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.
Yes this is normal. There is no guarantee way of making money in the markets. That’s just the way it is.
If it was this easy, nobody would work, they would just code some bot and go on vacation.
You need to learn how to trade yourself in real time and see if you can be profitable. Using a bot is not a good way to do that.
Bots will work in certain markets such as bull or bear or sideways markets. But once the market changes the bot will no longer work and by the time you configure it to another market sentiment , you would of had huge losses by then.