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BLAKE STEVEN RODGER  
Edwin Luk, an active user of Ultimate Trailing Stop EA, brought up an interesting comment on that product's comment thread, which I am reposting here.
Edwin Luk:

Thank you for your clarifications. I am using an EA which uses M1 to open trades and close positions technically non-stop, certainly it is exciting if I am on the right trend. But, there are occasions that the trend reverses..you see my point. My question is, inspired by your new EA Schedule Launcher, is it possible to use a template to close the EA immediately or re-open the EA say after x hours? Thanks.

While I don't know exactly how your EA works, if it is trying to open and close positions non-stop and this exposes you to a beating when the trend reverses, you may want to consider being out of the market when you see the trend reverse. 

The EA Schedule Launcher can help you get out and back in after a schedule of x hours. Perhaps you can load up your account to myfxbook to see (in Advanced Statistics > hourly tab) your Winners Profit vs Losers Losses across the full 24 hours. You might notice that there are stretches of hours that are weaker than others, and you might not want to trade within them. 

For instance, here is an EA I use, and I highlighted the weak hours: 



I might want to consider the idea of using the EA Schedule Launcher to close my EA on hours 0,1 and also on 17,18,19,20.