Trade on Timer - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources
This code is intended to illustrate the use of timers. When the signal from the timer arrives, this Expert Advisor opens the trade in a random direction.
If there are open positions when the timer signal arrives, the EA will skip the timer signal.
Timer parameters as well as Stop Loss and Take Profit values can be set in the input parameters.
Attachment download
📎 timer_trade.mq5 (3.36 KB)
Source: MQL5 #15849
Trade on Timer - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resource Usage and Screening Suggestions
Trade on Timer - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 resources are MT5 EA related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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