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Price Action on NAKED CHARTS - M1 expiry strategy

Wrote this code to identify the entry point with an arrow signal(will refine it with new inputs/ideas).
Method of use Call
1. Attach indicator to the chart.
2. Look for a Target high price for possible break out high.
3. Check the DIplus reading for that high candle/bar.
4. Key in this reading into the input value for DIplusBreakoutTarget.
5. Listen for alert sound and price confirm break out is seen on the chart same candle.(Arrow appear at candle
close)
6. Enter CALL trade next candle.
Put
1. Attach indicator to the chart.
2. Look for a Target low price for possible break out low.
3. Check the DIminus reading for that low candle/bar.
4. Key in this reading into the input value for DIminusBreakoutTarget.
5. Listen for alert sound and confirm price break out is seen on the chart same candle.(Arrow appear at candle
close)
6. Enter PUT trade next candle.

IMPORTANT
***Take note to download the V1.2 . The original has no filter in it , apologise for the inconvenience***

Attached Files

2BMilky Signal for Bins V1.2.ex4 8KB 174 downloads

2BMilky Signal for Bins.ex4 7.61KB 86 downloads

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About the use of indicator, you need to key in the DI+ or DI- reading into the input field.
1. Right click on chart, then click indicator list.
2. Click 2BMilky Signal for Bins indicator, followed by click Edit.
3. Click Inputs, followed by click Reset.
4. Double left click Value field for either DIplusBreakoutTarget or DIminusBreakoutTarget.
5. Enter the Target high or low DI+/DI- readings you have identified.
(DIplusBreakoutTarget = Target high ; DIminusBreakoutTarget = Target low)
5. Click OK, followed by click Close
The arrow signal will appear at close of candle.

Hi guys
I start this new thread to put the discussion in the proper 60 sec expiry section.
First of I must say that Im an absolute newbie to PA naked chart trade approach. Im also not very
good with words so bear with me as I try my best with this straight forward yet reasonably effective
strat.
Time Frame: 1 Minute Charts
Expiry: 60 seconds

Call Scenario
1. Look for a move high
2. Followed by a retrace
3. Breakout 1 : the high of candle breaks the high of #1
4. Followed by a retrace
5. Breakout 2 : the high of candle breaks the high of #3
6. Confirm breakout candle is bullish
7. Enter CALL trade next candle

Put Scenario
1. Look for a move low
2. Followed by a retrace
3. Breakout 1 : the low of candle breaks the low of #1

4. Followed by a retrace
5. Breakout 2 : the low of candle breaks the low of #3
6. Confirm breakout candle is bearish
7. Enter PUT trade next candle

Nice try , yawkes, and I do appreciate your efforts in starting a naked , PA , 60 second thread !
However .... ( there is always a " however " ), Pip Milking , which I have been modestly promoting
caught these four trades on your chart :
1) A winner , one candle prior to the first arrow .
2) A second winner , three candles later.
3) A third winner , four candles to the left of your first breakout arrow .
4) A fourth candle , three candles to the left of your second entry point ( last arrow ) .
A possible winner , 14 candles just after the left border, but I cannot see the crucial candles beyond
the border .
Also, a winning 2b Reversal above the letter c in resistance. Remember , on 2b's , wait for a
pullback.
Want proof .... anyone ? Go to dacharts.com/2b.htm , and then urbanforex.com for Pip Milking .
Boys and girls in my 85 years I have used , misused , abused and often been amused by every "
system " and indicator extant . I have never seen anything as accurate , AND simple as these two
patterns.
BTW, I am continuing to test these patterns on a LINE graph only ; not only NO indicators , but no

candles , or bars .
If THAT isn't trading naked ...... I don't know what the hell is !