Currency: EUR/USD
Time Frame: 1 Hour
Indicators: EMA 50 & SMA 3 on chart. Full Stochs (50, 60, 30) with an EMA 8 attached. MACD (65, 75, 35) with an EMA 8 attached.
Stop Loss: 50 pips, or use a trailing stop.. Still figuring out what's best.
Take Profit: 100 pips, or just wait for a new signal. My personal target is about 100 pips, price could go even higher/lower but I'm happy with 100 pips per trade.
Enter a position when the SMA 3 has crossed the EMA 50 on chart, and MACD or Full Stochs has crossed the EMA 8! It doesn't have to cross the original signal line yet, this will happen a few moments later.
So, enter a trade when EMA 50 and SMA 3 have crossed AND Full Stochs OR MACD have crossed their EMA 8. Remember, you don't have to wait for the MACD or Stochs to cross their own signal line, just crossing their EMA 8 is enough, but never enter a trade before the EMA 50 and SMA 3 have crossed too!