Anyone ever traded this 3-bar pattern?

Been messing around with charts looking at various breakouts and setups. Been looking at this pattern and doing a little bit of a manual backtest seeing if a system could be made from it. Examined EUR/USD 5 min charts. Early days. Not sure if it's a Japanese candle pattern - it kinda looks familiar.

It consists of 3 bars. For longs, bar 1 has to be bearish, bar 2 has to be bullsih AND make a lower low/lower high than bar 1. Bar 3 has to also be bullish making a higher low/higher high,than bar 2. The high has to be higher than bar 1's high.

Take profit = the range of bar 2 and bar 3. Stop loss is low of bar 2.

For shorts, bar 1 has to be bullish, bar 2 has to be bearish AND make a higher low/higher high than bar 1. Bar 3 has to be bearish and make a lower low/lower high than bar 2. The low has to be lower than bar 1's low.

Take profit = the range of bar 2 and 3. Stop loss is the high of bar 2.

Note - this is just an idea! Charts to follow.

I have not traded it and am not a coder but this pattern does not appear difficult to code for testing. The parameters are simple.

Forgive my inexperience but is this pattern a pinbar/spinning top on a higher tf (combining the three bars together)

I guess you have to consider the preceding trend, naturally.

Why should the pattern work ? For longs, my guess is:
Bar 1- gives bearish traders a bias to go short.
Bar 2- bears enter on break of that bearish bar 1 and put their SL on other side of Bar 1
Bar 3- Bears are stopped out + (resumption of trend / potential bulls that are on the sidelines enter because they see that bears are rejected )

Can/Should the pattern be optimized for best trades by, for example, filtering according to bar sizes/ bar closes ? Should bar 1 & 3 close near their low/high ?

this 3 bar pattern appears Head and Shoulder pattern on Lower Time frames and hence if this is coupled with Higher Time frame Price Action will yield good results.

Important Price Action on HTF are
1) Trendline S/R
2) Trendline Break and Retest of break
3) PPZ zones
4) Very BRN ( say ending in 50 or 00 )
5) Resistance now turned Support and vice a versa
6) Fib Retracements esp 50 and 61
7) Time London , LO-NY overlap are best!
8) Unique Behaviour of Individual Pair

EA can be created for this three bar pattern, but It can hardly be useful since it wont take into consideration HTF Price actions and may blow out the account

What I have oberved many systems are posted here, but after some period the charm is lost! because people directly trade the signals without analysing the HTF Price Action and Best Time.

what I like abt this 3 bar pattern is it is H&S on lower time frames! check it out man

Regards
Winston