I have been testing indicators and strategies for a while trying to come up with profitable ways to trade. But I cant seen to beat a winning rate of about 50% on a 1:1 risk reward. Nothing I tried is giving me an edge
While testing some pinescript code yesterday using a basic strategy for testing purposes of entering trades when a green candle appears after a red one I also got a win rate of 50%. So I cant seem to beat a coin toss.
You are going to have to tinker around your risk reward ratio mostly and the take profit percentages. You may also explore other strategies and indicators as well. Also, a market condition matters a lot. Certain trading strategies work so well when the market is trending, while others are far better when the market is moving sideways. Nothing comes easy mate.