Let’s dive into the revamped Pending Orders by Time EA! This tool now lets you choose between a fixed lot size (Lots > 0 and Risk == 0) or a dynamic lot size (Lots == 0 and Risk > 0). Plus, there's a new trailing feature added to enhance your trading strategy.
This Expert Advisor specializes in handling pending orders by setting up Buy Stop and Sell Stop orders at specific times. Each pending order comes with a Stop Loss, and the EA utilizes a virtual Take Profit. What does that mean? It keeps an eye on your open positions, and as soon as your profit hits the designated Take Profit level, it closes the trade at market price.
Key Features:
- This EA operates on timeframes lower than H1.
- For instance, if you're trading on the M15 timeframe, the EA will place pending orders four times each hour: at [hour]:00 minutes, [hour]:15, [hour]:30, and [hour]:45.
Performance on EURUSD, H30
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