An EKG electrode needs to be Ag/AgCl to be reliable. Making your own is a good start to poor results.
Your comment comes off as "this other way that you are not doing is the best way, so you way may as well not even try". This is Hacker News, after all. A hack is, by definition, slapped together from what's available on hand.
Silver wire is pretty cheap online, so it's not too hard to get started.
http://www.amazon.com/Kendall-Covidien-200Series-Electrode-F...