MMD EA TimeR

Precision Time-Based Grid Trading Automation for MetaTrader 4 & MetaTrader 5!

The MMD EA TimeR (Time Reaction Expert Advisor) is a sophisticated tool engineered to automate the placement of a pre-defined grid of orders with pinpoint accuracy at a specific time. Ideal for strategies that capitalize on market reactions to news, session opens, or other time-sensitive events, MMD EA TimeR allows traders to set up complex order structures without manual intervention.

Whether you aim to capture initial volatility or establish positions based on anticipated movements, this EA provides the framework for consistent and precise execution. Define your base time, grid structure, risk parameters, and let MMD EA TimeR manage the entry process across your preferred MetaTrader platform.

Key Features & Benefits of MMD EA TimeR

• Precise Time-Based Execution:
  • Define a specific Base Open Time (HH:MM) for the EA to initiate its trading setup.
  • Option to Open Setup Every Interval, allowing repeated grid placements at specified Open Interval Minutes.
  • Ensure setups are not too close with Min Distance Between Setups (in points).
• Advanced Multi-Level Grid System:
  • Configure up to 10 order levels (initial market order, subsequent pending orders).
  • Individual position sizes for each level (Position size 01 through Position size 10).
  • Dynamic lot sizing using Balance for position [0 - off].
  • Set custom open shifts (e.g., Open Shift 02 to 01 (Points) through Open Shift 10 to 01 (Points)) relative to the first order's entry price.
  • Hedging Capability: Use negative lot sizes (e.g., a negative value for Position size 02) to place opposite pending orders (e.g., BUY_LIMIT main grid with SELL_STOP hedge levels).
• Dynamic Take Profit Management:
  • Set an Initial TP Shift (Points) for the entire grid.
  • Two-stage TP adjustment:
    • Move TP if Move TP 1 After Entry Position Nr positions are filled, to a new level defined by TP Shift After Move (Points).
    • Further move TP if Move TP 2 After Entry Position Nr (greater than 1) positions are filled, to TP Shift After Move 2 (Points).
• Comprehensive Risk Control:
  • Define a global SL Shift from 01 (Points) for the grid, calculated from the first order's price.
  • Break-Even Function: Enable Use SL on BE, set BE Start profit (points) to trigger, and BE Gain (points) for SL placement.
  • Safe Profit Function: Use Safe Profit Function to secure profits. Parameters include Min Opened Orders To Safe Profit, Max Dist To TP To Active Function, and Dist To TP Back To Close Orders.
  • Max Daily Loss: Set Use Max Daily Loss and define Max Daily Loss (acc. currency) to protect capital.
• Trade Filtering & Direction:
  • Choose Trading Direction: Only BUY or Only SELL.
  • Trading Time Filter: Use Trading Time to specify active trading days (e.g., Trade On Monday) and Start/End Time for each.
  • MMD Trend Filter: Optionally Use MMD Filter with configurable Fast MA Period, Slow MA Period, and MA TimeFrame to align trades with MMD trend context.
• Operational Settings:
  • Unique Magic Number for order identification.
  • Adjust for Used Spread in calculations.
  • Control trade Slippage (Points).
• Visual & Interface Controls:
  • Option to Init is Trading ON (EA starts active or inactive).
  • On-chart button to easily toggle "Trading ON/OFF" status, with customizable Button font size and position (Button start X distance, Button start Y distance).
• Secure Licensing: EA functionality is managed via DLL (MMD_License_MT5.dll or MT4 equivalent).

MMD EA TimeR is built for traders who require precision and automation for time-dependent strategies. Its flexible grid and risk management options allow for a wide range of tactical approaches, from scalping news events to establishing positions at key market intervals.

By leveraging the power of MQL and a robust set of configurable parameters, the MMD EA TimeR aims to enhance trading efficiency and discipline, allowing you to execute your time-based strategies flawlessly on your chosen MetaTrader platform.

If you have any questions related to this product, write to the email address: support@magiconcharts.com.

We will be happy to answer your questions promptly.