The "No Weekend Holding" Algo is a simple algo that is designed to close open trade(s) before the weekend and open them again after the weekend. This can be used for prop firms not allowing weekend holding or if you simply want to eliminate the risk of weekend gaps in your trading.

Features:

• Closes trades before the weekend on the set time
• Reopens trades after the weekend on a set time
• If a trade can not be opened anymore because SL or TP has been hit by a weekend gap it does not open the trade anymore
• There is an option to choose to open the trade immeadiately with SL and TP or to open the trade first and then place the SL and TP back once the trade is open. The 2nd method is more accurate but some brokers/prop firms might require a SL upon opening the trade.