This is a test of an easy scalping method: buy if actual close is below forecast close and sell if actual close is above forecast close. Take profit and stop loss shall be very small (few pips) as in most of scalping strategies. No filter is used for only long or only short positions, but you can select buy only or sell only based on other indicators or whatever...
Extreme channel strategy gives buy and sell signals according to given period volatility range(default is Daily). buying above upper channel while selling below lower channel. good results on different markets. xbtusd xlmusd xrpusd bchusd ltcusd …
A strategy according to extreme channel by lirshah the result of back test on btcusd H1 time frame