It would seem we could improve on the exit with your system. If we wait until the 5/10 ema’s cross in the opposite direction on the daily chart, more often than not we will give back much, if not all, of the earned profit. Even if we close out our trades when the ema’s cross back on the H4 chart, it appears that we surrender a lot.
Perhaps I’m being short-sighted, and moving the SL120 to break-even after price hits +120 pips allows for far greater profits in the long-run by not truncating our position too early.
Maybe we should simply exit our positions when price meets the SHI channel extremes?
Anyway thanks for sharing your system.