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.
Hmm, a win rate of 50% is the same as we gamble in the market, as here in the market you can really depend on the historical movement without analyzing the current timeline trend, you need to check the real-time frame trend on the same time need to know about the recent developments, and sentiments of the market in order obtain a higher win rate.
Well, that's the fact only getting dependent on the indicator won't be an efficient strategy, you need to realize that an all-rounder is the best strategy while trading in the risk investment markets. You need to have the how-know of every important factor.