Great 5M pullback system

Entry:
MACD (38, 120, 20) > 0
50 EMA > 200 EMA and both sloping up
Stoch (14, 3, 3) makes a pullback and goes below 50.
Enter when 5M bar is above 50 EMA and stoch is breaking the 50 lvl upwards. It is important for stoch to build up upwards momentum that is why we want it to be above 50 lvl when we enter the trade.
Stop Loss:
Place SL below the swing low or @ 20-30 pips from your entry point. It shouldn’t be more then that.
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很好的系统

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