No long streaks allowed approach to trading ideas?

Hi everyone!
I'm looking for a forex approach (Risk Reward 1:1) that will be having not long streaks of Losing Trades in a row. I don't care for having any long winning streaks to balance it. I don't even need to be at 50% win rate. I can take even 45% or even 40% Win rate. All I'm interested in, is not having Long streaks of losing trades.
Something like L,L,W,L,L,W,L,L,L,W,W,L,L,W can be even cosidered accepatable.
Does anyone know something that can make this(not long losing streaks, I don't care for having winning streaks) happen?
Thank you in advance and have a nice day!

Hi, johnwester, and welcome to FF!

You do not want what you are asking for, and here's why:

First if your Reward/Risk is 1:1, then your win rate MUST be greater than 50% to make money over time. This is because your BEWR (Break Even Win Rate) with an RR of 1:1 is at 50% as given by this formula:

BEWR = 100 × (Risk / (Risk + Reward))
BEWR = 100 × (1 / (1 + 1))
BEWR = 100 × 1/2
BEWR = 50%

Second, to be a successful trader, you must fully accept and embrace losing trades, even if you have ten losers in a row. This assumes you are consistently following a proven strategy.

The first strategy you should learn is PASR which is Price Action coupled with Support and Resistance.

Search for the PASR thread in this forum.

https://www.forexfactory.com/thread/...s-free-trading

MCheyne

Exactly like MCheyne told you, you're in a wrong way. You can't profit with RR 1:1 an winning rate less than 51%. Even with such rates this will be worthless.

i back test this strategy with 40-60 percent winrate on tradingview. its 1:2 rr tho. u can check it if its gonna work on u on demo / backtest.
https://tinyurl.com/59kmn8y2