Flip a coin every Monday. Heads, go long. Tail, go short. Stoploss at 1 ATR, and Take profit at 1 ATR too. 1:1 risk to reward ratio. After backtesting 2018, 2019, and 2020 with 28 major currency pairs. We are getting close to a 50% win rate with an 8% standard deviation. Believe it or not, this simple performs better than lots of the popular indicators out...
In my experimentation to add some sort of hedging to trades, I stumbled on the Martingale roulette betting strategy. If it works in the casino, why not here? The principle is simple: If you lose a trade, immediately go the opposite direction and double your bet. In this case, we're just applying a multiplier. The strategy is a simple EMA crossover - defaulted...