This seems it works on a number forex pairs as show in the video. It also takes care of negative whipsaws I always come across. It is best to use the hourly timeframe. Note that the forex market data comes Oanda. I think it is safe to say you may not need Fibonacci levels nor bid/ask order books data. It is just pure price action off of hourly data. Let me know what you think via social media comments or email.
I mention I can create quick trading bots using my Python trading course if you decide to use this framework introduced here