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EA Schedule Launcher (ESL) is a powerful tool that allows traders to have complete control over the trading time window of their Expert Advisors (EAs) and indicators. By launching and closing EAs and indicators at custom beginning and ending times, ESL provides traders with the ability to optimize both strategy performance and terminal/computer performance in the forex market.
Key Features
- Launch and close any number of EAs and indicators at custom times
- Create and save templates to easily manage EAs and indicators
- Improve strategy performance by implementing time filtering and scheduling
- Save CPU/RAM resources by limiting EA trading to specific timeframes
Time Filtering and Scheduling for Strategy Performance
One of the most significant use cases for EA Schedule Launcher is time filtering and scheduling for strategy performance. Traders can force their EAs to work within different custom schedules, ensuring that the EAs operate and trade during specific sessions such as the US, European, or Asian sessions. By implementing time filters, traders can take advantage of more active and trendy sessions, ultimately increasing the overall strategy performance of their EAs. ESL offers a convenient alternative for traders who don’t have direct access to the source code or are unsure how to implement time filters themselves.
Time Filtering and Scheduling for MT4/Computer Performance
Another valuable use case for EA Schedule Launcher is saving on CPU/RAM resources on multiple MT4 chart instances. If an EA only trades on the close of M30 or above, running multiple instances can put a significant load on the terminal and computer resources. However, with ESL, traders can force all their EAs to run only at specific times, such as the hour mark in loop mode. This optimization ensures smoother performance with fewer glitches, even with a large number of EAs running simultaneously.
How It Works
Using EA Schedule Launcher is a straightforward process that consists of two easy steps:
Create and Save Template
To begin, traders need to create and save a template of their EA or indicator directly to the MQL4/Files directory. By right-clicking on the chart that has the EA running, traders can go to the template menu and save the template with a custom name in the MQL4/Files folder. This step allows traders to easily access their custom templates later when creating or modifying a schedule.
Create (and/or Edit) Your Schedule
The next step is to create or modify a schedule using the EA Schedule Launcher. Traders can click on the gear icon of ESL and then click the “New” button to create a new schedule. If they want to modify an existing schedule, they can click the “Mdf” button. The schedule box should be filled out with the necessary information, including the template filter, custom template, symbol filter, symbol, timeframe, start time, end time, and optional magic number. These parameters allow traders to define when the template should be launched and closed, matching the broker time.
Frequently Asked Questions
Can I use multiple templates with different schedules?
Yes, EA Schedule Launcher supports the use of multiple templates with different schedules. Traders can create and save up to 5 templates with the demo version of ESL. If more templates are needed, the unlimited version can be purchased.
Where can I find independent testing of this product?
You can watch independent testing of EA Schedule Launcher on the forexroboteasy.com website. They provide detailed reviews and updates on the performance of various forex trading tools, including ESL. Subscribing to their updates will keep you informed about the latest results of testing this product.
Conclusion
EA Schedule Launcher (ESL) is a valuable tool for traders looking to have complete control over the trading time window of their EAs and indicators. By implementing time filtering and scheduling, traders can optimize both strategy performance and terminal/computer performance in the forex market. With the ability to launch and close EAs and indicators at custom times, ESL offers a convenient solution for traders who want to improve their trading strategies and save on valuable resources. Take advantage of EA Schedule Launcher to enhance your forex trading experience today!
Have you used EA Schedule Launcher? Share your experience and insights in the comments below!
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