FR - Trading a trend - on a trend - on a trend

Trading idea of following the trend of a trend of a trend.

Cyan line traces the continuous daily high's and lows.

Blue line traces the continuous higher highs - higher lows or
lower highs - lower lows of the cyan line

Purple line traces the continuous higher highs - higher lows or
lower highs - lower lows of the blue line.

The combination gives Target, and Stop Loss settings