Using the TrendSpider "Candle Time" Indicator in Backtests with $SPY Example Strategy Experiment

The Candle Time indicator allows you to use time-based criteria in your TrendSpider Market Scanning, Strategy Testing and Multi-Factor Alerts. In this video, Dan will show you how to use this indicator to test a trading theory: namely that if you buy the Open and sell the Close each day, you will underperform buying the Close and selling the Open each day. Is that true? Maybe. Watch the video to find out and learn how to test this, and similar strategies, yourself.

Stay safe out there. Happy trading!