A powerful simple system

A powerful simple system for trading lower time frame,it use bolliner bands,stochastics and EMAs only:-
Look for the the bellow requirements for a long set up

a)Is price touching or piercing the lower
Bollinger band;if yes follow rule 'b";if
no then do not trade

b)Is stochastics oversold and below the
20 line;if yes follow rule "c";if no no trade

c)Do you see any one of the candle formation as bullish pin bar;doji;long bearish candle and immedietly long bullish candle approximately of same height.;if yes follow rule "d";if no no trade

d)Is candle formation is in conflunce with one or more of the following support areas;
Trendline/horizontal support line/50 ema/200 ema/Price round number.
If yes it is a high probability trade.If no then also you can enter into a trade.This
trade is a low probability trade.

NB:-stochastic %K=8;%D=3;slowing=4.
BB period=20,deviation=2
Reverse the rules for a sell setup.

A powerful simple system