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

Quoting RiskFighter

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I have the robot on 30 instruments. All filters are on. There have been signal on 4 of them this morning. 2 things: 1) In all 4 signals the trades suggested have been against the triple ribbon and it was easy to see, that those trades should not be taken. Luckily this is not an automatic trading robot, but only suggested signals. 2) In all 4 instruments there were no arrow at the next break down. This because the H1 DTOsc was showing the other direction. So maybe this filter is a little too much? Time will show. You will see, that I have not the...

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Quoting emmanuel7788

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When Trading with Oscillators, follow simple rules when looking for trade setups, then simple rules for entries , ... knowing when to trade, knowing where to trade, #Learn to read the Candle# When the Daily is NOT trending and remain in its Oscillator OS/OB region, Setups and Entries in lower timeframe ... This chart below is self-explanatory. UJ Feb27 Sydney/Tokyo opening session. {image}

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Quoting csierravh

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{quote} since I am a beginner, how did you mange to scalp on a 2 min time frame?

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Quoting RiskFighter

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{quote} Hello Bird As it is not a trading robot, you cannot backtest it. An indicator would have historic data. That is right. An EA does not. Then again, I can assure you, that the DTOsc would lose big in a back test. Because the DTOsc is full of fake signals. Even with the filters I have made allready. And when people are showing their trades here on FF, you notice that they use a lot of other tools to select trades. They even use plain experience. And they only take some few trades out of many signals. Only because they are skilled traders, they...

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Quoting emmanuel7788

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When Trading with Oscillators, follow simple rules when looking for trade setups, then simple rules for entries , ... knowing when to trade, knowing where to trade, #Learn to read the Candle# When the Daily is NOT trending and remain in its Oscillator OS/OB region, Setups and Entries in lower timeframe ... This chart below is self-explanatory. UJ Feb27 Sydney/Tokyo opening session. {image}

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Quoting emmanuel7788

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{quote} Possible add-on entry, re-entry .... {image} ... {image}

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Quoting emmanuel7788

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{quote} {quote} UJ Feb27 UPDATE - a +3R trade is always good - anything more later today would be bonus {image} ... {image} {image}

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Quoting emmanuel7788

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{quote} Let have US data in about one half hour. {image} Interesting to watch price behaviour and DTOsc Dual Timeframe extreme conditions. UJ Feb27 - possible add-on entry and re-entry based on price action and the oscillator. {image} ...

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Quoting birdland

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{quote} you're quite a disappointment here. you don't respond to questions at all and just post things that don't really fit.

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Quoting forex-nl

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Not sure whether this will lift the mood of Bridland but the attached file contains the proper, no errors anymore, code of the #Dtosc indi. It runs on my box so please let me know when it is still showing the warnings. {file} {file}

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Quoting medici

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{quote} The simple and honest answer is that it was all intuitive, and the more complex answer would be along the lines of "order flow" etc.

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Quoting forex-nl

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{quote} HI RF, When i skipped the OB-OS filter and used the MTF Filter (with and without H1 open-direction) i got the following charts. As you can see the initial entries were even supported by add-ons. Maybe less is indeed more and this is even closer to the original suggestion of Island. First chart is the MTF + H1 filter, 2nd one the MTF only filter {image} {image}

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Quoting RiskFighter

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{quote} Yes, that is part of your strategy and thereby our strategy. But this is not a trading robot. You can turn it on when you want to trade. Then go make coffee and read the paper, you get a signal on your phone when there is a trade. Then, when you don't want to trade anymore, close the charts or the robot. We maybe should make an on/off button for phone signals right on the screen.

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Quoting turnip15

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{quote} As an oldie tech ignorant trader I would love to know if I could set a phone alarm to alert me when a level is broken. My poodle thinks I sit in the office for the sole purpose of throwing a brightly coloured ball down the hall way which means I often take my eye off the charts ( had a late trade today, for example.) Any on trading View? I am also looking at Ninja Trader Web - I cannot use Desk Ninja because I use an iMac and hate the add on etc for windows. Just a thought chaps -otherwise it is back to eyeballing the charts at pre drawn...

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Quoting wealthcp

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hello! I wanted to know, there is a version for MT5? thank you!

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Quoting birdland

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{quote} thx forex-nl, but the indicator #Dtosc works proper. what i am looking for is just a simple indicator with arrows (and option with alarm) what pops up whenever there is a signal. i have asked a few fellow people to help us build this indicator for MT4. cogAlpha has done that very well-this is really a nice one- for the platform tradingview, but sadly not for mt4;-(

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Quoting emmanuel7788

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{quote} Let have US data in about one half hour. {image} Interesting to watch price behaviour and DTOsc Dual Timeframe extreme conditions. UJ Feb27 - possible add-on entry and re-entry based on price action and the oscillator. {image}

Attached Image (click to enlarge)

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