5 min EUR/USD GBP/US, USD/JPY Power system

5 min EUR/USD GBP/US, USD/JPY Power system below is my strategy. to try it out as it does produce good profits. you make pips everyday.
Overview:
Name: The Power
Pair: EUR/USD GBP/US, USD/JPY, indices: S&P 500, Dow, Dax.
Time: 5min
Sessions: London and New York
Indicators
MACD Oscillator: (12,26,1 (
Stochastic Oscillator: (5,3,3)
Exponential moving average, EMA: 5 to the close
Exponential moving average EMA: 5 to the open
Rules 5 min EUR/USD GBP/US, USD/JPY Power system
Trade signals are only confirmed on closed candles/bars.
Long Entry
a) stochastic crosses upward from the 20 line and is not ovebought;
b) The MACD going upward near above zero line;
c) The Signal candle/bar closes higher bullish
d) The 5 ema to the close crosses up 5 ema to the open
Stop Loss is the low of the previous candle or 20 pips EUR/USD , 25 pips USD/JPY and GBP/USD)
exit position when the 5 ema to the close has crossed downward the 5 ema to the open
Short Entry
a) stochastic crosses downward ;
b) The MACD going downward near below zero line;
c) The Signal candle/bar closes lower bearish
d) The 5 ema to the close crosses down 5 ema to the open
Stop Loss is the low of the previous candle or 20 pips EUR/USD , 25 pips USD/JPY and GBP/USD)
exit position when the 5 ema to the close has crossed upward the 5 ema to the open
no trades during economic news annuncements.
Risk is set to 1%
Take profit is based on market conditions, reversal patterns or a cross of the two ema's.
5 min EUR/USD GBP/US, USD/JPY Power system

5 min EUR/USD GBP/US, USD/JPY Power system

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