This is Trend following strategy.
This strategy calculates the higher high or lower low of a look back period. If the previous high or low is breached, a signal to enter market is given.
This strategy works well with regular candles and line charts if you find the right settings and chart time frame.
Give it a try with your settings & post your feedback and suggestion if any for improvement.
I had automate this strategy with broker using Trading view Alert feature to get some live results on NSE:Banknifty1!