Pure Stochastic long only — Strategy by saucius
By saucius
Performance Metrics
- Author: saucius
- Symbol: MIL:CE
- Timeframe: 1 day
- Net P&L: +22,439.22 EUR (+112.20%)
- Win Rate: 36.7%
- Profit Factor: 1.749
- Max Drawdown: 4,132.98 EUR (13.83%)
- Total Trades: 139
- Sharpe Ratio: 0.069
Description
Just a stochastic for giving you a smart and quick signals of entering and exiting.Your enter is K>D in the low band and close > last bar's high.An Ema has been added for targeting and stops.You exit also in case of high values of K or in case D crosses over K but in the "upper".Length, periods and level of bands are personalized.The system goes long only, because it fits at best for shares only; I leave you the attemp of writing code for other classes and for going short, in particular.SUGGESTIONS:Keep Oversold period high (> 20, also 40-45)Keep Emaperiodfast higher (> 5)