Extreme stoch levels

[sulz]

Hello,

First thanks for creating a great tool for non-programmers.

I wanted to create a expert buying and selling when stochastics reach extreme levels, ex. when crossing 75 level buy, exit when dropping under, same with 25 levels (but selling). When backtesting in mt3 the results give some insane drawbacks which are not possible in real.

I just set buy when stoch k >= 75, close when stoch k <75, same with 25 levels. Is this the correct way to aproach it ?

jurgen

[scorpion]

Above code might buy and close many times in a single candle right? To make it better, try:

Buy Logics:
Stoch K Previous <= 75
AND Stoch K Current > 75

Close Logics:
Stoch K Previous >= 75
Stoch K Current < 75