I've been looking at this system forever, really on the fence about it. The price tag is gigantic, would love to know if anyone who actually bought it (around 4k) actually made that back.

Ray seems nice, and Erich in the rooms but I'll widen it further, anyone even make half that investment (2k) from the DTS 4 or DTS 5?

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If you consider DTS solely as a pure 'signal generator' and follow every single signal on the charts, you will certainly fail without any doubt and blow your account on a single trading day...

... you need to spend a lot of time to LEARN not only to select the 'right' signals but look at the CONTEXT like PA, support and resistance, swing levels, other time frames and maybe even VWAP (like I do).

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So, bottom line I would summarize the value of DTS for MY PERSONAL USE that DTS helps me to visualize market state / conditions best and gives me some very high potential signals for trade entries, but much more important for ME is that it very often shows me when NOT to take a trade...but that's only me, and for me DTS fits best to my trading style and comfort zone.

So if i read you correctly, the signals do not provide an edge. All signals are equal in this regard, right?

Is the VWAP part of their package?

How is the software helping you in interpreting market CONTEXT?
Is this the place where their visual system shines the most? Can you elaborate on this aspect?

I am confused here as you wrote we should not consider DTS solely as a pure 'signal generator' but then you imply the system gives you some very high potential signals for trade entries. How does the system identify these high potential signals for you?

Well, of course not every signal provides an edge, there's still a good portion of discretion left in your trading decision. Each bird has some higher probability signals as well as signals that you should not take. This depends on how you interpret current market state compared with the higher time frames.

For example, if you see the market retrace only a few ticks after a huge move and after apparently picking up the trend again you should be very cautious because this particular pullback might be not enough, and the market will possibly test the 'extreme' once again before the trend continues.
Another example could be a trend change on the Hawk (lower time frame). which suddenly stops at the 'hard edge' of the Eagle (higher time frame), so I would not take the signal of the Hawk because most often this move will come to an end and test the other side before it possibly breaks this particular support.



VWAP is not part of DTS, I'm using Fat Tails' Session VWAP on the Eagle.

As I mentioned before, if a trade setup presents itself on one of the birds, I look at the other two birds in order to find confirmation for entering the trade. If all three birds are in confluence I'll take the trade.



If you watch the system in real time you will find out that every market has its own characteristics regarding how to interpret the signals. While CL usually responds very well to the hard edge of the Eagle and continues with the trend, NQ usually tends to turn and reverse, which results in a 'red bar buy' or 'green bar sell' signal.

If you are not familiar with DTS, I'd highly recommend to watch one of Erich Senft's recordings of his trading sessions in order to get an idea of how he identifies these high probability trades. This helped me a lot to get a better understanding of how the three birds work together and how to avoid lower probability signals.

Of course, like ANY other system or method this doesn't work all the time, but if you strictly stick to the rules of DTS and have the ability to patiently wait for the 'right setups', you'll definitely make some money.
But let me state this again, it certainly takes more time than you might expect, it's NOT THE HOLY GRAIL and NO 'out of the box' system that you can use without taking your time to LEARN everything about it.

Hope this helps...

Hi all,

Since I purchased the DTS System a long time ago but won't use it anymore, I'd like to offer my licenses of my complete DTS System to anybody who might be interested.

This offer includes the Hawk Micro Scalper, the Falcon Swing Trader, the Eagle Trend Trader and the Trade Manager as well as the Mean Renko bars, the Omni Timer and the Logi Counter.

There are also DTS licenses available for a second machine id which includes the Hawk Micro Scalper, the Falcon Swing Trader, the Eagle Trend Trader and the Trade Manager .

The transfer of any of these licenses to another person has been officially approved by IW, so everything will be strictly official and legal.

Please PM me if you are interested in this offer, or taking anything into consideration.

Now I am really confused. Didn't you try to sell your DTS system because you no longer use it (according to the following post earlier in this thread).

If you consider DTS solely as a pure 'signal generator' and follow every single signal on the charts, you will certainly fail without any doubt and blow your account on a single trading day

Were you to take only the best probability or chance of success signals where all three birds are in total agreement/sync/alignment with each other then how is it possible to blow up an account especially when using in combination the Trade Manager to curve against taking on too much risk to begin with? Unless of course every trade is a loosing one? Really?

To say a system is 100% successful is misleading but any system that can generate more than a 50% chance of success per trade is a winner in my book. Even the algos aren't always that accurate. So please don't mind me for being a bit confused with the above statement.

Well, as I mentioned before DTS IS NOT THE HOLY GRAIL and of course you can have loosing trades even if all three birds are in sync as e.g. you can always be a victim of a deeper retracement which will eventually stop you out...that's trading.
And if I remember correctly, I didn't mention the use of Trade Manager, which of course will prevent you from blowing your acount if your risk parameters are set correctly, especially since TM was not part of the originally DTS system.
But if you lack the necessary discipline you might also be tempted to increase your risk percentage and wipe out your account...so it's all up to you.

My statistics on DTS don't go back long enough to make a solid statement, but if you focus on only a few high probability signals your win percentage will be >50% for sure.

And as for any other system or methodology, if anyone is interested to learn more about DTS you should check it out for yourself if this is for you...

So if I am reading the tea leaves correctly the suggestion is to just simply opt out of any trading system because . . . and stick to plain ole charts analysis, TPO, Fibo, MACD, etc., or perhaps join a trade room which is about the only thing I can think of is left. Forget about any of the free tools available here too because if used/not used as intended it's a 50/50 crap shoot anyhow. TastyTrade? Rob Hoffman? Todd Mitchell? Many others. Which?

Your comment seems needlessly sarcastic.