Closing Current-Symbol Positions After a Server-Time Deadline

Summary

The document describes a MetaTrader expert advisor that closes open positions for the current chart symbol once server time has passed a configured deadline. Its input settings include the closing time and a maximum permitted price deviation, expressed in points. This is a simple time-based position management mechanism: the user sets a cutoff, and the advisor checks whether that time has been exceeded before closing the relevant positions.

The excerpt provides only a brief functional description and the input parameters; it does not include the full implementation or explain how orders are handled in cases such as market closure, rejected requests, or partial fills. The stated scope is positions on the current symbol, so it should not be assumed to close every position across an account. No strategy rationale, testing results, or performance claims are included. The document is useful as a narrow automation concept, but practical use requires verifying the complete advisor behavior and broker execution constraints.

Key ideas

• The expert advisor closes open positions associated with the current symbol after a configured server-time deadline.
• The deadline is an input that the user can set.
• A maximum price deviation setting is provided for position-closing orders.
• The excerpt does not describe behavior across all account symbols or exceptional execution cases.
• No performance or testing evidence is supplied.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.