Dislikedyes you had a valid signal but as you can see on my chart, you'll see that the 4h stoch moved below 50 line that an indication of a downmove...Ignored
Based on ur rules, we have a Buy Signal if :
1. H4 Stoch is >50
2. Yellow Stoch is cross up 23.6
3. Price is above MA200
But in ur chart u BUY on this condition :
1. H4 Stoch is <50
2. Yellow Stoch is cross up 23.6
3. Price is below MA200
This BUY decision is good, i see u got >80pips.
But how about the main rules, there's additional rules maybe ?
This day i got 14 signal from 15 pairs.
The result is very good, only 3 small loss without caught by the SL.
I use 1:1 Money Management with 1% risk, not all catch the TP, some of them exit manually because i'm not sure about the direction.
But overall it's a nice simple system,
nb: forexperts, can u post more another winning charts based on valid condition (main rules & addition rules)