Entry TP and SL for MetaTrader 5 Time Trader Management Expert | Forex Indicator Download - MT4/MT5 Resources

The Entry Take Profit Stop Loss Time Trading Manager is an innovative semi-automated tool on the MetaTrader 5 platform that facilitates precise trade entry, exit and timing.

This trading tool enables traders to manage their trading accuracy in more ways by providing complete control and discipline beyond entry conditions , position sizing and timing.

Specification sheet of the Entry TP and SL Time Trading Manager on MetaTrader 5

The table below outlines the features of this Trade Entry Management Expert Advisor.

Entry TP and SL Time Trading Manager Overview

The EA uses an interactive structure that allows the user to first enter the position type, volume and entry conditions through the dedicated Trading Finder panel.

Then, by setting a timeline on the chart, the exact execution time is scheduled for the entry order, thereby achieving precise, scheduled entry.

Transaction enters activation step

Activation steps for entry TP and SL Time Trader Manager Expert Advisor are as follows:

#1 Start the process

Click the "Open" button located on the left panel of the chart to initiate the trade entry process.

#2 Select transaction type

In the right box:

• A small window pops up to collect the user’s input information;
• Enter the position type (Buy or Sell) and desired lot size , then click Confirm .

#3 Set Entry Time

After selecting the position type:

• A green vertical dotted line appears on the leaderboard;
• This green line represents the scheduled trading time and can be moved forward on the chart.

#4 Entry Condition

The EA only opens a position when the following two conditions are met:

• The market crosses green time line ( time condition );
• The price reaches a predefined entry level ( price condition ).

Note : During all steps, the execution status can be monitored via the "Expert" tab in the "Toolbox" MetaTrader section. Any changes, alerts or executions will be displayed there .

Trade Exit Steps

The Entry TP and SL Time Trader Manager EA allows timed and partial trade exits. The closing process is accurate and real-time trader intervention measures are as follows:

#1 Close Panel

Click the "Close" button on the left panel of the EA. A new panel will open to the right of the chart showing exit settings.

#2 Choose Exit Type

On the top row, three filters help manage deal closing:

• L (Loss) : Close the losing transaction;
• P (Profit) : Close profitable transactions;
• P&L : Close the trade regardless of profit or loss.

Note : This helps traders focus only on specific trade types.

#3 Set Exit Percentage

In the second line, the numerical options (100%, 50%, 25%) define the closing volume:

• 25% : close a quarter of the position;
• 50% : close half of the position;
• 100% : Close the position at the scheduled time.

#4 Schedule your exit

After selecting the exit type and percentage, a red vertical dashed line appears on the chart. This line represents the scheduled exit time and can be moved forward on the chart.

#5 Confirm and execute

After setting the exit conditions and time, click Confirm to save the instruction.

At a predetermined time, if the price is within the market range, the EA will automatically close the position (or part of the position) without manual intervention .

Conclusion

The Entry Take Profit Stop Loss Time Trading Manager provides precise control over time , volume , and market conditions , making it an ideal tool for managing trading in financial markets such as Forex and Cryptocurrency .

The main functions include: entry and exit , filtering profit/loss status based on position, partial closing by percentage .