Skip to content
All library documents

Time-Scheduled Trade Entries with a Trading Expert Advisor

Article MQL5 code base

Summary

The document describes an expert advisor that opens buy trades, sell trades, or both at a user-specified time. It presents this time-based entry mechanism as usable for hedging, scalping, longer-term approaches, or investigating recurring market behavior tied to particular times. It does not explain how trade direction is chosen, how positions are managed, or what time zone and market schedule the tool uses.

The listed revisions address broker compatibility, ECN account support, and avoiding entries close to a specified second. No performance data, backtest results, or examples support the suggested applications. The document therefore explains a configurable execution trigger rather than a complete trading strategy; outcomes would depend on the user's signal logic, order handling, and market conditions.

Key ideas

  • The advisor can schedule buy trades, sell trades, or both for a specified time.
  • The described trigger may be used in hedging, scalping, or longer-term strategies.
  • The document suggests time-based entry as a way to explore recurring market behavior.
  • Updates are described as improving broker and ECN compatibility and excluding nearby seconds.
  • The document provides no evidence of profitability or details about position management.

Tags

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