8/18/2019 PricesAction Naked Charts M1

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http://www.binaryoptionsedge.com/topic/384-price-action-on-naked-charts-m1-

expiry-strategy/page-2

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. heck the !"plus reading for that high candle#bar.

$. %ey in this reading into the input &alue for !"plus'reakoutTarget.

(. Listen for alert sound and price confir) break out is seen on the chart sa)e candle.*Arrow appear at candle

close+

,.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. heck the !")inus reading for that low candle#bar.

$. %ey in this reading into the input &alue for !")inus'reakoutTarget.

(. Listen for alert sound and confir) price break out is seen on the chart sa)e candle.*Arrow appear at candle

close+

,.Enter PUT trade next candle.

 

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IMPORTANT

Take note to download the 1.2 . The original has no filter in it / apologise for the incon&enience

 Attached Files

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

 

•   2BMilky Signal for Bins.ex4  7.61KB  8 downloads

• !ike "his

• Quote

• MultiQuote

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.

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8/18/2019 PricesAction Naked Charts M1

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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

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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

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candles , or bars .

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