It can work with >1h time frames, but so far I have got the best results on 12h time frames.
THIS IS A VERY RISKY AND DANGEROUS STRATEGY, BECAUSE IT HAS NO RISK MANAGEMENT INSIDE, NO STOP LOSS AT ALL.
For this example, I used an initial 1000$ account, using always full capital on each trade(without using any leverage), together with a 0.1% commission for each deal, on binance broker.
The best pairs so far I have found working are ETH/USDT and ETH/EUR
The components for the inside of the strategy are the next one :
1. Inside candles logic can be selected between HaikinAshi candles or normales ones.
1. A modified version of the default PSAR indicator, with a faster and smoother transition
2. 3 different moving averages types like T3, Mavilim, , with different values like fast, normal and slow
3. Price action logic for ascending and descending movement using different comparisons
4. direction average over x period of candles
It uses no security at all ( except if you want to use the inside HA candles), no multiple time frames, and has no repaint.
All of this can be tested using the replay function from TradingView
The long entry logic is completely different than the short entry logic.
Short side is using different mechanics and more advanced price action in order to function on both bear/bull markets.
If you have any questions or you are interested in trying it, private message me and I will give you as soon as I see the message a trial for it.
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