If you are that short-term over trader as in time and are noticing draw downs at particular interval's at the day or evening session you are cyclically creating a systematic system based on time only.
These types of processes are not indicative of creating continuous positive win/loss percentile of winning trades. You'll see many cyclical types of traders discuss the necessary process of inversions never defining whether it is a cyclical high or low that is coming due, you will have to add other conditions to the process either pattern recognition or technical setups at certain timestamps so you can push the optimization process to a more positive outcome.
You can do this by simply creating three to four basic 3 and 5 bar patterns being re-created or being flagged at your time intervals, if they are arriving within the window of 60% of the entire pattern that setup with trigger is created. You can also place a condition of a trading range technique as I have suggested over the years your own technique will do just find, place the setup at the time stamp in which you are looking at, if the condition are created set your trigger.
The systems can be are used globally for inter-day arbitrage and basic offsetting a larger firm inventory.
The functions to create are done quite easy today, start with simple ones and most likely stay there.
Hope that helps,
Z
When the garbage disappear from the screen which in time will happen from new post I will suggest or post things at the site and not before. This site is much more control and well maintain and I rather coast then think so much now and then any way.