Originally Posted by saintmo

Azmel,

Using default parameters mybacktest reflected loss of $11.6 thousand with 25.53% drawdown for Jan 2007 through current.

When I optimized on upper and lower stoch I was able to get $4.7k profit with drawdown of 23.41% (upper stoch = 40, lower = 80) and
$4.3k with 18.28% drawdown with upper 50 and lower 60)

When I further optimized on sl & tp (using the new 50 upper & 60 lower stoch) I achieved $7.3 thousand in profit and 20% dd. (tp1=70,tp2=120,sl=50)

However, I have yet to achieve good modeling quality. But the above shows relative results on a $50,000 account. So the approach still seems a bit iffy, even though optimizing the parameters much improved the results.

saintmo