What strategy actually works? - page 7

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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? 

All strategies, indicators and filters succeed in some markets and fail in others. You can develop an entry plan supported by some filters, trend and momentum indicators. Do not set fixed thresholds for filters or indicators. Make them dynamic and adaptive. After that, you will definitely achieve a good success rate. If you reach a success rate on the backtest of 50% with traditional risk management 1:2, this is very good. You can then improve the strategy through risk management such as partial closure or multiple targets. In this way, you will achieve a success rate of 80%, which is excellent.

 

Could you say that the right strategy is the one where the rules work for the designated timeframe?

Point movement is different per timeframe, and point rules can be consistent on a timeframe. Each timeframe is a different universe. You should be in one universe, or else you should be outside of the boundary of time.

 
From my experience, the most important factor is not chasing high returns, but preserving capital. A low-risk scalping approach where the focus is:
• keeping drawdown close to 0%
• aiming for steady daily growth (~0.5–1% per day)
Over time, the compounding effect becomes more powerful than trying to hit big trades.
 
Conor Mcnamara #:
I’ve got an economist locked up in my basement. Every morning, I shake him violently by the shoulders and yell, ‘Up or down?!’ Then I trade whatever he mumbles. If I lose a trade, he gets punishment.

This is my strategy. Have you tried it?

Hilarious 😂 
 
What actually works — and it took me years to realize this — is focusing on specific market sessions. For example, an ORB strategy when the market opens on certain pairs or indices, because that’s when real moves happen. But chasing some holy grail system that works all the time? No way. That doesn’t exist.
 
dim ugo #:
What actually works — and it took me years to realize this — is focusing on specific market sessions. For example, an ORB strategy when the market opens on certain pairs or indices, because that’s when real moves happen. But chasing some holy grail system that works all the time? No way. That doesn’t exist.
However, there is a huge statistical edge with some indicators.

Funnily enough, the best indicators are ones people never heard of. 
 
Conor Mcnamara #:
However, there is a huge statistical edge with some indicators.

Funnily enough, the best indicators are ones people never heard of. 

Never-heard-of indicators?

Don't tease the respected community - name one or two.

 
Oleksandr Medviediev #: Don't tease the respected community - name one or two.
I suspect that Conor is referring to magic indicators (external payment products), so if that is the case, it is better that he does not tell us about them.

Although perhaps that is already the reason why he has not mentioned them. 😋
 

Understood. Still, I like certainty - happy to take DM from @Conor Mcnamara

If nothing by tomorrow morning - will assume it's just a troll talk by Conor.

 

no I mean traditional high quality indicators which never get talked about:

  • Nadaraya Watson Envelope/Estimator
  • Ehlers Three Pole Super Smoother
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