u/frosty123454321 ·
Reddit — r/algotrading
· April 21, 2026 at 14:03
· ⬆ 19 pts
· 💬 18 comments
| View on Reddit ↗
AI Summary
Summary
The post describes a simple algorithmic strategy with two rules: go long every Monday at a fixed time, and take every inside bar breakout with static risk/reward.
The author claims the strategy has performed well over the past year and tracks closely to buy-and-hold, without holding overnight.
Quality assessment: This is noise. The post lacks any data, code, or detailed performance metrics. It is an anecdotal claim without verifiable evidence or a specified asset class. The "works" claim is subjective and untested.
Score19
Comments18
Upvote %86%
▶ Full Post Text
I’m mainly a prop firm trader right now, but have been searching for an algo that is simple and semi predictable that I can just run in the background.
This algo might just be that. These are the results over the last year, which is arguably it’s best time frame, but its still solid over the last 6 years as well and tracks relatively closely to buy and hold. I’m not going to spill the exact risk management involved, but it’s only got two types of trades:
\#1. Go Long Every Monday at the same time every Monday. No Filters no nothing. Just go long with static risk to reward.
\#2 Take every IB breakout with static risk to reward based on range size.
It’s stupid simple, and tracks relatively closely with Buy and hold, which you can’t do with prop firms, but with this, you can get similar results. Without holding overnight.
Crazy how stupid simple this is and it lowkey works 🤦🏽♂️