Has anyone written some good, or found a good way in an EA or script,
to check if trading is not allowed? I have a script that is in a
constant loop (instead of relying on ticks) but it keeps looping even
when market is open and I am trying to figure out a good way to have
it break out of the loop.

I though IsTradeAllowed might work, but it looks like it could be
triggered even when market is opened and has a different meaning.