EA Coding for 1 order per day.

Yes I have used the search function.......

I downloaded an EA from FxAutomated and it executes a trade at a certain time of day. This is what i am looking for to research my strategy BUT it will not open a new trade until the previous is closed. I need it to open 1 trade a day regardless of if there are any open orders.

I purchased a book "Expert Adviser Programming" but I have failed to change the code properly. I can make it open more trades but it opens more than 1 trade per day.

I know about FIFO rule but this is only a researching tool. I downloaded MT4 from a broker outside the US for DEMO purposes only. The EA is listed as free on their site and with the MQ4 code so I will post it here but if this is not allowed mods please delete the code.

Thank you

Bill

//+------------------------------------------------------------------+

//| time trader.mq4 |

//| Copyright © 2012, www.FxAutomated.com |

//| http://www.FxAutomated.com |

//+------------------------------------------------------------------+

#property copyright "Copyright © 2012, www.FxAutomated.com"

#property link "http://www.FxAutomated.com"

//---- input parameters

extern string time_trader_v2="visit www.FxAutomated.com for more!!!";

extern double Lots=0.1;

extern int TakeProfit=20;

extern int StopLoss=20;

extern int Slip=5;

extern string TradeSettings="Mt4 time(min-max): hours 0-23, minutes 0-59, seconds 0-59";

extern bool AllowBuy=true;

extern bool AllowSell=true;

extern int TradeHour=0;

extern int TradeMinutes=0;

extern string MagicNumbers="To be changed in case of conflict with other EAs";

extern int BuyMagicNumber =10001;

extern int SellMagicNumber =10002;

//+------------------------------------------------------------------+

//| expert initialization function |

//+------------------------------------------------------------------+

int init()

{

//----

Alert("Visit www.FxAutomated.com for more goodies!");

//----

return(0);

}

//+------------------------------------------------------------------+

//| expert starts |

//+------------------------------------------------------------------+

int start()

{

//----

int StopMultd,Sleeper=1;

int digits=MarketInfo("EURUSD",MODE_DIGITS);

StopMultd=10;

double TP=NormalizeDouble(TakeProfit*StopMultd,Digits);

double SL=NormalizeDouble(StopLoss*StopMultd,Digits);

int Slippage=Slip*StopMultd;

// Calculate stop loss

double slb=NormalizeDouble(Ask-SL*Point,Digits);

double sls=NormalizeDouble(Bid+SL*Point,Digits);

// Calculate take profit

double tpb=NormalizeDouble(Ask+TP*Point,Digits);

double tps=NormalizeDouble(Bid-TP*Point,Digits);

//-------------------------------------------------------------------+

//Check open orders

//-------------------------------------------------------------------+

if(OrdersTotal()>0){

for(int i=1; i<=OrdersTotal(); i++) // Cycle searching in orders

{

if (OrderSelect(i-1,SELECT_BY_POS)==true) // If the next is available

{

if(OrderMagicNumber()==BuyMagicNumber) {int halt1=1;}

if(OrderMagicNumber()==SellMagicNumber) {int halt2=1;}

}

}

}

//-------------------------------------------------------------------+

if((halt1!=1)&&(AllowBuy==true)){// halt1

// Buy criteria

if ((TradeHour==Hour())&&(TradeMinutes==Minute())) //Signal Buy

{

int openbuy=OrderSend(Symbol(),OP_BUY,Lots,Ask,Slippage,0,0,"time trader buy order ",BuyMagicNumber,0,Blue);

if(openbuy<1){int buyfail=1;}

fex.sleep= 86400;

}

}// halt1

if((halt2!=1)&&(AllowSell==true)){// halt2

RefreshRates();

// Sell criteria

if ((TradeHour==Hour())&&(TradeMinutes==Minute())) //Signal Sell

{

int opensell=OrderSend(Symbol(),OP_SELL,Lots,Bid,Slippage,0,0,"time trader sell order ",SellMagicNumber,0,Green);

if(opensell<1){int sellfail=1;}

int fex.sleep= 86400;

}

}// halt2

//-----------------------------------------------------------------------------------------------------

if(OrdersTotal()>0){

for(i=1; i<=OrdersTotal(); i++){ // Cycle searching in orders

if (OrderSelect(i-1,SELECT_BY_POS)==true){ // If the next is available

if((OrderMagicNumber()==BuyMagicNumber)&&(OrderTakeProfit()==0||OrderStopLoss()==0)) { OrderModify(OrderTicket(),0,slb,tpb,0,CLR_NONE); }

if((OrderMagicNumber()==SellMagicNumber)&&(OrderTakeProfit()==0||OrderStopLoss()==0)) { OrderModify(OrderTicket(),0,sls,tps,0,CLR_NONE); }

}

}

}

//-------------------------------------------------------------------+

// Error processing

//-------------------------------------------------------------------+

if(buyfail==1||sellfail==1){

int Error=GetLastError();

if(Error==130){Alert("Wrong stops. Retrying."); RefreshRates();}

if(Error==133){Alert("Trading prohibited.");}

if(Error==2){Alert("Common error.");}

if(Error==146){Alert("Trading subsystem is busy. Retrying."); Sleep(500); RefreshRates();}

}

//-------------------------------------------------------------------

return(0);

}

//+-----------------------------------