SMA signal works with RSI and Stochastic

This system works based on daily charts of any currency pairs. You would need SMA (150), RSI (3) with levels at 80 and 20, and full Stochastic (6, 3, 3) with levels at 70 and 30. 1. When price is above 150 SMA, RSI below 20 and Stochastic lines below 30, LONG with a new price bar once Stochastic lines crossover. 2. When price is below 150 SMA, RSI above 80 and Stochastic lines above 70, SHORT with a new price bar once Stochastic lines crossover. 3. At the moment of entry, set STOP LOSS at the most recent low for LONG position and at the most recent high for SHORT position. 4. Take profit at the first Stochastic lines crossover above 70 (LONG) or below 30 (SHORT). Or, For uptrend, a trailing stop below the previous bar’s lowest price is activated when Stochastic lines reach 70 the first time and is updated with each new price bar. For downtrend, a trailing stop above the previous bar’s highest price is activated when Stochastic lines reach 30 the first time and is updated with each new price bar. This strategy can avoid many of whipsaw trades. It can be improved by applying Fibonacci for best exit points once in trade, as short-term retracements will be predicted and avoided for early exit.