Setting Capturing Time with Media Express

Does anyone knows if it is possible to set the amount of time to capture with Media Express? I don't think it makes sense to be monitoring the capturing process and them manually turn it off by clicking on the capture button. Seems like a basic function to set the time and let it software turn off the capturing so that you don't have to sit in front of the computer for a couple of hours to turn capturing off.

I have tried setting the "IN" and "OUT" times but that doesn't work for me.
Please let the know. Thank You.