By Omar Eltoukhy - NinjaTrader Indicators and Trading Systems

Forex and
Diversified
Trading
System FAQ
By Omar Eltoukhy

FOREX AND DIVERSIFIED TRADING
SYSTEM FAQ
by Omar Eltoukhy
Q) What is the Diversified Trading System?
A) The Diversified Trading System (DTS) is a complete set of tools used for trading
different markets including Futures, Forex, and Stocks. It consists of 3 separate
market approaches:
1. The Eagle Trend System: Capitalizes on longer-term trend trading to capture
larger moves when the market is trending.
2. The Falcon Swing System: Takes advantage of swings in the market to trade
the daily back-and-forth movement of the market resulting in medium to large
size trades.
3. The Hawk Scalping System: Scalps the market to take smaller trades with a
higher frequency and can even be used when market is choppy and not
tradeable with other systems.
Q) Why Forex?
A) The foreign exchange market (forex) is the single largest market in the world and
trades with higher volume than any stock market meaning excellent liquidity, price
action and execution available to the trader. It is open 24 hours a day for 5 days a
week allowing a much larger window of opportunity to trade successfully around YOUR
schedule rather than having to focus on just a few specific hours a day. The forex
market also allows large leverage which means you can make meaningful gains even
with a smaller account. In addition to all that, forex trades as a commodity which
makes technical analysis a very successful approach to trading this market.
Q) I Heard DTS Has a Really Great Track Record With Futures But I Want to Try Forex
as Well. I Can’t Afford Two Systems Though, What Should I Do?
A) You do not need to buy a different DTS system to trade different asset classes.
Whatever DTS system you own – The Hawk Micro Scalper, The Falcon Swing Trader or The

Eagle Trend Trader can be used to trade forex, futures, and stocks. Flexible, powerful. The
training material and expert guidance will be available to you whether you wish to trade
futures, forex or BOTH! One price / one DTS System gives you everything you need to be on
the road to successful trading in the market of your choice.
Q) I’m New To Trading and Everything I’ve Seen So Far Has Been Very Complicated
and Hard to Use. Is DTS easy to learn and use?
A) The experience of DTS owners indicates that they fully grasp how to use the system
within a few weeks. New traders included. When you buy a DTS System you get
immediate and unlimited access to the futures and forex video training by Erich Senft,
CTA and Omar Eltoukhy, respectively. If anything seems unclear or would like to ask
questions, Erich, Omar, and Stephanie are available on the Indicatorwarehouse.org
forum to answer your questions – forever. That means unlimited questions. It’s really
up to you how much you want to glean from Erich, Omar, and Stephanie.
Not only is there the training but you get unlimited access to Erich’s Trading Room.
Monday to Friday from 9:30 to 11:30 AM, EST, as well as Omar’s Trading Room which is
once weekly on Tuesdays to trade forex during the London or New York open.
So, no matter if you are new to trading or very experienced, we are there to help you
advance at a pace that suits you.
Q) I’m Already A Successful Trader and I Spend A Great Deal Of Time In Front of the
Computer Making it That Way. Why Would I Want DTS?
A) Diversified Trading System, although easy enough for a novice trader to use, is
extremely powerful in the hands of someone with experience.
I was already using time-tested, successful methods when I first tried DTS, and now I
use DTS full-time to make all my manual trades. I have integrated DTS into my own
style and methods of technical analysis and has not only made my trading more
powerful, but I now spend a fraction of the time in front of the computer to make
those trades. They always say “Work smarter, not harder.” DTS is the perfect way to
accomplish that.
Q) What is the Best Indicator To Use?
A) Adam, Erich, and the programmers have done everything they can to make DTS “the
best indicator.” Adam with his intimate knowledge of the needs of traders having
been a vendor since 2009. Erich with his experience with just about every system that
has come along for the last 17 years, and the programmers – who build and refine
every design specification.

But of course, we are bias! Nonetheless, you won’t find any system for Ninja Trader
that compares to DTS in terms of accuracy, ease of use, training, live room access,
and support. We’ve made sure of that!
As any successful trader can tell you, price action is the most “honest” and relevant
indicator one can use in technical analysis. One of the biggest features of DTS for me
was the fact the system’s core was price action based while being enhanced with
complementary indicators to give insight into the momentum in the market.
Q) What Timeframe Does DTS Use?
A) DTS uses a custom, modified version of the Renko Bar. A Renko Bar only paints when
the market actually moves the pre-set distance the bar is adjusted to and removes
time from the equation.
This gives the trader a “pure” view of price-action and filters out the “noise” in the
market from normal, volatile ups and downs in short term price action, offering a
clearer picture of what the market is really doing and better decisions can be made
from that information.
Interestingly enough, Renko can be adjusted larger or smaller to simulate bigger or
smaller timeframes without losing the strength of seeing what price is actually doing.
Indicator Warehouse’s custom version of this charting technique (The Mean Renko
Bars) gives the price action accuracy of a traditional Renko, while still remaining
nimble enough to react quickly to direction changes like traditional candles.
Q) What Pairs Should I Trade?
A) It’s important to trade the pairs that have the most volume. This leads to
smoothest price action, lots of movement generally and the best execution from the
large order volume. I recommend sticking to the majors, and some others. The pairs I
personally trade are the Eur/Usd, Gbp/Usd, Aud/Usd, Eur/Jpy, Aud/Jpy, Eur/Aud and
Eur/Cad and sometimes the Usd/Cad. These pairs give you numerous opportunities to
find trades throughout the week and enough variety that you can avoid any single
currency if there is important news being released for that region. I also recommend
for beginners trading the Eur/Gbp since its daily ranges are smaller and moves aren’t
very volatile.

Q) What Time of Day Should I Trade? Do Some Pairs Trade Better At Certain Times of
Day?
A) The best time to trade is when the currency pairs are the most active. This happens
usually when there is the most volume in the market. This occurs from about one hour
before London opens till about one hour before the NY currency markets close. All
pairs can be successfully traded during this time on a normal day. Of course, the
Asian session does allow one to trade the Yen and Australian crosses successfully as
well. So, with the exception of just a few hours on any given trading day, you can find
time for forex instead of trying to arrange your life around a small window to trade.
Q) How Can I Find the Answers to My Other Questions?
A) We are all dedicated to your success at using the DTS system. All owners of the
system get top-notch training, personal contact and support for as long as they wish to use
the system. To find out more, contact me directly at Omar@DTSForexSystem.com and I
would be happy to assist you in any way I can.