Utilitie Exit Scheduler

Buy Exit Scheduler trading application in the store of automated robot systems

Exit Sched­uler

Exit exist­ing posi­tions at var­i­ous days and times.

Para­me­ters

  • gmt off­set — off­set to put with respect to bro­ker’s time (in GMT)
  • tar­get hour — tar­get hour for clos­ing
  • tar­get minute — tar­get minute for clos­ing
  • para­me­ters for enabling exit at cer­tain days (Sun­day, Mon­day, Tues­day, Wednes­day, Thurs­day, Fri­day, Sat­ur­day)

How it Works

  1. Exit Sched­uler checks the cur­rent day
  2. If the cur­rent day is enabled in the para­me­ters, it checks the time
  3. If the time match­es a cer­tain exit sched­ule, Exit Sched­uler clos­es all orders

Usage

  • Exit­ing posi­tions by Fri­day — Some traders pre­fer to exit all active posi­tions by Fri­day close and keep no open posi­tions dur­ing week­ends (or even hol­i­days). Some bro­kers also lim­it their risks by reduc­ing account lever­age dur­ing week­ends, forc­ing traders to exit most, if not all of their posi­tions in the mar­ket. Doing can pro­tect against whip­saws which may occur when the mar­ket reopens the fol­low­ing week.
  • Elim­i­nate rollovers — It can also be used to pre­vent neg­a­tive rollover inter­ests that may accrue for posi­tions held overnight (espe­cial­ly Wednes­day).

The para­me­ters default to an exit sched­ule at 20:59 GMT (3:59 PM EST), which can be cus­tomized by the user.

Exit Scheduler 

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