The trading system based on DEMA_Range_Channel indicator signals with the possibility to set a fixed position holding time. The signal is formed when a bar is closing if there is a channel breakthrough. Once position holding time exceeds a preset fixed limit, the position will be closed immediately:
input bool TimeTrade=true; // Enabling position exit by time
input uint nTime=1920; // Open position holding time in minutes
This Expert Advisor uses the compiled indicator file DEMA_Range_Channel.ex5 for operation. Place it to <terminal_data_folder>\MQL5\Indicators.
Default Expert Advisor's input parameters have been used during tests shown below.
Fig. 1. Examples of trades on the chart
Testing results for 2017 on EURJPY H8:
Fig. 2. Testing results chart