At least you seem to have whittled your number of indicators down to what I would call an absolute maximum. You could probably still carve away some more in time,
I think the key thing here regarding entries is that you have to decide the priorities you are applying to each of the signal generators. I.e. one main indicator provides the signal and then look to the others for confluence. If you only act when all are saying the same thing then it might sometimes get a little confusing what to believe.
But, like with all methods, the key to its prosperity lies more in the exit part of the strategy rather than the entry - and that is an area that gets surprisingly little attention.
The other key area is the policy regarding position sizing and possibly scaling in and out. A consistent, disciplined and gradual expansion of risk and money management will provide the growth if the method is also consistent over time.
I appreciate @dpaterso’s view of forex trading, but I do not share it. ONe can see trends in currency pairs as much as in commodities and indexes. It is just a matter of finding the right gloves to wear…
I cannot comment specifically about ADX or stochastics as I have never used them. But I see no reason why your MA basis should not be productive - if you get an exit strategy to work with it.
I thought the same thing, but of course, any MA structure will “look good” at certain times - and then play hell with whipsawing in a drifty market going nowhere.
My own view is that any collection of indicators will have the same “achilles heel”: They are all based on mathematical formulas and would work fine and consistently if market prices always moved in the same flows, paces and patterns - but that is not the case, as we know!
So any combination of indicators is inevitably designed for a specific “template” of price movement characteristics. When price movements fall into that pattern then all things are fine - but when they don’t, well it is not going to work at all well during that phase. This is why I think there is always a need for personal discretion and experience in deciding when to act and when to stay out.