Time Trigger EA MT5

TimeTriggerEA - Automated Trading on Schedule

Overview

TimeTriggerEA is a sophisticated automated trading system that executes trades based on precise time triggers combined with technical analysis. Unlike traditional EAs that monitor markets continuously, TimeTriggerEA operates on a strict schedule, opening only one carefully analyzed position per day at your specified time.

⚠️ Important Notice

The EA has not been tested on the market, but you can now find the right time and direction using the strategy tester on any currency pair.

I created it to see if a time-based strategy could work.

Please note that this EA does not account for spread variations, which can be significantly higher during off-trading hours, weekends, or market openings. The execution time you select should consider typical spread conditions for your broker and instrument.

Optimization Recommended: Use MT5 Strategy Tester to find optimal parameters for your trading style and market conditions.

Key Features

Precision Timing

  • Executes trades at exact user-defined time (e.g., 10:00 AM daily)

  • One trade per day discipline prevents overtrading

  • Perfect for traders who want scheduled, predictable trading activity

📊 Multiple Trading Strategies

  • Buy Only Mode: Always enters long positions

  • Sell Only Mode: Always enters short positions

  • Trend Following: Trades with MA trend (buy above MA, sell below MA)

  • Counter-Trend: Trades against MA for reversals (buy below MA, sell above MA)

🛡️ Advanced Risk Management

  • Adjustable Stop Loss and Take Profit levels

  • Built-in Trailing Stop functionality

  • Option to disable SL/TP for advanced users

  • Fixed lot size with recovery system


⚙️ Technical Specifications

  • Moving Average period customization (50 default)

  • Multiple MA methods (SMA, EMA, SMMA, LWMA)

  • Various price inputs (Close, Open, High, Low, etc.)

  • Magic number identification for order management

How It Works

  1. Time Activation: EA wakes up at your specified trading hour

  2. Strategy Selection: Chooses direction based on your preferred mode

  3. MA Analysis: When using MA strategies, calculates optimal entry point

  4. Trade Execution: Opens precisely calculated position

  5. Risk Management: Applies protective stops and trailing features

Spread Considerations

  • ⚠️ Does not monitor or adjust for spread conditions

  • 📊 Spread can significantly impact profitability during low-liquidity hours

  • 🕒 Recommended to trade during high-liquidity sessions

  • 💡 Test with your broker's typical spread patterns

Ideal For

  • Busy professionals who want scheduled trading during optimal hours

  • Disciplined traders seeking one-position-per-day strategy

  • Risk-averse investors preferring controlled exposure

  • Algorithmic traders wanting time-based entry systems

Input Parameters

  • Trade Hour/Minute: Exact execution time (24h format) - choose wisely considering spread

  • Trade Direction: Choose from 4 trading approaches

  • MA Settings: Customize period, method, and price source

  • Risk Management: SL, TP, Trailing Stop, and step settings

  • Lot Size: Fixed position sizing


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Profalgo Limited
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TurnPoint Indicator – Market Reversal & Trend Signal Tool The TurnPoint Indicator is designed to help traders identify potential turning points and key levels in the market. By analyzing price action, it highlights areas where reversals or continuations are likely to occur, allowing traders to anticipate trend changes more effectively. This tool incorporates advanced logic to filter signals, reducing noise and false alerts. Users can choose between breakout and pullback modes, depending on their
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You've probably heard about the Dow trend Theory, where higher highs and lows indicate an uptrend, and lower highs and lows indicate a downtrend. This indicator determines this trend based on the Dow Theory. You just need to enter a number representing the number of candles between extremes. The optimal solution is the number 3, unless you want to have the trend from M5 but you're on M1, then you need to multiply this number by 5. Check various combinations to trade with the trend. In the scree
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Mariusz Piotr Rodacki
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