TradeScheduler

Table of Contents

About EA Broker Currency Pairs Time Frame Display Period of Account History Parameter Description Frequently Asked Questions Update History

About EA

An EA that trades at the specified date and time. An EA that trades on Gotobi daysGotobiis provided, but there were requests to operate it every day, so a new EA was created that can trade on arbitrary days. From Gotobi functionality, processing related to Gotobi days (including additional orders) has been removed, and a trading date setting feature has been added. You can specify the trading days by weekday (Mon–Fri) or by day of the month (1–31); by default it trades every day.

Broker

It supports brokers in any time zone. By default, it uses U.S. daylight time and supports brokers with daylight GMT+3 and standard GMT+2. For other brokers, you will need to adjust the parameters related to time difference.

Currency Pair

Any currency pair is fine.

Time Frame

Any time frame is fine.

Display Period of Account History

Not mandatory, but it is recommended to set MT4's "Account History" tab display period to "All History"BesidesThis is recommended because it may affect EA behavior. When determining whether trading can start, the EA searches the trade history to confirm whether a trade has not been made on that day. The search target is the same as the contents displayed in the "Account History" tab. Therefore, if the display period is "All History," all histories will be searched. The more histories there are, the more results to search, which can slow processing. Unless there are unusually many histories, this should be fine, but if performance becomes slow, please check your settings.

Parameter Description

Order Type

Sets whether to place a buy or sell trade.

Lot Size

The lot size used when trading. If 0, it becomes a variable lot.

Reference Amount for Variable Lot Calculation

When using a variable lot, the amount used to calculate the lot size. You can choose from "Account Balance," "Equity," or "Free Margin."

Amount per 1 Lot

When using a variable lot, the base value for calculating the lot size. The number of lots is calculated as: (Reference Amount for Variable Lot Calculation) / (Amount per 1 Lot). For example, if set to 1000000, then when amount is 10000 (yen, dollars, etc.), 0.01 lots; amount 100000 -> 0.1 lots; amount 1000000 -> 1 lot.

Maximum Lot Size

When using a variable lot, if the calculated lot size exceeds this value, it is capped at this value. (When using fixed lots, the fixed lot size is used as-is and not adjusted by this value.) The maximum lot size varies by broker, so set it according to your broker.

Take Profit (units: pips)

If a value other than 0 is set, a take-profit limit order is placed corresponding to that value when trading. For currency pairs quoted against the yen, 1 pip equals 1 sen (0.01 yen). For buy positions, TP is the entry price plus the take-profit amount; for sell positions, TP is the entry price minus the take-profit amount. (Example) Pair: USD/JPY Trade type: Buy Trade price: 100.00 Take profit: 10 ↓ Take profit price: 100.10

Stop Loss (units: pips)

If a value other than 0 is set, a stop-loss limit order is placed corresponding to that value when trading. For currency pairs quoted against the yen, 1 pip equals 1 sen (0.01 yen). For buy positions, SL is the entry price minus the stop-loss amount; for sell positions, SL is the entry price plus the stop-loss amount. (Example) Pair: USD/JPY Trade type: Buy Trade price: 100.00 Stop loss: 10 ↓ Stop loss price: 99.90

Profit Amount

If a value of 1 or more is set, monitor unrealized profit/loss during the trade. When unrealized profit (sum of all positions if additional orders exist) reaches or exceeds the take-profit amount, a market close is executed at that moment. If the trade end time occurs before the take-profit amount is reached, the trade is closed at the end time as usual. (Example) Pair: USD/JPY Account currency: JPY Take profit amount: 10000 ↓ If unrealized profit reaches 10000 JPY, close at that time If end time occurs before reaching 10000 JPY, close at end time

Notes

Closings are executed at market price. Therefore, actual realized profit may not match the take-profit amount exactly. The same applies to the stop-loss amount below.

Stop Loss Amount

If a value of 1 or more is set, monitor unrealized profit/loss during the trade. When unrealized loss (sum of all positions if additional orders exist) reaches or exceeds the stop-loss amount, a market close is executed at that moment. If the trade end time occurs before reaching the stop-loss amount, the trade is closed at the end time as usual. (Example) Pair: USD/JPY Account currency: JPY Stop loss amount: 20000 ↓ If unrealized loss reaches 20000 JPY (i.e., profit becomes -20000 or worse), close at that time If end time occurs before reaching 20000, close at end time

Trade Start Time (Hour)

The hour value of the time when trading begins, i.e., when a position is opened.

Trade Start Time (Minute)

The minute value of the time when trading begins.

Trade End Time (Hour)

The hour value of the time when trading ends, i.e., when the position is closed.

Trade End Time (Minute)

The minute value of the time when trading ends.

Trading Duration (Hours)

The duration from start to end in hours. From this value and the "Trading Duration (Minutes)" value, trading duration is calculated. Trading Duration = Trading Duration (Hours) * 60 + Trading Duration (Minutes) If Trading Duration is greater than 0, positions are closed not at the end time but after the elapsed trading duration from the start time (i.e., start time + duration).

Trading Duration (Minutes)

The duration from start to end in minutes. From this value and the "Trading Duration (Hours)" value, trading duration is calculated. Trading Duration = Trading Duration (Hours) * 60 + Trading Duration (Minutes) If Trading Duration is greater than 0, positions are closed not at the end time but after the elapsed trading duration from the start time (i.e., start time + duration).

Notes

If the end time is later than the start time (start < end), closings occur on the same day at the end time. Otherwise (start >= end), closings occur on the next day or later. (Examples) Start time: 9:55, End time: 9:56 → close at 9:56 on the same day Start time: 9:55, End time: 9:55 → close at 9:55 on the next day Start time: 9:55, End time: 9:54 → close at 9:54 on the next day Note that "next day" may be used because the market may be closed the next day after the start date. For example, if the start date is Friday, the next day is Saturday. If the end time is after the market close on Saturday, it will not close on Saturday but extend to the next week.

Chart GMT Difference

The time difference (time zone) of the chart relative to GMT. Please set according to your broker. Based on this value, the chart time is converted to Japan time. For example, if set to 2, it is treated as GMT+2, and the difference from Japan time (GMT+9) is 7 hours, which is added to the chart time to reflect Japan time. That time is displayed at the top left of the chart.

Daylight Saving Type

If this value is "America", when the chart date falls under American daylight saving time (second Sunday in March to first Sunday in November), the value of "Chart GMT Difference" is increased by 1. If "Europe", when the chart date falls under European daylight saving time (last Sunday in March to last Sunday in October), the value of "Chart GMT Difference" is increased by 1. If "Other/None", no increase. (Example) Chart GMT Difference: 2 Value "America" → American DST makes it 3 in DST, 2 in standard time Value "Europe" → European DST makes it 3 in DST, 2 in standard time Value "Other/None" → always 2 If your broker uses American daylight saving time, set to "America". For European daylight saving time, set to "Europe". If you use other daylight saving times or no DST, set to "Other/None". For other DST, manual adjustments are required, but during DST, set the Chart GMT Difference to the DST difference, and during standard time, set to the standard difference.

Continue Trading After Start Time

If true, trading can begin from the start time until the end of that day (23:59:59). If false, trading can only begin within the start time window. (Example) Start time: 9:00 If true → trading window: 09:00:00–23:59:59 If false → trading window: 09:00:00–09:00:59 If there is market movement within the trading window on a trading day, a new order will be placed and trading will begin. Set this parameter if you want to ensure trading can start even if you could not start during the start time for some reason.

Magic Number

The EA's magic number (a value that identifies the EA). The default is 222222, but any value is fine as long as it does not clash with other EAs you use. If you run this EA on multiple charts, set a different value for each. If the values are the same, trading states are shared, and trading on one chart will prevent trading on the other.

Trading Day Setting

Specifies the weekday (Mon–Fri) or day of the month (1–31) on which you want to trade. If a weekday parameter is set to true, trades will be made on that day. If a day parameter is set to true, trades will be made on that day. (Example) Current date: 1st (Mon) Weekday "Monday" is true → trade Day "1" is true → trade If both "Monday" and "1" are false → do not trade

FAQ

How can I get it to work with my broker?

Depending on the broker, you need to adjust the parameters "Chart GMT Difference" and "Daylight Saving Type". Check your broker's website for GMT difference (timezone) and DST information. As described in this document under "Broker," if your broker matches the following conditions, the default settings are fine: - GMT Difference: DST GMT+3, standard GMT+2 - Uses American daylight saving time Otherwise, please refer to each parameter description to set them. After setting and running the EA, the chart's top-left will display Japan Time. If the settings are correct, that time should match actual Japan time.

Update History

Version 1.00

First edition

Version 1.01

Added parameters "Trading Duration (Hours)" and "Trading Duration (Minutes)". If Trading Duration is greater than 0, positions are closed not at the end time but after the trading duration has elapsed since the start time (i.e., start time + duration).