Topic: Asymmetrical Strategy Using Oscillator Indicators
the most popular way to use oscillator indicators such as CCI and RSI is by applying overbought and oversold zone. For example, using CCI, we want to buy when price cross the oversold level at -100 upward and sell when price cross the overbought level at 100 downward, but we can't do that with generator, because the logic will be like this instead: buy when price cross -100 CCI value upward, and sell when price cross -100 CCI value downward (not 100), that means the EA will go long if price rise from oversold but it'll go short if price fall to oversold zone again.
Another example is an exit strategy using RSI, we want to close a long trade when price enter overbought zone above 70 value, and close a short trade when price enter oversold zone below 20 value, and the EA logic will close a long trade when price is above 70 value an close a short trade when price is below 70 value (not 20).
But many times, these asymmetrical strategies are able to make profit, however I'm afraid that this kind of logic will lead the strategy into curvefitting. I would appreciate hearing your opinion on this.