Time Trigger EA MT5
- Experts
- Mariusz Piotr Rodacki
- 버전: 1.0
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
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Executes trades at exact user-defined time (e.g., 10:00 AM daily)
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One trade per day discipline prevents overtrading
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Perfect for traders who want scheduled, predictable trading activity
📊 Multiple Trading Strategies
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Buy Only Mode: Always enters long positions
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Sell Only Mode: Always enters short positions
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Trend Following: Trades with MA trend (buy above MA, sell below MA)
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Counter-Trend: Trades against MA for reversals (buy below MA, sell above MA)
🛡️ Advanced Risk Management
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Adjustable Stop Loss and Take Profit levels
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Built-in Trailing Stop functionality
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Option to disable SL/TP for advanced users
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Fixed lot size with recovery system
⚙️ Technical Specifications
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Moving Average period customization (50 default)
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Multiple MA methods (SMA, EMA, SMMA, LWMA)
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Various price inputs (Close, Open, High, Low, etc.)
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Magic number identification for order management
How It Works
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Time Activation: EA wakes up at your specified trading hour
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Strategy Selection: Chooses direction based on your preferred mode
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MA Analysis: When using MA strategies, calculates optimal entry point
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Trade Execution: Opens precisely calculated position
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Risk Management: Applies protective stops and trailing features
Spread Considerations
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⚠️ Does not monitor or adjust for spread conditions
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📊 Spread can significantly impact profitability during low-liquidity hours
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🕒 Recommended to trade during high-liquidity sessions
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💡 Test with your broker's typical spread patterns
Ideal For
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Busy professionals who want scheduled trading during optimal hours
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Disciplined traders seeking one-position-per-day strategy
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Risk-averse investors preferring controlled exposure
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Algorithmic traders wanting time-based entry systems
Input Parameters
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Trade Hour/Minute: Exact execution time (24h format) - choose wisely considering spread
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Trade Direction: Choose from 4 trading approaches
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MA Settings: Customize period, method, and price source
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Risk Management: SL, TP, Trailing Stop, and step settings
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Lot Size: Fixed position sizing
