The "yellow box" on Milk's chart signifies the area where 70% of the 60-minute candles remain within a 70% range based on extension, not actual price (because it's a fractal, not a linear graph). Breaking the yellow box can signal a change in directionality, indicating a potential continuation of the price trend.
This video provides a comprehensive guide to Milk's yellow box chart, a tool used in fractal trading. The speaker, J B, aims to demystify the chart's components and colors, explaining their meanings and demonstrating how to use them for trading.
The video doesn't explicitly lay out a single, named "strategy." Instead, it explains how to interpret several tools (yellow box, spread monster, IV walls, historical order flow zones, single prints, and non-fair value zones) within the context of fractal market analysis. The speaker suggests using these tools in conjunction with each other and real-time market sentiment to identify potential trading opportunities. The overall approach focuses on identifying support and resistance levels, directional biases, and areas where market makers are likely to exert influence. No specific entry or exit rules are given, but the implication is to use the confluence of signals from these different tools to inform trading decisions.
The video doesn't present a codified "YB Strategy." The yellow box is just one element within a broader approach to market analysis. The speaker uses it to assess volatility and potential directional changes, combining its signals with insights from other tools (spread monster, IV walls, order flow zones, etc.) to gauge market sentiment and identify potential trading setups. There is no defined set of rules or entry/exit points explicitly labeled as "the YB strategy."