WalMal template attached.
What are the tiny red dots?
The magenta diamonds are the previous candle's midpoint.
"Middots" are used as a bias.
1) If price opens above the middot, ok to go long. If price opens below middot, ok to go short. This is usually done after a new high or new low has been put in. Works well with the 3_Level_ZZ indicator.
2) Once you are in a trade, FOLLOW THE DOTS! Stay in the long trade until price closes below the middot. Stay in the short trade until price closes above the middot. Of course, if you hit your TP or more, take it off the table - don't be greedy!
The above works well on the M1 and M5 for scalping. If you are a swing trader, look at D1!