sticking with One strategy

Hi All

I am following of stoch/MACD/Candlesticks/BB.I am using this strategy for intraday on yahoo and it works most of the time only we have to understand the charts.
draw trendlines from top and bottom candle for S/R
First look if slow stoc is overbought and creating a hinge at top and price touching upper band
then look if macd bars are declining that is must

buy puts for one strike above current price and wait for atlest 10-20 point profit in puts based upon market outlook(i.e global market dow fut/europe) if bullish then wait for 10 points and if bearish wait for 20 points

Please post ur thoughts on this
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The Strategy for option trading outlined by you is really appreciable for its practicality, and I am following this strategy for trading on Option - both for CALL and PUT option. The point of difference with you is, when I take decision to select a PUT contract to buy. It is that Strike Price should be Out-of-Money i.e, just one step down from Current price. Because should I buy a Strike Price one step above the Strike price (In-The-Money) I am really buying the accrued profit element which is not a good decision. The decison to buy one Out-of-money in PUT, will be supported by the "Hinge" formation at the highest level of Slow Stochastic. Similarly in case of Call Option for Out-of-Money Strike Price (just one step above the CMP), should be on the basis of "Hinge" at bottom level of slow Stochastic line. In addition to the above Strategy, I pay special attention on the "Retracement Level" vis-a-vis the position of PRICE BAR in the Price Chart (EOD), then Volatility of the day calculated as ((High-Low)/Close), along with the deviation of current volume from the average volume. If the current volume is below the average volume for consecutive 2 days a fall in price is not far off. This belief is confirmed with the "Retracement point" and the position of Price Bar on the Chart. I am following this strategy since last two years. I find it as time -tested one. Waiting for your further views.