RCTime of Day strategy

Do you feel as though you are becoming predictable in your trading. Do you get out of bed turn on the computer and just dive straight in. Are you entering your trades at the right time of day or the right day of week. What is your expectation of success trading into the weekly close, is it a REALISTIC EXPECTATION.

I must stress that this is a guide tool and I have only used it in practice trades to help break my habbits of just jumping in Monday when the markets open looking for any trade or being sucked in toward the end of the week. Thinking there was a move comming only to be dissapointed.

With this strategy you can quickly ask the Question what if I enter a long position at the same time every day would I be profitable. I personally was quite surprised that hypothetically I could have achieved a 63% win rate trading with the trend 50 pip stop 50 pip target going long AUD/USD at 123000 (12.30 noon)  over the last 12 months. Or hypothetically a 70% win rate same setup but short at 92000. With this little helper I can look back at each trade and get a better understanding of my timing errors. Note the time is set as a variable int and must be numbered correctly 1 am is 1 00 00 ,  11.30am is 113000, 7.15 pm would be 191500 and so on. If you want to optimize it could be done in 5 min intervals 500 or 20min 2000.

The updates will fix the time errors I am still working on it. Youtube video on how to download and install to NT7 HERE, video on how I use it HERE.

Youtube video HERE

I give you the AARCTimeofday strategy with a 30 day free trial.

This strategy goes with the RC TimeOfDay Indicator as a package.

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