Example B1: Trading at specific hours
This is not a ready-to-use trading strategy. A trading strategy requires adjustment to the timeframe and symbol, along with thorough backtesting. The example is intended as a foundation for your own custom strategy and to help you get familiar with the Expert Advisor Builder web application. To import and use an example, please follow the instructions provided here.
Description
This example demonstrates time-based trading restrictions, limiting activity to specific hours of the day. The strategy only allows trades between 6-11 AM and 2-7 PM, avoiding overnight sessions and lunch hours when liquidity may be lower. Visual timing indicators on the chart clearly show active and restricted periods.
The SMA and EMA crossing system provides entry signals, but only during permitted hours. Even if perfect signals occur outside these windows, the system ignores them completely. The Standard Deviation indicator manages stop losses with its proven forward adjustment system.
Fixed 0.10 lot sizing simplifies position management for beginners. Time restrictions help traders focus on the most liquid market sessions when spreads are tighter and price action more reliable. This disciplined approach prevents impulsive trading during unfavorable market conditions.
Recreate the Example
You can either import this example directly or set it up manually. To manually replicate the trading module, make sure a newly added module includes the following key settings and that the professional mode is activated:
Trade Basics
- Operation type = Long
Signal Generation - Indicators - STD
- Signal in use = On
- Signal used for = Forward
- Selected indicator = STD
- Draw in chart = Off
- Forward adjustment = 3.50
Signal Generation - Indicators - SMA
- Signal in use = On
- Signal used for = Entry
- Selected indicator = SMA
- Draw in chart = On
- Drawing slot = 1
Signal Generation - Indicators - EMA
- Signal in use = On
- Signal used for = Entry
- Selected indicator = EMA
- Draw in chart = On
- Drawing slot = 2
Signal Generation - Indicator Combinations (SMA & EMA)
- Signal in use = On
- Signal used for = Entry
- Input indicator 1 = SMA
- Input indicator 2 = EMA
- Value relation = Value x cross value x
Initial Stop Loss
- Selection = Indicator
- Used indicator = STD
Initial Take Profit
- Selection = Risk ratio
- Risk ratio = 1.40
Timing
- Visualize timing = On
- Trading hours = 6-11;14-19
Volume Calculation
- Volume calculation method = Fix lots
- Fix lots = 0.10
Screenshots
