Played around with this strategy .
Made 10 trades , one of the orders are 2 trades in one . And the first loss shouldnt bee there , i messed up the time on that one , price went in favor directly after close. So in the picture is a 80% success rate , but should have been 90 % .
The wick indicator alerts when the wick starts to form , and the moving average tells you in what direction you should trade .
Yellow moving average is above the blue = trade down if the wick indicator alerts that it penetrated upper or lower line.
Blue moving average is above the yellow = trade up if the wick indicator alerts that it penetrated upper or lower line .
Dosn't matter if the wick indicator says buy or sell , if it alerts look at the moving averages .
Dont trade when the spaces between the moving averages are to close .
I traded on 1 minute timeframe with 2 minute expiry.