Time trader v2

Time trader expert advisor opens buy, sell or both trades at the time you have specified. This EA is very suitable for hedging strategies, scalping as well as long term strategies. The EA can also be used to detect hidden time based market behaviour.

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This Expert Advisor Time trader v2 is designed to automatically trade based on specific time criteria and price levels.

The EA has several input parameters, including the lot size (Lots), take profit level (TakeProfit), stop loss level (StopLoss), slippage (Slip), trading settings, and other options.
It operates on a specific currency pair, in this case, "EURUSD."
It calculates certain values based on the input parameters, such as normalized take profit (TP) and stop loss (SL) levels and slippage in pips (Slippage).
It also calculates stop loss and take profit prices based on the current market bid and ask prices.

Checking Open Orders:

The EA checks if there are any open orders in the market.
If there are open orders, it iterates through them, checking their magic numbers to distinguish them from other EAs.

Buy and Sell Criteria:

The EA has conditions to place buy and sell orders based on the following criteria:The current hour and minute should match the specified TradeHour and TradeMinutes parameters.
The EA ensures that the magic number for buy (BuyMagicNumber) or sell (SellMagicNumber) has not already been used by other orders.

Placing Buy and Sell Orders:

If the criteria for buying or selling are met, the EA places market orders using the OrderSend function.
It uses the lot size (Lots), current ask (for buy) or bid (for sell) prices, and the specified slippage.

Order Modification:

The EA checks for open orders with the magic numbers BuyMagicNumber or SellMagicNumber and ensures that their take profit and stop loss levels are not set (0).
If take profit and stop loss levels are not set, it modifies the orders to set the stop loss and take profit based on the calculated prices from the EA's input parameters.

Error Handling:

The EA handles various error scenarios by displaying alerts and taking corrective actions.Error 130: Indicates wrong stops, and the EA attempts to retry.
Error 133: Trading is prohibited.
Error 2: Common error.
Error 146: Trading subsystem is busy, and the EA retries after a brief delay.

Here are the settings for this EA:

Lots: This parameter allows you to set the lot size for your trades. The default value is 0.1 lots.
TakeProfit: You can specify the take profit level in pips (points). The default value is 20 pips.
StopLoss: This parameter allows you to set the stop loss level in pips (points). The default value is 20 pips.
Slip: It represents the slippage in pips for order execution. The default value is 5 pips.
AllowBuy: Set this parameter to "true" if you want the EA to allow buy orders. If set to "false," the EA won't place buy orders.
AllowSell: Set this parameter to "true" if you want the EA to allow sell orders. If set to "false," the EA won't place sell orders.
TradeHour: Specify the hour at which you want the EA to execute trades. The default value is 0 (midnight).
TradeMinutes: Set the minute at which you want the EA to execute trades. The default value is 0.
MagicNumbers: You can assign a unique identifier (magic number) to the EA's orders to distinguish them from orders placed by other EAs. The default value is provided as a placeholder, but you should change it to avoid conflicts with other EAs.
BuyMagicNumber: Assign a unique magic number to buy orders placed by the EA. The default value is 10001.
SellMagicNumber: Assign a unique magic number to sell orders placed by the EA. The default value is 10002.

In summary, this EA is a simple time-based trading system that can place buy and sell market orders on the EURUSD currency pair at specific times of the day. It also ensures that open orders have appropriate stop loss and take profit levels and handles common trading errors. The magic numbers are used to identify the orders placed by this EA and prevent conflicts with other EAs.

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