trend system...correction

Here's the system that seems good to me. I didn't trade it live yet, bat backtested and it seems to be good.

Indicators: Moving average = 20, MACD(12,26,9), Slope direction (trend period=30).
H1 chart.

for BUY position:
First of all, MACD histograms must be above 0 and slope direction must show up trend. Then we wait when bar closes belows slope direction. Moreover, when bar closes below, price should be above MA not more than 40-50 pips (for GBPUSD, GBPJPY) (price can be below MA, but not more than 30-40 pips). TP=100 pips for GBPUSD, TP=150 pips for GBPJPY. SL=MA level+10 pips. Also close position when slope direction change trend.

Moreover, MACD shouldn't show the change of direction when signal line goes down for many bars. It's something like divergence..

Ematrader, already has thread about that.

In my opinion that Slope Direction Line is worthless Indy.

It's re-pains like a chameleon.

He also uses slope direction, but strategy is another.

My version doesn't repaint at all, but is rather a pretty good low lag filter. Perhaps you're not clear about what repainting is. This article does a good job of explaining it: http://www.tantalusonline.com/blog/f...ting-the-past/