Registered User
Joined: 7/17/2005
Posts: 11
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I would like to see the performance of what I thought would be a very easy backscan, but I must be doing something wrong. I would like to have my entry set to buy when stochastics crosses or is above (>) 80 or overbought, and my exit to sell when stochastics drops back below (<) 80. Shouldn't it be as easy as,
Buy condition: Worden Stochastics 25,10,,>,80,Bar=1Day,True1,of 1
Sell condition:Worden Stochastics 25,10,,<,80,Bar=1Day,True1,of 1
For some reason, my sell signal doesn't come when stochastics falls cross 80, it only comes after it falls all the way down to below 20 and then on it's way back up again. Any idea what I did wrong?
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Is your Worden Stochastics in the BackScanner share the same settings as the Worden Stoc you are using to visually confirm the signals on the chart?
Note that your sell signal will come the bar AFTER the stoc gets below 80.
Here is a BackScanner that worked for me. It is an entire SnapSheet that includes a Worden Stochastic that has the same settings as the BackScan.
Save it in the following folder:
\My Documents\My SnapSheets\SnapSheets
Once there, you can open it via FILE and OPEN SnapSheet and choosing MY COMPUTER
Attachments:
Worden Stoc Backscanned.bWorks - 43 KB, downloaded 499 time(s).
- Craig
Here to Help!
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