{quote} There's really no need to. It can be seen at a glance why it can't overall be profitable, and many posters above have tried, in various ways, to explain the underlying reason: you're trying to countertrade momentum. In clear trends, you'll be entering countertrend trades at the close of the first correction/retracement candle, simply because your stochastic and RSI indicators are in their so-called "overbought"/"oversold" areas. The reality is that they can occupy those areas for a long time, during trending markets. Imagine it as...
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Can't agree more on this. so call 'overbought/oversold' could last longer than you expect during trending, and the reversal/pullback may not be enough to hit TP. Or hit your SL before pulling back to your TP.
Follow the trend with a filter like a 60SMA would help if you wanna keep working on this strategy.
