suitable for traders using brokers with credit bonuses, ensuring accurate drawdown calculations.

How to Use

Attach the EA to any MT4 chart.
Configure the settings via the input parameters or the on-chart panel:
- Set your desired holding time (e.g., 29 minutes).
- Define your drawdown trigger percentage (e.g., 30%).
- Choose the symbol filter (leave empty for the chart symbol or enable "Close All Orders").
Enable the "Hold Time" and "Drawdown" features via the panel (default: Hold Time OFF, Drawdown ON).
Monitor your trades and account stats directly on the panel.

Notes

Ensure "Allow Live Trading" is enabled in MT4 for the EA to function.
Test the EA on a demo account first to familiarize yourself with its features.
For optimal performance, use on a VPS to ensure uninterrupted operation.

Support
Have questions or need assistance? Contact us via the MQL5 platform, and we’ll be happy to help you optimize your trading with Time Based Close!

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Practice Simulator è un simulatore di trading all-in-one per il backtesting, l'allenamento al trading e il trading in tempo reale. Che tu sia un principiante che ha bisogno di pratica o un trader esperto che analizza i mercati, questo strumento è adatto a tutti i livelli. Concentrati sul trading Forex, l'analisi del mercato o l'ottimizzazione delle strategie. Practice Simulator consente di fare trading in qualsiasi momento, anche nei giorni festivi, con un'interfaccia semplice ma ricca di funzio

30 USD

The indicator has three main tools: Magnifier (Zoom chart), Ruler ( Time and Price scales ), and Crosshair. You can move it all around with your mouse and customize different formats for displaying , customize size and color of each element. The Magnifier (zoom chart) allows you to display candles from any time frame and at different scales. Hotkeys: 'Q' - higher timeframe, 'A' - lower timeframe, 'W' - decrease candle size, 'S' - increase candle size, 'Z' - show/hide zoom chart You can

37.50 USD

Copiatrice->Interazione dell'interfaccia comoda e veloce, gli utenti possono utilizzarla subito ->>>> Si consiglia di utilizzarlo su computer Windows o VPS Windows Caratteristiche: Impostazioni di copy trading diversificate e personalizzate: 1. È possibile impostare diverse modalità di lotto per diverse fonti di segnale 2. È possibile impostare diverse fonti di segnale per il copy trading forward e reverse 3. I segnali possono essere impostati con commenti 4. Se calibrare il lotto in base

68 USD

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