I will allow myself to be very assertive on this post:
Technical-analysis-based trading approach is one big time wasting fake made for lambs.
Stop loss is one big feed-your-broker-and-'is family bs (bullshit, that is).
Martingale, Martingale and once more Martingale ---(C) Vladimir Ilyitch Ulyanov (aka Lenin)---
Only currency range probability is what matters.
What is a probability of a MACD (RSI, CCI, DPO, whatever) signal to give you 100 pips?
vs
What is a probability of a currency going 100 pips every week any direction?
Think on that and get offensively, insultively, indecently writch
I have finished, your honour.
Father Jack.