EA to Open trade at specified time | Forex Factory

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EA to Open trade at specified time

  • #1
  • First Post: Edited 6:05pm Nov 12, 2006 5:45pm | Edited 6:05pm
Does anyone know of an EA or can create one to do 2 different time related orders.

1). To open a market order (with SL and TP) at a certain time of day

2). Open a BUYSTOP/SELLSTOP (with SL and TP) at a certain time of day based on the hourly open. So for example to open BOTH a BUYSTOP and a SELLSTOP at 7AM that is 50 pips from the 7AM open price. BUYSTOP at +50 pips and SELLSTOP at -50 pips.

thx in advance
  • #2
  • Nov 13, 2006 3:59pm Nov 13, 2006 3:59pm
If (Hour()==7 && Minutes()==0 && Seconds()==0) { //Hour might be Hours
OrderSend(Symbol(),OP_BUYSTOP,1,Ask+50*Point,3,Bid-SL*Point,Bid+TP*Point,"My order",16384,0,Green);

OrderSend(Symbol(),OP_SELLSTOP,1,Bid-50*Point,3,Ask+SL*Point,Ask-TP*Point,"My order",16384,0,Green);
}


SL and TP can be any integer values, just declare them in the beginning with
extern int SL=50;
extern int TP=50;

Also, 7AM on your broker's server might not the same as on you own clock. You'll just have to readjust this based on your broker's time zone.

Hope that helps,
andersenws
"Youth is the trustee of prosperity." - Benjamin Disraeli
  • #3
  • Nov 13, 2006 4:53pm Nov 13, 2006 4:53pm
Quoting andersenws
If (Hour()==7 && Minutes()==0 && Seconds()==0) { //Hour might be Hours
OrderSend(Symbol(),OP_BUYSTOP,1,Ask+50*Point,3,Bid-SL*Point,Bid+TP*Point,"My order",16384,0,Green);

OrderSend(Symbol(),OP_SELLSTOP,1,Bid-50*Point,3,Ask+SL*Point,Ask-TP*Point,"My order",16384,0,Green);
}


SL and TP can be any integer values, just declare them in the beginning with
extern int SL=50;
extern int TP=50;

Also, 7AM on your broker's server might not the same as on you own clock. You'll just have to readjust this based on your broker's time zone.

Hope that helps,
andersenws
Thanks. I think I have gotten it but I'm having a problem with the second stop order being put in over and over again. For instance, if the buystop is first it does fine and puts in one order and then the sellstop comes in and puts in order after order for one minute. I'm still trying to work it out but I have it in two seperate EA's, one for buystop and one for sellstop (in case lots/sl/tp need to be different). Any thoughts ? I can post both to look at and see what I might have done wrong.
  • #4
  • Nov 13, 2006 5:02pm Nov 13, 2006 5:02pm
First run a function to count your open orders. For example:



for (i=0;i < OrdersTotal();i++){OrderSelect(i,SELECT_BY_POS,MODE_TRADES);

if(OrderSymbol()=="GBPUSD" && OrderType()==OP_SELLSTOP)
SellPending++;
}

Then once you know how many open orders you have (in this case sell stops), you can determine whether or not you should open another:

if(SellPending==0){

Ticket=OrderSend(Symbol(),OP_SELLSTOP,Lots,EntryShort,3,SLShort,TPShort,NULL,0,0,Green);
SellOrderFlag=True;
GlobalVariableSet("LastOrderTime",OrderOpenTime());
}

As you can see, in order to place an order, I must have no pending orders currently open. Also, you shouldn't have a problem doing buys and sells in the same EA. Its basically the same code.

Hope this helps a bit.
  • #5
  • Nov 13, 2006 5:08pm Nov 13, 2006 5:08pm
Sorry the code is a bit choppy due to syntax and the forum, but hopefully you get the gist.
  • #6
  • Nov 14, 2006 11:38am Nov 14, 2006 11:38am
Quoting twinchell
Sorry the code is a bit choppy due to syntax and the forum, but hopefully you get the gist.
Thanks Twinchell. I think I finally have gotten mine to behave but if not I will definitely incorporate this code. Thanks all for the help.
  • #7
  • Feb 19, 2007 7:26pm Feb 19, 2007 7:26pm
Just want to know if anyone got the EA to work?
  • #8
  • Feb 19, 2007 7:59pm Feb 19, 2007 7:59pm
have a look at this,,,,
Attached File(s)
File Type: mq4 OpenWithMagic Feb 17.mq4   2 KB | 3,741 downloads
  • #9
  • Sep 23, 2007 9:37am Sep 23, 2007 9:37am
How does the magic number relate to time?
  • #10
  • Jun 25, 2008 7:58am Jun 25, 2008 7:58am
I'm sorry, I know this thread hasn't been updated in awhile, but I'm having a little trouble following - is this thread for people who want to be able to use Metatrader 4 to enter a trade at a set time?

I'd like to be able to enter a trade automatically at a certain time that I set. Is this possible?
Do you think the karate kid knows kung-fu?
  • #11
  • Jun 25, 2008 8:20am Jun 25, 2008 8:20am
This EA has the kind of time-coding you need.
Alter it to your needs:

http://www.forexfactory.com/showthread.php?t=93169
Dave
  • #12
  • Jun 25, 2008 5:09pm Jun 25, 2008 5:09pm
Thank you very much, I'll take a look!
Do you think the karate kid knows kung-fu?
  • #13
  • Jun 17, 2010 3:21am Jun 17, 2010 3:21am
I run this code but sometimes is working and sometimes is not. I do not understand why? I even remove the seconds so it has 1 minute to run and sometimes it does not execute the orders. any ideas?


Quoting andersenws
If (Hour()==7 && Minutes()==0 && Seconds()==0) {...
  • #14
  • Feb 27, 2019 5:05pm Feb 27, 2019 5:05pm
Hi guys,

How can I create an EA that sends a market order once a day? This means: once a order sent with that magic number this EA no more send any order. Can you help me?

Quoting jhathawa
Does anyone know of an EA or can create one to do 2 different time related orders. 1). To open a market order (with SL and TP) at a certain time of day 2). Open a BUYSTOP/SELLSTOP (with SL and TP) at a certain time of day based on the hourly open. So for example to open BOTH a BUYSTOP and a SELLSTOP at 7AM that is 50 pips from the 7AM open price. BUYSTOP at +50 pips and SELLSTOP at -50 pips. thx in advance
  • #15
  • Last Post: Sep 8, 2019 9:06pm Sep 8, 2019 9:06pm
Hi guys
I would like to know if it is possible to create an indicator like to the example below.
Sorry for the bad
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