Trend line EA

hi all!

i'm thinking of trend line based ea. Any suggestion is welcome.

Here is my idea:

ea starts in a defined time, trend line connects in the defined "look back bar" period's lows and highs.

places buy stop at up trend line + extra pip stop, sell stop at down trend line - extra pip stop.

and, for reversals, but not with limit orders:

it would be a channel on the trend lines.
channel calculated, from trend line and extra pip reversal.

in uptrend, if price moves into the channel, and turns back, ea opens sell trade if price >= trend line value - extra pip reversal.

in downtrend, if prices moves into the channel, and comes back, ea opens a buy. but only, if price is > than lower trend line + extra pip reversal.

see chart too. it is a 24 bar back on eur usd 1h. from 4 am to 4 am. on finfx broker.

red line is the 24 hour trend line. yellow one is the stop orders line, and white one for the reversal.

as you can see, first sell come @ 5:20, buy comes @ 6:15. a sell @ 9:15. a buy stop order @ 9:40