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Of what exactly? What is the strategy (rules for entry/exit, R/R,win rate,etc)? I would appreciate it. Thanks!
Persistence! Nothing in the world can take the place of persistence.
Talent will not ... nothing is more common than unsuccessful men with talent.
Genius will not ... Unrewarded genius is almost a proverb.
Education will not ... The world is full of educated derelicts.
Persistence and determination alone are omnipotent! Calvin Coolidge
Not really. There is an element of judgment needed to trade this strategy, and that judgment needs to be spot-on to achieve the high win rates that make the strategy profitable.
Both Mack and Byebyemoney have indicators for 2-legged pullbacks, and I expect these could be adapted to execute orders whenever an entry presents itself. But I doubt it would be profitable. There are too many entries that an experienced chart reader would skip because the context.
On the other hand, maybe some filters could make it work? Say, entering only when the 21EMA is sloping in the direction of the trade and when the r:r is less than 1:2. If I had programming expertise I might be tempted to try it.
You can include all that in an algo. Like you said you can include filters and various money management scenarios and time frames to see when it works best.
You can create an algo to do exactly what you want to do and on top of that it will never miss trade. Once you have created the algo, you can backtest it to see if the strategy has an edge and tweak it as necessary. I find that with manual trading there is no way to backtest properly any strategy to see it's robustness.
I have no programming experience and no intention to learn given the progress I've made in my price action scalping. But I do find algo trading fascinating, and I've read several books on it. Have you found success with algo trading? And to return to the topic of this thread, have you found traders on Youtube with useful material on algo trading?
I have zero knowledge of coding and no intention of learning it either. (I think most traders are like you and I) I use Sharkindicators platform that allows me to do all this. Check out their platform https://www.sharkindicators.com/products/bloodhound/ (I am by no means affiliated with them. I just like and appreciate their platform).
Algo trading has definitely given me confidence in my strategies and PL_
This thread is about "Any good traders on YouTube?" -- not about your algorithms or their results.
Feel free to set up a thread dedicated to your trading or to algorithmic trading in general. But this is off-topic in this thread, and does not belong here. We need to at least try to keep the forum reasonably organized, with posts that are related to the thread topics. Otherwise, it simply gets unfocused and scattered.
Feel free to express your views, just not in threads with an established topic that has nothing to do with your trading.
Thanks.
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote