Sounds very much like a trading system that Joseph Sammon used...

Sounds very much like a trading system that Joseph Sammon used in the (2000 to 2004 years) probably some old time traders like myself have heard of him and how to use to filter out the market noise...using previous highs, closing values, and trading volume....I trade similar with a 70 percent success rate but it only works if you get out on a 10 to 12 percent profit and definitely put a 10 percent stop loss...You definitely have to take out emotions trading like that...So I keep a couple of bottom drawer that will be winners like BIT, and play other speckies