BTC Mon 8am Buy / Wed 2pm Sell (NY Time, Daily + Intraday) — Strategy by hbayatne
By hbayatne
Performance Metrics
- Author: hbayatne
- Symbol: BITSTAMP:BTCUSD
- Timeframe: 1 hour
- Net P&L: +3,073.63 USD (+30.74%)
- Win Rate: 46.5%
- Profit Factor: 1.026
- Max Drawdown: 26,876.01 USD (114.15%)
- Total Trades: 101
Description
This strategy implements a fixed weekly time-based trading schedule for Bitcoin, using New York market hours as the reference clock. It is designed to test whether a consistent pattern exists between early-week accumulation and mid-week distribution in BTC price behavior.Entry Rule — Monday 8:00 AM (NY Time)The strategy enters a long position every Monday at exactly 08:00 AM Eastern Time, one hour after the U.S. equities market pre-open activity begins influencing global liquidity.This timing attempts to capture early-week directional moves in Bitcoin, which sometimes occur as traditional markets come online.Exit Rule — Wednesday 2:00 PM (NY Time)The strategy closes the position every Wednesday at 2:00 PM Eastern Time, a point in the week where:U.S. equity markets are still openBTC often experiences mid-week volatility rotationsLiquidity is generally highThis exit removes exposure before later-week uncertainty and gives a consistent, measurable time window for each trade.Timeframe CompatibilityWorks on intraday charts (recommended 1h or lower) using precise time-based triggers.Also runs on daily charts, where entries and exits occur on the Monday and Wednesday bars respectively (daily charts cannot show intraday timestamps).All timestamps are synced to America/New_York regardless of the exchange’s native timezone.Trading FrequencyExactly one trade per week, preventing overtrading and allowing comparison of weekly performance across years of historical BTC price data.Purpose of the StrategyThis is not a value-based or trend-following system, but a behavioral/time-cycle analysis tool.It helps evaluate whether a repeating short-term edge exists based solely on:Weekday timingLiquidity cyclesInstitutional market influenceBTC’s habitual early-week momentum patternsIt is ideal for:Backtesting weekly BTC behaviorStudying time-based edgesComparing alternative weekday/time combinationsVisualizing weekly P&L structureRisk NotesThis strategy does not attempt to predict price direction and should not be assumed profitable without robust backtesting.Time-based edges can appear, disappear, or invert depending on macro conditions.There is no stop loss or risk management included by default, so the strategy reflects raw timing-based performance.