> For the complete documentation index, see [llms.txt](https://docs.tread.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.tread.fi/creating-and-submitting-orders/advanced-settings/trajectories/target-time.md).

# Target Time

<figure><img src="/files/lLjP3bqxYEq7wdDfPauc" alt=""><figcaption><p>Example of Target Time Trajectory</p></figcaption></figure>

The **Target Time trajectory** is designed for traders who want to **execute orders around a specific future event**. It follows a **time-based execution approach**, concentrating trading activity **at a designated moment**, providing **precise control over execution timing**.

#### **How It Works**

* Traders configure two parameters:
  * **Target Time (UTC)** – The point when the **highest concentration of trading will occur**.
  * **Interval (minutes)** – Defines the **total duration** of the trade, distributing execution evenly around the target time.
* The engine follows a **normal distribution** for execution:
  * The **mean** is the **target time**.
  * The **standard deviation** equals **10% of the total duration**.
  * **68% of the order** is executed **within the central 20% of the interval**.

#### **When to Use Target Time**

* **Event-Driven Trading** – Ideal for executing trades around **scheduled events**, such as economic reports or earnings releases.
* **Precise Execution Timing** – Best when the majority of trading **must occur at a specific time**.
* **Controlled Risk Exposure** – Helps **manage market exposure** by concentrating execution **within a defined window**.

#### **Target Time Limitations**

* **Sensitivity to Market Volatility** – Unexpected price movements **around the target time** may impact execution quality.
* **Requires Accurate Timing** – Misjudging **the event’s impact or timing** could lead to **suboptimal results**.
* **Limited Flexibility** – The strategy **does not adapt in real-time** to market changes **outside the set execution window**.

This trajectory is ideal for **traders needing precise execution control** around **time-sensitive market events** while managing **risk exposure** efficiently.