Alright then.
It is very simple. The system checks HHV and LLV of the first one hour after market opening (let's say from 8.30 to 9.30 ). Then the Buy signal is given while next HIGH (means first high after first hour) is crossing HHV of first one hour (8.30-9.30). If the price after crossing the HHV falls below - it does not matter - the signal was given and the system has to live with that. With SELL signal is simlar - next LOW (after 8.30-89.30 period) crosses LLV of first hour.
In the real life, while fluctuation is really high, the system can give few signals, f.e. BUY then after 2 hours SELL, then after next time BUY again, etc. What I would like to have is the rule which allows the system to give only one (first) signal a day. After first signal system refuses all next signals until end of this day. The system works on 15minutes candles.
Hope it is more clear now?
Regards,
Marcin