//+------------------------------------------------------------------+
//| TradingTimesFilter_EA.mq4 |
//| Copyright © 2007 |
//| |
//| Written by Robert Hill aka MrPip for yahoo group |
//| |
//| Currently allow 3 trading sessions |
//| |
//| The code would need to be copied to any EA that you want |
//| to use a time to trade filter |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2007, Robert Hill"
#property link "http://www.forex-tsd.com/"
#include <stdlib.mqh>
extern int GMT_Offset = 0;
extern string sm="--Trading Hours--";
extern bool UseTradingHours = true;
extern bool TradeAsianMarket = true;
extern int StartHour1 = 0; // Start trades after time
extern int StopHour1 = 3; // Stop trading after time
extern bool TradeEuropeanMarket = true;
extern int StartHour2 = 9; // Start trades after time
extern int StopHour2 = 11; // Stop trading after time
extern bool TradeNewYorkMarket = false;
extern int StartHour3 = 15; // Start trades after time
extern int StopHour3 = 17; // Stop trading after time
//+---------------------------------------------------+
//|General controls |
//+---------------------------------------------------+
bool YesStop;
//+------------------------------------------------------------------+
//| expert initialization function |
//+------------------------------------------------------------------+
int init()
{
//----
return(0);
}
//+------------------------------------------------------------------+
//| expert deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
return(0);
}
// This function uses 3 trading sessions based of start and end hours
// GMT Offset is used to allow the same hours to be used with different brokers
// The GMT_Offset is added to the hours entered as inputs
bool CheckTradingTimes()
{
bool StopTrading;
int offsetStartHour1, offsetStopHour1;
int offsetStartHour2, offsetStopHour2;
int offsetStartHour3, offsetStopHour3;
offsetStartHour1 = StartHour1 + GMT_Offset;
offsetStopHour1 = StopHour1 + GMT_Offset;
offsetStartHour2 = StartHour2 + GMT_Offset;
offsetStopHour2 = StopHour2 + GMT_Offset;
offsetStartHour3 = StartHour3 + GMT_Offset;
offsetStopHour3 = StopHour3 + GMT_Offset;
StopTrading = true;
// Check trading Asian Market
if (TradeAsianMarket)
{
if (offsetStartHour1 > 18)
{
// Check broker that uses Asian open before 0:00
if (Hour() >= offsetStartHour1) StopTrading = false;
if (!StopTrading)
{
if (offsetStopHour1 < 24)
{
if ( Hour() <= offsetStopHour1) StopTrading = false;
}
// These cannot be combined even though the code looks the same
if (offsetStopHour1 >=0)
{
if ( Hour() <= offsetStopHour1) StopTrading = false;
}
}
}
else
{
if (Hour() >= offsetStartHour1 && Hour() <= offsetStopHour1) StopTrading = false;
}
}
if (StopTrading)
{
// Check trading European Market
if (TradeEuropeanMarket)
{
if (Hour() >= offsetStartHour2 && Hour() <= offsetStopHour2) StopTrading = false;
}
}
if (StopTrading)
{
// Check trading New York Market
if (TradeNewYorkMarket)
{
if (Hour() >= offsetStartHour3 && Hour() <= offsetStopHour3) StopTrading = false;
}
}
return(StopTrading);
}
//+------------------------------------------------------------------+
//| expert start function |
//+------------------------------------------------------------------+
int start()
{
//----
// Make sure you have any code to handle open positions before the code to check trading hours
// Otherwise trades will only be closed or modified during the hours you input!!
// You need to place the following code before any code that opens new trades
//+------------------------------------------------------------------+
//| Check if OK to make new trades |
//+------------------------------------------------------------------+
YesStop = false;
if (UseTradingHours) YesStop = CheckTradingTimes();
if (YesStop)
{
// Comment ("Trading has been stopped as requested - wrong time of day");
return (0);
}
//----
return(0);
}
Sample
Analysis
Market Information Used:
Indicator Curves created:
Indicators Used:
Custom Indicators Used:
Order Management characteristics:
Other Features: