Swap Shield Auto Close And Reopen Prop Firms MT4

The ultimate tool for Prop Firm traders. Automatically closes trades before weekends/swaps and reopens them later. Features spread protection, CSV crash recovery, and multi-schedule support.

Swap Shield is a professional utility designed specifically for traders dealing with Proprietary Trading Firms (Prop Firms) rules and those looking to avoid negative Swap fees.

Many Prop Firms strictly prohibit holding positions over the weekend. Failing to close trades can lead to the immediate loss of your funded account. Additionally, holding trades overnight often incurs significant Swap fees. Swap Shield solves these problems by automating the process of closing positions at specific scheduled times and reopening them automatically when the market resumes.

This is not just a simple script; it is a robust system that records your trades into a database (CSV files), ensuring that even if your terminal restarts or crashes between the Close and Reopen times, the EA remembers exactly what to reopen.

Key Features

  • Prop Firm Guardian: Avoid "Weekend Holding" violations by scheduling auto-closure minutes before the market closes.

  • Smart Multi-Scheduling: You are not limited to one time. The EA accepts unlimited schedule entries in a single field, allowing you to handle multiple days or specific times effortlessly.

  • Swap Avoider: Close trades just before the daily rollover (Swap time) and reopen them immediately after.

  • Smart Spread Protection: The EA monitors the spread when attempting to reopen. If the spread is too high (common at market open), it waits until spreads normalize to protect your entry price.

  • Crash Recovery System: Uses secure local files to store trade details (Lots, SL, TP, Comment). If the VPS reboots, the EA reads the file and resumes its job.

  • Flexible Filtering: Choose to manage ALL trades, specific Symbols, or specific Magic Numbers (including Manual trades).

How It Works

  1. Schedule: You set closing and reopening times (e.g., Close Friday 23:50, Reopen Monday 00:05).

  2. Snapshot: When the close time arrives, the EA saves all open trade details (Symbol, Type, Volume, StopLoss, TakeProfit) to a file.

  3. Close: The EA closes the specified positions.

  4. Wait & Reopen: At the reopen time, the EA checks the market conditions (Spread). If safe, it reopens the positions with the same parameters.

Input Parameters Guide

Please read the settings carefully to configure the EA according to your broker's time and rules.

1. Trade Selection Settings

  • Expert_Enabled: Master switch to enable/disable the EA.

  • Positions_Type: Choose which positions to handle (BUYs only, SELLs only, or AllTypes).

  • ApplyToSymbol:

    • ChartSymbolOnly: Manages trades only for the symbol the EA is attached to.

    • AllSymbols: Manages trades for ALL symbols in the terminal (Use with caution).

    • WriteCustomSymbols: Manages a specific list of symbols (separated by semicolon, e.g., "EURUSD;GBPUSD").

  • ApplyToMagicNumber:

    • AnyMagicNumber: Manages all trades regardless of who opened them.

    • WriteMagicNumbers: Manages specific Magic Numbers defined in the next field.

  • MagicNumbers: Enter the IDs here separated by semicolon (e.g., "12345;998877"). Note: Use "0" to manage manual trades.

2. Execution & Protection

  • SlippageTicks: Maximum allowed slippage when closing/reopening.

  • DelayRetryOnError: Minutes to wait before retrying if an error occurs.

  • WaitSecondsBeforeExecution: Safety delay when initializing the EA.

  • ReOpenMaxSpreadTicks: Crucial Setting. The EA will NOT reopen trades if the current spread (in points) is higher than this value. This protects you from the massive spreads usually seen at market opening.

  • AvoidMaxSpreadWhenExceedMinutes: If the spread remains high for longer than this time (in minutes), the EA will force the reopen anyway to ensure you don't miss the move.

3. Smart Scheduling System

  • Time Settings (time_type, dst_region...): It is highly recommended to leave these at default (TIME_SERVER) to rely on your broker's server time. This ensures synchronization with the market watch.

  • Close_Positions_As_Scheduled: Enable to activate auto-closing.

  • close_positions_schedule: The trigger time. format Day=Hour:Minute .

    • Unlimited Schedules: You can add multiple times separated by a semicolon ; . The system is smart enough to parse and schedule them all.

    • Example (Weekend): Friday=23:30

    • Example (Daily Swap): Monday=23:55;Tuesday=23:55;Wednesday=23:55;Thursday=23:55

  • ReOpen_Positions_As_Scheduled: Enable to activate auto-reopening.

  • reopen_positions_schedule: The trigger time. Same format as closing.

    • Example: Monday=00:05 (Reopens trades Monday shortly after market open).

  • Expire_CloseSchedule_mins: If the EA is started X minutes after the scheduled close time, it will ignore the close command (safety feature).

  • Expire_ReOpenSchedule_mins: Validity period for the reopen command.

Advanced Usage & Multi-Chart Setup

Can I use it on multiple charts?

Yes. The EA creates unique data files based on your "Symbols" and "Magic Numbers" selection.

  • Scenario A: Attach to EURUSD chart, select "ChartSymbolOnly". It will manage EURUSD only.

  • Scenario B: Attach to another chart (e.g., GBPUSD), select "ChartSymbolOnly". It will manage GBPUSD separately with its own schedule.

  • Important: Do not attach the EA to two charts that target the same symbol and same magic numbers, as they will conflict.

Requirements

  • Algo Trading: Must be enabled in your terminal.

  • VPS: Recommended to ensure the EA is running at the scheduled times.

Disclaimer

Always test the EA and your schedule settings on a Demo Account first to confirm that the "Server Time" matches your expectations and that the spread protection settings are suitable for your broker.

Click for MT5 Version


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If you need an advisor on any arrow indicator signals - this utility will definitely help you.  You will be able, with the help of this utility to form an unlimited number of EAs on YOUR signals , with your set of settings, with your copyright and complete source code . You will be able to use the resulting EAs unlimitedly , including adding them to the Market and other resources. Free simple version of the generation script to help you understand how it works - here What does the utility do? 
Ultimate MT4 to Telegram (UMT) sends controlled trades (via symbol, magic, comment) to your telegram channel. It sends open and closed trades, including pending orders and TP/SL modifications, along with chart screenshots, to any telegram channel. Additionally, you can send trade reports of open trades and summary profit/pip reports for day, week, or month. You can customize the design of the trade actions or reports with variables and emoticons.  A beautiful panel allows you to visualize all t
Rocket FX Trading Manager PRO Note: Once you download the manager, message me for the background files The Ultimate All-in-One Trade Management Solution for MetaTrader 4 Version:   4.5 |   Platform:   MetaTrader 4 |   Category:   Utility / Trade Manager   Overview Rocket Fx Trading Manager v4.5 is a comprehensive, all-in-one trade management system designed to transform your trading experience. This powerful utility combines   intelligent position sizing ,   multi-target order placement
This is an Expert Adviser use for manual trading as a background EA or combine with external EA to open orders. Loss Recovery Trading is one of your options to handle the lose positions instead of using stop loss by setting a zone recovery area and target to exit the turn rounds sequence. How It Work? If the market goes against your first positions direction at the specific of losing points, the EA will open an opposite direction position with calculated larger lot size and also keep the first
The Expert Advisor will help you forward all pop-up alert with screenshot from  MetaTrader 4 to Telegram channel/ group, also forward all notifications to Telegram. Parameters  -  Telegram Bot Token - create bot on Telegram and get token.  -  Telegram Chat ID  - input your Telegram user ID,  group / channel ID  -  Forward Alert - default true, to forward alert.  -  Send message as caption of Screenshot - default false, set true to send message below Screenshot  How to setup and guide  - Telegram
Telegram To MT4 Receiver
Levi Dane Benjamin
3.67 (6)
Copia i segnali da qualsiasi canale di cui sei membro (inclusi quelli privati e restrittivi) direttamente sul tuo MT4.  Questo strumento è stato progettato con l'utente in mente offrendo molte funzionalità necessarie per gestire e monitorare le negoziazioni. Questo prodotto è presentato in un'interfaccia grafica facile da usare e visivamente attraente. Personalizza le tue impostazioni e inizia a utilizzare il prodotto in pochi minuti! Guida dell'utente + Demo  | Versione MT5 | Versione Discord
CopierMT4ToMT4
Nurhidaya Tullah
Trade Copier for MT4   Supports multiple master and slave terminals   Local operation without DLL usage   Optional slow monitoring mode   Compatible with prop firm and personal accounts Trade Copier MT4 To MT4 Advanced Multi-Account Trade Copier for MT4/MT5 – Master & Slave Synchronization This Expert Advisor is a fully automated multi-account trade copying system designed for professional traders who require fast, stable, and flexible synchronization between MT4/MT5 accounts. It supports
This means now you can trade on multiple MetaTrader 4 accounts simultaneously, mirror the trades of any trading bot to your friends and family accounts (even if it is locked to your MT4 account number), create investment portfolios of many MT4 accounts, remove risk of unregulated Forex brokers, turn losing trading strategy into a winner and become an independent account manager immediately without the need to sign any contracts or opening expensive PAMM accounts with the broker. Reverse Trading
The FFx Hidden Manager panel will help you to manage easily your orders directly on the chart. Below all features described: TP, SL and TrailingStop are hidden Each order has its own lines on chart Drag & Drop any line to change the TP/SL as per your need Option to move automatically the SL line at breakeven when TP #1 is reached Option to choose the TP/SL type (by pips or price) Option to choose the TrailingStop type (by pips, MA, Fractals, PSAR or ATR) Define which order(s) you want to manage
Altri dall’autore
Stop Loss and Take Profit Manager The EA allows you to set a   Stop Loss (SL)   for your orders or positions within milliseconds, regardless of the number of orders. How to Use: Attach the EA to the chart where you want to modify the SL for your orders. Configure the following   input settings : Order_Type:   Select the order or position types. SetStopLoss:   Enable this if you want to set a Stop Loss. StopLoss:   Enter the SL price. SetTakeProfit:   Enable this if you want to set a Take Profit
FREE
Signal Provider Utility Pro (Telegram & Discord) The Professional Solution for Signal Providers. Automated Broadcasting | Smart GUI Panel | Performance Reports Stop managing your signals manually. Signal Provider Utility Pro is the realiable bridge between your MetaTrader 5 terminal and your community on Telegram and Discord. Designed for high-performance signal services, this tool gives you instant control over your broadcasts without ever needing to open the settings window. From real-time tr
The ultimate tool for Prop Firm traders. Automatically closes trades before weekends/swaps and reopens them later. Features spread protection, CSV crash recovery, and multi-schedule support. Swap Shield   is a professional utility designed specifically for traders dealing with   Proprietary Trading Firms (Prop Firms)   rules and those looking to avoid negative Swap fees. Many Prop Firms strictly prohibit holding positions over the weekend. Failing to close trades can lead to the immediate loss
Close Positions on Candle Close This tool allows you to automatically close positions based on the last candle's closing price, helping confirm trade exits and avoiding unpredictable price movements. How It Works: The EA waits for a candle to close above or below the Stop Loss level before executing a position close. It eliminates the need to manually monitor trades and helps automate exit strategies. Settings: Order_Type: Select the types of orders or positions to be managed. CandleTimeFrame:
FREE
XP Bulk Close
Mostafa Mahmoud
### Description This Expert Advisor is designed to instantly close active positions and/or pending orders based on user-defined criteria. It supports filtering by trade type, magic number, and symbol scope, and is optimized for fast execution. ### Features - Close buy trades, sell trades, or both. - Filter by symbol: close trades on current chart only or across all symbols. - Filter by magic number or close all trades regardless of magic. - Set maximum allowed slippage for execution control. -
FREE
Close Positions on Candle Close This tool allows you to automatically close positions based on the last candle's closing price, helping confirm trade exits and avoiding unpredictable price movements. How It Works: The EA waits for a candle to close above or below the Stop Loss level before executing a position close. It eliminates the need to manually monitor trades and helps automate exit strategies. Settings: Order_Type: Select the types of orders or positions to be managed. CandleTimeFrame:
FREE
Stop Loss and Take Profit Manager The EA allows you to set a Stop Loss (SL) for your orders or positions within milliseconds, regardless of the number of orders. How to Use: Attach the EA to the chart where you want to modify the SL for your orders. Configure the following input settings : Order_Type: Select the order or position types. SetStopLoss: Enable this if you want to set a Stop Loss. StopLoss: Enter the SL price. SetTakeProfit: Enable this if you want to set a Take Profit. TakeProfit:
FREE
Smart Trade Manager for Layering & BE This trading tool automates trade management by handling entry positions, Break-Even (BE), and Take Profit (TP) dynamically. It allows traders to layer trades and protect their profits without manual intervention. Key Features: Secure profits automatically by setting BE once a trade reaches profit. Distribute trade volume across multiple entries to average the price. Set multiple TP targets to scale out of positions efficiently. Use tick-based calculations
Stealth Mode TP/SL Manager with AI Protection This AI-powered tool manages Stop Loss and Take Profit dynamically using either price-based or profit-and-loss (PnL) calculations while hiding these levels from the market . Also the this tool is very important to   PROP FIRMS   accounts , so you can set your stoploss to not hitting the daily stop loss ! Key Features: Supports BUY, SELL, or both position types. Flexible symbol selection: Manage the current chart, all symbols, or specific symbols (se
Signal Provider Utility Pro (Telegram & Discord) The Professional Solution for Signal Providers. Automated Broadcasting | Smart GUI Panel | Performance Reports Stop managing your signals manually.   Signal Provider Utility Pro   is the realiable bridge between your MetaTrader 4 terminal and your community on Telegram and Discord. Designed for high-performance signal services, this tool gives you instant control over your broadcasts without ever needing to open the settings window. From   real-ti
Smart Trade Manager for Layering & BE This   trading tool   automates trade management   by handling entry positions, Break-Even (BE), and Take Profit (TP) dynamically. It allows traders to   layer trades   and   protect their profits   without manual intervention. Key Features: Secure profits automatically   by setting BE once a trade reaches profit. Distribute trade volume across multiple entries   to average the price. Set multiple TP targets   to scale out of positions efficiently. Use tick
Stealth Mode TP/SL Manager with AI Protection This AI-powered tool   manages Stop Loss and Take Profit dynamically   using either price-based or profit-and-loss (PnL) calculations while   hiding these levels from the market . Also the this tool is very important to PROP FIRMS accounts , so you can set your stoploss to not hitting the daily stop loss ! Key Features: Supports BUY, SELL, or both position types. Flexible symbol selection:   Manage the current chart, all symbols, or specific symbols
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