RSI 和 MA 通道 (RSI and MA Channel)

Hi, this is something I've been looking at for the past few weeks. Might need more tweaking, but I think entry conditions are quite solid and very clear.

SELL WHEN CANDLE OPEN OUTSIDE OF CHANNEL
AND CLOSE INSIDE CHANNEL BETWEEN THE OUTER LINE(YELLOW)
AND THE MIDDLE DOTTED LINE (RED) WHILE RSI (7)
CROSS OR BELOW 30

SL IS HIGH OF CANDLE THAT CLOSED INSIDE THE CHANNEL

SET SL TO BE WHEN PRICE TOUCH CENTER LINE OF MA (WHITE LINE)
OR CLOSE HALF ORDER AT THIS POINT AND TAKE PROFIT
WHEN PRICE REACH THE OTHER SIDE OF THE CHANNEL.

OPPOSITE FOR BUY ORDERS

I'm attaching the template file:

SMA 150 (white) with levels 500 and -500 (yellow) - USE 50 FOR 4 DIGIT BROKER
SMA 149 (white) with levels 250 and -250 (red dotted) - USE 25 FOR 4 DIGIT BROKER
RSI 7 with levels 30 and 70

I'm currently running it on AUDUSD H1 and have not spend much time on other currencies. Feel free to explore.

08 Oct 2012 - Seems to produce false signals in strong trendy markets - proceed with caution.