Strategy for trading on time (Using TradingView's Pine Script)

I tried creating a time-based trading strategy using Pine Script built into TradingView.

If you specify the trade direction, day of the week, and time (entry and exit), you can easily check its trading performance.

▼ Parameters

For example, if you short USD/JPY during Tokyo time on a certain day from certain hour to certain hour, then ...

Over roughly the last four yearsthe profit factor is an impressive 1.462!

▼ Backtest results

You can easily verify things like this.

If you’re interested, please paste the script below into TradingView's Pine Editor and save to use it.

From here onward is paid content

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Reference price (JPY): ￥1,000 (taxed)