Brokers, Strategies, Indicators, Signals

Secretum 60 Strategy Best Strategy Price Action

Very short deadline strategy.

:Download MT4 free indicators HERE for 30 and 60 second strategy (content: Sec 60.tpl / Sec 60 Pivot.ex4 / Sec 60 Alert.ex4 / Sec 60 Price.ex4)

Secretum 60 is aimed, as you have surely already read in our presentations, at those who have the knowledge of trading. The illustrated technique is exclusively for very short deadlines.

The system, which you will easily learn to apply, leads to exciting trading, assimilate it well and try it first on a demo, without rushing, it will lead you to a great constant result over time.

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The technical part
The system we propose must be applied by following the movements on the Metatrader 4 platform, enter the indicators attached.

The content of the system includes:
Sec 60.tpl
Sec 60 Pivot.ex4
Sec 60 Alert.ex4
Sec 60 Price.ex4

Sec60Price is an indicator that only serves to have the price clearly visible on your Metatrader 4.

Enter the Assets you want to follow, the Secretum 60 Technique is valid for all: Forex, Commodities, Indices and Stocks. Open the first chart, select the Tpl Sec 60.

The Metatrader screen you will have will therefore be similar to ours shown below:

Secretum 60 indicators

Secretum 60 Pivot Indicator.
Sec 60 Pivot automatically tracks the Pivotlines, joins the Swing Highs to each other and the Swing Lows to each other.

Only the last 3 important swings are taken into consideration, they are sufficient for our very short-term technique, we give more importance to the movements of the last minutes.

We will therefore always see 3 green Pivotlines and 3 red Pivotlines.
The Pivot indicator only tracks Pivotlines converging with each other: it means that we will always see the green Pivotlines, which join the Pivot points of the upper Swings, always inclined towards the bottom right; vice versa for the
red Pivotlines, they will always be displayed inclined upwards to the right.

The image shows us what is written now:

The Green Lines are for Swing Highs, note that they always slope down to the right.
The red lines therefore show the junction of the minimums of the Swing Lows; As already written previously, the most recent most significant fluctuations are taken into consideration.
The red ones are only displayed when slanted up and to the right.
The green and red ones will therefore always converge with each other.

Sec 60 Alert Indicator

The indicator signals with the appearance of a small yellow arrow the reaching or exceeding of an important resistance in relation to the Timeframe we are following.

An arrow that appears on a Time will have less force of repulsion or temporary blocking of price movements than one that appears on a higher Time, the strength of direction suggested by the arrow increases as the Time in which it appears increases.

We therefore immediately know that, for example, an arrow displayed on M30 will give more strength and will more likely lead to a reversal (or hesitation) of movements than an arrow displayed on M15 or M5.

But our technique involves the application of all the rules, entries into the Market will absolutely never be taken into consideration by us if all the
established parameters do not correspond exactly, one arrow will never be sufficient for our entry.

The indicator has an audible alarm that you can deactivate, open the window and select “false” in the field that you are not interested in.

Sec 60 Price Indicator .
The indicator simply displays the price in large, easily readable characters.
Green numbers indicate an increase in prices, red numbers indicate a decrease.

The 3 secrets
1 . Not less than 5 M1
2 candles. Reaching or exceeding a Pivotline higher than M1 (better to wait for M30 or H1)
3 . Appearance of the arrow on M1

Let’s analyze them in detail.
Never go below the low of the 5 M1 candles.
Going back in time and looking for sequences of 5 candles of the same color (following the chart on M1), we easily notice that most of the momentary reversals easily occur after this sequence of 5.

We will certainly see reversals even after one or two or three candles, as well as we will easily see reversals after 6,7,8 and even 11,12 or more consecutive candles of the same color; but a succession of at least 5 candles is the one that, in the study for an accurate search for the best possible positive average, gave the best results.

We therefore give as a fundamental rule the expectation of a minimum of 5 consecutive candles of the same color on M1.
We do not go down to 4 or 3 after trying the technique, even if, many times, we will see a reversal in the points we expected with a number of M1 candles less than 5.

The best average will be obtained after at least a succession of 5 M1 candles.
The best average of the 5 candlestick low comes from the analysis of months of real trades.
Now you know that you will have to follow the charts but pay close attention only after you see, always on M1, at least 4 consecutive candles of the same color, alternating candles will not be a cause for alarm.
After the fourth candle you will prepare for a possible entry into the trade.

Secret #2: Achieve a Pivotline

Pivotlines are certainly one of the biggest obstacles to price movements, with great probability when reaching one of these the chart may have a pause, a small change of direction or in any case a hesitation.

Achieving a Pivotline of a Time higher than M1 (no later than H1) is our second fundamental rule for a few seconds pullback entry (we will always choose around 60 seconds as the basis).

Secret number 3: arrow on M1.

The Alert indicator warns with the appearance of a small yellow arrow of the overcoming of a generic resistance which can also be horizontal, but the overcoming of a Pivotline which we should take into consideration will most likely be followed (or even anticipated) almost always from the appearance of the arrow on M1.

This means that we will not consider an entry upon reaching (or exceeding) a Pivotline unless accompanied by the arrow on M1.

Conversely, we will many times see the appearance of an M1 arrow at a point where we do not see the Pivotline, but a previous point of resistance has certainly been reached or exceeded; but despite seeing an arrow on M1, the movements of the graph will only be followed carefully by us and our entry will be exclusively upon reaching a Pivotline in a Time higher than M1.
The M1 arrow already indicated a possible reversal and reaching a Pivotline will give us greater safety.

Our entry (click) will occur exactly when the arrow appears on M1 after a pivotline (of a time greater than M1) has been exceeded or reached.
If we already have an arrow on M1 we will click promptly only when the value of the pivotline is exactly reached (or exceeded if necessary).

Never before reaching the line, never before the arrow on M1 appears.
Many times we will see the pullback occur after a succession of 3 or 4 M1 candles, just as we will see the pullback occur only when the pivotline is reached, but we look for the maximum, the best average; by respecting the rules, therefore without the rush to win immediately and quickly, we reach our goal.

Let’s start trading
We will always follow the chart on Time M1, this will decide our entry; is related to candles lasting one minute, our Trades will only be around 60 seconds.
You will also have to get used to checking all the other Timeframes quickly and in rapid succession.

Entries on Pivotlines
Our entries into the Trade will therefore be exclusively only after a sequence of at least 5 consecutive candles on M1 of the same color.
This is the correct procedure before an entry: we follow the price movements, alternating the graphs, an operation that must logically be done constantly.

At the moment of a succession of 3 or 4 M1 candles of the same color in one of the charts, we immediately go to see the other times of the same asset we are following, M5 M15, (better M30 and H1), we do not go further (we will see later the reason why).
This operation must be done continuously and systematically, follow the number of candles on M1 and keep the other Times under control.

Analysis of Secretum 60
Absolute Rule: 5 consecutive candles.
The candles must be of the same color but some candles of opposite color will not interrupt the sequence, they will simply not be considered in the counting.
The following candles do not interrupt the sequence and are not counted:
– Doji (opening and closing at the same value, null body).

– Opposite colored candles with small body (maximum 3 tenths of a pip).
– Candles of opposite color but which have relative high and low lower than the relative high and low of the previous candle for a descending trend, relative high and low higher than the relative high and low of the previous candle for an ascending trend.

The green candle in the figure continues the downward trend even if its color changes to close higher than its open; we don’t count it in the sequence, for us the sequence we see is 6 candles.

Candles of opposite color contained in the previous Range (shadows included for both of the two considered)
The green candle in the image will not be counted in the sequence; we don’t even consider it as a change of direction.
The sequence we see is for us 4 red candles.

We now give an important rule for a reliable sequence.
we expect, as we well know, a succession of at least 5 M1 candles; if after the sequence of 5 candles we do not reach or exceed a Pivotline despite seeing the arrow on M1, from this moment on we will no longer pay attention to a new further sequence of at least 5 candles.

Let’s explain with an example:

I see the 5 candles and the arrow but the Pivotline has not yet been reached (see in the figure the 3 red candles after a sequence of 7 green ones.
If after the 5 candles (in our example 7) the line had not yet been reached and we had to have a reversal of one or more candles (therefore of opposite color as in the drawing), we will no longer wait for a second sequence of at least 5 candles, we will only wait for the Pivotline to be reached and the appearance of a new arrow on M1.

Let’s look at the image again and repeat the concept: we have a first sequence of 7 green candles and we already have the arrow on M1 (in the image we don’t see the arrow because the indicator only shows us the last one if we make a change in time to check ); we are ready for entry upon reaching a Pivotline.

From this moment, given that we have already had the sequence of at least 5 candles, we will no longer have to wait for a new sequence of at least 5 candles, we enter the trade even after some candles of the opposite color, even just one, logically if the direction continues like the previous one and a pivot line was reached or exceeded.

In the figure, after the three red ones, we have two green ones with the appearance of the arrow on the red one (which was certainly green due to having passed the previous one.
If this arrow had coincided with a Pivot line we would have been able to enter without having to wait for a sequence of another 5 green candles.

Let’s now analyze a sequence of images, let’s see how to prepare for a possible imminent entry.

The graph is M1, we must always follow all the Assets with Time at one minute.
(We constantly look for a chart that shows at least 3 consecutive candles of the same color to have our first entry alert).

We see, in the figure, after the central Swing Low indicated by the red dot, a first succession of a green candle, a small red one almost doji and three green ones, followed by a red one which momentarily interrupts the rise.

The small red “almost” doji and the second red will not be considered in the
5 o’clock sequence but as we can easily see, the two candles are part of the ascending trend even if their closing was lower than their opening.

Therefore they do not break the sequence but are not counted; for us this is a succession of 8 green candles.
We don’t see the arrow but we quickly move on to the other Timeframes, we look for the Pivotline.
The arrow may appear immediately or at the next M1 candle.
Let’s immediately look at M5, M15, (better M30 and H1), we have already said that we do not go further, H4 and Daily do not give us a precise indication of the Pullback point.

We will also notice this detail many times: upon reaching a Pivotline there may be a small crossing of the Line followed by an immediate return to it; if we are on M5 or M15, the
relative overshoot will usually be smaller than what will occur on higher Times.
The value read on a Pivotline on M5 or M15 is therefore more precise as a measurement than that read on a 30 and H1.

We will look at this detail again later.

Let’s resume the analysis of the previous sequence and see what we had on M5.

There are no Pivotlines that can give rise to a Pullback. It is therefore very likely that prices will continue to rise due to lack of obstacles.
If we wanted to enter a Trade in favor of the Trend it might seem like a good choice, but first let’s check the other Times!

Let’s quickly move on to M15.

M15 is also free, we see no obstacles for a further climb.
Pay attention to this image!
Have you noticed the previous Pivot Points?
Always look for those that have yet to be reached by our last candle, in the figure they are those that are almost aligned with the light colored price line, the maximums of the green candles of the Swing Highs that we see
below just to the right of the writing “M15”.

We do not visualize the horizontal resistances (supports) coinciding with the Swing highs with indicators but they are easily identifiable, these too could very likely lead to a pullback, perhaps only temporary.
Of course, we won’t consider them very reliable for a change of direction but they can give us a little further help; our technique is a few seconds away, for us it is sufficient for prices to “hold” a retracement for a
very short period of time.

But don’t worry about these oscillations, we will not only enter when a relative maximum of a previous Swing is reached, we just need to know that that could be a point of change of direction and will therefore only serve to keep us ready for the appearance of a possible arrow.

Let’s move on, let’s check out M30

We immediately see a green Pivotline which could easily be reached in a very short time (think of the swings just now, we are probably at the same level…).
We are therefore preparing for an entry and if the prices should touch the same we will definitely enter the Trade with a maximum expiration of 60 seconds!

Absolute rule!
You enter the Trade only when the value of the Pivotline is reached (or exceeded if a fast movement occurs, let’s see the exceptions and details later).

How to know exactly?
We have two different systems, let’s make sure they both match.
We go with the mouse on the Line and read its value, the small window appears:

Let’s immediately memorize the last 3 digits, in our example 763 and quickly return to M1.
We wait for the arrow to appear (if we don’t see it yet) and upon reaching or rapidly exceeding the value 763 we immediately enter the Trade (if the line is crossed and the arrow is not yet there, we must necessarily wait for its appearance)

If with the mouse we were to read a different value, for example lower than the real one we have at the moment, and this would not be possible in the case of a downward Pullback, we must check and look for the correct value by moving slightly on the line until we find a value higher than ours at the moment.

This happens because if we do not position the mouse well on the line, we could read a value that cannot correspond, but a small lateral movement of the mouse would give us the correct value.

If this solution proves tiring or difficult to read, we adopt the other very simple method:

we take the “cross” cursor and position ourselves above the line on the vertical of the candle that should reach it; we read the value in the window that appears but we also check the price scale on the right of Metatrader 4.
As we see in this image we have positioned ourselves on the line and we read the value in the window that appears.

Let us now note the detail described above of a possible reading error.
The point where we are positioned gives us the final value of 887, but if we look at the current prices we see that we are at 885 (detail in the next image below), therefore a difference of just two tenths is not possible, we should move slightly on the right of the line, going up slightly, to read a value that must logically be larger.
So to be sure we also read the value on the right in the Metatrader, as we see in this other image (the blue dot indicates the cursor).

The arrow indicates the vertical of the candle at the intersection of the line.

We move while remaining on the precise point of the vertical of the candle and check the value on the price scale, on the right.
This is for the reason mentioned above; sometimes it is enough to move the mouse slightly from the vertical to read a value that may not correspond, so it is better to make sure with the price scale.

Don’t pay attention to our image which has the center of the cursor moved to the right of the vertical, we only have to pay attention to the height of the line that is measured and as we notice, the horizontal line of the cursor is precisely on the vertical of the candle which is about to reach the pivotline (we moved the center only so as not to make the value appear with the window).

In particular we are reading the value 914, a higher value than what the cursor or mouse on the line gave us, a value that is certainly correct.
We therefore know that at a value of around 914 we can enter the trade.
The previous value read with the mouse was therefore not possible, too close to that of the current prices that we see are 885; we would have had to move slightly to the right to find the real value.

Ultimately: “cross” cursor and we read the value on the price scale!