Strategy per day

Anyone using different strategies for different days?

 

What do you mean by different days? Many strategies don't apply everyday or all the time.

 

I mean Monday,Tuesday,Wednesday...etc.Volume tends to lower on Monday,Friday usually closes higher,Monday and Tuesday seem more active,etc..

 

I do DoW / ToD analysis (DoW : Day-of-Week, ToD : Time-of-Day) on my strategies, and use it to filter out unreliable time windows.

Be a little cautious, because results might not be statistically significant, if using too short period of time for analysis.

 

What is ''unreliable time windows''?

 

Recurring periods of time during which a strategy produces results "far away" from its nominal results.

 

hint: Like I kow humans have to eat somewhere between 11:30am - 1:30pm