What strategy actually works? - page 3

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Lucky Minayo #:

I haven't thought about it this way, my idea with the 50 indicators was, if have that high number of indicators, it would help me filter out any bad trade trades, however, it proved the same, even with the 50 indicators, I still could encounter trades that are loosing.

If you want to try the other way, start with one of any of the momentum-based oscillators. Use its level and slope to determine directional bias. This is your filter. Then add two moving averages (faster than the filter) to the main chart window. Use their slopes and/or crossovers for your entries and exits--subject to the guidance of the filter.

This is general info as a starting point. The ultimately refined and precise trade logic is up to you, of course.

 
Lucky Minayo #:

I haven't thought about it this way, my idea with the 50 indicators was, if have that high number of indicators, it would help me filter out any bad trade trades, however, it proved the same, even with the 50 indicators, I still could encounter trades that are loosing.

Keep in mind that each indicator has a weakness, and with more indicators, you create more limitations and hence more confusion and less trades. Quality over quantity

 
Conor Mcnamara #:
Quality over quantity

To be perfectly honest... eyeballing 50 indicators on a chart would make me want a side of meatballs.🍝

As a caveat, there was a guy in the heyday of mql4.com who coded 100 indicators into an EA... and turned a profit. Yet another advantage of algorithmic trading, I suppose.

 
I hear you—and your experience speaks volumes. Trading since 2011, testing thousands of strategies and building as many EAs and indicators, you've clearly done the work most only talk about.

The truth is, there’s no magic bullet strategy that works forever, under all conditions. Markets evolve. What works in one regime often fails in the next. But what does exist—and what actually works—is edge + consistency + risk management + adaptability.

After building and testing that many systems, it’s not about finding the perfect system. It’s about designing a framework that can adapt, survive drawdowns, exploit temporary inefficiencies, and evolve with market conditions.

What works is:

A strategy with a measurable edge, even if small.

Strict risk control to protect capital.

A disciplined execution process, ideally automated.

Adaptability: the ability to test, refine, and replace components as the market changes.

Mindset: treating trading like a business, not a jackpot.


You've likely already built parts of this puzzle. Maybe it’s time to stop searching for the one and start refining your system—one that fits your personality, capital, time commitment, and goals.

The edge exists. But it's not found. It's engineered.
 
If you are looking for 1 really good strategy, then it is unlikely. If you have tested many strategies, use all the semi-profitable strategies together in a portfolio  
 

In my experience, automated scalping plus proper risk management seems to be a good basis for a strategy. As the other comments mention, you will not find the holy grail but at least scalping exposes you to the market for the least amount of time and therefore reducing exposure (to an extent) to harsh market manipulation and unexpected news events.

Some traders obsess over unrealistic, fixed risk to reward ratios but this is usually unsustainable in the long run. Respect for not giving up.

 
Ramsey Reed #:
automated scalping
What's your definition of "automated scalping"?
 
Lucky Minayo:
Guys, I have been trading since 2011, I have tried nearly 2000 strategies, I have build almost 2000 Eas and indicators, on this olatform and on other platform, but I have not really found what works, what actually works? and does such a thing exists? 



You need to focus on longer timeframes, 4hour/daily,   and on fewer ideas.   chasing the latest, to the minute price or using too many formulas will likely not work.  Also, I don't believe in news trading.    I have seen strategies that work well on daily chart, and yet are useless on the 15min chart failing miserably.  There's something about the daily chart and the will to take overnight risk. at the same time the brokerage industry promotes high frequency trading and misleading tools, which only helps them earn more in commissions.


in these 2000 strategies, have you tried pairs trading?  one market against another?   ie crude oil against natural gas?,   or the concept of convergence divergence between correlated markets?

or anything unusual?    the crude-gas pair alone is good for several strategies, and it's the basis for more strategies involving one more market,  I have only experimented myself, not actually done anything yet on these, but they seem very interesting. 

 
Oleksandr Medviediev #:
What's your definition of "automated scalping"?

I simply meant scalping performed purely by EAs. As it's difficult for traders to remain emotionless when trying to capture fast, small price movements manually

 
Ramsey Reed #:

I simply meant scalping performed purely by EAs. As it's difficult for traders to remain emotionless when trying to capture fast, small price movements manually

Everything here is purely by EA (99.9%)

What targets on TP and SL do you have in mind?

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