Draw 'n Trade (DnT) | Forex indicator download - MT4/MT5 resources

First of all, this is my first post on this forum, after being an obscure "follower" profile for a long time... Like all traders, I too spent the first few years of my trading experience searching for a holy grail that has lasted many experiences in both good and bad ways. I tried a lot of indicators, systems, and they all led me to big mistakes... and I failed multiple times. Every failure teaches me something... I also want to thank those on this forum who humbly answered my noob questions...

In this article I will never use any indicator or oscillator other than the default drawing tool in MT4... All my experience shows that drawing is the best system in the Forex market. In addition to this mindset, Andrew’s style of using Pitchforks, Equidistant Channels, and Poku’s Fibonacci has been very effective for my trading style…

Suggested topics on Forexfactory:

1-Andrew’s Pitchfork: http://www.forexfactory.com/showthread.php?t=76597

2- Elliott Wave Theory: http://www.forexfactory.com/showthread.php?t=201169

3- Saxon’s Simple Trading: http://www.forexfactory.com/showthread.php?t=230625

4- Fibonacci and Bocus Trading: http://www.forexfactory.com/showthread.php?t=50767

According to my understanding of market trends, there are only two patterns. And I believe that as long as we detect these patterns (you can see them in the picture), we can identify and capture market movements. The price has two options when it moves... it will go up or down, there is no other option... so the analysis of currency pairs should be based on movements on the (+y) and (-y) axes. In other words, when we analyze prices that move up and down, we don't need to include the (+x) and (-x) axes in our analysis... all we need to do is use horizontal lines instead of trend lines...

The market is either volatile or trending... What I don't accept is the existence of the word "volatility"... because it is related to the "time" factor... but it is the movement of the price that brings us profit... not the time... so we should not make the analysis more complicated by including "time" targets but should focus on price movements and targets... That is why horizontal lines are very important to me...

Apart from their importance in detecting support and resistance levels, horizontal lines should be flexible in the Forex market... For example, if we trade mainly on the H4 timeframe, then our horizontal lines should have a thickness of about 40-50 pips... So I would use 50 pips thick support and resistance "zones" instead of just using thin lines...

The Martingale is another tool in my trading style...it's important to note that I used the word "tool"...because it can be very destructive if used as a base mindset...so I just use it as a tool integrated into my trading style...and I know it's scary to hear its name. But I'm here to make money, and martingale money management is best for that...and I have a detailed martingale strategy money management plane that involves up to 7 failure-opportunities. So far I've never seen stage seven... I've reached stage four at most. One more thing: you need a minimum of $2250-2500 to trade this way... I can write out the money management sequence if anyone asks..

Money Management: Page 3, Chapter 42

So I would basically use:

1-Horizontal and vertical lines
2- square, circle, triangle, selymfan (my own fan version)
3-Equidistant channels
4-Sometimes Pitchfork
5-Fibonacci (Bobocus mentality)

I believe that the market operates in harmony and this harmony can be detected when we are talented enough to detect the personality of the last "full wave"... I will try to use these waves to analyze currency pairs by measuring their characteristics... and volume will never be included in my style, nor the news! That's why I call this thread:

Sweepstakes deal! !

You can view details of my past posts at ZuluTrading :

http://www.zulutrade.com/TradeHistor...aspx?pid=89741

greeting....

High Risk Warning: Forex trading carries a high level of risk and may not be suitable for all investors. Leverage creates additional risks and losses. Before you decide to trade Forex, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money you cannot afford to lose. Understand the risks associated with foreign exchange trading and seek advice from an independent financial or tax adviser if you are in any doubt.

IMPORTANT NOTE: All information in this post is my own analysis and thoughts. I hope you can help me improve myself by asking questions and helping me see my mistakes. I'm still in the process of improving...and I think I'll always stay at this stage...