Well, I got on my computer and found out someone had been playing around with all the indicators I have, so I decided to do the same. So I noticed that i_Trend (attached below, indicator for MT4) has some pretty good results if used the right way. So out of curiosity I deicded to go down to an M1 or M5 chart. Sure enough this worked, and this worked well only when a certain amount of gap is between the top and bottom of the indiactor.
Here is what I mean:
http://www.forex1000.com/FXFisherman/i_Trend.gif
Now I didn't find a good enough exiting method and so decided to do a take profit. Between every horizontal line you see here is 10 pips.
I was thinking of doing either a 5 pip Take Profit or some sort of Trailing Stop?
Anywho I liked this idea because I think everyone can agree that in such a small timeframe there should be a lot of movement even when other charts are trending...
Let me know what you think, this is a screenshot of M5.