Close position after 5 minutes !

[Johnny_PRD]

Hello !

I didn't found an solution for me in which to close an open position after 5 minutes from BUY. I use MT5:

The reason because I want that my open position to be close (doesn't matter profit or loss) is because I want to use my strategy for 5 min (or less) scalping trading. At the moment my all opens positions are closed later than 5 minutes. So, instead to see a new position open after 5 min (of course based on my signal) but closed after 5 min, all positions opened are close later.

I waiting yours advice with higher interest to can go on with my strategy.
Thanks to all members for support.
Kind regards.

[seb 0]

@johnny_prd
Hi, think you can do it :

[l'andorrà]

You can try this:

[seb 0]

@l-andorrà
If the expiration is supposed to close the trade, it has never worked for me :

Duno why

[Fabien S]

expiration time doesnt work in strategy tester

[seb 0]

@fabien-s
Oh ok that's unfortunate thx

[ambrogio]

@fabien-s Yes, it works

[Johnny_PRD]

@l-andorrà thank you very much for feedback!
Also for me doesn't work this option from BUY. Perhaps we have need other conditions before in order to can work!

[Johnny_PRD]

@ambrogio thank you for feedback. You can show me please some example where it works?
Thank you.

[Johnny_PRD]

@seb-0 thank you for support. I will try this strategy tomorrow and I will let you know how work.

[ambrogio]

@johnny_prd said in Close position after 5 minutes !:

@ambrogio thank you for feedback. You can show me please some example where it works?
Thank you.

Sure!

[Johnny_PRD]

@seb-0 many thanks for recommendation !
The single difference between your advice regarding to "Close position", is that I use "Close". So everything work perfect : close your position at your time imposed (doesn't matter value of time).

Many thanks to all for support and advice.
Keep in touch and have a great day !

Kind regards.

[seb 0]

@johnny_prd
"Close positions" works fine for me, maybe its because you are on MT4 i'm on MT5, but you can use "close" if it works like that.
Your welcome.

[Johnny_PRD]

@seb-0 I use MT5 ! Unfortunately in the past was not possible for me to close a position after an imposed period of time. Using this method, position is closed automatically.

[rusen]

may I ask a question. How can I close the trade after 5 (or 7 )

[l'andorrà]

@rusen That is what is explained in the previous posts. Just use the 'expiration mode' option as above.