Time Line Auto Close is a free expert advisor for MetaTrader 4 platform that allows you to set a timer or expiry time in the shape of a vertical line, so that orders will be closed at your desired time. If you want to have a tool that will close your trades at a given time, then Time Line Auto Close EA for MT4 is what you are looking for!
Time Line Auto Close is an expert advisor designed to help you manage your orders in MetaTrader 4 trading platform.
Assume that you want to receive a notification before an event, or you want your orders closed before the release of an important news. With Time Line Auto Close, you can set timers that will close some or all of your orders.
This expert advisor can be your MetaTrader "alarm clock" and also your "order timer" depending on whether you only want to receive notifications or actually close your orders.
Timers are represented as vertical lines in the chart, so they are easy to spot and to handle. A handy table will also list your timers, so that you can identify them and change their options easily.
Time Line Auto Close have quite a few options and components, some of them are:
Time points are presented as vertical lines on the chart to be easily recognized. A table in the top-left corner of the chart will list all the timers with relevant options, so you can set the parameters with just a few clicks.
You can filter the orders affected by the timer by type (direction), magic number, and order number. Basically, you can set to apply a timer to a specific order or to orders matching a list of your criteria.
You can be notified of the timer events via on-screen alerts, email messages, and mobile app's push-notifications.
If receiving a notification is not enough for you, you can choose to set the timer to close the matching orders automatically. This is useful when you want to make sure you don't have open orders before the release of some important trading news.
You can specify a custom commentary for each timer to know why it was set up and to have a sort of description when receiving the notification from it.
You can download the expert advisor using the link below and install it by following the presented instructions.
The installation is very easy to perform; the same is the use. Once you run the expert advisor, you can set all the necessary input parameters.
Make sure you enable Live Trading in the Common tab when attaching the EA and also in the platform's menu Tools→Options→Expert Advisors. Otherwise, it won't be able to open orders.
To install the EA, please follow the instructions below:
Or you can read a more detailed instruction on how to perform the installation.