So what the logics? entry and exit.
logic
- when arrow show up, position LONG
- when arrow show down, position SHORT
Entry ( tf1hours )
- when arrow show up detected, take position LONG
- when arrow show down detected, take position SHORT
Exit
- close position LONG when STOCHASTIC OSCILLATOR equal or > 80.58 ( can modify later ) .
- close position SHORT when STOCHASTIC OSCILLATOR equal or < 6.80 ( can modify later )
Stochastic Oscillator
1 ) Parameters
%K = 5
%D = 3
Slowing = 3
Price Field = close / close
MA Method = linear weighted
Fixed Minimum = 0
Fixed Maximum = 100
2 ) Level
30
70
50
i'm just throwing this out there but doesn't the zigzag redraw itself, which is why it LOOKS accurate, and so any indicator based on this will inturn be inaccurate.
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TO ALL MY FRENZ..I WANT CONVERT THIS INDI TO EA, TF H1..HOPEFULLY U ALL CAN MAKE IT...