trading strategy advice

[cattu04]

hello, I needed some inspiration on high win rate trading strategies based only on technical indicators. To be more specific, I would need ideas for strategies with win rates >65/70% that have a +0.3%/0.5% profit per trade.

 

[joyny]

NZDJPY

Use Daily Moving averages based on the median price

Enter only on round hours between 7:00 and 13:00 (London time). So, when time is for example 11:00 (opens new H1 bar) then check entry rules.

Entry BUY: MA5 crossed MA50 from above (we expect for retrace)

Entry SELL: MA5 crossed MA50 from below (we expect for retrace)

Set TP 0.4% and SL 0.5% from entry price.

Here backtest results for 2013 till 2020:

And here forwardtest from 2020 till now:

 

[Quantt]

hello, I needed some inspiration on high win rate trading strategies based only on technical indicators. To be more specific, I would need ideas for strategies with win rates >65/70% that have a +0.3%/0.5% profit per trade.

Whatever you do, please do not pay for what people will offer you and do not trade real money before test this for at least 2 market cycles...

 

[tomorton]

Hi cattu04.

Good marks for wanting a strategy to trade. You cannot make consistent profits by luck alone, you need a consistently profitable strategy.

But you only need one. Maybe two. Definitely demo trade any strategy before committing real money.

Remember there are only two strategies - buy because price has been rising, or buy because price has been falling. Vice versa for selling.