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Attachments: Trading with the DTosc Indicator An indicator that actually works
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Trading with the DTosc Indicator An indicator that actually works

  • #21
  • Quote
  • Feb 8, 2025 12:10pm Feb 8, 2025 12:10pm
Quoting gringo2019
Which support my statement - YOU are The Holy Grail. No tool works without a Human Being, no sport, no job, nothing on the planet Earth works without a Human Being - The Grail. Amen.
I am pretty sure the planet "Earth" would work a lot better WITHOUT Human beings. IN fact, this planet is being destroyed more and more, to the point "we" are searching already for a new planet to infiltrate.
Nonetheless, you ignore 2/3 of what I said and interpret the rest into your favour.

If you want to start a new culture/religion you should go to a different website.
Instead of posting useless comments on other Peoples threads.
BTW this is underneath the Section "Trading Systems" where People post.. ah whatever.
Why am I even wasting my time.
  • #22
  • Quote
  • Feb 8, 2025 12:10pm Feb 8, 2025 12:10pm
Quoting CogAlpha
{quote} Its easy.. I just need to add the sma high/low to it. The "Strength Meter" I have added to the Oscillator doesnt want to work the way I want it to yet though. Glad you like my work
Take your time. I also want your template. Very clean
  • #23
  • Quote
  • Feb 8, 2025 12:24pm Feb 8, 2025 12:24pm
Quoting MachineLearn
{quote} Take your time. I also want your template. Very clean
Will send the Template together with the finished Script
  • #24
  • Quote
  • Feb 8, 2025 2:11pm Feb 8, 2025 2:11pm
Quoting turnip15
{quote} A bit like the "Roadmap" strategy of Laura's https://www.forexfactory.com/thread/...o-read-markets What is the DTosc please - I have Ninja trader at present? but, if I can, I will use it in conjunction with her approach, to see if it improves trade selection albeit on a smaller time frame on the SP500 Micro Future. Great thread Islander and thank you for sharing your ideas.

Here is Robert Miner's description of the DT Oscillator:

"It is a stochastic of an RSI. Then it takes a moving average of that product and then a moving average of that moving average so we end up with two lines."

As an example of one of his standard settings of 13, 8, 5, 5, the inputs are RSI Length: 13, Stoch Length: 8, MA 1 Length: 5, MA 2 length: 5.

I doubt there is any magic to this oscillator that can't be conjured by a more readily available indicator already loaded into Ninjatrader. I'm not at all meaning to disparage the OP or his system. But in the end, it is just an oscillator.

turnip, Ninjatrader will let you apply MA's to indicators. I'm a bit busy right now, but I'd be happy to try to "build" this for you using multiple indi's. It won't be as easy a set up as actually coding it (which is way beyond my current skill set). However, once it is done, you could simply save it as a chart template to preserve it. Once and done. If I can make it work, I'll post it here for you. If I don't post anything, you'll know I've failed.
My objective is to learn the skill of flawless execution of my trading plan
  • #25
  • Quote
  • Edited 4:01pm Feb 8, 2025 3:35pm | Edited 4:01pm
Will be posting it tomorrow.. getting late.

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  • #26
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  • Feb 8, 2025 4:37pm Feb 8, 2025 4:37pm
Quoting CogAlpha
Will be posting it tomorrow.. getting late. {image} {image} {image}
Looks like Lorenztian Classification candles
  • #27
  • Quote
  • Feb 8, 2025 4:54pm Feb 8, 2025 4:54pm
Quoting MachineLearn
{quote} Looks like Lorenztian Classification candles
oh right, they kinda do!

completely different script though. Developed a Bands/Channel Indicator, which I then made into an Oscillator.
And those Candles are coloured based on that Oscillator!
  • #28
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  • Feb 8, 2025 5:08pm Feb 8, 2025 5:08pm
Interesting, go on! What are your preferred time market and pairs?
  • #29
  • Quote
  • Feb 8, 2025 10:09pm Feb 8, 2025 10:09pm
Quoting Islandfx911
Hi Traders, I have been forced to find an indicator / indicators that actually work and a that a person new to trading could easily understand and start to profit in a short amount of time.Why? As most of you are aware my health is poor and I will not be around forever. I want to make sure my wife, Daughter, grandchildren will be financially okay when I can no longer trade and finance there lives. I have been trying to teach my wife how to trade without indicators but it has been harder than expected. I showed her some indicators (Moving averages...
To know how to trade with the DTOsc indicator which dates back to the 80s when it was first introduced,

study this book and learn to develop your own trading system with the content in this book.

whether you can make money with it depends on you as the trader.

Attached Image (click to enlarge)
Click to Enlarge Name: High Probability Trading Stratgies by Robert Miner.png Size: 118 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #30
  • Quote
  • Feb 8, 2025 10:43pm Feb 8, 2025 10:43pm
Quoting flashpaul
Interesting, go on! What are your preferred time market and pairs?
Trading times are at market opens.
Monday morning can be slow, it just depends on news.
I'll do some live trades this week around the Asian Session and London Session and post the results.
Your trade order needs to be in the right place at the right time.
  • #31
  • Quote
  • Feb 8, 2025 10:43pm Feb 8, 2025 10:43pm
Quoting emmanuel7788
{quote} To know how to trade with the DTOsc indicator which dates back to the 80s when it was first introduced, study this book and learn to develop your own trading system with the content in this book. whether you can make money with it depends on you as the trader. {image} ...
Robert Miner’s High Probability Trading Strategies focuses on a structured, rule-based approach to trading. Here are the key takeaways:

Four-Dimensional Analysis – A trading strategy should integrate multiple factors: price (Fibonacci levels), pattern (Elliott Wave), time (cycle analysis), and momentum (oscillators).
Trade Plan & Execution – Emphasizes predefined entry, stop-loss, and target levels before executing a trade.
Momentum Reversals – Uses momentum indicators to confirm trend shifts before taking trades.
Practical Strategy – Introduces a step-by-step process, including multiple time frame analysis and trade filters for high-probability setups.
Risk Management – Stresses position sizing and stop-loss placement to protect capital.
The book is technical but provides a systematic, rule-based framework for traders who prefer structured decision-making.

I just saved you a lot of time
  • #32
  • Quote
  • Feb 8, 2025 11:16pm Feb 8, 2025 11:16pm
On the following charts I have plotted support and resistance on 30m time frame chart. It was a low range trading day yet there were plenty of trades to take.
The 2nd chart I have just changed the 30m chart to 15m so you can see the entries.
on the last chart I have adjusted the vertical lines on the DTosc to show the system entries.
I am not interested in taking trades that have shot past the SMA bands as they are likely to pullback.
Just take trades where price has closed inside the bands, they trades are better value.
What you do with this system and how you interpret / trade it is up to you. If you have anything to add please post ideas / results.
Attached Image (click to enlarge)
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Your trade order needs to be in the right place at the right time.
  • #33
  • Quote
  • Feb 9, 2025 12:00am Feb 9, 2025 12:00am
Quoting flashpaul
Interesting, go on! What are your preferred time market and pairs?
I trade AU, AJ, UJ, EA, GA during the Asian Session.
I usually have made my $ for the day during the Asian Session so don't trade London Session.
If I trade London Session I will generally look at the above and include GU and Dax
I am not a high volume trader, I am looking for the best entry setup out of the bunch.
If you cannot make pips out of one pair you will not make it trading all the pairs at once.
I'll post my trades this week and you will get the idea. I'll probably take a few duds but that happens to the best of us.
I'll post the duds as well.
Your trade order needs to be in the right place at the right time.
  • #34
  • Quote
  • Feb 9, 2025 12:18am Feb 9, 2025 12:18am
Quoting vidvad
{quote} Here is Robert Miner's description of the DT Oscillator: "It is a stochastic of an RSI. Then it takes a moving average of that product and then a moving average of that moving average so we end up with two lines." As an example of one of his standard settings of 13, 8, 5, 5, the inputs are RSI Length: 13, Stoch Length: 8, MA 1 Length: 5, MA 2 length: 5. I doubt there is any magic to this oscillator that can't be conjured by a more readily available indicator already loaded into Ninjatrader. I'm not at all meaning to disparage the OP or his...
Hi Vidvad,
Thanks for your input. I am a seasoned trader and have a good understanding of indicators. I actually, despise them. This system is for my wife to trade and she needs indicators (for now) I will not be offended by anyone's comments. I may be completely wrong but that's okay. I'll have some fun trying it out this week.

This type of trading has been done 1000 times before, I am aware of it, I am just trying to put my spin on it.
All the best
Rob
Your trade order needs to be in the right place at the right time.
  • #35
  • Quote
  • Feb 9, 2025 12:19am Feb 9, 2025 12:19am
Quoting Islandfx911
On the following charts I have plotted support and resistance on 30m time frame chart. / results. {image} {image} {image}
Hi, I'm a fan of DTOsc, I use mainly on the daily and weekly time frames for longer term trades, where I use different setttings.
For your strategy it seems you dont take into account the 75 and 25% levels on the oscillator. I wondered if you found its not relevant for your strategy. Also is M15 your preferred time frame and do you take into account other time frames, higher or lower before entering.
Thanks
its all just one persons opinion....
  • #36
  • Quote
  • Feb 9, 2025 12:27am Feb 9, 2025 12:27am
Quoting axecap
{quote} Hi, I'm a fan of DTOsc, I use mainly on the daily and weekly time frames for longer term trades, where I use different setttings. For your strategy it seems you dont take into account the 75 and 25% levels on the oscillator. I wondered if you found its not relevant for your strategy. Also is M15 your preferred time frame and do you take into account other time frames, higher or lower before entering. Thanks
Hi Axe,
I have never been one to conform to indicator rules. I am not using levels on the DTosc as not required for this system. I will only be trading the 15m timeframe.
You will get the idea this week when I post the trades.
I will post every available trade on as many pairs as possible.
If anyone wants me to look at other pairs like Nas, EG UC let me know
Your trade order needs to be in the right place at the right time.
  • #37
  • Quote
  • Feb 9, 2025 12:39am Feb 9, 2025 12:39am
Quoting Islandfx911
{quote} Hi Axe, I have never been one to conform to indicator rules. I am not using levels on the DTosc as not required for this system. I will only be trading the 15m timeframe. You will get the idea this week when I post the trades. I will post every available trade on as many pairs as possible. If anyone wants me to look at other pairs like Nas, EG UC let me know
thanks for that....I've had a look at it over the last 24 hours or so as I trade/scalp BTCUSD on M15. Mixed results but of course very low volume.
Will be experimenting through the week and will lok at session opens.
Thanks
its all just one persons opinion....
  • #38
  • Quote
  • Feb 9, 2025 1:19am Feb 9, 2025 1:19am
Quoting Islandfx911
{quote} Hi Axe, I have never been one to conform to indicator rules. I am not using levels on the DTosc as not required for this system. I will only be trading the 15m timeframe. You will get the idea this week when I post the trades. I will post every available trade on as many pairs as possible. If anyone wants me to look at other pairs like Nas, EG UC let me know
Please include EJ and GJ. Thank you for starting the thread and helping other traders! All the Best for you and your family
Build habits through consistency
  • #39
  • Quote
  • Edited 1:30am Feb 9, 2025 1:20am | Edited 1:30am
Quoting axecap
{quote} thanks for that....I've had a look at it over the last 24 hours or so as I trade/scalp BTCUSD on M15. Mixed results but of course very low volume. Will be experimenting through the week and will lok at session opens. Thanks
Hi Axe,
Here is the BTCUSD trade for today. I don't see anything else on the chart.
This is a good example of why you need to enter the trade within the bands.
If you chase the market your RR goes out the window.
Attached Image (click to enlarge)
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The DTosc was heading up so I wound not have had any issues buying on the downward bar where I have plotted arrow.

Another confirmation of why you should enter the trade where arrow plotted is because it is a retest of the breakout. This can be seen clearly on the line chart.
Attached Image (click to enlarge)
Click to Enlarge Name: BTCUSD Line SnR.png Size: 19 KB
Your trade order needs to be in the right place at the right time.
  • #40
  • Quote
  • Feb 9, 2025 1:23am Feb 9, 2025 1:23am
Quoting Mavis808
{quote} Please include EJ and GJ. Thank you for starting the thread and helping other traders! All the Best for you and your family
Will do
Your trade order needs to be in the right place at the right time.
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