Definition #
A time filter is a tool that allows you to limit trading to certain times of the day or week. Instead of trading 24/7, the robot defines a specific time period during which trading will be allowed. Outside of this period, new trades will not be opened, or existing trades may be closed automatically, depending on the settings.
Interpretation #
A time filter can be used for several reasons:
- To adapt to volatility: Some markets are more volatile at certain times of the day, so you might choose to trade during those times.
- To avoid certain periods: You may want to avoid those times of high volatility, so you can also choose the opposite, which would be to trade outside of those hours.
- To test strategies: By limiting trading to certain hours, you can test whether a strategy works best over a specific time period.
Parameters #
The user defines the desired time period, specifying the time interval in which he wants the operations to be executed, setting the start and end time.
