There’s no single ‘best’ strategy for algorithmic trading, as effectiveness depends on various factors, including market conditions, your trading goals and risk tolerance, and the available resources. Different strategies could work in different scenarios.
The most suitable approach would depend on your specific circumstances, including your technical capabilities, understanding of the markets and available capital. Consider combining multiple strategies or adapting your approach based on current conditions. Whatever your preferred technique, be sure to test it thoroughly before attempting it with real capital.