In this study, a mathematical analysis is presented for the hydromagnetic convective flow of an incompressible, chemically reacting, and electrically and thermally conducting viscoelastic fluid through a vertical channel bounded by the porous regime under the action of an applied magnetic field with Hall current and induced magnetic field effects. The left wall of the channel is considered to be nonmagnetic, whereas the right wall of the channel is periodically magnetized. The flow within the channel is induced due to the nonuniform wall temperature and concentration, periodic pressure gradient, and periodic movement of the right wall. The method of separation of variable is used to convert the flow governing coupled partial differential equations into the ordinary differential equations that are solved analytically, and the solution for fluid velocity, induced magnetic field, temperature, and concentration is presented in a closed form. Numerical computation has been performed to demonstrate the impact of various system parameters on the fluid flow behavior. It is observed that oscillations increase the primary flow and primary induced magnetic field. Buoyancy forces have a tendency to lessen the secondary induced magnetic field. Furthermore, it is examined that magnetic diffusivity increases the primary flow, whereas it decreases the secondary flow and primary induced magnetic field.