Trendline trading?

Been doing this for a few months now. I've tried a lot of different algos, but none of them were significantly profitable, atleast enough for me to commit with a live trading account.

I was always wondering if trendlines worked, and so I am wondering– do trendlines yield a good win loss ratio alone? Should they be used solely as a tool for entry (like candlestick patterns), or can I trade from the trendlines by themselves? The internet is filled with all sorts of nasty information regarding stock market strategies, and I was just wondering if this one has any value from an algorithmic trading standpoint.

Submitted November 13, 2020 at 03:36PM by lowhearted

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