DTTW - Atlas Line

[Ninja_On_The_Roof]

Here's the file.

It is open source. You can edit it anyway you desire using NT8 script editor.

https://workupload.com/file/tHuxQQKvqHu

Thanks.

[lis22]

THEY  NEED TO BE EDU @apmoo@kimsam@N9T@redux

DTTW8AtlasLine.cs DTTW8AtlasLine.dll DTTW8ATO2.cs DTTW8ATO2.dll DTTW8Multilines.cs DTTW8Multilines.dll DTTW8News4.cs DTTW8News4.dll DTTW8Roadmap.cs DTTW8Roadmap.dll DTTW8TradeScalper4.cs DTTW8TradeScalper4.dll

[Ninja_On_The_Roof]

The Roadmap, Scalper4, News, Atlas have been educated and posted.

[JackSparrow440]

5 hours ago, Ninja_On_The_Roof said:

The Roadmap, Scalper4, News, Atlas have been educated and posted.

@Ninja_On_The_Roof, Its asking for the License, Can you please help.

[Ninja_On_The_Roof]

1 hour ago, JackSparrow440 said:

@Ninja_On_The_Roof, Its asking for the License, Can you please help.

Lis22 stated clearly in big capital letters that these need to be edu. Of course, you would have errors downloading and installing them.😂

What I meant was, some of those above files, have already been edu and posted in the past.

The only 2 that I haven't seen before are the ATO (at the open) and the MultiLines (whatever this is, never heard of it from DTTW).

 

[Ninja_On_The_Roof]

1 hour ago, JackSparrow440 said:

@Ninja_On_The_Roof, Its asking for the License, Can you please help.

Here are the edu ones. Roadmap, Scalper and News.

https://workupload.com/archive/t5w5Aj85S3

[Ninja_On_The_Roof]

As for the AtlasLine, I recall that I posted it days ago somewhere.

If you still need it, please let me know. I do not use it personally but hey, it is a good tool to inform you to stay with the same direction of the move.

The ATO is just pretty much ORB strategy.

When I first started out trading many years ago, I did buy the course. They didnt have the indicator for it back then. Just a PDF course that shows you in details how to trade it.

If I recall it correctly, at 06:30AM (my Pacific time zone, for you, might be 09:30AM), you draw a vertical line at this time then at 06:52AM, you draw another vertical line at this time. Draw a horizon line for the high and the low from these two time zone. 

You then sit and wait for price to break out from either sides, high or low level.

Then place a limit order at the exact level where price broke out, or just a tick or two from the levels. The idea here is to have price to pull back and fill you with your limit order.

Target and stop, for DTTW, has always been the ATR. They set it at 4, instead of the default of 14. Round up the number a tad. Let's say, the ATR show 2.45. You would say, it is 2 points and a half.

The point here is, if the ATR tells you the anticipated move is about 2 and a half point, but you decide to have your target for 5 points, then you might not see or reach that. Same idea for stop. The anticipated move, up or down is 2 and a half points but you place your stoploss for only 1 and a half point. Then you might just get whacked in the head.

Regardless, to trade it correctly with DTTW stuff, when it comes to their stoplosses, they have a few different types of them. Such as time based stop. Once you are in a trade, your trade goes nowhere and there are already 5 candles or more from your entry point, it might just be time to exit for a break even or a small loss. They want to be in and out as quickly as possible. There is also another called "catastrophic stop" and more...

Do watch many of their videos on YouTube to get the overall ideas so you can trade effectively.🥰

As far as for the Scalper. If you look to the left of your chart, you will see why the signals are fired. It is a break out of your left. Whether it is a support or a resistance.

Edited 51 minutes ago by Ninja_On_The_Roof