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The strategy operates on a straightforward principle:

First, we observe the market for a significant price movement, referred to as a "spike," which is characterized by a sharp increase or decrease in the asset's price within a brief period. This spike is indicative of high volatility or a sudden surge in market activity.

Once this spike has reached its conclusion, which is typically evident when the price action begins to stabilize, we initiate our trade. The closure of the spike serves as a signal for entry.

The exit strategy is predetermined by selecting a specific number of "candles" to define the duration of our trade. In the context of trading, a "candle" represents a time frame on a candlestick chart, a popular tool used to describe price movements of an asset. By choosing a set number of these candles, we establish a time-based exit point for our trade.

This approach requires careful timing and precision, as entering and exiting the trade hinges on the ability to interpret and react to rapid changes in the market.