Request for a stochastic EA working on renko chart

Hello everyone

There is a strategy I want to back-test on MT4, but I don't know how to write an EA by myself The concept is very simple, on renko chart go long when stochastic oscillator closes in the overbought zone and go short when stochastic closes in the oversold zone. you close the trade when stochastic goes outside overbought or oversold zone.

See charts:

http://img861.imageshack.us/img861/9317/screend.gif

http://img857.imageshack.us/img857/3851/screen2.gif

For both charts:

- 2 pip renko blocks
- Stochastic Oscillator at 5,3,3 with color change in overbought and oversold zones (80,20)
- Chart 2 has also has a stochastic indicator that changes candle colors when in overbought and oversold zones, also set at 5,3,3 ; 80,20
(the template and the indicators are attached)

It's hard to tell if this approach would be profitable. If anyone has an EA that will work on renko and could be tweaked a bit (you are able to change stoch parameters, overbought and oversold levels, SL, TP, spread, initiate buy and sell when stoch enters oversold and overbought levels and closes orders when stoch leaves oversold or overbought zone) that would be great.

Maybe someone is up for a challenge and is willing to write the EA.

Cheers

I have an ea that i've coded using the stoch like you described. The 5-3 is way to fast and blows the account. I'm using the 21-4 right now with levels 99-1 for a trigger and a MA200-3 for direction. These settings work somewhat but still have a hard time through the range.