Best time and day when our strategy works best (improve your strategy) - MT4 - MetaTrader 4 Script

introduce:

For day traders. 2 very important indicators that turn a strategy into an extreme winning strategy. Win/loss ratio and reward/risk ratio will allow us to determine the best time and day when our strategy will be most effective

For example, if we were running a bar in town, we wouldn't actually open it in the morning or afternoon because no one would come in for a drink. We will be open between 10pm and 3am because there will be a lot of customers coming in for a drink during this time. We might also want to consider that it would be best to open the pub on Fridays and Saturdays as people don't have work the next day.

So when we want to run the strategy (i.e. when we want to run a bar) we have to check it to know what is the best time and day to trade this strategy? (i.e. when is the best time for customers to come for drinks).

How to use it:

You can watch the following video which explains how

The script has 3 inputs, namely

Other trading tools

1. I have published the best trading day script ( https://www.mql5.com/en/code/31465 ).

You can also check out the video below which explains how

The script has 1 input, the number of trading days.

2. I have published a script about the best trading time ( https://www.mql5.com/en/code/31593 ).

You can also check out the video below which explains how

The script has 1 input, the number of trading days.

Attachment download

📎 sct_besttimestrategyworks.mq4 (4.65 KB)

Source: MQL5 #31708