Set Trade Time?

I have searched through this forum and am looking to see if it is possible to have a trade placed at a certain time automatically? ie the opening of the next candle, the time on a clock, or anytime set by the trader.

I know that you can have pending transactions expire at a certain time but I would like a pending transaction to take place at a given time. I work throughout the day and am unable to place trades at certain candle opening/closing times. Just wondering if it is possible to set a trade to open when I want it to open.

I use MT4.

Thanks,
RCWSO

You could write an EA to do it, yes. But your system would need to be on and connected to the internet for it to work. It would not be a broker-side order.

Would an EA be able to only place a trade at a given time on a certain pair? Basically, with my work schedule I may want to open a trade on a given 4HR candle open from time to time and would only want the EA to take place on that pair.

I guess by answering my own question a bit that I could only run the EA on that pair. Yes or no?

How difficult an EA would that be to write? I have zero EA programming experience.

RCWSO

You can write one (or get one written, check the MT4 forum, they're pretty cheap) to do anything you want. For instance you could specify what time, or one what conditions, to buy and then load the chart for a pair and attach it to that chart... that way it'd buy under those conditions for whatever pair you attach it to.

Basically every bar in mt4 has a time code associated with it, you could pull the time code for the last completed 4 hour bar and if and only if it's, say, the 8am bar (so that it's completed and is now noon) then place a trade if and only if no other trades are currently placed. You get the idea...

here you go this should do it

Kiwi06,

Thanks for that. Much appreciated.

RCWSO