Let’s say I want to buy 10,000 units of AUD at 5 O’Clock. Is there any way to place an order on FXCM or Oanda platforms that automatically does this (buys a specified # of units at a specified time), or would I have to just wait until 5 O’clock and place the order manually?
Also, apologies if I’ve posted this in the wrong place, I’m new here.
If you are using MT4, the answer is no unless you code something. I don’t know about their propriety platforms, why
don’t you ask their help desk?
Why would you want to set by time? Whereas trading is based on value?
Hi Bluemarlin,
Welcome to the forum 
While there is no time-based order functionality built into either FXCM Trading Station or MT4 by default, as CodeMeister mentioned, it should be possible to code this functionality as a custom script. Is this part of a larger strategy that you would like to automate?
If you require assistance in programming, please send me a private message, and I can arrange for someone in our Programming Services department to follow up with you.
Jason
Hi Bluemarlin, Let me know what they charge for that. Just curious. But typically its not a front end function, but configured in a gateway. I can see plenty of reasons you might want to trade by time. and perhaps day of the month or week too. I wrote one that will do some position management during slow market times.