I would like to open a new thread exploring time based pattern analysis.
As a base for the thread we can start reading my article at mql4 which investigate best trading hours using metatrade 4 for analysis.
Using MetaTrader 4 for a Time Based Pattern Analysis - MQL4 Articles
Starting from this base it should be interesting sharing results of investigation
on other currency pair, using other trend detection signals, using other time frames and so on.
Results will give statistical information about best and worst trading time intervals for each currency pair, for technical indicators or for any other useful parameter suggested for this purpose.
Other interesting arguments will be effective trailing stop to be used in exit strategies related to this way to enter the market.

Best wishes,
Giampiero