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Daily calendar

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.

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