Target Time

The Target Time strategy is designed for traders who need to execute trades around a specific future event. It provides precise timing control, using a Target Time trajectory to optimize execution around a designated point in time.

How It Works

Traders configure two key parameters:
- Target Time (UTC) – The point at which execution is most concentrated.
- Interval (in minutes) – The total execution window, defining how far trades are spread before and after the target time.
The engine follows a normal distribution for order execution:
- The mean is the target time.
- The standard deviation is 10% of the total order duration.
- 68% of executions occur within the middle 20% of the total duration, ensuring most trades happen near the target time.

When to Use This Strategy

Event-Driven Trading – Ideal for executing trades around scheduled market events, announcements, or economic releases.
Precise Timing Requirements – Best when trades must be concentrated around a specific time.
Controlled Execution – Helps manage market exposure within a defined execution window.

Potential Drawbacks

Market Volatility Risks – If the market moves unpredictably near the target time, execution may be impacted.
Timing Sensitivity – Misjudging the event’s impact or timing could lead to suboptimal execution.
Symmetric Execution – The strategy does not adapt to real-time market shifts, potentially missing favorable conditions outside the set window.

This strategy is best for traders looking to align execution with key events while maintaining controlled exposure and precise timing.