Straightforward Bands with Stochastic

Bro are the settings correct, and which will be the best session to trade this strategy and is there any modification.

all the indicators shows the price movement after it happens.
If you understand the pattern of price, then you can easily read the indicators
for an example,
for multi time frame analysis , we can you different stotch values.
fast moving stotch, medium moving stotch, slow moving stotch .
for an example, when you have a slow moving stotch above level 70,
you can follow the fast moving and medium moving stotch to the slow moving stoch side.
A concep I also learned in Alien thread.

Still, you have to have a clear idea about the reason for price moving.
It's all about taking profit.
you sell from the highest value, you buy from the lowest values.

Yeah it’s good to recognize that indicators only ever reflect the past, and anything can happen next. However we see behavior patterns that happen again and again and some indicators tend to mark good entry points, but neither the indicators nor anything else can ever guarantee favorable action will follow.

The EURUSD downward action on Friday smells like the big/smart money taking out long position stops so they can enter long at good levels.

Daily pivot points and the support/resistance levels can help decide where to place stops. No one likes taking a loss and then wondering if the next signal will work out better, but these signals give so many good entry points that a discplined trader should get many 100+ pip wins.

If your approach is short term scalping, you might look at this differently.

This system is good for trending markets.
Are you able to avoid bad entries during ranging or flat market?

I believe stochastic levels can be used whether the market is ranging or trending. And in trending action, countertrend profits can be made. Discipline in closing at a predetermined stop level is always important.