All my signals with the One Way Formula for the year (so far). Arrows show ascending bottoms and descending tops. Repeat buys and sells are also shown. This is proof that you don't need any indicators to make money in the market. Some things stand the test of time. Simplicity is beauty. If you want to know how to enter and exit these signals and how to plot the swings ask me in a private message.
Thank you for posting this illustration of your method. I read your insightful comments elsewhere where you recommended Larry Williams book "Long Term Secrets to Short Term Trading" Chapter 3. I did not yet read the chapter, but from your illustration, I see it works on the daily graph, and if I make a guess, it seems that the method relies on checking the slope of spatially close retests: for down candles, if the slope is negative or constant, we enter a short/exit a long ; for up candles, if the slope is positive or constant, we enter a long/exit a short. The trick appears to be that we need to be very systematic: it's crucial we don't miss any of these slopes, because the latest one takes precedence. Did I understand the basics of the system right? If yes, then it sounds nice to me, because it's based on the price action, I can understand it works because it uses underlying infos that most people miss about candles chart (ie, that candles indirectly represent volume). Nice system!
Metal-Rules_Rap-Sucks
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Read Larry's book first. In the first three chapters he explains it. The original concepts are explained in the book: "The One Way Formula for Trading in Stocks and Commodities" by William Dunnigan in 1957. Slope and candle volume have nothing to do with it.