I’m experimenting with a trading pattern that uses no indicators whatsoever except the previous trades. I started out with a handful of fixed rules, but I tried to keep the system as simple as possible so I could concentrate on money management instead of indicators and let the markets do their thing while I observe. It basically works out to be a string of semi-random and arbitrary trading decisions that resets every week at a different profit-loss ratio.
I had to add a couple of extra rules this week to tighten things up in the wake of all the news upsetting the markets, so I’m still developing the idea. When I’ve got it together, I’m going to start a blog and post it. It’s interesting. The week I traded at a 3.5:1 profit-loss, I made quite a bit of money, but it tanked last week and now there’s a glitch in the game trading platform that might make the experiment null for the week (it quit acting on the stops and take profits).
I suppose I should emphasize that I am trading this system on a DEMO account, and not with real money.