My strategy is based on several standard indicators (not custom, but indicators that are integrated in MT4 like MAs) and a bit of price action (mainly pinbars and engulfings). I am aware that no one can predict the future, but perhaps someone could predict it close enough. My question is:
Will my indicator-based strategy ever stop working?
Raw price action strategies will always work, but let's assume that my indicator-based strategy yields a winning rate of 70% (made up number). Since I have my edge, I plan to use it for the next 40 years but since it is indicator based, I am worried that the winrate will slightly reduce each year or each few years or so until it completely stops working.
Would that be possible? It's scary to think about it. And would it make a difference if it's custom indicators that calculate something specific? I am a bit confused how to look at this issue ... if it's an issue of course.
Feedback would be appreciated.
Will my indicator-based strategy ever stop working?
Raw price action strategies will always work, but let's assume that my indicator-based strategy yields a winning rate of 70% (made up number). Since I have my edge, I plan to use it for the next 40 years but since it is indicator based, I am worried that the winrate will slightly reduce each year or each few years or so until it completely stops working.
Would that be possible? It's scary to think about it. And would it make a difference if it's custom indicators that calculate something specific? I am a bit confused how to look at this issue ... if it's an issue of course.
Feedback would be appreciated.