Strategy for trading based on time (to try applying to BTCJPY)
The strategy I created the other dayI applied it to BTCJPY.
What kind of results will it yield…
Will I find any kind of trend…
The conditions are as follows.
Enter long at 12:00 Tokyo time, and close if not hit a limit/stop by 18:00.
(The limit width is the width of the daily ATR60, and the stop is 0.3 times the width of the daily ATR60)
Sunday
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
In the last three years, Bitcoin has tended to be bought in the first half of the week and sold from the latter half of the week toward the weekend.
I don’t know the reason. Could it be that many people are investing regularly in the first half of the week? Or that those who bought for speculation close out in the second half?
Europe and the Americas are in sleepy hours, so we can assume money moves are coming from Asia.
I plan to try other conditions and instruments as well, and if I find something interesting, I’ll write another article.
See you next time?
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