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I started to test it yesterday. I found out the followings:
working without S/L can get u out of money.
1H TF is really a good TF
working with 1M TF will get u in a bit early
I created a 3 test account with big money just to let it run.
the 1st is 1H with 50pips S/L
the 2nd is 1M
the 3rd is 1M with a BuyLimit and SellStop of 7 pips from the original entry point. (I use a corrected version)
I will let u know about the finding within a week, and keep u inform
Here some results from Today.
1M no S/L - All the proffits trades are gone because of the no S/L other trades (one of them lost so far 300pips)
I post here the results. I am not going to test it anymore. I think it is too risky to trade that way.