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(binned per thread starter’s request) Trading with the DTosc Indi

  • #61
  • Feb 9, 2025 9:17am Feb 9, 2025 9:17am
CogAlpha Dark Template Tradingview: Trading with the DTosc Indicator

https://www.tradingview.com/chart/ai6zL4og/ - Copy & Save the Chart (Top right Button)

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  • #62
  • Edited 5:39pm Feb 9, 2025 5:26pm | Edited 5:39pm
Quoting CogAlpha
CogAlpha Dark Template Tradingview: Trading with the DTosc Indicator https://www.tradingview.com/chart/ai6zL4og/ - Copy & Save the Chart (Top right Button) {image}
Hi Cog,
Great work.
Just so everyone is aware of the entries on the chart, only the two sells are valid with this system due to time of trade.
Regards
Rob

I don't use TV however if it is possible to add a time of trade filter it would be very useful as it would eliminate the invalid trades.
Your trade order needs to be in the right place at the right time.
  • #63
  • Feb 9, 2025 5:49pm Feb 9, 2025 5:49pm
If anyone is interested.
I'm watching AU and AJ for a buy if they close inside bands.
Things can change though as the market opens and gets going.
They may fill the gap and reverse and I will then look at selling
Your trade order needs to be in the right place at the right time.
  • #64
  • Feb 9, 2025 6:10pm Feb 9, 2025 6:10pm
For the BTCUSD traders
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Your trade order needs to be in the right place at the right time.
  • #65
  • Feb 9, 2025 6:12pm Feb 9, 2025 6:12pm
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...
Mate, indicators do not "work". You, the trader, must learn to profit from your chosen tool.

Make sure you have sound risk management and money management, first. Then go find your indicator or method. Develop your entry criteria and trigger. Now you have a plan.

The last step is to work on your brain so you neither hesitate nor rush.

Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #66
  • Edited 6:33pm Feb 9, 2025 6:22pm | Edited 6:33pm
Quoting TooSlow
{quote} Mate, indicators do not "work". You, the trader, must learn to profit from your chosen tool. Make sure you have sound risk management and money management, first. Then go find your indicator or method. Develop your entry criteria and trigger. Now you have a plan. The last step is to work on your brain so you neither hesitate nor rush. Cheers!
Hi TS,
I already have a profitable system that does not use any indicators.
This system is to assist my wife as she is new to trading and she prefers indicators.
Indicators to me are misleading, I prefer support and resistance and break and reverse of key levels.
I am posting this system as I found it has a profitable edge. It is for others to learn from.
Even if it goes belly up there is always a lesson to learn
Regards
Rob
Your trade order needs to be in the right place at the right time.
  • #67
  • Feb 9, 2025 6:52pm Feb 9, 2025 6:52pm
entered NZDUSD short at 56.47
Its all just one persons opinion
  • #68
  • Feb 9, 2025 7:23pm Feb 9, 2025 7:23pm
Quoting Islandfx911
If anyone is interested. I'm watching AU and AJ for a buy if they close inside bands. Things can change though as the market opens and gets going. They may fill the gap and reverse and I will then look at selling
Exited after one candle

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  • #69
  • Edited 7:34pm Feb 9, 2025 7:23pm | Edited 7:34pm
Watching AU for a short

I have taken a short on AU.
Attached Image (click to enlarge)
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Your trade order needs to be in the right place at the right time.
  • #70
  • Feb 9, 2025 7:31pm Feb 9, 2025 7:31pm
Quoting Islandfx911
{quote} Hi TS, I already have a profitable system that does not use any indicators. This system is to assist my wife as she is new to trading and she prefers indicators. Indicators to me are misleading, I prefer support and resistance and break and reverse of key levels. I am posting this system as I found it has a profitable edge. It is for others to learn from. Even if it goes belly up there is always a lesson to learn Regards Rob
What is your risk management strategy?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #71
  • Feb 9, 2025 7:33pm Feb 9, 2025 7:33pm
Quoting CogAlpha
{quote} You're not entirely wrong, but you're not completely right either. An indicator—or any other tool—won't magically turn you into a profitable or professional trader. Think of it like a chef in the kitchen: a novice cook could have the finest knives and utensils at their disposal, but that alone won't make them a Michelin-starred chef. However, an experienced chef knows how to fully utilize those tools, enhancing their efficiency and elevating their craft. The same principle applies to trading—it's not about the tools themselves, but how skillfully...
Yes, Mate.

Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #72
  • Feb 9, 2025 7:34pm Feb 9, 2025 7:34pm
Quoting Islandfx911
Watching AU for a short I have taken a short on AU. {image}
D you support trading this on other time frames or keep it to M15 only
  • #73
  • Feb 9, 2025 7:42pm Feb 9, 2025 7:42pm
Quoting MachineLearn
{quote} D you support trading this on other time frames or keep it to M15 only
I trade 15m because it suits my available time at the screen.
If you find you are suited to a different time frame give it a go and let us know.
I will take a look also.
Regards
Rob
Your trade order needs to be in the right place at the right time.
  • #74
  • Feb 9, 2025 7:48pm Feb 9, 2025 7:48pm
Quoting TooSlow
{quote} What is your risk management strategy?
Hi TS,
You are a smart enough trader to know everything about risk management.
I really am not interested in discussing this topic.
I said I would post all my trades this week. The charts will have all trade information on them and I will discuss my reasons for taking the trade.
Hopefully this will be enough.

AU trade is 3.4:1 RR if TP reached.
1% Risk per trade
Your trade order needs to be in the right place at the right time.
  • #75
  • Feb 9, 2025 7:57pm Feb 9, 2025 7:57pm
Quoting TooSlow
{quote} Mate, indicators do not "work". You, the trader, must learn to profit from your chosen tool. Make sure you have sound risk management and money management, first. Then go find your indicator or method. Develop your entry criteria and trigger. Now you have a plan. The last step is to work on your brain so you neither hesitate nor rush. Cheers!
Saying -"make sure you have sound risk management and money management first " implies he doesn't which can come off quite patronizing.

Also saying - "indicators do not work", and "you must learn to profit from your chosen tool, then go find your indicator" implies he hasn't learned to profit from his tools which you don't know... you're blindly just assuming that he doesn't which is also patronizing.

It's also contradicting.. you're saying indicators don't work, while simultaneously saying you have to learn from your tools first, then you can look for an indicator and it will work?

I don't think you should blindly be casting your personal biases in this thread, that's what you have your thread for mate.
  • #76
  • Feb 9, 2025 7:58pm Feb 9, 2025 7:58pm
Hi Island. Good to see that your still going strong.
I have a look at this one - would you say it could be a potential setup?

EJ - at resistance - indicator topside about to go south - price also at daily pivot acting as further confluence for at sell.


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Have entered a sell trade like this - with take profit at support and at the 38% daily pivot.

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  • #77
  • Feb 9, 2025 8:07pm Feb 9, 2025 8:07pm
Quoting TranceGhost
Hi Island. Good to see that your still going strong. I have a look at this one - would you say it could be a potential setup? EJ - at resistance - indicator topside about to go south - price also at daily pivot acting as further confluence for at sell. {image} Have entered a sell trade like this - with take profit at support and at the 38% daily pivot. {image}
I see strength in EJ.
AU was my pick for this session. AU may go up and hit SL EJ may tank down.
I will look further into EJ and get back to you.
Your trade order needs to be in the right place at the right time.
  • #78
  • Feb 9, 2025 8:09pm Feb 9, 2025 8:09pm
Quoting MachineLearn
{quote} Saying -"make sure you have sound risk management and money management first " implies he doesn't which can come off quite patronizing. Also saying - "indicators do not work", and "you must learn to profit from your chosen tool, then go find your indicator" implies he hasn't learned to profit from his tools which you don't know... you're blindly just assuming that he doesn't which is also patronizing. It's also contradicting.. you're saying indicators don't work, while simultaneously saying you have to learn from your tools first, then you...
Hi Machine,
You are a mind reader. I was just being polite to TS
Your trade order needs to be in the right place at the right time.
  • #79
  • Feb 9, 2025 8:13pm Feb 9, 2025 8:13pm
Quoting Islandfx911
{quote} I see strength in EJ. AU was my pick for this session. AU may go up and hit SL EJ may tank down. I will look further into EJ and get back to you.
I am also in the AU trade - it might go up, but when I look at higher timeframes - 12 hour and daily - I am very bearish and there is also a bearish hidden divergence on the 12 hour, and a real bearish divergence on the 4H - so let's hope we are on the right side of the trades
  • #80
  • Feb 9, 2025 8:13pm Feb 9, 2025 8:13pm
Many many Indicators are extremely usefull tools. They save time and analysis.
Like all tools they need to be used correctly for a good result, results vary according to the skills of the person who uses the tool.
Tools and indicators don't work by themeselves.
Its all about expectations.
Its all just one persons opinion
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