Trading/mechanical systems don't work with Forex. Forex moves in a fashion that will ensure you'll encounter drawdown eventually. Your float will be wiped out.
If you want to be a successful forex trader, trade the price action. Throw away ALL indicators. Learn to read raw price action. Price action is the here and now, indicators are lagging.
Next thing, the lowest time frame chart should be 4 hours and that should be to only used for the best place to place your trade. Higher time frames should be used to make the decision if its a buy/sell.
Learn money management or risk management. Huge subject in itself.
Don't trade for the sake of trading. Only trade what the market is telling you and not what your telling yourself. Over trading will wipe you out. Most Professionals trade the higher time frames and they understand there is only so many trades in any given time that is available.
