The automated “Maximize clicks” bid strategy attempts to get advertisers the most:
clicks for their daily budget
conversions based on their conversion goals
impressions in their preferred position range
impressions for their daily budget
You can set up custom ad scheduling to show your ads on certain days or during specific times, and use the “maximize clicks” strategy to focus on increasing clicks during those days and times. Note that if you set bid adjustments based on day and time with campaigns using this strategy, those bid adjustments won’t be applied to your bids.
Maximize Clicks is an automated bid strategy that sets your bids to help get as many clicks as possible within your budget.
Read more here: https://support.google.com/adwords/answer/6268626?hl=en