Definition #
A daily calendar is a tool that allows robots to limit their trading to certain days of the week. Instead of trading 7 days a week, specific days are defined on which trading will be allowed.
Interpretation #
A daily calendar is used for several reasons:
- Avoid days that tend to produce losses to improve your profit/loss ratio and percentage of winning trades.
- Some markets are more volatile on certain days of the week.
- By limiting trading to certain days, you can test whether a strategy works better on selected days.
Parameters #
The days you want to operate will be selected.