I just joined this forum.
First I would like to greet the seniors and forum administrators.

I am here to tell you about my simple trading method.


Please take 10 seconds to think about the following question.

“What is the most perfect trading method?”



I think that
the perfect trade
had to meet the following three conditions

1) Is the trade in a position that has a favorable stochastic P&L ratio?

2) The entry, stop-loss, and exit points are very clear.

3) Is it psychologically stable?
*can sleep comfortably at night?


I tried to find out the perfect trading method.

As a result, the Golden Ratio algorithm

The algorithm had 4 main parts.

1) Enter at the break below the bottom of the Bollinger Bands.

2) Enter only when the candle forms a tail.

3) Enter when the chart wave retraces to 0.236.

4) Enter when there is a divergence.
* The probability of trend reversal increases when divergence is formed.

1) BB breakout, 2) divergence, 3) candle tail, 4) 0.236 retracement, etc.
The algorithm is designed to enter when these signals appear simultaneously.



In fact, I've used this strategy in my own trading and it's been very profitable.


I hope everyone will actively participate in the discussion.