Yes, the traditional twist as it goes through the pedal works very well, specially if you have the thicker "laminated" type of strap with the plastic middle layer in them to fight stretching.These thicker straps tend to be much stiffer and should only require one whole twist to stay put. If you are using the thinner single layer leather straps or the nylon woven straps, you might want to put two or more twists in them to stay put. You can also use one of those small screw-on plastic pull buttons (if you can still find them) between the pedal cage supports on the strap to keep it from moving around.

Chombi
84 Peugeot PSV
85(?) Vitus Carbone Plus 7