Exp_TimeZonePivotsOpenSystem_Tm_Plus - MetaTrader 5 Expert

The trading system is based on the time zone pivot open system and can set indicator signals for fixed holding times. If the channel breaks, a signal is formed when the bar closes. Once the position holding time exceeds the preset fixed limit, the position will be closed immediately:

 Input boolean time trading = true ; //enable closing positions by time
Input unit n time = 1500; //Position time (minutes)

In order for the generated EA to run correctly, the compiled TimeZonePivotsOpenSystem.ex5 indicator file should be located in \MQL5\Indicators folder. The trading system is a further development of the trading system Exp_TimeZonePivotsOpenSystem EA code adds the function of holding positions for a fixed time.

The EA operates on a time frame not higher than M30:

 Input ENUM_TIMEFRAMES InpInd_Timeframe= PERIOD_M30 ; //TimeZonePivotsOpenSystem indicator time range

The input parameters of the default Expert Advisor have been used during testing, as shown below. Stop loss and take profit are not used.

Figure 1. Example of trade on chart

2017 EURUSD M30 test results:

Figure 2. Test result graph

Attachment download

📎 tradealgorithms.mqh (237.01 KB)

📎 timezonepivotsopensystem.mq5 (23.32 KB)

📎 exp_timezonepivotsopensystem_tm_plus.mq5 (14.45 KB)

Source: MQL5 #22479