Weekly Bitcoin Timing Strategy: Monday Entry and Wednesday Exit

Summary

This strategy tests a fixed weekly schedule for Bitcoin: enter long on Monday morning and close on Wednesday afternoon, using New York time. On intraday charts it looks for the specified hours and minutes; on daily or higher charts it uses the weekday alone, so those entries and exits are only approximate. A week number check limits the script to one entry per week, and it opens a trade only when flat. The script includes a commission assumption and processes orders on bar close.

The accompanying description frames the schedule as a way to investigate weekday and liquidity-related patterns, not as a price-direction forecast. It provides no actual performance statistics, and its rationale about market activity is not established by results in the document. There is no stop loss or other risk management, so positions remain exposed until the scheduled exit. Intraday timing also depends on chart resolution, while daily bars cannot reproduce the stated times. Any apparent calendar effect would need testing across periods, costs, and market regimes before use.

Key ideas

• The script enters a Bitcoin long position on Monday and schedules its exit for Wednesday in New York time.
• Intraday charts use time-of-day conditions, while daily charts use weekdays only.
• A week-number check and flat-position condition limit entries to one trade per week.
• The document reports no performance evidence and presents the schedule as a pattern to investigate.
• No stop loss is included, and daily charts cannot match the specified intraday timestamps.

Tags

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