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Trading session

The Trading session – Prevent open module, will prevent opening orders outside opening and close times.

Example: we set the module to only open orders between 09:00 and 15:00. The module prevents opening orders from 15:00 afternoon till the next morning 09:00. So, if you set the trading session to between 09:00 and 15:00, then you allow an order to be opened at 9:30 or 10:00, but not at 18:00 or 06:00 (outside of the session). In this example, if the Open signal (Open buy/ Open sell) activates at 09:10 then the module won’t prevent the order from opening.

You will have to make sure the times are set based on your broker’s server time correctly. You can find your current broker’s server time at the top of the Market Watch in MetaTrader, or in the top left corner of the chart after adding your EA.

Orders will be closed by Close- Signals and Modules within or outside of these times; this module will not automatically close orders. Neither will it prevent the order(s) from being closed. Only 1 modules of this type can be added. This module can be used in collaboration with the Trading session exclusion module.

Settings

  • Start Hour (servertime): the hour (using 0-23) when opening new orders/ positions start. Setting it to 13 equals 1PM.
  • Start Minute (servertime): the minutes (0-59) when opening new orders/ positions start.
  • Stop Hour (servertime): the hour (using 0-23) where opening orders/ positions have to be stopped.
  • Stop Minute (servertime): the minutes (0-59) when opening new orders/ positions have to be stopped.

You can set, per day, if the module should affect your EA (Monday, Tuesday, Wednesday, Thursday, Friday Saturday or Sunday, at server time). So if you only enable Monday and set your Trading times between 09:00 and 15:00, then your trading times are only affected on Monday. On all other days, your EA will be able to trade whenever it needs to. If you need to disable trading on the other days, please also add the Trading session exclusion module.