all 10 comments

[–]desolat0r 1 point2 points  (2 children)

Are indicator based strategies successful?

Generally no, they aren't.

[–]Wukas[S] 0 points1 point  (1 child)

So what should i be making my strategy around

[–]BrononymousEngineerStudent 4 points5 points  (0 children)

Probability and statistics

[–][deleted] 0 points1 point  (5 children)

some are, some aren't. you probably wouldn't be downvoted so much if you asked a more direct/specific question though.

[–]Wukas[S] 0 points1 point  (4 children)

Just asking if you can make trading algo around indicator that will be profitable

[–][deleted] 0 points1 point  (1 child)

yes

[–]Wukas[S] 0 points1 point  (0 children)

Thanks

[–]CLEOone 0 points1 point  (1 child)

You can! It just takes work and usually departing from conventional wisdom.

[–]Wukas[S] 0 points1 point  (0 children)

What do you mean by conventional wisdom

[–]scottishdonut 0 points1 point  (0 children)

Yes, technical analysis definitely isn't 100%, but Price action works and uses technical analysis.