Stochastic, RSI and EMA

This trading system uses a combination of simple indicators and has clear definition of entry and exit points. It can be used on any currency in any time frame. The four indicators are 5 EMA, 10 EMA, Stochastic (14, 3, 3) and RSI (14, 70, 30). You enter a LONG position when: 1. 5 EMA crosses 10 EMA from below 2. Stochastic lines are heading north (up) but below 80 level (not overbought) 3. RSI is above 50 You enter a SHORT position when: 1. 5 EMA crosses 10 EMA from above 2. Stochastic lines are heading south (down) but above 20 level (not oversold) 3. RSI is below 50 You exit when 5 EMA and 10 EMA cross in the opposite direction than the entry OR if RSI crosses the 50 level again.