Expansion Breakouts

Premise:

Daily range is the largest of the previous nine trading sessions, the good ones tended to have very small pullbacks so the stops should be kept tight.

For Buys:

1. Today (day one) must be a two-month calendar high. (This strategy does not use ADX, nor RS. I simply want a new high accompanied by a range expansion)
2. Today's rnage (high minus low) must be equal to or larger than the largest daily range of the previous nine trading days.
3. Tomorrow only, buy 1/8 point above today's high
4. Initial maximum risk (stop) is 1 point under yesterday's close.

For Shorts:

1. Today (day one) must be a two-month calendar low.
2. Today's range must be equal to or larger than the largest daily range of the previous nine trading days.
3. Tomorrow only, sell short 1/8 point under today's low.
4. Our initial protective stop is 1 point above yesterday's close.

How this could work intraday: