Raul,
Thank you for putting this into an easy to understand document! I have begun to backtest and have found that it is a profitable method indeed. An interesting thing I have noticed is that more ofthen than not, if the Market is able to push through the H/L and complete a candle by a meaningful degree, it can pullback deeply and still end up closing above/below the breakout (basically following the initial direction) by the close of the day. That to me was very interesting...Back to more testing...
