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The Expert Advisor for MetaTrader 5 SeasonalEA allows traders to buy / sell symbols on time.

For example, you can set the EA to buy on Mondays at 10: 00 and sell on Tuesdays at 17: 00.

The Expert Advisor is useful for traders who:

  • they study seasonal patterns in Forex and CFDs
  • study intraday patterns
  • learn to trade on time

The EA can work with six symbols at the same time (if you want to trade only one pair, just set the rest to zero).

Time settings:

  • firstInstrument = “symbol1”; — > the first trading symbol, for example, EURUSD
    • other symbols can be selected in the parameters secondInstrument, thirdInstrument, fourthInstrument, fithInstrument, and sixInstrument.
  • firstlots=0.1
    • other lot sizes can be selected in the secondlots, thirdlots, fourthlots, fithlots, and sixlots parameters.
  • first_Type_Operation= “BUY”; can be changed to “SELL”)
  • other symbols can be selected in the parameters secondInstrument, thirdInstrument, fourthInstrument, fithInstrument, and sixInstrument.
  • other lot sizes can be selected in the secondlots, thirdlots, fourthlots, fithlots, and sixlots parameters.

The other direction of transactions can be selected in the parameters second_Type_Operation, third_Type_Operation, fourth_Type_Operation, fith_Type_Operation and six_Type_Operation.

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Time input parameters, configurable for each character:

    • Entry_Day1=3-day of entry
        1. 1-Monday
        2. 2-Tuesday
        3. 3-Wednesday
        4. 4-Thursday
        5. 5-Friday
    • Entry_time1=12-hour login
    • Exit_Day1=5-exit day
        • From 1 (Monday) to 5 (Friday)
    • Exit_time1=22-exit time
  • Entry_Day1=3-day of entry
      1. 1-Monday
      2. 2-Tuesday
      3. 3-Wednesday
      4. 4-Thursday
      5. 5-Friday
  • Entry_time1=12-hour login
  • Exit_Day1=5-exit day
      • From 1 (Monday) to 5 (Friday)
  • Exit_time1=22-exit time
    1. 1-Monday
    2. 2-Tuesday
    3. 3-Wednesday
    4. 4-Thursday
    5. 5-Friday
    • From 1 (Monday) to 5 (Friday)
  • From 1 (Monday) to 5 (Friday)

CFD settings, comments, magic numbers, profit level, maximum number of open trades:

  • CFDtrading=false-if True, use CFDs instead of forex pairs;
  • comment = “SeasonalEA EA 2018” (comment);
  • sProfit= ” – – – Profit in money”;
  • Profit=199 (profit);
  • maxsell = 15; — > maximum number of trades to sell
  • maxbuy = 15; — > maximum number of transactions to buy
  • input int magic2 = 3456;

Settings for pop-up messages and alerts:

  • PopUpAlert= false; / / pop-up messages
  • PushAlert=true; / / push notifications

High Risk Warning: Foreign exchange trading involves a high degree of risk, which may not be suitable for all investors. Margin trading creates an additional risk of loss. Before deciding to trade Forex, you should carefully consider your investment goals, level of experience, and risk tolerance. You risk losing some or all of your funds. Don’t invest more than you’re willing to lose. You should be aware of the risks associated with foreign exchange trading and seek advice from an independent financial adviser if you have any doubts. Any information provided “as is” is for informational purposes only and should not be used as trading purposes or recommendations.

High Risk Warning: Foreign exchange trading involves a high degree of risk, which may not be suitable for all investors. Margin trading creates an additional risk of loss. Before deciding to trade Forex, you should carefully consider your investment goals, level of experience, and risk tolerance. You risk losing some or all of your funds. Don’t invest more than you’re willing to lose. You should be aware of the risks associated with foreign exchange trading and seek advice from an independent financial adviser if you have any doubts. Any information provided “as is” is for informational purposes only and should not be used as trading purposes or recommendations.

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Published

29 June 2018

Updated

Current Version

1.0

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