Something that confuses me is when members talk about risk reward. They aren't going to like a strategy that has a stop loss of 10 and a profit of 8 because it has a bigger loss. Never mind the fact that they might win generally.
What I posted is not martingale. Every trading system is prediction. This one is predicting volatility. It's basically like a straddle or whatever. You are figuring that price will go past a specific distance before it goes back and forth a precise number of times. People downplay something like this but you can have a 300 page thread about using MACD. I prefer this.
If you can correctly predict volatility, you can make money without whipsawing yourself around in the market. If you can't predict volatility, no amount of whipsawing will allow you to make money. Correctly predicting is what earns money, not the way you enter and leave the market, end of story.
I made it for futures. Stop loss 2 points, target profit 10 points. Worst case scenario is you need 6 wins to make up for a loss. Best case is you need 2. You'd have to figure out how often they happen.