Monday-to-Tuesday Long Strategy with Percentage Stops

Summary

This short-term strategy opens a long position near Monday’s close and plans to exit near Tuesday’s close. It also sets a percentage stop loss and take profit relative to the entry price; if neither is reached, it closes the position at the scheduled Tuesday exit. The published default settings use a 4% stop and a 3% profit target, and the backtest configuration specifies BTC/USDT futures over a limited period.

The document explains the entry and exit timing and suggests adding higher-timeframe trend filters, tuning stop and target levels, and checking behavior across instruments. It does not provide performance statistics or evidence that the proposed timing effect improves results. The schedule is tied to market-session hours, whose meaning can vary by instrument and venue, and the strategy may trade against the broader trend or behave poorly in changing market conditions. Stop and target execution, fees, and slippage could also affect realized results.

Key ideas

• The strategy enters long within the final hour of Monday’s session.
• It exits within the final hour of Tuesday’s session if neither threshold has been reached.
• The stop and target are defined as percentages of the entry price.
• The document recommends trend filters and cross-instrument robustness checks but reports no performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.