this is one of the best trading strategy for the newbie in technical analysis, herein we dont need to know anything about the chart, we just need to remember the numbers with their points(h4 ......l4) and the method.
It doesnot matter abt the success rate, if there were any system with the highest success rate than all would have sticked with that strategy 'cos in this mkt almost 95% are to earn money.
The most important thing abt any strategy is that we should believe into it like we believe in god or more than that and stick to it at any conditions or rumours.
This is what i think !!!!!!!!!!!!!!!!!!!!!!1