台阶系统 (The Steps System)

Dear all,

This is a new system that I have been thinking of but it is still under testing. It depends entirely on price action. It is similar to fractals in someways and different in others

Rules

1- The bearish turning point occurs when there is a pattern with the highest high in the middle and ONE lower high on each side.
2- The bullish turning point occurs when there is a pattern with the lowest low in the middle and ONE higher low on each side.
3- The length of LAST candle's body (the candle on the RIGHT side) >= half of the length of the whole candle
4- Go long if there is "bullish turning point" after the close of the right candle
5- Go short if there is "bearish turning point" after the close of the right candle
6- Close each trade after the close of the first candle following the "right candle"
7- Stop loss is 5 pips above the high of the turning point when going bearish, or 5 pips below the low of the turning point when going bullish
8- Use daily or 4hr timeframe (preferable)