Awesome Idea, Lately I have seen some simple yet creative Ideas I think the most interesting part that it seems to me almost mechanical & well-thought trading system at the same time which will reduce psychological effects on trading decisions and increase confidence by executing quality trades with a recurring patterns
Prepared the dashboard template, will test the upcoming trading week and update with my findings
For the Target, I think we may use the 0.5 or 0.618 ABR (Average Bar range) for the 1 H TF for fixed target - or trail stop loss based on tick volume clusters on 1M (or both of them by splitting position size)
Thanks A gain for sharing Your idea !